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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Western Refining (NYSE: WNR) is tomorrow, April 19, 2013. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $30.25 as of 9:31 a.m. ET, the dividend yield is 1.6%.

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 $2.68 billion and is part of the basic materials sector and energy industry. Shares are up 6.4% year to date as of the close of trading on Wednesday.

Western Refining, Inc. operates as an independent crude oil refiner and marketer of refined products. It operates in three segments: Refining, Wholesale, and Retail. The company has a P/E ratio of 8.2, below the S&P 500 P/E ratio of 17.7.

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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, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Western Refining Ratings Report.

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