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Western Refining, Inc. (WNR) [hlAlert]

Rating:
Market Perform
WNR
up 3.12 %

Western Refining, Inc. (WNR) upgraded to Market Perform by BMO Capital Markets

Posted on: Friday,  Mar 6, 2009  9:25 AM ET by BMO Capital Markets

BMO Capital Markets rated Market Perform Western Refining, Inc. (NYSE: WNR) on 03/06/2009. Previously BMO Capital Markets rated Underperform Western Refining, Inc. (NYSE:
WNR) on 03/18/2008., when the stock price was $13.21. Since then, Western Refining, Inc. has lost 3.03% as of 03/06/2009's recent price of $12.81.
If you would have followed the previous BMO Capital Markets's recommendation on WNR, you would have gained 3.12% of your investment in 353 days.

Western Refining, Inc. is an independent crude oil refiner and marketer of refined products headquartered in El Paso, Texas, and operates primarily in the Southwestern region of the United States, including Arizona, New Mexico, and West Texas. They have invested a significant amount of capital in refinery initiatives that will allow us to improve our crude oil processing flexibility, expand refinery capacity, increase production of higher-value refined products and satisfy certain regulatory requirements.

The U.S. Equity Research team comprises over 25 analysts located in New York, Atlanta, Boston, Denver, Houston and Los Angeles. We cover more than 375 stocks and also provide equity strategy, quantitative analysis and portfolio management services to our clients. Our goal is to identify the best sectors to invest in, and the best stocks within those sectors, in order to help our clients maximize their portfolio returns. Our award-winning analysts provide research that is informative, perceptive and actionable.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/6/2009 9:25 AM Hold
None
12.81
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD down  -65.07 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/18/2008 9:25 AM Sell
None
13.21
10/2/2007 11:25 AM Hold
None
38.40

(*) Stock Price at the time of the recommendation.
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