Crown Central Petroleum Corporation - CNP A- Profile

Crown Central Petroleum Corporation is a independent refiner and marketer of petroleum products in the United States. The company markets refined petroleum products and merchandise through a network of 336 gasoline stations and convenience stores located in the mid-atlantic and southeastern United States. The company owns and operates two high-conversion refineries with a combined capacity of 152000 barrels per day of crude oil. The company operates 13 product terminals located on three major product pipelines along the Gulf Coast and the eastern seaboard and in the Central United States. The Company operates two refineries, one located near Houston, Texas with a rated capacity of 100,000 barrels per day and another in Tyler, Texas with a rated capacity of 52,000 barrels per day of crude oil. Refinery operations accounted for 63% of 1999 revenues and retail marketing, 37%.