Western Refining Logistics, Lp (WNRL) Files Form 4 Insider Buying : Scott D Weaver Buys 46,019 Shares

Western Refining Logistics, Lp (WNRL): Scott D Weaver , director of Western Refining Logistics, Lp purchased 46,019 shares on May 16, 2016. The Insider buying transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were purchased at $21.73 per share for a total value of $999,992.88 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 15, 2016, Jeff A Stevens (CEO) purchased 31,800 shares at $24.36 per share price.On Aug 26, 2015, David D Kinder (director) purchased 5,000 shares at $22.41 per share price.Also, On Aug 24, 2015, Andrew L Atterbury (director) purchased 20,000 shares at $22.63 per share price.On Aug 11, 2015, Matthew L. Yoder (officer ) purchased 5,000 shares at $24.82 per share price.

Shares of Western Refining Logistics LP (WNRL) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.23 points or -1.06% at $21.54 with 1,77,137 shares getting traded. Post opening the session at $21.88, the shares hit an intraday low of $21.31 and an intraday high of $22.135 and the price vacillated in this range throughout the day. The company has a market cap of $527,579 M and the number of outstanding shares has been calculated to be 24,49,30,00,000 shares. The 52-week high of Western Refining Logistics LP is $32.7 and the 52-week low is $17.35.

Western Refining Logistics LP Money Flow Index Chart

Company has been under the radar of several Street Analysts.Western Refining Logistics LP is Initiated by Raymond James to Strong Buy. The Rating was issued on Apr 21, 2016.Western Refining Logistics LP is Reiterated by Barclays to Equal Weight while Lowering the Price Target of the company shares to $ 26 from a previous price target of $28 . The Rating was issued on Feb 29, 2016.

Western Refining Logistics LP (WNRL) is a fee-based growth-oriented partnership that was formed to own operate develop and acquire logistics and related assets and businesses to include terminals storage tanks pipelines and other logistics assets related to the terminalling transportation storage and distribution of crude oil and refined products. The Company’s segments are the logistics segment and the wholesale segment. Its pipeline and gathering assets are positioned to support crude oil supply options for Western Refining Inc.’s (Western) El Paso and Gallup Refineries as well as third parties. Its wholesale segment includes the operations of several lubricant and bulk petroleum distribution plants and a fleet of crude oil and refined product and lubricant delivery trucks. Its wholesale segment distributes commercial wholesale petroleum products in Arizona California Colorado Nevada New Mexico and Texas.

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