Western Refining Logistics (WNRL) Misses Q4 EPS by 13c
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Go back to Western Refining Logistics (WNRL) Misses Q4 EPS by 13c
February 25, 2016 6:00 AM EST
Record year for refining throughput, retail fuel volumes, and merchandise salesExpanded logistics assets in Delaware Basin and Four Corners, resulting in highly integrated crude oil distribution networkSold TexNew Mex pipeline to WNRL for cash and WNRL unitsEntered into a merger agreement with Northern Tier Energy to purchase remaining publicly-held unitsReturned $234Â million to shareholders through dividends and share repurchases in 2015Announced Q1 2016 dividend of $0.38 per share, a 27% increase versus Q1 2015
EL PASO, Texas, Feb. 25, 2016 (GLOBE... More
February 25, 2016 6:00 AM EST
Net income of $14.8 million; EBITDA of $27.7 million, up 12.1% from Q4 2014Increased quarterly distribution to $0.3925 per unit, an 18% increase vs Q4 2014Completed the acquisition of the 375-mile TexNew Mex pipeline in October
EL PASO, Texas, Feb. 25, 2016 (GLOBE NEWSWIRE) --  Western Refining Logistics, LP (NYSE: WNRL), reported fourth quarter 2015 net income attributable to limited partners of $14.8 million, or $0.30 per common limited partner unit, which compares to $18.8 million and $0.40 respectively in the fourth quarter 2014. Fourth quarter 2015 EBITDA was $27.7 million and distributable cash flow was $20.8 million; this compares to $24.7 million and $21.3 million... More
