Entering text into the input field will update the search result below

Tesoro to buy Flint Hills Resources' Alaska marketing, logistics assets

Nov. 23, 2015 5:22 PM ETAndeavor (ANDV) StockANDVBy: Carl Surran, SA News Editor1 Comment
  • Tesoro (TSO) agrees to acquire Flint Hills Resources' wholesale marketing and logistics assets, in Anchorage and Fairbanks, Alaska, for an undisclosed sum.
  • TSO says the deal includes all FHR wholesale fuel marketing contracts in Alaska, an Anchorage terminal with 580K barrels of total in-service storage capacity, a Fairbanks airport terminal that includes 22.5K barrels of in-service jet fuel storage, and a multi-year agreement at FHR`s North Pole terminal.
  • TSO also says the deal will improve its ability to serve customers from its existing Anchorage terminal and extends its ability to efficiently and reliably serve the Alaska interior.

Recommended For You

Related Stocks

SymbolLast Price% Chg
ANDV--
Andeavor