Tesoro Corporation · San Antonio, TX United States ·(NYSE: TSO)
Company Description
Phone: 210-626-6000
Fax: 210-579-4574
Toll Free: 800-299-0570
Rankings
- #91 in FORTUNE 500
- S&P 500
View Tesoro Corporation Locations On A US Map
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This link will open in a new window Once a player in the exploration and production field, Tesoro Corporation (formerly Tesoro Petroleum) has been enjoying a more refined existence in recent years. The independent oil refiner and marketer operates seven US refineries -- in Alaska, California (two), Hawaii, North Dakota, Utah, and Washington -- with a combined capacity of 658,000 barrels per day. It produces gasoline, jet fuel, diesel fuel, fuel oil, liquid asphalt, and other fuel products. Tesoro markets fuel to 880 branded retail gas stations (including 290 company-owned stations under the Tesoro, Shell, Mirastar, and USA Gasoline brands), in Alaska, Hawaii, and 15 western states. To read the full description, subscribe now.
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Key Tesoro Corporation Financials
| Company Type | Public - NYSE: TSO Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $28,309.0 |
| 2008 Employees | 5,620 |
Tesoro Corporation Executives
38 executives listed for Tesoro Corporation's San Antonio, TX location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Bruce Smith | Network |
| EVP and COO | Everett Lewis | Network |
| EVP and CFO | Gregory Wright | Network |
Competition
Competitive Landscape for Tesoro 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 Tesoro Corporation Competitors
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