Western Refining Logistics (WNRL) Misses Q3 EPS by 11c

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Western Refining Announces Third Quarter 2016 Results

October 31, 2016 11:45 PM EDT

EL PASO, Texas, Oct. 31, 2016 (GLOBE NEWSWIRE) -- Western Refining, Inc. (NYSE: WNR) today reported third quarter 2016 net income attributable to Western of $38.6 million, or $0.35 per diluted share, as compared to net income attributable to Western of $153.3 million, or $1.61 per diluted share for the third quarter of 2015. Net income attributable to Western, excluding special items, was $50.0 million, or $0.46 per diluted share. This compares to third quarter 2015 net income, excluding special items, of $160.2 million, or $1.69 per diluted share. A reconciliation of reported earnings and description of special items can be found in the accompanying financial tables.

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Western Refining Logistics, LP Reports Third Quarter 2016 Results

October 31, 2016 11:45 PM EDT

Net income attributable to limited partners, $14.0 million; Distributable cash flow of $24.7 millionIncreased quarterly distribution to $0.4225 per unit; 11th consecutive increase since IPOCompleted purchase of St. Paul Park refinery logistics assets for $210 millionCompleted $193 million equity offering; increased revolver to $500 million

EL PASO, Texas, Oct. 31, 2016 (GLOBE NEWSWIRE) -- Western Refining Logistics, LP (NYSE: WNRL) today reported third quarter 2016 net income attributable to limited partners of $14.0 million, or $0.23 per common limited partner unit, which compares to $16.5 million and $0.35, respectively, in the third quarter... More