Frontier Oil
| Company type | Public (formerly) |
|---|---|
| Industry | Energy |
| Predecessor | Wainwright Refineries Limited |
| Founded | 1949 in Ontario, Canada |
| Defunct | July 1, 2011 |
| Fate | Merged with Holly Corporation to form HollyFrontier Corporation |
| Successor | HollyFrontier Corporation |
| Headquarters | Houston, Texas , United States |
Area served | Rocky Mountain region and Plains States, United States |
| Products | Gasoline, diesel fuel, asphalt |
Frontier Oil was an energy enterprise initially headquartered in Canada before moving its main offices to Houston, TX. Its subsidiary, Frontier Refining & Marketing, Inc., was based in Denver, Colorado. The company focused on producing and distributing gasoline, diesel fuel, and asphalt primarily throughout the Rocky Mountain region and the Plains States.
The firm operated refining facilities located in Cheyenne, Wyoming and El Dorado, Kansas, with processing capacities of and , respectively.
In 2011, Frontier combined with Holly Corporation through a merger that resulted in the establishment of HollyFrontier Corporation.
History
Originating in Ontario in 1949 under the name Wainwright Refineries Limited, the organization experienced multiple rebrandings: to Wainwright Producers & Refiners Limited in 1953, then Wainoco Oil and Chemicals Ltd. in 1966, followed by Wainoco Oil Ltd. in 1971. After relocating to Wyoming in 1976, it became Wainoco Oil Corporation, and later rebranded as Frontier Oil in 1996.
On November 7, 2007, Frontier announced its highest quarterly earnings to date, reporting a net income of US$137.2 million for the third quarter and $432.7 million for the year so far.
The merger finalized on July 1, 2011 with Holly Corporation combined their refining and marketing operations to form HollyFrontier Corporation, enhancing their competitive position in the market.
See also
External links
- Companies formerly listed on the New York Stock Exchange
- Automotive fuel retailers
- Defunct oil companies of the United States
- Energy companies established in 1949
- Companies based in Houston
- Cheyenne, Wyoming
- Butler County, Kansas
- Non-renewable resource companies established in 1949
- 1949 establishments in Ontario
- Non-renewable resource companies disestablished in 2011
- Energy companies disestablished in 2011
- 2011 mergers and acquisitions
- Canadian companies established in 1949