Event-Driven Stocks

Western Refining, Inc.

Energy · Petroleum Refining · DE · SEC filings ↗ · Compare ⊕

Signs2 gooddetails ↓

Financials

SEC XBRL · annual
 FY16FY15FY14FY13FY12FY11
Revenue$0$0$0$0
Operating income$78.2M$256.0M$1.10B$571.9M$711.9M$60.1M
Net income$30.5M$106.0M$559.9M$276.0M$398.9M$12.2M
Total assets$5.56B$5.83B$5.64B$5.48B$2.48B$2.57B
Total liabilities$2.89B$2.85B
Equity$1.70B$1.30B$1.12B$894.1M$909.1M$819.8M
EPS (diluted)$0.33$1.11$5.61$2.79$3.71$0.13
Shares out.91.2M95.5M79.7M87.6M90.8M109.8M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2016
Operating margin
Net margin
Return on equity
1.8%
Return on assets
0.5%
Return on capital (ROCE)
1.7%
Liabilities / assets
Debt / equity
Book value / share
$18.60
Revenue growth (YoY)
Net income growth (YoY)
−71.2%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2016
Accruals / assets
6.4%clean
Piotroski F-Score
4/6mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
67
/ 100
Profitability 100Growth 0Catalyst 33Earnings quality 100Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

2 good
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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