UP!
|
Type
|
Public |
|---|---|
| Traded as | NYSE: NTI |
| Industry | Oil and gas |
| Fate | merged/dissolved with Western Refining |
| Founded | 2010 |
| Headquarters | Tempe, Arizona |
|
Key people
|
David L. Lamp, President and CEO |
| Products | Gasoline and other petrochemicals |
| Revenue |  US$ 5.56 billion (2014) |
|
Operating income
|
US$ 0275.3 million (2014) |
|
Net income
|
US$ 0241.6 million (2014) |
| Total assets | US$ 1.180 billion (2014) |
|
Number of employees
|
2,950 (Dec 2014) |
| Website | www |
Northern Tier Energy LP was an American downstream energy limited partnership. In addition to owning the SuperAmerica gas station and convenience store chain, it also owned an oil refinery in St. Paul Park, Minnesota and an interest in a pipeline. In 2014 it ranked 525 on the Fortune 1000.
The company was created in 2010 when TPG Capital and Acon Investments acquired $554 million worth of assets from Marathon. Western Refining acquired a controlling interest in the company in 2013 for $775 million. By 2015, Western's ownership stake was 38% and it proposed in October to acquire the remainder of the company; it decided to dissolve Northern Tier early by buying all the shares and pay $860 million to close the deal on June 23, 2016.
| 2016-06-12 | Reiterated Rating | JPMorgan Chase & Co. | Hold | |
| 2016-06-10 | Lower Price Target | JPMorgan Chase & Co. | Neutral | $14.00 to $13.00 |
| 2016-04-11 | Reiterated Rating | Barclays | Sell | |
| 2016-04-11 | Downgrade | Credit Suisse | Outperform to Neutral | $30.00 to $24.00 |
| 2016-04-11 | Reiterated Rating | Barclays PLC | Sell | |
| 2016-04-11 | Downgrade | Credit Suisse Group AG | Outperform to Neutral | $30.00 to $24.00 |
| 2016-04-08 | Lower Price Target | Barclays | $25.00 to $23.00 | |
| 2016-02-29 | Downgrade | Barclays | Overweight to Underweight | $31.00 to $25.00 |
| 2016-01-12 | Lower Price Target | Barclays | Overweight | $34.00 to $31.00 |
| 2015-12-29 | Downgrade | RBC Capital | Hold | |
| 2015-12-29 | Downgrade | Royal Bank Of Canada | Hold | |
| 2015-12-23 | Downgrade | RBC Capital | Outperform to Sector Perform | $29.00 to $26.00 |
| 2015-12-15 | Upgrade | JPMorgan Chase & Co. | Underweight to Neutral | $26.00 |
| 2015-12-02 | Lower Price Target | Credit Suisse | Outperform | $34.00 to $30.00 |
| 2015-10-21 | Downgrade | Citigroup Inc. | Buy to Neutral | |
| 2015-10-12 | Reiterated Rating | Barclays | Buy | |
| 2015-09-23 | Lower Price Target | Credit Suisse | Outperform | $36.00 to $34.00 |
| 2015-09-11 | Initiated Coverage | JPMorgan Chase & Co. | Neutral to Underweight | $23.00 |
| 2015-07-24 | Initiated Coverage | Macquarie | Neutral | $24.00 |
| 2015-07-09 | Initiated Coverage | RBC Capital | Outperform | $30.00 |
| 2015-07-08 | Reiterated Rating | Barclays | Buy | |
| 2015-07-07 | Lower Price Target | Barclays | Overweight | $34.00 to $32.00 |
| 2015-06-19 | Reiterated Rating | Cowen and Company | Market Perform | |
| 2015-04-28 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $24.00 to $27.00 |
| 2014-12-04 | Initiated Coverage | Tudor Pickering | Hold | |
| 2014-11-18 | Initiated Coverage | Goldman Sachs | Neutral | |
| 2014-11-18 | Initiated Coverage | Goldman Sachs Group Inc. | Neutral | |
| 2014-11-05 | Reiterated Rating | Credit Suisse | Outperform | $28.00 to $31.00 |
| 2014-10-08 | Reiterated Rating | Citigroup Inc. | Buy | $28.00 to $30.00 |
| 2014-08-06 | Lower Price Target | Barclays | $37.00 to $34.00 | |
| 2014-07-31 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $29.00 to $27.00 |
| 2014-07-10 | Downgrade | Macquarie | Outperform to Neutral | |
| 2014-05-06 | Reiterated Rating | JPMorgan Chase & Co. | Hold | $25.00 to $29.00 |
| 2014-03-06 | Initiated Coverage | Barclays | Overweight | $22.00 to $37.00 |
| 2013-12-16 | Boost Price Target | Goldman Sachs | $29.00 to $35.00 | |
| 2013-12-03 | Reiterated Rating | Bank of America | Positive | |
| 2013-11-14 | Upgrade | Macquarie | Neutral to Outperform | $21.00 to $37.00 |
| 2013-10-04 | Upgrade | Credit Suisse | Neutral to Outperform | $28.00 to $29.00 |
| 2013-09-24 | Reiterated Rating | JPMorgan Chase & Co. | Hold | $21.00 |
| 2013-09-24 | Lower Price Target | Barclays | Equal Weight | $26.00 to $22.00 |
| 2016-06-12 | Reiterated Rating | JPMorgan Chase & Co. | Hold | |
| 2016-06-10 | Lower Price Target | JPMorgan Chase & Co. | Neutral | $14.00 to $13.00 |
| 2016-04-11 | Reiterated Rating | Barclays | Sell | |
| 2016-04-11 | Downgrade | Credit Suisse | Outperform to Neutral | $30.00 to $24.00 |
| 2016-04-11 | Reiterated Rating | Barclays PLC | Sell |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In NTI 3 funds of 2213 total. Show all
| Fund name | Ticker shares |
|---|---|
| Quality Growth Management, Inc. | 0.17M |
| GRUBER & MCBAINE CAPITAL MANAGEMENT LLC | 69600 |
| Pinnacle Summer Investments, Inc. | 850 |
| Name Relationship | Total Shares | Holding stocks |
|---|---|---|
| Western Refining, Inc. | 100.25% (92947533) | NTI / WNR / WNRL / |
| NT InterHoldCo LLC | 100.25% (92947533) | NTI / |
| TPG Group Holdings (SBS) Advisors, Inc. | 65.71% (60922500) | AERI / ALDR / CDNA / CZR / EPRS / FSL / GPK / IMS / LPLA / MGNX / NCLH / NTI / OTIC / PKY / Q / ROKA / SABR / SCAI / SUP / TIPT / TMHC / TNDM / VCYT / ZMH / |
| Kuchta Hank President, COO & Director | 0.07% (63999) | NTI / |
| Kuchta Chet Chief Operating Officer | 0.06% (55338) | NTI / |
| Bonczek David VP and Chief Financial Officer | 0.05% (45817) | NTI / |
| Mullins Greg See remarks | 0.02% (19866) | NTI / |
| Rodriguez Mario E. CEO and Director | 0.01% (4900) | NTI / |
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