Western Refining (WNR) Misses Q2 EPS by 3c

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Western Refining Announces Second Quarter 2014 Results

August 5, 2014 5:59 AM EDT

EL PASO, Texas, Aug. 5, 2014 (GLOBE NEWSWIRE) -- Western Refining, Inc. (NYSE: WNR) today reported results for its second quarter ending June 30, 2014. Net income attributable to Western, excluding special items, was $128.8 million, or $1.29 per diluted share. This compares to second quarter 2013 net income, excluding special items, of $126.8 million, or $1.25 per diluted share. Including special items, the Company recorded second quarter 2014 net income attributable to Western of $156.7 million, or $1.56 per diluted share, as compared to net income of $149.3 million, or $1.46 per diluted share for the second quarter of 2013. Special items in the second quarter of 2014 consisted... More

Western Refining Logistics, LP Reports Second Quarter 2014 Results

August 5, 2014 5:59 AM EDT

Significantly increased crude oil gathering and pipeline volumes Generated $14.4 million of distributable cash flow Increased quarterly distribution to $0.3075 per unit

EL PASO, Texas, Aug. 5, 2014 (GLOBE NEWSWIRE) -- Western Refining Logistics, LP (NYSE: WNRL) reported second quarter 2014 net income of $11.0 million, or $0.24 per common limited partner unit. During this period, EBITDA was $14.9 million and distributable cash flow was $14.4 million.

"We had a good quarter operationally, which allowed us to deliver solid financial results," said Chief Executive Officer and President... More