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Tesoro diversifies portfolio with Western Refining acquisition

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17 November 2016

Tesoro diversifies portfolio with Western Refining acquisition

Report summary

On November 17, 2016, Tesoro announced it would buy Western Refining for an equity value of around $4.1B, with the total deal being valued at around $6.4B. The deal includes all of Western Refining's assets along with a stake in Western's logistics arm. The deal will increase Tesoro's capacity to 1.1 million barrels per day.

Table of contents

  • Tesoro diversifies portfolio with Western Refining acquisition

Tables and charts

This report includes 2 images and tables including:

  • Figure 1: Location of Tesoro and Western assets
  • Figure 2: Net Cash Margin for Western assets

What's included

This report contains:

  • Document

    Tesoro diversifies portfolio with Western Refining acquisition

    PDF 2.72 MB