Frontier Oil Corporation · Houston, TX United States ·(NYSE: FTO)
Company Description
Phone: 713-688-9600
Fax: 713-688-0616
Rankings
- #383 in FORTUNE 500
- S&P 400
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Frontier Oil's marketing territory covers the old frontier of the Rocky Mountains and the Great Plains. The company refines crude oil and markets petroleum products. Frontier's Cheyenne, Wyoming, refinery can handle 52,000 barrels of heavy crude oil per day, and it processes 130,000 barrels of oil per day at its refinery in El Dorado, Kansas. Both refineries, which produce diesel, gasoline, and other petroleum products, have the advantage of being able to refine heavier, sulfur rich, less expensive forms of crude. They also produce asphalt. The firm also owns Ethanol Management Company, which operates a terminal and blending plant near Denver that processes about 25,000 barrels of petroleum products a day. To read the full description, subscribe now.
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Key Frontier Oil Corporation Financials
| Company Type | Public - NYSE: FTO Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $6,498.8 |
| 2008 Employees | 860 |
Frontier Oil Corporation Executives
17 executives listed for Frontier Oil Corporation's Houston, TX location.
| Title | Name & Bio | Contact |
| Chairman | James Gibbs | Network |
| President, CEO, and Director | Michael Jennings | Network |
| EVP and CFO | Douglas Aron | Network |
Competition
Competitive Landscape for Frontier Oil Corporation
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Frontier Oil Corporation Competitors
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