Western Refining Stock To Go Ex-dividend Tomorrow (WNR)

NEW YORK ( TheStreet) -- The ex-dividend date for Western Refining (NYSE: WNR) is tomorrow, July 25, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $23.37 as of 9:30 a.m. ET, the dividend yield is 1.4%.

The average volume for Western Refining has been 2.1 million shares per day over the past 30 days. Western Refining has a market cap of $2.13 billion and is part of the basic materials sector and energy industry. Shares are up 75.5% year to date as of the close of trading on Monday.

Western Refining, Inc. operates as an independent crude oil refiner and marketer of refined products. The company operates in three segments: Refining Group, Wholesale Group, and Retail Group. The company has a P/E ratio of 32.1, below the average energy industry P/E ratio of 39.7 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Western Refining as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and generally poor debt management. You can view the full Western Refining Ratings Report.

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