Wednesday, March 13, 2013

Western Refining (WNR) continues an uptrend

Western Refining (WNR) isn't resting on its heels after their better-than-expected 2012 fourth quarter profits. With the expansion of the Seaway Oil Pipeline, Gulf Coast, refineries such as Western Refining can receive much more crude from the midwest than they could last year. These factors go hand-in-hand with the private sale of senior notes which will be due for redemption in 2021. This year will be all about if Western Refining can use these unique advantages to grow and pull ahead of it’s competitors.