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Western Refining (NYSE:WNR) CFO Gary R. Dalke sold 7,500 shares of the stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $45.00, for a total transaction of $337,500.00. Following the sale, the chief financial officer now directly owns 62,003 shares in the company, valued at approximately $2,790,135. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Western Refining (NYSE:WNR) traded down 0.09% during mid-day trading on Tuesday, hitting $44.55. 960,472 shares of the company’s stock traded hands. Western Refining has a 1-year low of $27.91 and a 1-year high of $45.45. The stock’s 50-day moving average is $40.86 and its 200-day moving average is $40.00. The company has a market cap of $4.503 billion and a P/E ratio of 15.18.

Western Refining (NYSE:WNR) last released its earnings data on Tuesday, August 5th. The company reported $1.29 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.32 by $0.03. The company had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $3.29 billion. During the same quarter in the prior year, the company posted $1.25 earnings per share. The company’s quarterly revenue was up 79.1% on a year-over-year basis. On average, analysts predict that Western Refining will post $3.55 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Thursday, August 14th. Shareholders of record on Wednesday, July 30th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 2.33%. The ex-dividend date is Monday, July 28th.

WNR has been the subject of a number of recent research reports. Analysts at Simmons upgraded shares of Western Refining from a “neutral” rating to an “overweight” rating in a research note on Thursday, August 7th. Analysts at Citigroup Inc. upgraded shares of Western Refining from a “neutral” rating to a “buy” rating in a research note on Monday, July 7th. They now have a $12.00 price target on the stock, down previously from $82.00. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $39.40.

Western Refining, Inc (NYSE:WNR) is an independent crude oil refiner and marketer of refined products and also operates service stations and convenience stores.

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