Frontier Oil
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Frontier Oil | |
---|---|
Type | Public (NYSE: FTO) |
Founded | 1949 (as Wainoco Oil) |
Headquarters | Houston, Texas |
Key people | James R. Gibbs, CEO & Chairman |
Industry | Oil & Gas Refining & Marketing |
Products | Petrochemical |
Employees | 731 |
Website | www.frontieroil.com |
Frontier Oil NYSE: FTO, begun in 1949 as Wainoco Oil, is a U.S. energy company. Its headquarters are located in Houston, TX, and its subsidiary company, Frontier Refining & Marketing, Inc., is located in Denver, CO. Frontier's primary products are gasoline, diesel, and asphalt, and are marketed in the Rocky Mountain and Plains States.
Frontier Oil owns refineries in Cheyenne, WY and El Dorado, KS. The 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).[1][2]
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.[3]