Subsidiary | |
Traded as | : WNR |
Industry | Oil |
Founded | 1997 |
Headquarters | El Paso, Texas, USA |
Number of locations
|
3 Oil refineries, 543 retail locations |
Area served
|
United States Mexico |
Key people
|
Jeff A. Stevens (Chief Executive Officer) Paul L. Foster (Chairman of the Board) |
Products | Refined products |
Production output
|
Crude oil |
Services |
Convenience stores Service stations |
Revenue | $ 15.2 billion (2014). |
$ 1.1 billion (2014). | |
$ 710.1 million (2014). | |
Total assets | $ 5.67 billion (2014). |
Total equity | $ 2.79 billion (2014). |
Number of employees
|
5,700 |
Parent | Andeavor |
Subsidiaries | Western Refining Logistics |
Website | WNR.com |
Western Refining, Inc., is a Texas-based Fortune 200 and Global 2000crude oil refiner and marketer operating primarily in the Southwestern, North-Central and Mid-Atlantic regions of the United States. Western Refining (WNR) has been publicly traded on the since January, 2006 and is the fourth largest publicly traded independent refiner and marketer in the nation.
The company is headquartered in El Paso, Texas; its refineries are located in El Paso, Gallup, New Mexico, and St. Paul Park, Minnesota. These refineries have a combined crude oil processing capacity of approximately 242,500 barrels per day (38,550 m3/d). A majority of products produced at these refineries are light products, consisting of gasoline, diesel fuel, and jet fuel. All four refineries have truck loading terminals. The El Paso refinery delivers to a number of other markets via pipeline.
Western Refining owns and operates a wholesale division that works in conjunction with the refining operations. Through the refineries and these affiliated companies, Western Refining serves a broad customer base in Arizona, California, Colorado, Minnesota, Nevada, New Mexico, western Texas, Utah, Wisconsin, northern Chihuahua, Mexico, and the central East Coast region. In late 2016, it was announced that the San Antonio, Texas based refining and logistics company Tesoro would purchase Western Refining for an estimated enterprise value of $6.4 Billion. Stockholders from both companies approved the proposed deal on March 24, 2017, pending approval from the Federal Trade Commission.