Northern Tier Energy Lp (NTI): Refining, Inc. Western , director 10% owner of Northern Tier Energy Lp purchased 5.7325032E7 shares on Jun 23, 2016. The Insider buying transaction was reported by the company on Jun 27, 2016 to the Securities and Exchange Commission. The shares were purchased at $0.00 per share for a total value of $0.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 27, 2016, Interholdco Llc Nt (director 10% owner) purchased 5.7325032E7 shares at $0.00 per share price.On Jan 22, 2016, Karen Berriman Davis (Exec VP, CFO) sold 1,693 shares at $24.33 per share price.Also, On Jan 22, 2016, David L Lamp (President and CEO) sold 12,885 shares at $24.33 per share price.On Jan 22, 2016, Scott L Stevens (Sr VP & Chief Commercial Offcr) sold 4,837 shares at $24.33 per share price.
Company has been under the radar of several Street Analysts.Northern Tier Energy LP is Downgraded by Credit Suisse to Neutral. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 11, 2016.
Northern Tier Energy LP (Northern Tier) is a downstream energy limited partnership. The Company has refining retail and logistics operations that serve the Petroleum Administration for Defense District II (PADD II) region of the United States. Its segments include the refining business and the retail business. The Companys refining segment consists of a 97800 barrels per stream day (bpsd) refinery located in St. Paul Park Minnesota. Its refineries process a variety of light heavy sweet and sour crudes into refined products. It is one of the two refineries in Minnesota and one of four refineries in the Upper Great Plains area within the PADD II region. The Companys retail segment operated 165 convenience stores under the SuperAmerica brand and also supported 89 franchised convenience stores which are also operated under the SuperAmerica brand. These convenience stores are located throughout Minnesota Wisconsin and South Dakota.