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Western Refining Announces Dividend Increase; Declares $0.30 Per Share for Fourth Quarter 2014

EL PASO, Texas, Oct. 14, 2014 (GLOBE NEWSWIRE) -- Western Refining, Inc. (NYSE:WNR) today announced its Board of Directors approved a $0.30 per share dividend for the fourth quarter of 2014, a 15% increase from the $0.26 per share dividend paid in the third quarter of 2014. The dividend will be paid on November 13, 2014, to shareholders of record at the close of market on October 29, 2014.

About Western Refining

Western Refining, Inc. is an independent refining and marketing company headquartered in El Paso, Texas. The refining segment operates refineries in El Paso, and Gallup, New Mexico. The wholesale segment includes a fleet of crude oil and finished product truck transports, and wholesale petroleum products operations in Arizona, California, Colorado, Georgia, Maryland, Nevada, New Mexico, Texas, and Virginia. The retail segment includes retail service stations and convenience stores in Arizona, Colorado, New Mexico, and Texas.

Western Refining, Inc. also owns the general partner and approximately 65% of the limited partnership interest in Western Refining Logistics, LP (NYSE:WNRL) and the general partner and approximately 39% of the limited partnership interest in Northern Tier Energy LP (NYSE:NTI).

More information about Western Refining is available at www.wnr.com.

CONTACT: Investor and Analyst Contact: Jeffrey S. Beyersdorfer (602) 286-1530 Media Contact: Gary Hanson (602) 286-1777 Michelle Clemente (602) 286-1533

Source:Western Refining, Inc.