| | Business Summary | | Ultramar
Diamond
Shamrock
Corporation
(UDS)
is
a
refiner
and
retailer
of
high-quality
refined
products
and
convenience
store
merchandise
in
the
central,
southwest
and
northeast
regions
of
the
United
States
and
eastern
Canada.
The
Company's
operations
consist
of
refineries,
convenience
stores,
pipelines
and
terminals,
a
home
heating
oil
business
and
petrochemical
and
natural
gas
liquids
(NGL)
operations.
UDS
owns
and
operates
seven
refineries,
with
a
combined
throughput
capacity
of
850,000
barrels
per
day,
located
near
its
key
markets,
Amarillo
and
San
Antonio,
Texas;
Los
Angeles
and
San
Francisco,
California;
south
central
Oklahoma;
eastern
Colorado,
near
Denver,
and
in
northern
Quebec,
near
Quebec
City.
On
May
7,
2001,
Valero
Energy
Corporation
(Valero)
and
UDS
entered
into
an
agreement
and
plan
of
merger,
pursuant
to
which
UDS
will
merger
with
and
into
Valero.
The
merger
is
expected
to
close
in
the
fourth
quarter
of
2001. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | UDS,
an
independent
petroleum
refining
and
petroleum
product
and
convenience
merchandise
marketing
company,
owns
seven
refineries
in
the
U.S.
and
Canada,
and
operates
over
5,900
branded
retail
gasoline/convenience
merchandise
stores.
For
the
six
months
ended
6/30/01,
revenues
increased
22%
to
$9.32
billion.
Net
income
rose
from
$197.6
million
to
$403.1
million.
Results
reflect
higher
refined
product
sales
prices,
improved
gross
margins
and
the
recovery
of
enviornmental
insurance
claims. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Jean Gaulin, 58
Chairman,
Pres, CEO | $1.9M | -- | Robert Shapard, 45
Exec.
VP, CFO | -- | -- | Timothy Fretthold, 51
Exec.
VP, CAO, Chief Legal Officer | 787K | $6.8K | Christopher Havens, 46
Exec.
VP, Marketing and Retail Operations | 773K | -- | W. Paul Eisman, 45
Exec.
VP, Corp. Devel. | 652K | -- | | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/u/uds.gif)