2007 Press Releases
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12/07/07Western Refining, Inc. Announces Quarterly Dividend
EL PASO, Texas--(BUSINESS WIRE)--Dec. 7, 2007--The Board of Directors of Western Refining, Inc. (NYSE:WNR) has approved its regular quarterly cash dividend of $0.06 per share on the Company's common stock. The dividend will be paid on January 23, 2008 to holders of record at the close of business on January 2, 2008. Western Refining, Inc. is an independent refining and marketing company headquartered in El Paso, Texas. Western has a refinery in El Paso, two refineries in the Four ... 
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11/07/07Western Refining Reports Third Quarter Results
EL PASO, Texas--(BUSINESS WIRE)--Nov. 7, 2007--Western Refining, Inc. (NYSE:WNR) today reported net income of $46.6 million, or $0.69 per diluted share, for the quarter ended September 30, 2007. For the same period in 2006, the Company had net income of $87.1 million, or $1.30 per diluted share. For the first three quarters of 2007, the Company reported net earnings of $264.1 million or $3.91 per diluted share versus net earnings of $153.9 million or $2.36 per diluted share for the fi... 
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10/29/07Western Refining, Inc. Announces Third Quarter 2007 Earnings Conference Call
EL PASO, Texas--(BUSINESS WIRE)--Oct. 29, 2007--Western Refining, Inc. (NYSE: WNR) plans to announce results for the third quarter ended September 30, 2007, on November 7, 2007, before the opening of trading on the New York Stock Exchange. The Company has scheduled a conference call on November 7, 2007, at 10:00 a.m. ET to discuss these results. This call is being webcast by Thomson Financial and can be accessed at Western's website, www.wnr.com. The call can also be heard by dial... 
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08/15/07Western Refining, Inc. Announces Quarterly Dividend
EL PASO, Texas--(BUSINESS WIRE)--Aug. 15, 2007--The Board of Directors of Western Refining, Inc. (NYSE: WNR) has approved its regular quarterly cash dividend of $0.06 per share on the Company's common stock. The dividend will be paid on October 24, 2007 to holders of record at the close of business on October 1, 2007. Western Refining, Inc. is an independent refining and marketing company headquartered in El Paso, Texas. Western has a refinery in El Paso, two refineries in the Fou... 
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08/09/07Western Refining Reports Record Second Quarter Results
EL PASO, Texas, Aug 09, 2007 (BUSINESS WIRE) -- Western Refining, Inc. (NYSE:WNR) today reported net income of $155.0 million, or $2.29 per diluted share, for the quarter ended June 30, 2007. For the same period in 2006, the Company had net income of $86.5 million, or $1.29 per diluted share. The second quarter 2007 financial results represent the highest quarterly net income in the Company's history. For the first half of 2007, the Company reported net earnings of $217.5 million or $3.22 ... 
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07/20/07Western Refining, Inc. Second Quarter 2007 Earnings Conference Call
EL PASO, Texas--(BUSINESS WIRE)--July 20, 2007--Western Refining, Inc. (NYSE:WNR) plans to announce results for the second quarter ended June 30, 2007, on August 9, 2007, before the opening of trading on the New York Stock Exchange. The Company has scheduled a conference call on August 9, 2007, at 11:00 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 call can also be heard by dialing (866) 700-5192, pa... 
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07/19/07Western Refining, Inc. Announces Appointment of Chief Accounting Officer
EL PASO, Texas--(BUSINESS WIRE)--July 19, 2007--Western Refining, Inc. (NYSE:WNR) today announced the appointment of William Jewell as Chief Accounting Officer. Mr. Jewell joins Western from KPMG LLP where he was most recently an Assurance Senior Manager. His experience includes eighteen years in the public accounting sector with both PricewaterhouseCoopers LLP and KPMG LLP. Western's President and Chief Executive Officer, Paul Foster, commented "We are delighted that Will ha... 
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06/22/07Western Refining, Inc. Announces Appointment of Two Senior Officers
EL PASO, Texas--(BUSINESS WIRE)--June 22, 2007--Western Refining, Inc. (NYSE:WNR) today announced the appointment of Lowry Barfield as Senior Vice President - Legal, General Counsel and Mark Cox as Senior Vice President - Treasurer, Director of Investor Relations. Mr. Barfield joined Western in 2005 as Vice President - Legal, General Counsel. Prior to joining Western, he served as Western's outside General Counsel. Mr. Barfield practiced law for over 24 years in private practice w... 
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05/31/07Western Refining Completes Acquisition of Giant Industries
EL PASO, Texas, May 31 /PRNewswire-FirstCall/ - Western Refining, Inc. (NYSE: WNR) today announced that it has completed its acquisition of Giant Industries, Inc. With this acquisition, Western is the fourth largest publicly-traded independent refiner and marketer in the United States, with a total crude oil throughput capacity of approximately 223,000 barrels per day (bpd). "We are delighted with the closing of the Giant transaction, which marks a new chapter in the history of o... 
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05/29/07Court Denies FTC's Request for Preliminary Injunction Related to Western Refining's and Giant Industries' Proposed Merger
EL PASO, Texas and SCOTTSDALE, Ariz., May 29 /PRNewswire-FirstCall/ -- Western Refining, Inc. (NYSE: WNR) and Giant Industries, Inc. (NYSE: GI) today announced that the U.S. District Court for the District of New Mexico has denied the Federal Trade Commission's request for a preliminary injunction related to the companies' proposed merger and dissolved the temporary restraining order issued on April 13, 2007. "The District Court's ruling affirms what we, as well as what many custo... 
