A N N U A L
F A C T
S H E E T
Tesoro
Annual
Company Profile
Tesoro Corporation, a Fortune 100 company, is an independent refiner and marketer of petroleum
products. Tesoro, through its subsidiaries, operates six refineries in the western United States with
a combined capacity of 850,000 barrels per day. Tesoro’s retail-marketing system includes over
2,200 retail stations, under the Exxon®, Mobil®, Shell®, ARCO®, Tesoro® and USA Gasoline™ brands.
REVENUES: in billions
2013 - $37.6
2012 - $29.8
2011 - $27.2
Anacortes Refinery
Los Angeles Refinery
Anacortes, Wash.
Crude oil capacity: 120,000 bpd
Products: California Air Resources Board
(“CARB”) and conventional gasoline,
diesel, jet fuel, heavy fuel oils, liquefied
petroleum gas
Feedstocks: Canada, Alaska,
North Dakota, foreign crudes
Carson and Wilmington, Calif.
Crude oil capacity: 363,000 bpd
Product slate: CARB and conventional
gasoline and diesel fuels , jet fuel,
heavy fuel oils, liquefied petroleum gas,
petroleum coke, calcined coke, electricity
Martinez Refinery
Mandan Refinery
Martinez, Calif.
Crude oil capacity: 166,000 bpd
Products: CARB and conventional
gasoline and diesel fuels, liquefied
petroleum gas, petroleum coke
Feedstocks: California,
foreign and domestic crudes
Mandan, N.D.
Crude oil capacity: 71,000 bpd
Products: Gasoline, diesel fuel, jet fuel,
heavy fuel oils, liquefied petroleum gas
Feedstocks: North Dakota
NET EARNINGS PER SHARE (DILUTED) :
Salt Lake City Refinery
2011 - $3.81
Salt Lake City, Utah
Crude oil capacity: 58,000 bpd
Products: Gasoline, diesel fuel, jet fuel,
heavy fuel oils, liquefied petroleum gas
Feedstocks: Colorado, Wyoming, Utah
TOTAL DEBT TO TOTAL CAPITALIZATION:
Kenai Refinery
Kenai, Alaska
Crude oil capacity: 72,000 bpd
Products: Gasoline and gasoline
blendstocks, jet fuel, diesel fuel heating oil,
heavy fuel oils, liquefied petroleum gas,
asphalt
Feedstocks: Alaska including the Alaska
Cook Inlet, foreign and domestic crudes
Feedstocks: Alaska, California, foreign
crudes
EBITDA (Earnings Before Interest, Income Taxes,
Depreciation and Amortization Expense): in millions
2013 - $1,318
2012 - $2,013
2011 - $1,520
2013 - $3.00
2012 - $5.25
2013 - 34%
2012 - 25%
2011 - 30%
CAPITAL EXPENDITURES:
in millions
2013 - $558
2012 - $542
2011 - $304
INVESTMENT DATA:
NYSE: TSO
Shares Outstanding: 131.8 million
Book Value/Share: $32.64 (excludes $1,183 mil -
CORPORATE HEADQUARTERS:
19100 Ridgewood Parkway
San Antonio, Texas 78259
(210) 626-6000
TURNAROUND AND OTHER MAINTENANCE
EXPENDITURES: in millions
Information as of 12/31/13
SENIOR MANAGEMENT TEAM:
Greg Goff
President and CEO
2013 - $381
CONTACTS:
MEDIA:
(210) 626-7702
[email protected]
Chuck Parrish
Executive Vice President
General Counsel and Secretary
INVESTOR RELATIONS:
Brian Randecker
Senior Director, Investor Relations
(210) 626-4757
[email protected]
Steven Sterin
Executive Vice President, CFO
lion of equity related to noncontrolling interest)
2012 - $241
2011 - $106
Rev. 11/06/14