Western Refining
fortune 500 stock gainers western refining
Fortune 500 rank: 283
2012 sales: $9.5 bil
2012 total return: 134.2%

Thanks to cheaper oil in 2012, this U.S. refiner cashed in and made investors happy. Shares more than doubled amid a refining rally spurred by abundant oil in the U.S.

Western Refining owns refineries in Texas and New Mexico. In November, its stock rose to the highest in five years as oil produced in Midland, Texas, continued selling at a record discount to the U.S. benchmark. The refiner also gained from a boost in oil production in West Texas's Permian basin, which has helped push down crude prices in the region.

If prices remain low, investors may stay happy in 2013.


  @FortuneMagazine - Last updated May 17 2013 11:38 AM ET
Join the Conversation
Fortune 500

Wal-Mart retook the top spot, Berkshire Hathaway made the top five, and Apple grew enormously.

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.