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Western Refining (NYSE:WNR) Insider Mark J. Smith sold 10,000 shares of the company’s stock on the open market in a transaction dated Monday, August 18th. The stock was sold at an average price of $45.54, for a total value of $455,400.00. Following the transaction, the insider now directly owns 63,999 shares in the company, valued at approximately $2,914,514. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

A number of analysts have recently weighed in on WNR shares. 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 stock. The company presently has a consensus rating of “Buy” and a consensus price target of $39.40.

Shares of Western Refining (NYSE:WNR) opened at 47.05 on Friday. Western Refining has a 1-year low of $27.91 and a 1-year high of $47.76. The stock’s 50-day moving average is $42.41 and its 200-day moving average is $40.36. The company has a market cap of $4.756 billion and a P/E ratio of 16.02.

Western Refining (NYSE:WNR) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $1.29 earnings per share (EPS) for the quarter, missing the 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 previous year, the company posted $1.25 earnings per share. The company’s revenue for the quarter was up 79.1% on a year-over-year basis. Analysts expect that Western Refining will post $3.59 EPS for the current fiscal year.

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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