Western Refining Logistics LP (NYSE: WNRL) is paying $360 million for the southwest wholesale business of Western Refining Inc. (NYSE: WNR).

The business includes fuel sales of about 79,000 barrels per day, crude oil trucking operations and a lubricant products distribution business. Western Refining Logistics expects the unit to have about $40 million in Ebitda for 2015. The purchase price works out to $320 million in cash and 1.16 million common units.

After the deal closes, Western Refining Logistics and Western Refining plan to enter into a 10-year fuel supply and crude oil trucking agreement. The deal was announced late Sept. 25.

Vinson & Elkins provided legal advice to Western Refining on the deal. 

Other recent energy transactions include Primoris Services Corp.'s (Nasdaq: PRIM) September deal for Ram-Fab LLC, which makes piping systems for the oil and gas industry, and Radiant Oil & Gas Inc.'s acquisition of an oil and gas project in Louisiana. 

Though deal flow in the energy sector has been active in the past few years, dealmakers are expecting the industry to lag behind some other very active sectors, such as health care and manufacturing. For more, see Expansion in Energy M&A Lags Overall Market and Other High Growth Sectors.