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Rating: WNR
Buy

Western Refining, Inc. (NYSE: WNR) upgraded to Buy by Tudor Pickering

Monday,  Jan 4, 2016  10:25 AM ET by Dave Ficere

Tudor Pickering upgraded Western Refining, Inc. (NYSE: WNR) to
Buy. Previously Tudor Pickering rated Hold Western Refining, Inc. (NYSE: WNR) on 10/16/2015, when the stock price was $46.05.

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.

Tudor Pickering



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