Western Refining Logistics, LP Announces Quarterly Cash Distribution

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Western Refining Logistics (WNRL) Acquires Section of TexNew Mex Pipeline

November 2, 2015 8:28 AM UTC

Western Refining (NYSE: WNR) and Western Refining Logistics, LP (NYSE: WNRL) announced that WNRL has acquired WNRs 375-mile segment of the TexNew Mex pipeline that extends from WNRLs crude oil station in Star Lake, New Mexico in the Four Corners region to WNRLs T Station in Eddy County, New Mexico. WNRL also acquired an 80,000 barrel crude oil storage tank located at its crude oil pumping station in Star Lake, New Mexico.

The primary consideration for the assets consisted of $180 million comprised of... More

Western Refining Logistics (WNRL) Raises Quarterly Dividend 4.8% to $0.3825; 5.9% Yield

November 2, 2015 8:27 AM UTC

Western Refining Logistics (NYSE: WNRL) declared a quarterly dividend of $0.3825 per share, or $1.53 annualized. This is a 4.8% increase from the prior dividend of $0.3650.

The dividend will be payable on November 23, 2015, to stockholders of record on November 13, 2015, with an ex-dividend date of November 10,... More