Western Refining Inc (WNR): Today's Featured Basic Materials Laggard
(
) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole closed the day up 1.1%. By the end of trading, Western Refining fell $0.72 (-2.6%) to $27.35 on average volume. Throughout the day, 1,845,696 shares of Western Refining exchanged hands as compared to its average daily volume of 1,910,600 shares. The stock ranged in price between $27.08-$28.63 after having opened the day at $28.11 as compared to the previous trading day's close of $28.07. Other companies within the Basic Materials sector that declined today were:
(
), down 88.9%,
(
), down 13.8%,
(
), down 7.1% and
(
), down 6.8%.
Western Refining, Inc. operates as an independent crude oil refiner and marketer of refined products. It operates in three segments: Refining, Wholesale, and Retail. Western Refining has a market cap of $2.4 billion and is part of the energy industry. The company has a P/E ratio of 6.1, below the S&P 500 P/E ratio of 17.7. Shares are down 0.4% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Western Refining a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Western Refining
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Western Refining Ratings Report.
On the positive front,
(
), up 30.0%,
(
), up 17.7%,
(
), up 15.2% and
(
), up 14.8% , were all gainers within the basic materials sector with
(
) being today's featured basic materials sector leader.
- Use our basic materials section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider
(
) while those bearish on the basic materials sector could consider
ProShares Short Basic Materials Fd
(
).
- Find other investment ideas from our top rated ETFs lists.
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