TEMPE, Ariz., Nov. 18, 2015 (GLOBE NEWSWIRE) -- Northern Tier Energy LP (NYSE:NTI) (“Northern Tier”) held its Second Annual Veterans Day luncheon at Tinucci’s in Newport, Minnesota. Representatives from the St. Paul Park Refinery, SuperMom’s Bakery, and SuperAmerica gathered to celebrate employees who are veterans or military personnel. Dan Bigham, a 41-year employee of the St. Paul Park Refinery, was named Northern Tier Veteran of the Year. Bigham, a Cottage Grove resident, is a Navy veteran who was assigned to the aircraft carrier USS Independence from 1969-1973.
“Honoring and recognizing our veterans is something we are very proud of at Northern Tier,” said Jack Helmick, President of SuperAmerica. As a Yellow Ribbon Company, Northern Tier supports its active military and veteran employees and their families.
About Northern Tier
Northern Tier Energy LP (NYSE:NTI) is an independent downstream energy company with refining, retail and logistics operations that serves the PADD II region of the United States. Northern Tier operates a 97,800 barrels per stream day refinery located in St. Paul Park, Minnesota. Northern Tier also operates approximately 165 convenience stores and supports approximately 102 franchised convenience stores, primarily in Minnesota and Wisconsin, under the SuperAmerica trademark, and a bakery and commissary under the SuperMom's brand. Northern Tier is headquartered in Tempe, Arizona.
Hedging programs that E&Ps have in place in 2016 vary considerably. The chart below shows the range of oil and gas production for several E&Ps covered by hedging contracts. Pioneer Natural Resources (ticker: PXD) and Cimarex Energy (ticker: XEC) have hedged the largest portions of their remaining production at 85/75 and 80/90 percent, respectively, for oil and gas. This chart[Read More…]
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