NEW YORK ( TheStreet) -- The ex-dividend date for Western Refining (NYSE: WNR) is Tuesday, January 17, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $14.98 as of 9:30 a.m. ET, the dividend yield is 0.3%.

The average volume for Western Refining has been 3.2 million shares per day over the past 30 days. Western Refining has a market cap of $1.35 billion and is part of the basic materials sector and energy industry. Shares are up 13.8% year to date as of the close of trading on Thursday.

Western Refining, Inc., through its subsidiaries, operates as an independent crude oil refiner and marketer of refined products in Texas, Arizona, New Mexico, Utah, Colorado, and the Mid-Atlantic region. The company operates in three groups: Refining group, Retail group, and Wholesale group. The company has a P/E ratio of 8.1, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Western Refining as a buy. 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, revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Western Refining Ratings Report.

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