2009 Press Releases
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12/02/09Western Refining to Present at the Bank of America Merrill Lynch 2009 Credit Conference
EL PASO, Texas--(BUSINESS WIRE)--Dec. 2, 2009-- Western Refining, Inc. (NYSE:WNR) today announced that management will present at the Bank of America Merrill Lynch 2009 Credit Conference taking place in New York, New York. The Company is scheduled to present on Thursday, December 3, 2009, at 9:30 AM EST. To listen to a live audio webcast of the presentation, please access the appropriate link through the Investor Relations section of Western Refining’s website at http://cts.businesswire.com/ct/C... 
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11/24/09Western Refining Amends Credit Facilities
EL PASO, Texas--(BUSINESS WIRE)--Nov. 24, 2009-- Western Refining, Inc. (NYSE:WNR) today announced that it has amended its credit facilities to adjust certain financial covenants starting with those for the quarter ended December 31, 2009. The amounts available under the existing facilities were unchanged by the amendments. “We are pleased to have completed these amendments, which provide our company with additional financial flexibility. The... 
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11/09/09Western Refining Reports Third Quarter 2009 Financial Results
Announces Actions to Optimize Assets and Reduce Costs by Approximately $50 Million Annually EL PASO, Texas--(BUSINESS WIRE)--Nov. 9, 2009-- Western Refining, Inc. (NYSE:WNR) today reported a net loss of $4.8 million, or $0.05 per diluted share, for the third quarter of 2009. The Company’s net income was $109.2 million, or $1.60 per diluted share, for the same period in 2008. The year-over-year decline in net income was primaril... 
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10/07/09Western Refining, Inc. Announces Third Quarter 2009 Earnings Conference Call
EL PASO, Texas--(BUSINESS WIRE)--Oct. 7, 2009-- Western Refining, Inc. (NYSE: WNR), an independent oil refining and marketing company, plans to announce results for the third quarter ended September 30, 2009, on November 9, 2009, before the open of trading on the New York Stock Exchange. The Company has scheduled a conference call on November 9, 2009, at 4:00 p.m. ET to discuss these results. This call is being webcast by Thomson Reuters and ... 
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08/06/09Western Refining Reports Second Quarter 2009 Financial Results
EL PASO, Texas--(BUSINESS WIRE)--Aug. 6, 2009-- Western Refining, Inc. (NYSE:WNR) today reported a net loss of $7.8 million, or $0.11 per diluted share for the second quarter of 2009, excluding a non-cash loss from the impairment of goodwill of approximately $299.6 million. Including the goodwill impairment loss, the company reported a second quarter 2009 net loss of $307.3 million, or $4.20 per diluted share. The Company’s net income was $8.2 millio... 
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07/17/09Western Refining, Inc. Second Quarter 2009 Earnings Conference Call
EL PASO, Texas--(BUSINESS WIRE)--Jul. 17, 2009-- Western Refining, Inc. (NYSE:WNR) plans to announce results for the second quarter ended June 30, 2009, on August 6, 2009, before the open of trading on the New York Stock Exchange. The Company has scheduled a conference call on August 6, 2009, at 9:00 a.m. ET to discuss these results. This call is being webcast by CCBN and can be accessed at Western’s website, www.wnr.com. The ca... 
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06/08/09Western Refining Announces Pricing of Senior Secured Notes Offering
EL PASO, Texas--(BUSINESS WIRE)--Jun. 8, 2009-- Western Refining, Inc. today announced that it priced its previously announced private offering of senior secured notes in two tranches. The first tranche consists of $325 million in aggregate principal amount of 11.250% Senior Secured Notes due 2017 (the “fixed rate notes”). The fixed rate notes were sold at 91.445% of their face value. The second tranche consists of $275 million Senior Secured Floatin... 
