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Tesoro Logistics LP Company Profile
Tesoro Logistics was created to serve its parent. The company, a spinoff of oil refiner Tesoro Corporation, owns and operates crude oil gathering, transportation, and storage facilities in the US. Its trucks and 700 miles of Montana and North Dakota pipeline serve Tesoro's Mandan refinery while eight refined product terminals hold petroleum in California, Utah, Washington, Alaska, and North Dakota. Tesoro Logistics' primary storage facility, in Salt Lake City, holds nearly 880,000 barrels of crude and refined petroleum. Most of the company's revenue comes from Tesoro and is evenly split between the gathering segment and the transporting and storing segment. It went public in 2011.
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