Before today's market open, the El Paso, TX-based crude oil refiner reported adjusted earnings of 56 cents per diluted share, which did not meet analysts' estimates of 69 cents per share.
Revenue for the period was $2.07 billion, lower than Wall Street's expectations of $2.14 billion.
"Western had a successful 2015 despite a volatile crude oil pricing environment and challenging fourth quarter. We had good, reliable operations at both the El Paso and Gallup refineries as we increased refinery throughput to record levels," CEO Jeff Stevens said in a statement.
Additionally, Western Refining stock could weighed down by falling oil prices today.
Crude oil (WTI) is dropping 1.84% to $31.56 per barrel this afternoon and Brent crude is down 1.31% to $33.496 per barrel, according to the CNBC.com index.
Western Refining is an independent crude oil refiner and marketer of refined products.
Separately, TheStreet Ratings Team has a "Hold" rating with a score of C on the stock.
The primary factors that have impacted the rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks.
The company's strengths can be seen in multiple areas, such as its notable return on equity, attractive valuation levels and good cash flow from operations.
As a counter to these strengths, the also finds weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and poor profit margins.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: WNR