Northern Tier Energy (NTI) Misses Q3 EPS by 5c

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Northern Tier Reports Third Quarter 2015 Results

November 3, 2015 5:45 AM EST

Highlights

Third quarter Adjusted Net Income of $140.3 million and Adjusted EBITDA of $173.3 million Declares third quarter distribution of $1.04 per common unit to be paid in cash on November 25, 2015 Record retail segment fuel sales and strong retail fuel marginsApproved Solvent Deasphalting unit project at the St. Paul Park refinery

TEMPE, Ariz., Nov. 03, 2015 (GLOBE NEWSWIRE) -- Northern Tier Energy LP and its subsidiaries (NYSE: NTI) (collectively, "Northern Tier" or the "Company") today reported third quarter 2015 Net Income of $103.5 million, compared to $96.2 million for third... More

Western Refining Announces Third Quarter 2015 Results

November 3, 2015 5:45 AM EST

EL PASO, Texas, Nov. 03, 2015 (GLOBE NEWSWIRE) -- Western Refining, Inc. (NYSE: WNR) today reported results for its third quarter ended September 30, 2015. Net income attributable to Western, excluding special items, was $160 million, or $1.69 per diluted share. This compares to third quarter 2014 net income, excluding special items, of $175.3 million, or $1.73 per diluted share.  Including special items, the Company recorded third quarter 2015 net income attributable to Western of $153.3 million, or $1.61 per diluted share, as compared to net income attributable to Western of $186.7 million, or $1.84 per diluted share for the third quarter of 2014.  A reconciliation of reported earnings and... More