Western Refining Logistics LP (WNRL) : Pyrrho Capital Management Lp added new position in Western Refining Logistics LP during the most recent quarter end. The investment management firm now holds 77,250 shares of Western Refining Logistics LP which is valued at $1,610,663 , the company said in a statement filed on Nov 14, 2016 with the SEC.Western Refining Logistics LP makes up approximately 4.00% of Pyrrho Capital Management Lp’s portfolio.
Other Hedge Funds, Including , Gsa Capital Partners Llp added WNRL to its portfolio by purchasing 105,730 company shares during the most recent quarter which is valued at $2,204,471. Western Refining Logistics LP makes up approx 0.12% of Gsa Capital Partners Llp’s portfolio.Acrospire Investment Management boosted its stake in WNRL in the latest quarter, The investment management firm added 1,500 additional shares and now holds a total of 2,596 shares of Western Refining Logistics LP which is valued at $54,646. Western Refining Logistics LP makes up approx 0.04% of Acrospire Investment Management’s portfolio. Alps Advisors Inc added WNRL to its portfolio by purchasing 18,534 company shares during the most recent quarter which is valued at $397,554.Sonora Investment Management reduced its stake in WNRL by selling 100 shares or 25.0% in the most recent quarter. The Hedge Fund company now holds 300 shares of WNRL which is valued at $7,173.
Western Refining Logistics LP closed down -0.9 points or -4.31% at $20 with 3,69,416 shares getting traded on Monday. Post opening the session at $21.1, the shares hit an intraday low of $19.65 and an intraday high of $21.1 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Western Refining Logistics LP reported $0.23 EPS for the quarter, missing the analyst consensus estimate by $ -0.11 based on the information available during the earnings call on Nov 1, 2016. Analyst had a consensus of $0.34. The company had revenue of $569.30 million for the quarter, compared to analysts expectations of $593.26 million. The company’s revenue was down -15.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.35 EPS.
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 Companys 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.