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Oil refiner Frontier Oil Corp. on Thursday posted a third-quarter loss driven by continued weak demand and squeezed refining margins. Crude oil prices have climbed steadily since March, but gasoline prices haven't matched the pace, hurting margins for... <a
Vice President of Government Relations and Environmental Affairs Gerald Faudel says the refinery's costs have been exceeding its revenues for the past year. He says the Cheyenne plant refines an average of about 40,000 barrels of crude oil per day into gasoline and diesel fuels.
http://www.rdmag.com/News/FeedsAP/2009/10/energy-frontier-oil-lays-off-28-at-cheyenne-refinery/
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Nov 23, 2009 (Datamonitor via COMTEX) --
Frontier Oil, a crude oil refiner and wholesale marketer of refined petroleum products, has appointed Franklin Myers to its board of directors.
Mr Myers has most recently served as senior advisor for Cameron International and from 2003 to 2008 served as the senior vice president and CFO. From 1995 to 2003, he served at various times as senior vice president and president of a division within Cooper Cameron as well as general counsel and secretary.
Prior to joining Cooper Cameron in 1995, Mr Myers served as senior vice president and general counsel of Baker Hughes, and as attorney and partner at the law firm of Fulbright & Jaworski. Mr Myers currently serves on the board of directors of Ion Geophysical and Comfort Systems.
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Tags: crude oil oil petroleum products president wholesale
Companies: Cooper Cameron Corp. (CAM)
HOUSTON, Nov 19, 2009 (BUSINESS WIRE) --
Frontier Oil Corporation (NYSE: FTO) is pleased to announce the election of Franklin Myers to its Board of Directors. Mr. Myers has most recently served as Senior Advisor for Cameron International Corporation and from 2003 to 2008 served as the Senior Vice President and Chief Financial Officer. From 1995 to 2003, he served at various times as Senior Vice President and President of a division within Cooper Cameron Corporation as well as General Counsel and Secretary. Prior to joining Cooper Cameron Corporation in 1995, Mr. Myers served as Senior Vice President and General Counsel of Baker Hughes Incorporated, and as attorney and partner at the law firm of Fulbright & Jaworski. Mr. Myers currently serves on the Board of Directors of Ion Geophysical Incorporated and Comfort Systems Incorporated. He holds a Bachelor of Science in Industrial Engineering from Mississippi State University and a J.D. degree with honors from the University of Mississippi.
Frontier operates a 130,000 barrel-per-day refinery located in El Dorado, Kansas, and a 52,000 barrel-per-day refinery located in Cheyenne, Wyoming, and markets its refined products principally along the eastern slope of the Rocky Mountains and in other neighboring plains states.
This press release includes "forward-looking statements" as defined by the Securities and Exchange Commission. Such statements are those concerning strategic plans, expectations and objectives for future operations. All statements, other than statements of historical fact, included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made by the Company based on its experience and perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements.
SOURCE: Frontier Oil Corporation
Frontier Oil Corporation Kristine Boyd, 713-688-9600 x135
Tags: engineering industrial kansas mississippi nyse oil president products refinery science wyoming
Companies: Baker Hughes, Inc. (BHI), Cooper Cameron Corp. (CAM), Frontier Oil Corp. (FTO)
Nov 19, 2009 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend, our proprietary pattern recognition system, called a Downtrend for Frontier Oil (NYSE:FTO) on November 03, 2009 at $13.62.
Since then, Frontier Oil has returned 6.6% as of today's recent price of $12.72. Want to profit from these alerts?
Go to www.mysmartrend.com now for a FREE two-week trial.
Write to Chip Brian at cbrian@tradethetrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
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Tags: market nyse oil profit securities trial
Companies: Frontier Oil Corp. (FTO)
Nov 12, 2009 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend, our proprietary pattern recognition system, called a Downtrend for Frontier Oil (NYSE:FTO) on November 03, 2009 at $13.62.
Since then, Frontier Oil has returned 4% as of today's recent price of $13.07. Want to profit from these alerts?
Go to www.mysmartrend.com now for a FREE two-week trial.
Write to Chip Brian at cbrian@tradethetrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html
Tags: market nyse oil profit securities trial
Companies: Frontier Oil Corp. (FTO)
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http://www.frontieroil.com/en/cev/mon/index.asp?date=12/2/2008
Frontier Oil Corporation. The principal activities of the Group are crude oil refineries and wholesale marketing of refined petroleum products including various grades of gasoline, diesel fuel, jet fuel, asphalt, chemicals and petroleum coke.
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HOUSTON, Aug. 5, 2004 -- Cable Advertising has changed its name to Frontier Oil and Gas LTD. (Pink Sheets: FOGL) and has signed an agreement entering into a joint venture with Fowler Oil & Gas.
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Frontier Oil Corporation. The Group's principal activities are refining of crude oil and the wholesale marketing of refined petroleum products. Petroleum products include various ...
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