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06/05/09Western Refining Announces Pricing and Increased Size of Concurrent Common Stock and Convertible Senior Notes Offerings
EL PASO, Texas, June 5 /PRNewswire/ -- Western Refining, Inc. (NYSE: WNR) today announced that it increased its previously announced public offering of common stock to 20,000,000 shares and priced the offering at $9.00 per share. Western Refining also granted the underwriters a 30-day option to purchase up to 3,000,000 additional shares of common stock on the same terms and conditions. Western Refining also announced today that it increased its previously announced concurrent offe... 
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06/01/09Western Refining Announces Offering of Senior Secured Notes
EL PASO, Texas, June 1 /PRNewswire/ -- Western Refining, Inc. today announced that it intends to make a private offering of approximately $600 million senior secured notes due 2017, subject to market and other conditions. Western Refining intends to use the net proceeds from the offering to repay indebtedness under its term loan credit agreement. The senior secured notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be o... 
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06/01/09Western Refining Announces Concurrent Common Stock and Convertible Senior Notes Offerings
EL PASO, Texas, June 1 /PRNewswire/ -- Western Refining, Inc. (NYSE: WNR) today announced that it intends to offer, subject to market and other conditions, 14,000,000 shares of its common stock, par value $0.01 per share. Western Refining intends to grant the underwriters a 30-day option to purchase up to 2,100,000 additional shares of common stock. Concurrently with the common stock offering, Western Refining also intends to offer, subject to market and other conditions, approxima... 
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05/06/09Western Refining Reports First Quarter 2009 Financial Results
EL PASO, Texas--(BUSINESS WIRE)--May. 6, 2009-- Western Refining, Inc. (NYSE:WNR) today reported net earnings of $58.9 million, or $0.86 per diluted share, for the first quarter ended March 31, 2009, versus a net loss of $40.4 million, or $0.60 per diluted share, for the same period in 2008. The increase in earnings for the three months ended March 31, 2009, compared to the same period in 2008, was primarily due to stronger refining ma... 
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04/28/09Western Refining, Inc. First Quarter 2009 Earnings Conference Call
EL PASO, Texas--(BUSINESS WIRE)--Apr. 28, 2009-- Western Refining, Inc. (NYSE:WNR) plans to announce results for the first quarter ended March 31, 2009, on May 6, 2009, before the opening of trading on the New York Stock Exchange. The Company has scheduled a conference call on May 6, 2009, at 10:00 a.m. ET to discuss these results. This call is being webcast by Thomson Reuters and can be accessed at Western’s website, www.wnr.com. ... 
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03/05/09Western Refining Reports Fourth Quarter and Full Year 2008 Financial Results
EL PASO, Texas--(BUSINESS WIRE)--Mar. 5, 2009-- Western Refining, Inc. (NYSE:WNR) today reported a net loss of $12.8 million or $0.19 per diluted share in the fourth quarter of 2008. Excluding a non-cash $46.4 million after-tax lower of cost or market write-down of inventory, net earnings were $33.6 million, or $0.49 per diluted share, for the quarter ended December 31, 2008. For the same period in 2007, the Company had a net loss of $25.5 million, o... 
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02/19/09Western Refining, Inc. Fourth Quarter and Full Year 2008 Earnings Conference Call
EL PASO, Texas--(BUSINESS WIRE)--Feb. 19, 2009-- Western Refining, Inc. (NYSE: WNR) plans to announce results for the fourth quarter and full year ended December 31, 2008, on March 5, 2009, before the opening of trading on the New York Stock Exchange. The Company has scheduled a conference call on March 5, 2009, at 10:00 a.m. ET to discuss these results. This call is being webcast by Thomson Reuters and can be accessed at Western’s web... 
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02/05/09Western Refining Names Jeff Stevens President
Mark Smith Promoted to President - Refining and Marketing EL PASO, Texas--(BUSINESS WIRE)-- Western Refining (NYSE: WNR) announced today that Jeff Stevens, currently the company’s Chief Operating Officer, will assume the additional role of President effective immediately. Prior to his promotion, the position of President had been held by Paul Foster, Chairman and Chief Executive Officer of the company. Mr. Stevens, one of the original partne... 
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