 | |
| Industry | Oil and gas |
|---|---|
| Predecessor | Western Refining |
| Founded | 1968 |
| Founder | Robert V. West Jr.  |
| Defunct | October 1, 2018 |
| Fate | Acquired by Marathon Petroleum |
| Successor | Marathon Petroleum |
| Headquarters | , |
Number of locations | 10 oil refineries,[1] 3,000 branded retail gas stations[2] |
Area served | Central, Western U.S, Western México |
| Products | Petroleum products, natural gas and fuel |
| Revenue |  US$34.975 billion (2017) |
| US$1.525 billion (2017) | |
| US$1.528 billion (2017) | |
| Total assets | US$28.573 billion (2017) |
| Total equity | US$9.815 billion (2017) |
Number of employees | 14,300 (2017) |
| Footnotes / references [3] | |
Tesoro Corporation, known briefly as Andeavor, was a Fortune 100[4] and a Fortune Global 500 company headquartered in San Antonio, Texas, with 2017 annual revenues of $35 billion, and over 14,000 employees worldwide. Based on 2017 revenue, the company ranked No. 90 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.[5]
Tesoro was an independent refiner and marketer of petroleum products, operating ten refineries in the Western United States with a combined rated crude oil capacity of approximately 1,200,000 barrels (190,000 m3) per day. Tesoro's retail-marketing system included approx. 3,000 branded retail gas stations, of which more than 595 were company-operated under its own Tesoro brandname, as well as Shell, ExxonMobil, ARCO, and USA Gasoline brands.
Tesoro, known at the time as Andeavor, was acquired by Marathon Petroleum on October 1, 2018.
- ^ "Andeavor Corporation (ANDV)". Andeavor Corporation. Archived from the original on 2017-09-11. Retrieved 2017-08-31.
- ^ "Andeavor Corporation (ANDV)". Andeavor Corporation. Archived from the original on 2019-07-10. Retrieved 2017-08-31.
- ^ "Andeavor 2017 Annual Report Form (10-K)". U.S. Securities and Exchange Commission. February 21, 2018. Retrieved October 3, 2018.
- ^ "Fortune 100". 24 October 2010. Retrieved 30 April 2018.
- ^ "Fortune 500 Companies 2018: Who Made the List". Fortune. Retrieved 2018-11-10.