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Western Refining, Inc., is a Texas-based Fortune 200 [8] and Global 2000 [9] crude oil refiner and marketer operating primarily in the Southwestern, North-Central and ...
Western Refining recently announced that it was spending $775 million to acquire the general partner of Northern Tier Energy . This deal gives Western a share of a refinery located near the Bakken ...
Shares of Western Refining (NYS: WNR) hit a 52-week high yesterday. Let's look at how it got here and whether clear skies are ahead. How it got hereStrong financial results have pushed Western ...
Independent crude oil refiner and marketer Western Refinery (NYS: WNR) announced its fourth-quarter results earlier this week. The company missed estimates, posting adjusted earnings of $0.48 per ...
Of all the energy companies out there, Western Refining garners the most hate among investors. 36.6% of the companies shares are sold short. What is even more surprising is that many of its ...
In 1997, Foster founded Western Refining, which became the fourth-largest publicly traded independent oil refinery in the United States by 2006. In 2007, he appeared on the Forbes 400 list of wealthiest Americans, ranking 261st with a net worth estimated at $1.9 billion. [1] As of 2014, Forbes lists his net worth as $1.5 billion. [4]
Margins matter. The more Western Refining (NYS: WNR) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
Acquisitions expanded refining capacity from 72,000 barrels per day (11,400 m 3 /d) to approximately 664,000 barrels per day (105,600 m 3 /d). Prior to its acquisition by Marathon Petroleum in 2018, Tesoro was the third-largest independent petroleum refining and marketing company in the United States. The merger between the two companies formed ...