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Tesoro Corporation (TSO)

59.63 Down 0.38(0.63%) 2:20PM EDT - Nasdaq Real Time Price
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Tesoro Corporation
19100 Ridgewood Parkway
San Antonio, TX 78259
United States - Map
Phone: 210-626-6000

Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Refining & Marketing
Full Time Employees:7,000

Business Summary 

Tesoro Corporation, together with its subsidiaries, is engaged in refining and marketing petroleum products in the United States. It operates in two segments, Refining and Retail. The Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blend stocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, and asphalt. This segment also sells refined products in the wholesale market primarily through independent unbranded distributors; and in the bulk market primarily to independent unbranded distributors, other refining and marketing companies, utilities, railroads, airlines, marine, and industrial end-users in the western United States. It owns and operates 6 refineries with a combined crude oil capacity of approximately 850 thousand barrels per day. The Retail segment sells gasoline, diesel fuel, and convenience store items through company-operated retail stations, and third-party branded dealers and distributors in the western United States. As of July 21, 2014, it operated approximately 2,200 retail stations under the Tesoro, Shell, ARCO, Mobil, Exxon, and USA Gasoline brands. Tesoro Corporation was founded in 1939 and is headquartered in San Antonio, Texas.

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Corporate Governance 
Tesoro Corporation’s ISS Governance QuickScore as of Sep 1, 2014 is 3. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 4; Compensation: 4.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Gregory J. Goff , 57
Chief Exec. Officer, Pres and Director
Mr. Charles S. Parrish , 56
Exec. VP, Gen. Counsel and Sec.
Mr. Steven M. Sterin , 42
Chief Financial Officer, Exec. VP and Director
Mr. Keith M. Casey , 47
Exec. VP of Operations
Mr. Arlen O. Glenewinkel Jr., 57
Principal Accounting Officer, VP and Controller
Amounts are as of Dec 31, 2013 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.
Currency in USD.
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