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News Breaks
May 5, 2014
05:53 EDTWNRLWestern Refining Logistics raises Q1 distribution to 24.07c per unit
The distribution will be paid on May 26, to all unitholders of record at the close of market on May 16. The distribution for 4Q13 was 24.07c per unit, and corresponded to WNRL's minimum quarterly cash distribution of 28.75c per unit as prorated for the period from the closing date of WNRL's initial public offering on October 16, 2013, through December 31, 2013.
News For WNRL From The Last 14 Days
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September 25, 2014
17:48 EDTWNRLWestern Refining Logistics to acquire wholesale business from WNR for $360M
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September 17, 2014
05:38 EDTWNRLWestern Refining to acquire Wingate Plant, assets from ConocoPhillips
Western Refining (WNR) announced that it has entered into an agreement for the acquisition of the 25,000 bpd idled Wingate Fractionation Plant in Gallup, New Mexico from ConocoPhillips (COP). The Wingate facility includes rail loading and offloading capabilities and storage facilities in addition to natural gas liquids fractionation capability. The transaction is expected to close in early October. Terms of the transaction were not disclosed. Jeff Stevens, Western's president and CEO said, "The strategic location of the Wingate facility is a great addition to the logistical assets of Western. It is conveniently located near our Gallup Refinery. This transaction will afford Western greater flexibility in the Four Corners region as it will provide approximately 125,000 barrels of pipeline-connected seasonal NGL storage for our Gallup Refinery; crude oil loading and transportation capabilities, both east and west, through the rail loading terminal; and pipeline connectivity to Western Refining Logistics (WNRL) assets."

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