Western Refining, Inc. (WNR) Files Form 4 Insider Buying : Brian John Hogan Buys 10,000 Shares

Western Refining, Inc. (WNR): Brian John Hogan , director of Western Refining, Inc. purchased 10,000 shares on May 26, 2016. The Insider buying transaction was reported by the company on May 31, 2016 to the Securities and Exchange Commission. The shares were purchased at $21.41 per share for a total value of $213,739.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 10, 2016, Robert J Hassler (director) purchased 20,000 shares at $22.10 per share price.On May 9, 2016, Jeff A Stevens (CEO) purchased 150,000 shares at $21.89 per share price.Also, On Aug 11, 2015, Lowry Barfield (Sr. VP Legal Gen Counsel & Sec) sold 5,000 shares at $47.85 per share price.On Jul 15, 2015, Mark J Smith (President-Refining & Marketing) sold 5,000 shares at $48.00 per share price.

Western Refining: On Friday, May 27, 2016 heightened volatility was witnessed in Western Refining which led to swings in the share price. The shares opened for trading at $21.19 and hit $21.71 on the upside , eventually ending the session at $21.71, with a gain of 2.36% or 0.5 points. The heightened volatility saw the trading volume jump to 25,09,114 shares. The 52-week high of the share price is $50.71 and the company has a market cap of $1,982 M . The 52-week low of the share price is at $20.64.

Western Refining Money Flow Index Chart

Company has been under the radar of several Street Analysts.Western Refining is Reiterated by Barclays to Overweight while Lowering the Price Target of the company shares to $ 36 from a previous price target of $39 . The Rating was issued on Apr 8, 2016.

Western Refining Inc. (Western) is an independent crude oil refiner and marketer of refined products. The Company operates through four business segments: refining Northern Tier Energy LP (NTI) Western Refining Logistics LP (WNRL) and retail. The Company’s refining segment owns and operates two refineries in the Southwest that process crude oil and other feedstocks primarily into gasoline diesel fuel jet fuel and asphalt. The NTI segment owns and operates refining and transportation assets and operates and supports retail convenience stores primarily in the Upper Great Plains region of the United States. The WNRL segment owns and operates terminal storage transportation and provides related services primarily to its refining segment in the Southwest. The retail segment operates retail convenience stores and unmanned commercial fleet fueling locations located in the Southwest. The retail convenience stores sell gasoline diesel fuel and convenience store merchandise.

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