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Tesoro Corporation (TSO)

On Feb 9: 12.00 USD   0.00 (0.00%)  
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Tesoro Corporation
300 Concord Plaza Drive
San Antonio, TX 78216-6999
Phone: 210-828-8484
Fax: 210-828-8600
Web Site: http://www.tsocorp.com

DETAILS
Index Membership: S&P 500
S&P 1500 Super Comp
Sector: Basic Materials
Industry: Oil & Gas Refining & Marketing
Employees (last reported count): 3,950

BUSINESS SUMMARY
Tesoro Corporation and its subsidiaries engage in refining and marketing petroleum products in the United States. It operates in two segments, Refining and Retail. The Refining segment manufactures and sells gasoline and gasoline blendstocks, jet fuel, diesel fuel, and heavy fuel oils to the commercial customers primarily in the western and mid-continental United States. This segment also manufactures liquefied petroleum gas, petroleum coke, and asphalt. The Retail segment distributes motor fuels to wholesale and retail customers, as well as to commercial end-users through a network of gas stations. This segment sells gasoline and diesel fuel to retail customers through company-operated retail stations and branded jobber/dealers in the midcontinental and the western United States. As of August 17, 2007, the company operated seven refineries in the western United States with a combined capacity of approximately 660,000 barrels per day. Its retail-marketing system included approximately 880 branded retail stations, of which approximately 450 were company operated retail stations under the Tesoro, Shell, Mirastar, and USA brands. The company was founded in 1939. It was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in 2004. Tesoro Corporation is based in San Antonio, Texas.
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    OFFICERS
      Pay Exercised
    Mr. Bruce A. Smith , 64
    Chairman, Chief Exec. Officer and Pres
    $ 3.37M $ 9.19M
    Mr. William J. Finnerty , 59
    Chief Operating Officer and Exec. VP
    N/A N/A
    Mr. J. William Haywood , 55
    Sr. VP of Refining and Pres of the California Region of Tesoro Refining & Marketing Company
    N/A N/A
    Mr. Gregory A. Wright , 58
    Chief Admin. Officer and Exec. VP
    $ 1.38M $ 9.89M
    Mr. Everett D. Lewis , 60
    Exec. VP of Strategy and Asset Management
    N/A N/A
    Dollar amounts are as of 31-Dec-06 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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