Charles R Palace
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to The Oil Traders
Western Refining, Inc., (Ticker Symbol: WNR) through its subsidiaries,
operates as an independent crude oil refiner and marketer of refined
products in Texas, Arizona, New Mexico, Utah, Colorado, and the Mid-
Atlantic region. The company operates in three groups: Refining group,
Retail group, and Wholesale group. The Refining group operates three
refineries, related refined products distribution terminals, a crude
oil gathering pipeline system, an asphalt plant, and four asphalt
terminals. This group refines crude oil and other feedstock into
finished products, such as gasoline, diesel fuel, and jet fuel;
acquires finished products through exchange agreements and from
various third-party suppliers; and sells these products through its
service stations and Wholesale group, independent wholesalers and
retailers, commercial accounts, and sales and exchanges with oil
companies. The Retail group operates service stations, which include
convenience stores or kiosks that sell gasoline, diesel fuel, general
merchandise, and beverage and food products. As of March 5, 2010, it
owned and operated 150 service stations with convenience stores or
kiosks in Arizona, New Mexico, and Colorado, which include 115 stores
under Giant, 1 unit under Western, 2 units under Western Express, 20
units under Mustang, 10 units under Sundial, and 2 units under
Thriftway brand names. The Wholesale group distributes commercial
wholesale petroleum products primarily in Arizona, California,
Colorado, Nevada, New Mexico, Texas, and Utah to customers in the
mining, construction, utility, manufacturing, transportation,
aviation, and agricultural industries, as well as to retail fuel
distributors. The company is headquartered in El Paso, Texas.
Market Cap. $1.50 Billion Employees:3,300
52wk Range: 4.01 - 18.28. Friday 18th 2011 Closing Price $16.85
After Hours.