| Address:
|
6500 TROWBRIDGE DRIVE
|
| City: |
EL PASO |
|
State: |
TX |
|
Zip Code: |
79905 |
| Telephone: |
(915) 775-3488 |
|
Description of Business
|
Primary SIC Code:
2911 |
| (As filed with the SEC)
|
|
|
We are an independent crude oil refiner and marketer of refined products and
also operate service stations and convenience stores. We own and operate two
refineries with a total crude oil throughput capacity of approximately
151,000 barrels per day, or bpd. In addition to our 128,000 bpd refinery in
El Paso, Texas, we also own and operate a 23,000 bpd refinery near Gallup, New
Mexico. Until September 2010, we operated a 70,000 bpd refinery near Yorktown,
Virginia, and until November 2009, we operated a 17,000 bpd refinery near
Bloomfield, New Mexico. We temporarily suspended refining operations at our
Yorktown facility in September 2010 and indefinitely suspended refining
operations at the Bloomfield refinery in November 2009. We continue to operate
Yorktown and Bloomfield as product distribution terminals and supply our refined
products to those areas. Our primary operating areas encompass West Texas,
Arizona, New Mexico, Utah, Colorado, and the Mid-Atlantic region. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 1.82 | NA | 6.85 | | 06/2011 | 1.09 | NA | 16.58 | | 03/2011 | 0.29 | NA | 58.45 | | 12/2010 | -0.19 | NA | N/E | | 09/2010 | -1.25 | NA | N/E | | 06/2010 | -1.11 | NA | N/E | | 03/2010 | -5.64 | NA | N/E | | 12/2009 | -4.43 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -0.03 | Total Liab/Total Assets | 0.74 | | Net Inc/Total Assets | -0.01 | Total Liab/Inv Cap | 0.97 | | Net Inc/Inv Cap | -0.01 | Total Liab/Comm Equity | 3.44 | | Pretax Inc/Net Sales | -0.01 | Interest Coverage Ratio | 0.71 | | Net Inc/Net Sales | 0.00 | Curr Debt/Equity | 0.09 | | Cash Flow/Net Sales | 0.02 | LTD/Equity | 1.49 | | SG&A/NetSales | 0.02 | Total Debt/Equity | 1.58 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 25.63 | Quick Ratio | 0.83 | | Inventory Turnover | 19.28 | Current Ratio | 1.49 | | Inventory Day Sales | 0.06 | Net Rec/Curr Assets | 0.34 | | Net Sales/Work Cap | 29.20 | Inv/Curr Assets | 0.44 | | Net Sales/PP&E | 4.72 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
2,397.14
|
2,557.88
|
1,839.59
|
1,866.03
|
|
Cost of Goods Sold
|
2,163.90
|
2,305.59
|
1,723.73
|
1,759.47
|
|
Selling & Admin Exps
|
26.45
|
25.51
|
20.40
|
59.31
|
|
Operating Income
|
171.21
|
192.44
|
60.09
|
16.88
|
|
Interest Exp
|
33.20
|
33.50
|
34.49
|
35.38
|
|
Pretax Income
|
130.62
|
157.71
|
19.00
|
-17.76
|
|
Other Income
|
-7.39
|
-1.22
|
-6.60
|
0.75
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
84.93
|
100.07
|
12.23
|
-7.57
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
402.64
|
173.21
|
11.93
|
59.91
|
|
Receivables - Total
|
279.39
|
298.87
|
325.27
|
283.90
|
|
Inventories - Total
|
390.82
|
351.20
|
369.08
|
365.67
|
|
Total Current Assets
|
1,279.39
|
1,088.09
|
915.13
|
825.70
|
|
Net Property, Plant & Equipment
|
1,625.84
|
1,638.19
|
1,656.92
|
1,688.15
|
|
Total Assets
|
3,021.39
|
2,834.35
|
2,681.78
|
2,628.15
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
602.55
|
563.88
|
546.30
|
489.95
|
|
Debt in Current Liabilities
|
3.65
|
3.25
|
3.25
|
63.00
|
|
Total Current Liabilities
|
606.20
|
567.13
|
549.55
|
552.95
|
|
Long-Term Debt
|
1,058.72
|
1,054.38
|
1,050.63
|
1,006.53
|
|
Total Liabilities
|
2,138.42
|
2,038.74
|
1,988.65
|
1,952.55
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
0.90
|
0.90
|
0.90
|
0.89
|
|
Retained Earnings
|
307.10
|
222.17
|
122.10
|
109.87
|
|
Treasury Stock
|
-21.44
|
-21.44
|
-21.44
|
-21.44
|
|
Total Stockholders' Equity
|
882.97
|
795.62
|
693.12
|
675.59
|
|
Total Liabilities and Stockholders' Equity
|
3,021.39
|
2,834.35
|
2,681.78
|
2,628.15
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
255.79
|
165.80
|
-21.04
|
40.98
|
|
Net Cash Provided by Investing Activities
|
-18.68
|
-15.20
|
0.83
|
-17.68
|
|
Net Cash Provided by Financing Activities
|
-7.68
|
10.66
|
-27.77
|
-40.91
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 4,199.47 | 204.78 | 3.11 | | 12/2007 | 7,305.03 | 238.61 | 3.53 | | 12/2008 | 10,725.58 | 64.20 | 0.95 | | 12/2009 | 6,807.37 | -350.62 | -4.43 | | 12/2010 | 7,965.05 | -17.05 | -0.19 | | Growth Rates | 17.35 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 190 | 60,775 | 66.92 |
|
Report Date :
2/6/2012
 Copyright
2012, EDGAR Online, Inc. All
rights reserved. Replication or redistribution of EDGAR Online, Inc. content is
expressly prohibited without the prior written consent of EDGAR Online, Inc.
EDGAR Online, Inc. shall not be liable for any errors or delays in the content,
or for any actions taken in reliance thereon.
|
|
|