| Address:
|
10000 MEMORIAL DRIVE
SUITE 600 |
| City: |
HOUSTON |
|
State: |
TX |
|
Zip Code: |
77024 |
| Telephone: |
713-688-9600 |
|
Description of Business
|
Primary SIC Code:
2911 |
| (As filed with the SEC)
|
|
|
The terms "Frontier," "we," "us" and "our" as used in this Form 10-K refer to
Frontier Oil Corporation and its subsidiaries, except where it is clear that
those terms mean only the parent company. When we use the term "Rocky Mountain
region," we refer to the states of Colorado, Wyoming, western Nebraska, Montana
and Utah, and when we use the term "Plains States," we refer to the states of
Kansas, Oklahoma, eastern Nebraska, Iowa, Missouri, North Dakota and South
Dakota.
Overview
We are an independent energy company, organized in the State of Wyoming in 1977,
engaged in crude oil refining and the wholesale marketing of refined petroleum
products. We operate refineries (the "Refineries") in Cheyenne, Wyoming and El
Dorado, Kansas with a total annual average crude oil capacity of approximately
187,000 barrels per day ("bpd"). ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 03/2011 | 2.07 | 0.340 | 14.16 | | 12/2010 | 0.36 | NA | 50.03 | | 09/2010 | -0.41 | NA | N/E | | 06/2010 | -0.56 | NA | N/E | | 03/2010 | -1.76 | NA | N/E | | 12/2009 | -0.81 | 0.060 | N/E | | 09/2009 | 0.09 | 0.060 | 154.67 | | 06/2009 | 0.67 | 0.060 | 19.57 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -0.50 | Total Liab/Total Assets | 0.55 | | Net Inc/Total Assets | 0.02 | Total Liab/Inv Cap | 0.72 | | Net Inc/Inv Cap | 0.02 | Total Liab/Comm Equity | -15.77 | | Pretax Inc/Net Sales | 0.01 | Interest Coverage Ratio | 2.64 | | Net Inc/Net Sales | 0.01 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.04 | LTD/Equity | 0.36 | | SG&A/NetSales | 0.01 | Total Debt/Equity | 0.36 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 22.18 | Quick Ratio | 1.49 | | Inventory Turnover | 19.67 | Current Ratio | 2.01 | | Inventory Day Sales | 0.06 | Net Rec/Curr Assets | 0.21 | | Net Sales/Work Cap | 10.83 | Inv/Curr Assets | 0.26 | | Net Sales/PP&E | 5.80 | | |
Income Statement (Millions) |
| |
3/31/2011
|
12/31/2010
|
9/30/2010
|
6/30/2010
|
|
Total Revenues(Net Sales)
|
1,908.65
|
1,647.41
|
1,416.47
|
1,548.88
|
|
Cost of Goods Sold
|
1,637.21
|
1,582.34
|
1,366.65
|
1,407.43
|
|
Selling & Admin Exps
|
10.60
|
11.80
|
13.19
|
11.22
|
|
Operating Income
|
228.75
|
9.60
|
16.32
|
115.99
|
|
Interest Exp
|
8.63
|
8.28
|
9.03
|
8.05
|
|
Pretax Income
|
220.46
|
1.88
|
7.99
|
108.51
|
|
Other Income
|
0.37
|
0.55
|
0.70
|
0.57
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
139.87
|
3.63
|
8.31
|
66.11
|
|
Assets
|
3/31/2011
|
12/31/2010
|
9/30/2010
|
6/30/2010
|
|
Cash & Short Term Investments
|
685.38
|
558.64
|
413.65
|
444.24
|
|
Receivables - Total
|
309.35
|
226.59
|
298.32
|
310.38
|
|
Inventories - Total
|
299.88
|
280.85
|
379.66
|
335.35
|
|
Total Current Assets
|
1,303.09
|
1,079.06
|
1,103.90
|
1,100.39
|
|
Net Property, Plant & Equipment
|
1,014.14
|
1,014.87
|
1,014.55
|
1,013.80
|
|
Total Assets
|
2,385.67
|
2,168.76
|
2,192.33
|
2,192.55
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
649.63
|
535.62
|
557.17
|
567.38
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
649.63
|
535.62
|
557.17
|
567.38
|
|
Long-Term Debt
|
350.67
|
350.71
|
350.76
|
350.80
|
|
Total Liabilities
|
1,294.31
|
1,182.22
|
1,208.11
|
1,220.11
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
57.74
|
57.74
|
57.74
|
57.74
|
|
Retained Earnings
|
1,171.41
|
1,068.00
|
1,064.37
|
1,056.06
|
|
Treasury Stock
|
-398.17
|
-396.41
|
-396.44
|
-396.44
|
|
Total Stockholders' Equity
|
1,091.36
|
986.55
|
984.22
|
972.45
|
|
Total Liabilities and Stockholders' Equity
|
2,385.67
|
2,168.76
|
2,192.33
|
2,192.55
|
Cash Flow Summary (Millions) |
|
Categories
|
3/31/2011
|
12/31/2010
|
9/30/2010
|
6/30/2010
|
|
Net Cash Provided by Operating Activities
|
180.83
|
172.13
|
-9.85
|
17.64
|
|
Net Cash Provided by Investing Activities
|
-16.19
|
-23.34
|
-20.55
|
-18.23
|
|
Net Cash Provided by Financing Activities
|
-37.91
|
-3.80
|
-0.19
|
-1.85
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 4,795.95 | 379.28 | 3.37 | | 12/2007 | 5,188.74 | 499.12 | 4.62 | | 12/2008 | 6,498.78 | 80.23 | 0.77 | | 12/2009 | 4,237.21 | -83.76 | -0.81 | | 12/2010 | 5,884.91 | 37.78 | 0.36 | | Growth Rates | 5.25 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 03/31/11 | 267 | 90,113 | 84.42 |
|
Report Date :
6/27/2011
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