Western Refining Inc. (WNR): Today's Most Compelling Stock Buy

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SoTM Bull's Eye Report - Today's Most Compelling Buy
Monday, March 18, 2013

At StateoftheMarkets.com, we strive to "own the best and ignore the rest" in our equity portfolios. Toward this end, each day we search our database for a "top stock" (a top rated company in terms of earnings strength as well as company and industry performance) that presents a strong technical "set up" and a good entry point.

In short, when our equity team is looking to add a stock to one of our portfolios, the "bull's eye" stock shown below is generally their first choice.



Company


Symbol


Industry

Stock
Rating

YTD
% Gain
S.T.
Stop
Loss
Western Refining Inc WNR Oil & Gas Refining & Marketing 5.9 +21.84% $33.76

Why We Like The Stock:

Western Refining Inc (WNR) is our most compelling buy today due to the fact that it is a top rated stock (in terms of earnings strength and company/industry performance) in one of the top-performing sub-industries of 2013, Oil & Gas Refining & Marketing. Along with its competitors Valero (VLO), HollyFrontier Corp (HFC), and Tesoro Corp (TSO), WNR has been blasting higher this year. Though the stock is already up 21.84% so far, its immediate upside to $39.40 is +10.15% higher than current prices, and should it continue to trend higher, WNR has quite a bit of room to run on a weekly basis. Currently, the stock has pulled back and looks to be at a good entry point while still maintining higher highs and higher lows in its intermediate-term uptrend. We like the Refining & Marketing stocks here, WNR in particular.
We Would Be Buyers:

At the current price (~$35.70).

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Company Profile:

Western Refining, Inc. (WNR) is an independent crude oil refiner and marketer of refined products and also operates service stations and convenience stores. WNR operates in three business segments: the refining group, the wholesale group, and the retail group. The Company owns and operates two refineries with a total crude oil throughput capacity of approximately 151,000 barrels per day. In addition to its 128,000 barrels per day refinery in El Paso, Texas, WNR also owns and operates 23,000 barrels per day refinery near Gallup, New Mexico. On December 29, 2011, the Company completed the sale of its Yorktown refining and terminal assets. Its primary operating areas encompass West Texas, Arizona, New Mexico, Utah, Colorado, and the Mid-Atlantic region. In addition to the refineries, it also owns and operates stand-alone refined product distribution terminals in Albuquerque, New Mexico, and Bloomfield, as well as asphalt terminals in Phoenix and Tucson, Arizona; Albuquerque, and El Paso.

Stock Rating:

The Stock Rating indicates the combined score of our proprietary Earning Strength and Company Performance models. The rating scale is 0 - 10 with 10 being the highest.

Disclosure:

At the time of publication the editor and affiliated companies own the following positions: None

Note: Positions may be bought or sold while this publication is in circulation without notice.

  Western Refining Inc - Last 3 Months

  Western Refining Inc - Last 12 Months

  Western Refining Inc - Last 5 Years

 

 

The analysis and information in this report and on our website is for informational purposes only. No part of the material presented in this report or on our websites is intended as an investment recommendation or investment advice. Neither the information nor any opinion expressed nor any Portfolio constitutes a solicitation to purchase or sell securities or any investment program. The opinions and forecasts expressed are those of the editors of StateoftheMarkets.com and may not actually come to pass. The opinions and viewpoints regarding the future of the markets should not be construed as recommendations of any specific security nor specific investment advice. Stocks should always consult an investment professional before making any investment.

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The analysis provided is based on both technical and fundamental research and is provided 'as is' without warranty of any kind, either expressed or implied. Although the information contained is derived from sources which are believed to be reliable, they cannot be guaranteed.

The information contained in our websites and StateoftheMarkets.com publications is provided by Ridge Publishing Co. Inc. (Ridge). One of the principals of Ridge, Mr. David Moenning, is also President and majority shareholder of Heritage Capital Management, Inc. (HCM) a Chicago-based money management firm. HCM is registered as an investment adviser. HCM also serves as a sub-advisor to other investment advisory firms. Ridge is a publisher and has not registered as an investment adviser. Neither HCM nor Ridge is registered as a broker-dealer.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Commodities , US Markets

Referenced Stocks: HFC , TSO , VLO , WNR

David Moenning


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