Western Refining, Inc. (WNR)

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>>> Analyzing Wednesday's Noteworthy Insider Trades
March 29, 2012



http://seekingalpha.com/article/466141-analyzing-wednesday-s-noteworthy-insider-trades?source=yahoo


>>> Western Refining Inc. (WNR): WNR refines and markets crude oil and refined products in West TX, AZ, NM, UT, CO and the mid-Atlantic region. On Wednesday, Chairman of the Board and 10% owner Paul Foster filed SEC Forms 4 indicating that he sold 200,000 shares in direct holdings and another 100,000 shares that he holds indirectly via Franklin Mountain Investments Ltd. Partnership, pursuant to a 10b5-1 trading plan, ending with 6.5 million shares in direct and another 17.8 million shares in indirect holdings in the company. In comparison, insiders sold 5 million shares in the past year. WNR shares trade at 7 forward P/E and 2.0 P/B compared to averages of 11.2 and 2.4 for its peers in the oil refining and marketing group. <<<