Western Refining Logistics (WNRL) Misses Q1 EPS by 13c
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Western Refining Logistics (NYSE: WNRL) reported Q1 EPS of $0.22, $0.13 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $604.69 million versus the consensus estimate of $605.59 million.
"WNRL delivered an increase in net income, EBITDA, distributable cash flow and its 13th consecutive quarter of distribution growth driven primarily by increases in Delaware Basin mainline movements and the recent acquisition of the St. Paul Park logistics assets," said Jeff Stevens, President and Chief Executive Officer of WNRL's general partner. "Our Wholesale fuel business had a good quarter due to strong margins. We also saw strong growth in our crude oil and asphalt trucking volumes in the Delaware."
For earnings history and earnings-related data on Western Refining Logistics (WNRL) click here.
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