Northern Tier Energy LP (NTI) 21.15 $NTI
Western Refining and Northern Tier Announce Unitholder Approval and Closing of Merger
GlobeNewswire - Thu Jun 23, 4:00PM CDT
Western Refining, Inc. (NYSE:WNR) and Northern Tier Energy LP (NYSE:NTI) today announced that at the special meeting of NTI common unitholders held on June 23, 2016, NTI unitholders voted to approve the previously announced merger of NTI and a subsidiary of WNR, pursuant to the Agreement and Plan of Merger dated December 21, 2015 (the "Merger Agreement"
, between NTI, WNR and certain other related parties thereto. On the same day, following the approval of the merger by NTI common unitholders, all closing conditions to the merger were satisfied, and the merger was successfully completed.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Northern Tier and Western Refining Announce Unitholder Approval and Closing of Merger
GlobeNewswire - Thu Jun 23, 4:00PM CDT
Western Refining, Inc. (NYSE:WNR) and Northern Tier Energy LP (NYSE:NTI) today announced that at the special meeting of NTI common unitholders held on June 23, 2016, NTI unitholders voted to approve the previously announced merger of NTI and a subsidiary of WNR, pursuant to the Agreement and Plan of Merger dated December 21, 2015 (the "Merger Agreement", between NTI, WNR and certain other related parties thereto. On the same day, following the approval of the merger by NTI common unitholders, all closing conditions to the merger were satisfied, and the merger was successfully completed.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Western Refining and Northern Tier Announce Preliminary Merger Consideration Election Results
GlobeNewswire - Wed Jun 22, 5:00AM CDT
Western Refining, Inc. (NYSE:WNR) and Northern Tier Energy LP (NYSE:NTI) today announced the preliminary results of the elections made by NTI common unitholders regarding their preference as to the form of merger consideration to be received in WNR's pending acquisition of NTI. The merger is expected to close following the special meeting of NTI unitholders to be held on June 23, 2016, assuming receipt of NTI unitholder approval.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Western Refining to Participate in the 2016 Wells Fargo West Coast Energy Conference
GlobeNewswire - Mon Jun 20, 3:45PM CDT
Western Refining, Inc. (NYSE:WNR) today announced that Company management will participate in the 2016 Wells Fargo West Coast Energy Conference in San Francisco, California on Tuesday, June 21, 2016. The presentation will be available on the Investor Relations section of Western Refining's website at www.wnr.com beginning June 21, 2016, and will remain available in accordance with the Company's investor presentation archive policy.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93), WFC: 45.71 (-2.20)
NTI Stock Crowded With Sellers
EnergyStockChannel.com - Mon Jun 13, 10:47AM CDT
In trading on Monday, shares of Northern Tier Energy LP entered into oversold territory, changing hands as low as $20.76 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used...
NTI: 21.15 (+0.23)
Western Refining to Participate in Upcoming Investor Conferences
GlobeNewswire - Mon Jun 06, 3:45PM CDT
Western Refining, Inc. (NYSE:WNR) today announced that Company management will participate in the RBC Capital Markets Global Energy and Power Executive Conference in New York City, on Tuesday, June 7, 2016. The presentation is currently scheduled for 8:30 am EDT. The presentation will be available on the Investor Relations sections of Western's website at www.wnr.com beginning June 7, 2016.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Western Refining Announces Successful Syndication of $500 Million Term Loan B-2
GlobeNewswire - Tue May 31, 5:30AM CDT
Western Refining, Inc. (NYSE:WNR) today announced the successful syndication of a $500 million Term Loan B-2. The term loan, which has a 7 year maturity and is priced at LIBOR (subject to a 1% floor) plus 4.5%, will be used to fund a portion of the purchase price for the previously announced acquisition of the remaining publicly-traded units of Northern Tier Energy LP (NYSE:NTI). The closing of the offering, which was oversubscribed and placed with a diverse group of institutional investors, is contingent upon the successful closing of the NTI acquisition, the execution of definitive documentation and customary closing conditions. Western also successfully amended its revolving credit facility and Term Loan B-1 in relation to the NTI acquisition and related financings. A special meeting of common unitholders of NTI will be held June 23, 2016, to approve the proposed acquisition, and the transaction is expected to close shortly thereafter.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Western Refining Announces Effectiveness of Registration Statement
GlobeNewswire - Mon May 23, 3:37PM CDT
