Friday, March 20, 2015

Tesoro Corporation: Refiner and Marketer of Crude Oil


Considered as one of the largest oil and gas companies in the United States, Tesoro Corporation is a Fortune Global 500 company that is listed as a component of the S&P 500 and the Russell 3000 Indices. The business is publicly traded on the New York Stock Exchange (TSO) and holds its headquarters in San Antonio, Texas.

Tesoro Corporation is also known as Tesoro Petroleum or simply Tesoro. The business is a refiner and marketer of petroleum products. On a daily basis, they are able to process up to 845,000 barrels of crude oil. They have 6 refineries that are sitused in the Western region of the United States. Their refined products are then marketed through their retail system, which includes over 2,200 branded retail gas stations.

Tesoro continues to thrive in the oil and gas industry and generates an annualized revenue of more than $37.6 billion. Currently, the company has more than 5,700 employees.

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