SUGAR LAND, TX — (Marketwire) — 08/05/11 — Researched by Industrial Info Resources (Sugar Land, Texas) — Independent and marketing company (NYSE:WNR) (El Paso, Texas) reported a jump in earnings in second-quarter 2011 that was spurred by stronger margins in the Refining segment, which were attributed to the price advantage of West Texas Intermediate (WTI), a crude oil commonly used as a pricing benchmark. Net operating income for the quarter was reported to be $202.44 million, compared with $71.5 million in second-quarter 2010.
The company–s refineries are located in El Paso, Texas, near Gallup, New Mexico, and Yorktown, Virginia, and have a combined crude oil throughput capacity of 235,000 barrels per day. For more information, visit Industrial Info–s .
For details, view the entire article by subscribing to Industrial Info–s Premium Industry News at , or browse other breaking industrial news stories at .
Industrial Info Resources (IIR) is the leading provider of global market intelligence, specializing in the industrial process, heavy manufacturing and energy markets. IIR–s quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what–s happening now, while constantly keeping track of future opportunities. For more information, send inquiries to or visit us online at .
Follow us on: – –
Contact:
Joe Govreau
713-783-5147