Sponsored Links

Western Refining profit dragged down by higher crude costs

Thu Aug 1, 2013 6:07am EDT

Aug 1 (Reuters) - U.S. oil refiner Western Refining Inc reported a 37 percent fall in second-quarter net profit as high crude costs weighed on refining margins.

Net profit fell to $149.3 million, or $1.46 per diluted share, from $238.5 million, or $2.19 per share, a year earlier.

Sales fell nearly 2 percent to $2.43 billion.

 
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (0)
Be the first to comment on reuters.com.
Add yours using the box above.