Western Refining, Inc. (NYSE:WNR) today announced that its Registration Statement on Form Sâ?'4, filed in connection with the previously announced proposed merger of Northern Tier Energy LP (NYSE:NTI) and a subsidiary of WNR pursuant to the Agreement and Plan of Merger dated as of December 21, 2015, by and among NTI, WNR and various of their respective affiliates, was declared effective by the Securities and Exchange Commission ("SEC" on May 23, 2016. A special meeting of NTI common unitholders to approve the proposed merger will be held on June 23, 2016 at 9:00 a.m., Tempe, Arizona Time, and the transaction is expected to close shortly thereafter, subject to approval of NTI common unitholders and the satisfaction of customary closing conditions.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Northern Tier Energy LP Announces Mailing of Proxy Statement and Election Forms
GlobeNewswire - Mon May 23, 3:30PM CDT
Northern Tier Energy LP (NYSE:NTI) today announced that Western Refining, Inc.'s (NYSE:WNR) Registration Statement on Form Sâ?'4 has been declared effective by the Securities and Exchange Commission ("SEC", and that NTI has filed a definitive proxy statement with the SEC for the special meeting of its common unitholders to vote on the previously announced proposed merger of NTI and a subsidiary of WNR, and related matters pursuant to the Agreement and Plan of Merger dated as of December 21, 2015, by and among NTI, WNR and various of their respective affiliates.
NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Western Refining Proposes New Senior Secured Term Loan
Zacks Equity Research - Zacks Investment Research - Wed May 18, 10:51AM CDT
Western Refining Inc. (WNR) has proposed the syndication of new senior secured term loan credit facility.
MDR: 4.80 (-0.33), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93), PBA: 29.47 (-1.02)
Western Refining Logistics, LP Prices Offering of Common Units
GlobeNewswire - Mon May 16, 7:34PM CDT
Western Refining Logistics, LP (NYSE:WNRL) today announced the pricing of a registered underwritten public offering of 3,750,000 common units representing limited partner interests, at a public offering price of $21.73 per common unit. The total gross proceeds (before the underwriting discount and estimated offering expenses) will be approximately $81 million. In connection with the offering, WNRL granted the underwriter a 30-day option to purchase up to an additional 562,500 common units. The offering is expected to close on May 20, 2016, subject to certain closing conditions.
WNRL: 25.25 (-0.88), WNR: 19.32 (-0.93), NTI: 21.15 (+0.23)
Western Refining Logistics, LP Announces Offering of Common Units
GlobeNewswire - Mon May 16, 3:06PM CDT
Western Refining Logistics, LP (NYSE:WNRL) today announced the commencement of a registered underwritten public offering of 3,750,000 common units representing limited partner interests. In connection with the offering, WNRL intends to grant the underwriter a 30-day option to purchase up to an additional 562,500 common units.
WNRL: 25.25 (-0.88), WNR: 19.32 (-0.93), NTI: 21.15 (+0.23)
Northern Tier to Participate in the Morgan Stanley Refining Corporate Access Day
GlobeNewswire - Wed May 11, 3:45PM CDT
Northern Tier Energy LP (NYSE:NTI) ("Northern Tier" today announced that Northern Tier management will participate in the Morgan Stanley Refining Corporate Access Day in New York City on Thursday, May 12, 2016. The meeting materials for the conference will be available beginning Thursday, May 12, 2016, on the Investors section of Northern Tier's website at www.northerntier.com and such materials will remain available at www.northerntier.com in accordance with the Northern Tier investor presentation archive policy.
NTI: 21.15 (+0.23), MS: 24.52 (-2.77)
Northern Tier Reports First Quarter 2016 Results
GlobeNewswire - Tue May 03, 4:45AM CDT
Highlights
NTI: 21.15 (+0.23)
Western Refining Announces First Quarter 2016 Results
GlobeNewswire - Tue May 03, 4:45AM CDT
Western Refining, Inc. (NYSE:WNR) today reported results for its first quarter ended March 31, 2016. Net income attributable to Western, excluding special items, was $11.6 million, or $0.13 per diluted share. This compares to first quarter 2015 net income, excluding special items, of $113.3 million, or $1.18 per diluted share. Including special items, the Company recorded first quarter 2016 net income attributable to Western of $30.5 million, or $0.33 per diluted share, as compared to net income attributable to Western of $106.0 million, or $1.11 per diluted share for the first quarter of 2015. A reconciliation of reported earnings and description of special items can be found in the accompanying financial tables.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Northern Tier Announces First Quarter 2016 Earnings Call and Webcast
GlobeNewswire - Mon Apr 11, 4:00PM CDT
Northern Tier Energy LP (NYSE:NTI) ("Northern Tier" will report its financial results for the first quarter ended March 31, 2016, on Tuesday, May 3, 2016, before the open of trading on the New York Stock Exchange. Northern Tier will also host a conference call to discuss these results on Tuesday, May 3, 2016, at 1:00 p.m. EDT.
