79. Tesoro Corp.

Company Snapshot
Tesoro Corporation and its subsidiaries engage in refining and marketing petroleum products in the United States.

It operates in two segments, Refining and Retail.

The Refining segment manufactures and sells gasoline and gasoline blendstocks, jet fuel, diesel fuel, and heavy fuel oils to the commercial customers primarily in the midcontinental and the western United States.

This segment also markets liquefied petroleum gas, petroleum coke, and asphalt.

The Retail segment distributes motor fuels to wholesale and retail customers, as well as to commercial end-users through a network of gas stations primarily under the brand names 'Tesoro' and 'Mirastar'.

This segment sells gasoline and diesel fuel to retail customers through company-operated retail stations and branded jobber/dealers in the midcontinental and the western United States.

As of December 31, 2005, the Retail segment included a network of 478 retail stations, which comprised 210 company-operated retail gasoline stations and 268 jobber/dealer stations.

The company was founded in 1939.

It was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in 2004.

The company is headquartered in San Antonio, Texas.

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View the latest financial information on Business Week's Company Insight Center

Bruce A. Smith, 62
TITLES
Chairman of the Board, Chief Executive Officer, President and Chairman of Executive Committee
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