Frontier Oil

Frontier Oil was an energy company, originally based in Canada, that moved to the United States. Its headquarters were located in Houston, TX,[1] and its subsidiary company, Frontier Refining & Marketing, Inc., is located in Denver, Colorado. Frontier's primary products were gasoline, diesel, and asphalt, and were marketed in the Rocky Mountain and Plains States.

Frontier Oil
Public
Traded asNYSE: FTO
IndustryOil & Gas Refining & Marketing
Founded1949 (as Wainoco Oil)
HeadquartersHouston, Texas
Key people
Mike Jennings, CEO & Chairman
ProductsPetrochemical
Number of employees
731
Websitewww.frontieroil.com

Frontier Oil owned refineries in Cheyenne, Wyoming and El Dorado, Kansas. Its Cheyenne refinery has a capacity of 52,000 barrels per day (8,300 m3/d) (bpd) and the El Dorado Refinery has a capacity of 110,000 bbl/d (17,000 m3/d).[2][3]

Frontier merged with Holly Corporation in 2011 to form HollyFrontier Corporation.

History

The company was incorporated in Ontario in 1949 as Wainwright Refineries Limited, changing its names to Wainwright Producers & Refiners Limited in 1953, to Wainoco Oil and Chemicals Ltd. in 1966, and to Wainoco Oil Ltd. in 1971.[4] In 1976 it became Wainoco Oil Corporation on its move to Wyoming in the United States.[4] It changed its name to Frontier Oil in 1996.[4]

On November 7, 2007, Frontier announced that the third quarter of 2007 had been the most profitable in the company's history. They reported a total income of US$137,200,000 for the quarter, and $432,700,000 for the year to that point.[5]

Frontier merged with Holly Corporation effective as of July 1, 2011 to form HollyFrontier Corporation.[6][7][8]

gollark: ***wine*** ***dual-boot*** ***VM***
gollark: I'm an accurate representative for all of them in terms of OS choice, clearly.
gollark: Oh, yes, presumably with android and stuff the numbers are crazily high for linux.
gollark: I've surveyed myself. 100% of mes use Linux. Clearly, as I am a sample of the population, ***100%*** of people use Linux!
gollark: It's 70% within the ridiculously unrepresentative TmpimsyndicateTmpim.

See also

References
  1. "Contact Archived 2009-11-28 at the Wayback Machine." Frontier Oil. Retrieved on December 8, 2009.
  2. General Information - Frontier El Dorado Refining Company Archived 2001-10-26 at the Wayback Machine
  3. El Dorado Kansas - Frontier Refining, Inc. - Frontier Oil Corporation, Staff, Offices Archived 2007-09-04 at the Wayback Machine
  4. "Company Detail: Wainoco Oil Corporation". Canadian Corporate Reports, McGill University. Retrieved January 4, 2018.
  5. Press Release - Frontier Oil Corporation
  6. SEC EDGAR Filing defm14a Frontier Proxy Statement - May 23, 2011
  7. Forbes. "Holly-Frontier Refining Merger: It Sure Took Long Enough." February 22, 2011. Accessed July 1, 2011.
  8. Official Press Release. "HollyFrontier Corporation completes merger" July 1, 2011 Archived 2011-07-20 at the Wayback Machine
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.