NTI: 21.15 (+0.23)
Western Refining, Inc. Announces First Quarter 2016 Earnings Conference Call
GlobeNewswire - Tue Mar 22, 3:45PM CDT
Western Refining, Inc. (NYSE:WNR) will announce earnings results for the first quarter ended March 31, 2016, on Tuesday, May 3, 2016, before the open of trading on the New York Stock Exchange. The Company has scheduled a conference call for May 3, 2016, at 11:00 a.m. EDT to discuss these results.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Northern Tier to Participate in the Scotia Howard Weil 2016 Energy Conference
GlobeNewswire - Mon Mar 21, 3:45PM CDT
Northern Tier Energy LP (NYSE:NTI) ("Northern Tier" today announced that Northern Tier management will participate in the Scotia Howard Weil 2016 Energy Conference in New Orleans on Tuesday, March 22, 2016. The meeting materials will be available beginning Tuesday, March 22, 2016, on the Investors section of Northern Tier's website at www.northerntier.com. The meeting materials from the conference will remain available at www.northerntier.com in accordance with the Northern Tier investor presentation archive policy.
NTI: 21.15 (+0.23)
Western Refining to Participate in the Scotia Howard Weil 2016 Energy Conference
GlobeNewswire - Mon Mar 21, 3:45PM CDT
Western Refining, Inc. (NYSE:WNR) today announced that Company management will participate in the Scotia Howard Weil 2016 Energy Conference in New Orleans, on Tuesday, March 22, 2016. The presentation will be available on the Investor Relations section of Western Refining's website at www.wnr.com beginning March 22, 2016, and will remain available in accordance with the Company's investor presentation archive policy.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Western Refining and Northern Tier Announce Unitholder Approval and Closing of Merger
GlobeNewswire - Thu Jun 23, 4:00PM CDT
Western Refining, Inc. (NYSE:WNR) and Northern Tier Energy LP (NYSE:NTI) today announced that at the special meeting of NTI common unitholders held on June 23, 2016, NTI unitholders voted to approve the previously announced merger of NTI and a subsidiary of WNR, pursuant to the Agreement and Plan of Merger dated December 21, 2015 (the "Merger Agreement"
, between NTI, WNR and certain other related parties thereto. On the same day, following the approval of the merger by NTI common unitholders, all closing conditions to the merger were satisfied, and the merger was successfully completed. WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Northern Tier and Western Refining Announce Unitholder Approval and Closing of Merger
GlobeNewswire - Thu Jun 23, 4:00PM CDT
Western Refining, Inc. (NYSE:WNR) and Northern Tier Energy LP (NYSE:NTI) today announced that at the special meeting of NTI common unitholders held on June 23, 2016, NTI unitholders voted to approve the previously announced merger of NTI and a subsidiary of WNR, pursuant to the Agreement and Plan of Merger dated December 21, 2015 (the "Merger Agreement"
, between NTI, WNR and certain other related parties thereto. On the same day, following the approval of the merger by NTI common unitholders, all closing conditions to the merger were satisfied, and the merger was successfully completed. WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Western Refining and Northern Tier Announce Preliminary Merger Consideration Election Results
GlobeNewswire - Wed Jun 22, 5:00AM CDT
Western Refining, Inc. (NYSE:WNR) and Northern Tier Energy LP (NYSE:NTI) today announced the preliminary results of the elections made by NTI common unitholders regarding their preference as to the form of merger consideration to be received in WNR's pending acquisition of NTI. The merger is expected to close following the special meeting of NTI unitholders to be held on June 23, 2016, assuming receipt of NTI unitholder approval.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Western Refining to Participate in the 2016 Wells Fargo West Coast Energy Conference
GlobeNewswire - Mon Jun 20, 3:45PM CDT
Western Refining, Inc. (NYSE:WNR) today announced that Company management will participate in the 2016 Wells Fargo West Coast Energy Conference in San Francisco, California on Tuesday, June 21, 2016. The presentation will be available on the Investor Relations section of Western Refining's website at www.wnr.com beginning June 21, 2016, and will remain available in accordance with the Company's investor presentation archive policy.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93), WFC: 45.71 (-2.20)
NTI Stock Crowded With Sellers
EnergyStockChannel.com - Mon Jun 13, 10:47AM CDT
In trading on Monday, shares of Northern Tier Energy LP entered into oversold territory, changing hands as low as $20.76 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used...
