Western Refining Set to Possibly Pullback After Yesterday's Rally of 3.35%
Comtex SmarTrend(R) - 11 mins ago
Western Refining (NYSE:WNR) traded in a range yesterday that spanned from a low of $22.07 to a high of $23.13. Yesterday, the shares gained 3.4%, which took the trading range above the 3-day high of $22.75 on volume of 2.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
WNR: 23.01 (+0.63)
Western Refining (WNR) Beats on Q2 Earnings & Revenues
Zacks Equity Research - Zacks Investment Research - Wed Aug 03, 9:59AM CDT
Western Refining Inc.'s (WNR) second-quarter 2016 earnings per share (excluding special items) came in at 72 cents, surpassing the Zacks Consensus Estimate of 51 cents following strong retail fuel volume.
AR: 26.91 (+0.87), ENB: 40.42 (+0.01), WNR: 23.01 (+0.63), MUSA: 74.02 (-0.45)
Western Refining Announces Second Quarter 2016 Results
GlobeNewswire - Tue Aug 02, 5:00AM CDT
-- EPS of $0.70 per diluted share; EPS, excluding special items, of $0.72 per diluted share
WNRL: 24.21 (-1.11), WNR: 23.01 (+0.63)
Western Refining Logistics, LP Reports Second Quarter 2016 Results
GlobeNewswire - Tue Aug 02, 5:00AM CDT
-- Net income of $17.9 million; EBITDA of $31.8 million
WNRL: 24.21 (-1.11), WNR: 23.01 (+0.63)
Downtrend Call Working As Western Refining Stock Falls 23.9% (WNR)
Comtex SmarTrend(R) - Thu Jul 28, 1:22AM CDT
SmarTrend identified a Downtrend for Western Refining (NYSE:WNR) on April 15th, 2016 at $26.97. In approximately 3 months, Western Refining has returned 23.86% as of today's recent price of $20.53.
WNR: 23.01 (+0.63)
Western Refining Logistics, LP Announces Quarterly Cash Distribution
GlobeNewswire - Wed Jul 27, 5:00AM CDT
The Board of Directors of the general partner of Western Refining Logistics, LP (NYSE:WNRL) declared a quarterly cash distribution for the second quarter 2016 of $0.4125 per unit, or $1.65 per unit on an annualized basis. This distribution represents a 13% increase over the second quarter 2015 and is the 10th consecutive increase in the quarterly distribution for WNRL unitholders. The 2016 second quarter distribution will be paid on August 26, 2016, to all unitholders of record at the close of market on August 12, 2016.
WNRL: 24.21 (-1.11), WNR: 23.01 (+0.63)
Western Refining Declares Third Quarter 2016 Dividend of $0.38 Per Share
GlobeNewswire - Fri Jul 15, 3:45PM CDT
Western Refining, Inc. (NYSE:WNR) today announced its Board of Directors approved a $0.38 per share dividend for the third quarter of 2016. The dividend will be paid on August 9, 2016, to shareholders of record at the close of market on July 25, 2016.
WNRL: 24.21 (-1.11), WNR: 23.01 (+0.63)
Look for Shares of Western Refining to Potentially Rebound after Yesterday's 1.59% Sell Off
Comtex SmarTrend(R) - Fri Jul 15, 1:59PM CDT
Western Refining (NYSE:WNR) traded in a range yesterday that spanned from a low of $19.75 to a high of $20.28. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $19.97 on volume of 1.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
WNR: 23.01 (+0.63)
After Yesterday's Decline of 1.15%, Western Refining Offers Investors Better Value
Comtex SmarTrend(R) - Wed Jul 06, 3:41PM CDT
Western Refining (NYSE:WNR) traded in a range yesterday that spanned from a low of $19.22 to a high of $19.90. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $19.50 on volume of 1.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
WNR: 23.01 (+0.63)
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"
WNRL: 24.21 (-1.11), NTI: 21.15 (+0.23), WNR: 23.01 (+0.63)
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"
WNRL: 24.21 (-1.11), NTI: 21.15 (+0.23), WNR: 23.01 (+0.63)
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: 24.21 (-1.11), NTI: 21.15 (+0.23), WNR: 23.01 (+0.63)
Western Refining Shares Down 29.2% Since SmarTrend's Sell Call (WNR)
Comtex SmarTrend(R) - Tue Jun 21, 1:02AM CDT
SmarTrend identified a Downtrend for Western Refining (NYSE:WNR) on April 15th, 2016 at $26.97. In approximately 2 months, Western Refining has returned 29.24% as of today's recent price of $19.08.
WNR: 23.01 (+0.63)
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: 24.21 (-1.11), NTI: 21.15 (+0.23), WNR: 23.01 (+0.63), WFC: 47.50 (-0.20)
Interesting WNR Put And Call Options For August 19th
DividendChannel.com - Mon Jun 20, 10:35AM CDT
Investors in Western Refining Inc saw new options become available today, for the August 19th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the WNR options chain for the new August 19th contracts and...
WNR: 23.01 (+0.63)
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: 24.21 (-1.11), NTI: 21.15 (+0.23), WNR: 23.01 (+0.63)
Western Refining Logistics, LP to Participate in the Master Limited Partnership Association's 2016 MLP Annual Investor Conference
GlobeNewswire - Wed Jun 01, 3:45PM CDT
Western Refining Logistics, LP (NYSE:WNRL) today announced that Partnership management will participate in the Master Limited Partnership Association's 2016 MLP Annual Investor Conference in Orlando, Florida, on June 2-3, 2016. The presentation is currently scheduled for 9:00 am EDT on Friday, June 3, 2016, and will be webcast live. A link to the live webcast and presentation will be available beginning June 3, 2016, on the Investor Relations section of Western Refining Logistics' website at www.wnrl.com and will remain available in accordance with the Partnership's investor presentation archive policy.
WNRL: 24.21 (-1.11), WNR: 23.01 (+0.63)
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: 24.21 (-1.11), NTI: 21.15 (+0.23), WNR: 23.01 (+0.63)
Shares of WNR Down 21.7% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Fri May 27, 1:55PM CDT
SmarTrend identified a Downtrend for Western Refining (NYSE:WNR) on April 15th, 2016 at $26.97. In approximately 1 month, Western Refining has returned 21.69% as of today's recent price of $21.12.
WNR: 23.01 (+0.63)