Tesoro Petroleum Corporation - TSO- Profile

Tesoro Corporation. The Group's principal activity is to refine and market petroleum products and provide marine logistics services. It operates through two segments namely: Refining and Retail. The Refining segment manufactures gasoline and gasoline blendstocks, jet fuel, diesel fuel, heavy fuel oils for sale in the mid-continental and western United States. It also sells petroleum products to unbranded marketers and occasionally exports products to other markets in the Asia/ Pacific area. The Retail segment operates under the Tesoro(R), Mirastar(R) and 2-Go Tesoro(R) brands. Company-operated stations included 39 in Utah, 33 in Hawaii, 29 in Alaska, 26 in Washington and 67 in other western and mid-continental states at 31-Dec-2006. Refining accounted for 94% of 2005 gross revenues and Retail, 6%