NTI: 21.15 (+0.23)
Western Refining to Participate in Upcoming Investor Conferences
GlobeNewswire - Mon Jun 06, 3:45PM CDT
Western Refining, Inc. (NYSE:WNR) today announced that Company management will participate in the RBC Capital Markets Global Energy and Power Executive Conference in New York City, on Tuesday, June 7, 2016. The presentation is currently scheduled for 8:30 am EDT. The presentation will be available on the Investor Relations sections of Western's website at www.wnr.com beginning June 7, 2016.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Western Refining Announces Successful Syndication of $500 Million Term Loan B-2
GlobeNewswire - Tue May 31, 5:30AM CDT
Western Refining, Inc. (NYSE:WNR) today announced the successful syndication of a $500 million Term Loan B-2. The term loan, which has a 7 year maturity and is priced at LIBOR (subject to a 1% floor) plus 4.5%, will be used to fund a portion of the purchase price for the previously announced acquisition of the remaining publicly-traded units of Northern Tier Energy LP (NYSE:NTI). The closing of the offering, which was oversubscribed and placed with a diverse group of institutional investors, is contingent upon the successful closing of the NTI acquisition, the execution of definitive documentation and customary closing conditions. Western also successfully amended its revolving credit facility and Term Loan B-1 in relation to the NTI acquisition and related financings. A special meeting of common unitholders of NTI will be held June 23, 2016, to approve the proposed acquisition, and the transaction is expected to close shortly thereafter.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Western Refining Announces Effectiveness of Registration Statement
GlobeNewswire - Mon May 23, 3:37PM CDT
Western Refining, Inc. (NYSE:WNR) today announced that its Registration Statement on Form Sâ?'4, filed in connection with the previously announced proposed merger of Northern Tier Energy LP (NYSE:NTI) and a subsidiary of WNR pursuant to the Agreement and Plan of Merger dated as of December 21, 2015, by and among NTI, WNR and various of their respective affiliates, was declared effective by the Securities and Exchange Commission ("SEC"
on May 23, 2016. A special meeting of NTI common unitholders to approve the proposed merger will be held on June 23, 2016 at 9:00 a.m., Tempe, Arizona Time, and the transaction is expected to close shortly thereafter, subject to approval of NTI common unitholders and the satisfaction of customary closing conditions. WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Northern Tier Energy LP Announces Mailing of Proxy Statement and Election Forms
GlobeNewswire - Mon May 23, 3:30PM CDT
Northern Tier Energy LP (NYSE:NTI) today announced that Western Refining, Inc.'s (NYSE:WNR) Registration Statement on Form Sâ?'4 has been declared effective by the Securities and Exchange Commission ("SEC"
, and that NTI has filed a definitive proxy statement with the SEC for the special meeting of its common unitholders to vote on the previously announced proposed merger of NTI and a subsidiary of WNR, and related matters pursuant to the Agreement and Plan of Merger dated as of December 21, 2015, by and among NTI, WNR and various of their respective affiliates. NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Western Refining Proposes New Senior Secured Term Loan
Zacks Equity Research - Zacks Investment Research - Wed May 18, 10:51AM CDT
Western Refining Inc. (WNR) has proposed the syndication of new senior secured term loan credit facility.
MDR: 4.80 (-0.33), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93), PBA: 29.47 (-1.02)
Western Refining Logistics, LP Prices Offering of Common Units
GlobeNewswire - Mon May 16, 7:34PM CDT
Western Refining Logistics, LP (NYSE:WNRL) today announced the pricing of a registered underwritten public offering of 3,750,000 common units representing limited partner interests, at a public offering price of $21.73 per common unit. The total gross proceeds (before the underwriting discount and estimated offering expenses) will be approximately $81 million. In connection with the offering, WNRL granted the underwriter a 30-day option to purchase up to an additional 562,500 common units. The offering is expected to close on May 20, 2016, subject to certain closing conditions.
