Western Refining (WNR) : Traders are bullish on Western Refining (WNR) as it has outperformed the S&P 500 by a wide margin of 15.49% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.24%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.56% in the last 1 week, and is up 15.25% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 3.42% and the fifty day Moving Average is 13.62%. Western Refining, Inc. is up 12.78% in the last three month period. Year-to-Date the stock performance stands at -29.61%.
Western Refining (WNR) : 4 Wall Street analysts covering Western Refining (WNR) believe that the average level the stock could reach for the short term is $23.75. The maximum price target given is $29 and the minimum target for short term is around $19, hence the standard deviation is calculated at $4.57.
Western Refining (NYSE:WNR): stock turned positive on Friday. Though the stock opened at $24, the bulls momentum made the stock top out at $24.23 level for the day. The stock recorded a low of $23.73 and closed the trading day at $24.03, in the green by 3.94%. The total traded volume for the day was 4,053,462. The stock had closed at $23.12 in the previous days trading.
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 Companys 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.