Frontier Oil
TypePublic
NYSE: FTO
IndustryOil & Gas Refining & Marketing
Founded1949 (as Wainoco Oil)
Defunct2012
Fatemerged with Holly Corporation to HollyFrontier Corporation
HeadquartersHouston, Texas
Key people
Mike Jennings, CEO & Chairman
ProductsPetrochemical
Number of employees
731
Websitewww.frontieroil.com

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 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]

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. 1 2 3 "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.