WNRL: 25.25 (-0.88), WNR: 19.32 (-0.93), NTI: 21.15 (+0.23)
Western Refining Logistics, LP Announces Offering of Common Units
GlobeNewswire - Mon May 16, 3:06PM CDT
Western Refining Logistics, LP (NYSE:WNRL) today announced the commencement of a registered underwritten public offering of 3,750,000 common units representing limited partner interests. In connection with the offering, WNRL intends to grant the underwriter a 30-day option to purchase up to an additional 562,500 common units.
WNRL: 25.25 (-0.88), WNR: 19.32 (-0.93), NTI: 21.15 (+0.23)
Northern Tier to Participate in the Morgan Stanley Refining Corporate Access Day
GlobeNewswire - Wed May 11, 3:45PM CDT
Northern Tier Energy LP (NYSE:NTI) ("Northern Tier"
today announced that Northern Tier management will participate in the Morgan Stanley Refining Corporate Access Day in New York City on Thursday, May 12, 2016. The meeting materials for the conference will be available beginning Thursday, May 12, 2016, on the Investors section of Northern Tier's website at www.northerntier.com and such materials will remain available at www.northerntier.com in accordance with the Northern Tier investor presentation archive policy. NTI: 21.15 (+0.23), MS: 24.52 (-2.77)
Northern Tier Reports First Quarter 2016 Results
GlobeNewswire - Tue May 03, 4:45AM CDT
Highlights
NTI: 21.15 (+0.23)
Western Refining Announces First Quarter 2016 Results
GlobeNewswire - Tue May 03, 4:45AM CDT
Western Refining, Inc. (NYSE:WNR) today reported results for its first quarter ended March 31, 2016. Net income attributable to Western, excluding special items, was $11.6 million, or $0.13 per diluted share. This compares to first quarter 2015 net income, excluding special items, of $113.3 million, or $1.18 per diluted share. Including special items, the Company recorded first quarter 2016 net income attributable to Western of $30.5 million, or $0.33 per diluted share, as compared to net income attributable to Western of $106.0 million, or $1.11 per diluted share for the first quarter of 2015. A reconciliation of reported earnings and description of special items can be found in the accompanying financial tables.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Northern Tier Announces First Quarter 2016 Earnings Call and Webcast
GlobeNewswire - Mon Apr 11, 4:00PM CDT
Northern Tier Energy LP (NYSE:NTI) ("Northern Tier"
will report its financial results for the first quarter ended March 31, 2016, on Tuesday, May 3, 2016, before the open of trading on the New York Stock Exchange. Northern Tier will also host a conference call to discuss these results on Tuesday, May 3, 2016, at 1:00 p.m. EDT. NTI: 21.15 (+0.23)
Western Refining, Inc. Announces First Quarter 2016 Earnings Conference Call
GlobeNewswire - Tue Mar 22, 3:45PM CDT
Western Refining, Inc. (NYSE:WNR) will announce earnings results for the first quarter ended March 31, 2016, on Tuesday, May 3, 2016, before the open of trading on the New York Stock Exchange. The Company has scheduled a conference call for May 3, 2016, at 11:00 a.m. EDT to discuss these results.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
Northern Tier to Participate in the Scotia Howard Weil 2016 Energy Conference
GlobeNewswire - Mon Mar 21, 3:45PM CDT
Northern Tier Energy LP (NYSE:NTI) ("Northern Tier"
today announced that Northern Tier management will participate in the Scotia Howard Weil 2016 Energy Conference in New Orleans on Tuesday, March 22, 2016. The meeting materials will be available beginning Tuesday, March 22, 2016, on the Investors section of Northern Tier's website at www.northerntier.com. The meeting materials from the conference will remain available at www.northerntier.com in accordance with the Northern Tier investor presentation archive policy. NTI: 21.15 (+0.23)
Western Refining to Participate in the Scotia Howard Weil 2016 Energy Conference
GlobeNewswire - Mon Mar 21, 3:45PM CDT
Western Refining, Inc. (NYSE:WNR) today announced that Company management will participate in the Scotia Howard Weil 2016 Energy Conference in New Orleans, on Tuesday, March 22, 2016. The presentation will be available on the Investor Relations section of Western Refining's website at www.wnr.com beginning March 22, 2016, and will remain available in accordance with the Company's investor presentation archive policy.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93)
