Future of Tesoro | Quantumrun

Future of Tesoro

Tesoro Corporation is headquartered in Texas at San Antonio.

Tesoro is an independent marketer and refiner of petroleum products, operating refineries in the Western United States. Its retail-marketing system includes numerous branded retail gas stations, and some are company-operated under its own Tesoro brand name, as well as ExxonMobil, USA, Shell, and ARCO Gasoline brands.

Home Country: 
United States
Industry: 
Petroleum Refining
Industry vulnerability to disruption: 

<p>Belonging to the energy sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:</p>

<p>*First off, the most obvious disruptive trend is the shrinking cost and increasing energy generating capacity of renewable sources of electricity, such as wind, tidal, geothermal and (especially) solar. The economics of renewables are advancing at such a rate that further investments into more traditional sources of electricity, such as coal, gas, petroleum, and nuclear, are becoming less competitive in many parts of the world.<br />
*Concurrent with the growth of renewables is the shrinking cost and increasing energy storing capacity of utility-scale batteries that can store electricity from renewables (like solar) during the day for release during the evening.<br />
*The energy infrastructure in much of North America and Europe is decades old and is currently in the two-decade-long process of being rebuilt and reimagined. This will result in the installation of smart grids that are more stable and resilient, and will spur the development of a more efficient and decentralized energy grid in many parts of the world.<br />
*The growing cultural awareness and acceptance of climate change is accelerating the public's demand for clean energy, and ultimately, their government's investment into cleantech infrastructure projects.<br />
*As Africa, Asia, and South America continue to develop over the next two decades, their populations’ increasing demand first world living conditions will spur demand for modern energy infrastructure that will keep energy sector building contracts going strong into the foreseeable future.<br />
*Significant breakthroughs in Thorium and fusion energy will be made by the mid-2030s, leading to their rapid commercialization and global adoption.</p>

Total patents held: 
4
Ranking List: 
186
Ranking List: 
2017 Quantumrun Global 1000
127
Ranking List: 
2017 Quantumrun US 500
Ranking List: 
2017 Quantumrun Silicon Valley 100
Market Revenue Country: 
Market country 
United States
Revenue from country 
1.00
Prod/Serv name revenue: 
Prod/Serv name: 
Refined products
Prod/Serv revenue: 
21213000000
Prod/Serv name: 
Marketing fuel
Prod/Serv revenue: 
15405000000
Prod/Serv name: 
Crude oil resales and other
Prod/Serv revenue: 
1043000000
Founded: 
1968
Company Name: 
Tesoro
Sector: 
Revenue: 
24582000000
3y average revenue: 
31308666667
Operating expenses: 
2541000000
3y average expenses: 
2480000000
Company profile data note: 
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.
Global employee count: 
6308
Number of domestic locations: 
4
Funds in reserve: 
3295000000
create term: 
#186 | 2017 Quantumrun Global 1000
#127 | 2017 Quantumrun US 500

Tesoro Corporation is headquartered in Texas at San Antonio.

Tesoro is an independent marketer and refiner of petroleum products, operating refineries in the Western United States. Its retail-marketing system includes numerous branded retail gas stations, and some are company-operated under its own Tesoro brand name, as well as ExxonMobil, USA, Shell, and ARCO Gasoline brands.

Home country:
United States
Sector:
Energy
Industry:
Petroleum Refining
Website:
Founded:
1968
Global employee count:
6,308

Financial Health

Revenue
$24,582,000,000 USD
3y average revenue
$31,308,666,667 USD
Operating expenses
$2,541,000,000 USD
3y average expenses
$2,480,000,000 USD
Funds in reserve
$3,295,000,000 USD
#1 Market country
United States
% of revenue from country #1
1%

Asset Performance

#1 Product/Service/Dept. name
Refined products
#1 Product/Service revenue
$21,213,000,000 USD
#2 Product/Service/Dept. name
Marketing fuel
#2 Product/Service revenue
$15,405,000,000 USD
#3 Product/Service/Dept. name
Crude oil resales and other
#3 Product/Service revenue
$1,043,000,000 USD

Innovation assets and Pipeline

Total patents held
4
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.

Disruption Vulnerability

Belonging to the energy sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, the most obvious disruptive trend is the shrinking cost and increasing energy generating capacity of renewable sources of electricity, such as wind, tidal, geothermal and (especially) solar. The economics of renewables are advancing at such a rate that further investments into more traditional sources of electricity, such as coal, gas, petroleum, and nuclear, are becoming less competitive in many parts of the world.

*Concurrent with the growth of renewables is the shrinking cost and increasing energy storing capacity of utility-scale batteries that can store electricity from renewables (like solar) during the day for release during the evening.

*The energy infrastructure in much of North America and Europe is decades old and is currently in the two-decade-long process of being rebuilt and reimagined. This will result in the installation of smart grids that are more stable and resilient, and will spur the development of a more efficient and decentralized energy grid in many parts of the world.

*The growing cultural awareness and acceptance of climate change is accelerating the public's demand for clean energy, and ultimately, their government's investment into cleantech infrastructure projects.

*As Africa, Asia, and South America continue to develop over the next two decades, their populations’ increasing demand first world living conditions will spur demand for modern energy infrastructure that will keep energy sector building contracts going strong into the foreseeable future.

*Significant breakthroughs in Thorium and fusion energy will be made by the mid-2030s, leading to their rapid commercialization and global adoption.