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05/16/07Western Refining Increases Quarterly Cash Dividend 50% to $0.06 Per Share
EL PASO, Texas, May 16 /PRNewswire-FirstCall/ -- The Board of Directors of Western Refining, Inc. (NYSE: WNR) has voted to increase the Company's quarterly cash dividend rate 50% to $0.06 per share on the Company's common stock. The dividend will be paid on July 25, 2007, to holders of record at the close of business on July 2, 2007. Western Refining, Inc., headquartered in El Paso, Texas, is an independent crude oil refiner and marketer of refined products, operating primarily in... 
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05/03/07Western Refining Reports Record First Quarter Results
EL PASO, Texas, May 03 /PRNewswire-FirstCall/ -- Western Refining, Inc. (NYSE: WNR) today reported net income of $62.6 million, or $0.93 per diluted share, for the quarter ended March 31, 2007. For the same period in 2006, the Company had a net loss of $19.7 million, or $0.32 per diluted share. The increased earnings for the three months ended March 31, 2007, compared to the same period in 2006, were primarily a result of higher refining margins and increased refinery throughput. ... 
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04/18/07Western Refining, Inc. Announces First Quarter 2007 Earnings Conference Call
EL PASO, TEXAS--(BUSINESS WIRE)--April 18, 2007--Western Refining, Inc. (NYSE:WNR) plans to announce results for the first quarter ended March 31, 2007, on May 3, 2007, before the opening of trading on the New York Stock Exchange. The Company has scheduled a conference call May 3, 2007, at 11:00 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 call can also be heard by dialing (866) 356-4281, passcode: ... 
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04/17/07Western Refining and Giant Industries Announce Hearing Schedule for Proposed Merger
EL PASO, Texas and SCOTTSDALE, Ariz., April 17 /PRNewswire-FirstCall/ -- Western Refining, Inc. (NYSE: WNR) and Giant Industries, Inc. (NYSE: GI) today announced that the U.S. District Court for the District of New Mexico has scheduled a preliminary injunction hearing to begin on May 7, 2007, as requested by Western and Giant, with respect to the litigation filed by the U.S. Federal Trade Commission regarding the companies' proposed merger. On November 13, 2006, Western Refining an... 
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04/10/07Western Refining and Giant Industries to Challenge U.S. Federal Trade Commission's Intention to Enjoin Companies' Merger
Cites Support for the Merger from Numerous State Officials, Customers, and Industry Trade Organizations Who Agree that the Transaction Will Benefit Consumers and Poses No Threat to CompetitionEL PASO, Texas and SCOTTSDALE, Ariz., April 10, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Western Refining, Inc. (NYSE: WNR) and Giant Industries, Inc. (NYSE: GI) today stated that the recent decision by the U.S. Federal Trade Commission (FTC) to seek to enjoin the companies' proposed merger ... 
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02/27/07Western Refining Reports Record Fourth Quarter and Full Year 2006 Results
EL PASO, Texas, Feb. 27 /PRNewswire-FirstCall/ -- Western Refining, Inc. (NYSE: WNR) today reported quarterly after-tax net income of $50.9 million, or $0.76 per diluted share, for the quarter ended December 31, 2006. For the same period in 2005, the Company had net income of $69.0 million, which did not include a provision for income taxes since the Company's operating subsidiary was a partnership during this period and was not directly subject to income taxes. Including a pro forma... 
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02/21/07Western Refining, Inc. Announces Appointment of New Board Member
EL PASO, Texas--(BUSINESS WIRE)--Feb. 21, 2007--Western Refining, Inc. (NYSE:WNR) (the "Company") today announced the appointment of William D. Sanders to the Company's Board of Directors. Mr. Sanders will serve as an independent member of the Board. Mr. Sanders will stand for re-election by a vote of stockholders at the Company's 2007 annual meeting of stockholders. Mr. Sanders is a founder and currently the Co-chairman of Verde Realty. Verde is a diversified real estate investme... 
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02/20/07Western Refining, Inc. Announces Quarterly Dividend
EL PASO, Texas--(BUSINESS WIRE)--Feb. 20, 2007--The Board of Directors of Western Refining, Inc. (NYSE: WNR) (the "Company") has approved its regular quarterly cash dividend of $0.04 per share on the Company's common stock. The dividend will be paid on April 25, 2007 to holders of record at the close of business on April 2, 2007. Western Refining, Inc., headquartered in El Paso, Texas, is an independent crude oil refiner and marketer of refined products, operating primarily in the... 
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02/08/07Western Refining, Inc. Fourth Quarter 2006 Earnings Conference Call
EL PASO, Texas--(BUSINESS WIRE)--Feb. 8, 2007--Western Refining, Inc. (NYSE: WNR) plans to announce results for the fourth quarter ended December 31, 2006, on February 27, 2007, after the close of trading on the New York Stock Exchange. The Company has scheduled a conference call February 28, 2007, at 11:00 a.m. EST to discuss these results. This call is being webcast by CCBN and can be accessed at Western's website, www.westernrefining.com. The call can also be heard by dialing ... 
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01/30/07Western Refining Announces Plans for Giant Bonds
EL PASO, Texas, Jan 30, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Western Refining, Inc. (NYSE: WNR) today announced it intends to retire the Giant Industries (NYSE: GI) 8% and 11% senior subordinated notes following completion of the previously announced merger with Giant. Giant currently has $130.0 million of 11% senior subordinated notes due 2012 and $150.0 million of 8% senior subordinated notes due 2014. Under the terms of the previously announced merger agreement, Weste... 
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