Oil, Gas and Consumable Fuels
Company Overview of Wynnewood Refining Company, LLC
Wynnewood Refining Company, LLC produces and supplies gasoline, propane, propylene, butane, fuel oils, and solvents. It focuses on offering gasoline, diesel fuel, military jet fuel, solvents, and asphalt; and JP-8 and JP-5 jet fuel, asphalt, LPG, and solvents to customers in Oklahoma and the mid-continent area. The company was founded in 1994 and is based in Wynnewood, Oklahoma. As of December 31, 1995, Wynnewood Refining Company, LLC operates as a subsidiary of Gary-Williams Energy Corporation.
906 South Powell Avenue
Wynnewood, OK 73098
Founded in 1994
Key Executives for Wynnewood Refining Company, LLC
Wynnewood Refining Company, LLC does not have any Key Executives recorded.
Wynnewood Refining Company, LLC Key Developments
Wynnewood Refining Company, LLC Reports Unaudited Earnings and Operating Results for the First Quarter Ended March 31, 2013
May 2 13
Wynnewood Refining Company, LLC reported unaudited earnings and operating results for the first quarter ended March 31, 2013. For the quarter, the company reported net sales of $780.4 million compared to $766.0 million reported a year ago. The company reported first quarter 2013 gross profit of $126.9 million compared to $70.9 million of gross profit for the first quarter of 2012.
First quarter 2013 crude oil throughput totaled 71,177 bpd compared to 58,255 bpd in the first quarter of 2012. Total refining production (excluding internally produced fuel) was 71,835 bpd compared to 59,663 bpd reported a year ago. Total throughput was 73,381 bpd compared to 61,615 bpd reported a year ago.
CVR Energy, Inc. Enters into an Amended and Restated ABL Credit Agreement
Dec 27 12
On December 20, 2012, Coffeyville Resources LLC, CVR Refining, LP, CVR Refining LLC, Coffeyville Resources Refining & Marketing, LLC, Coffeyville Resources Pipeline, LLC, Coffeyville Resources Crude Transportation, LLC, Coffeyville Resources Terminal, Llc, Wynnewood Energy Company, LLC, Wynnewood Refining Company, LLC and certain of their affiliates entered into the Amended and Restated ABL Credit Facility with a group of lenders and Wells Fargo Bank, National Association, as administrative agent and collateral agent. The Amended and Restated ABL Credit Facility is a senior secured asset based revolving credit facility in an aggregate principal amount of up to $400.0 million with an incremental facility, which permits an increase in borrowings of up to $200.0 million in the aggregate subject to additional lender commitments and certain other conditions. The proceeds of the loans may be used for capital expenditures and working capital and general corporate purposes of the Credit Parties and their subsidiaries. The Amended and Restated ABL Credit Facility provides for loans and letters of credit in an amount up to the aggregate availability under the facility, subject to meeting certain borrowing base conditions, with sub-limits of 10% of the total facility commitment for swingline loans and 90% of the total facility commitment for letters of credit.
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