Western Refining (WNR) Shares are Up 4.89%

Western Refining (WNR) : Traders are bullish on Western Refining (WNR) as it has outperformed the S&P 500 by a wide margin of 20.62% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.33%, 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 4.89% in the last 1 week, and is up 18.18% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 10.24% and the 50-Day Moving Average is 20.42%.The 200 Day SMA reached 4.76% Western Refining, Inc. is up 49.99% in the last 3-month period. Year-to-Date the stock performance stands at -18.88%.


Western Refining (WNR) stock is expected to deviate a maximum of $4.57 from the average target price of $23.75 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $29 and the most muted being $19.

Company shares have received an average consensus rating of Hold for the current week Western Refining (NYSE:WNR): The stock opened at $26.98 and touched an intraday high of $28 on Friday. During the day, the stock corrected to an intraday low of $26.98, however, the bulls stepped in and pushed the price higher to close in the green at $27.69 with a gain of 0.95% for the day. The total traded volume for the day was 4,145,858. The stock had closed at $27.69 in the previous trading session.

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.

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