| Business Summary | | Shamrock
Logistics
LP
is
a
limited
partnership
formed
in
December
1999
to
acquire,
own,
and
operate
most
of
Ultramar
Diamond
Shamrock's
crude
oil
and
refined
product
pipeline,
terminalling,
and
storage
assets
that
support
the
McKee,
Three
Rivers,
and
Ardmore
refineries
and
its
marketing
operations
located
in
Texas,
Oklahoma,
Colorado,
New
Mexico,
and
Arizona.
The
crude
oil
pipelines
deliver
crude
oil
and
other
raw
materials,
such
as
gas
oil
and
normal
butane.
The
refined
product
pipelines
transport
refined
products
including
conventional
gasoline,
federal
specification
reformulated
gasoline,
other
oxygenated
gasolines,
distillates
(including
high-
and
low-sulfur
diesel
and
jet
fuel),
natural
gas
liquids
(such
as
propane
and
butane),
blendstocks,
and
petrochemical
raw
materials
such
as
toluene,
xylene,
and
raffinate. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | UDL
was
formed
to
acquire,
own,
and
operate
most
of
Ultramar
Diamond
Shamrock
Corp.'s
crude
oil
and
refined
product
pipeline,
terminalling,
and
storage
assets
that
support
its
refining
and
marketing
operations.
For
the
six
months
ended
6/30/01,
revenues
rose
6%
to
$47.1
million.
Net
income
fell
62%
to
$18.9
million.
Results
reflect
higher
crude
oil
and
refined
product
volumes,
offset
by
higher
interest
expenses
and
the
absence
of
a
$30.8
million
tax
benefit. | More
from
Market Guide: Significant
Developments |
| | |
| Position | William Klesse, 53 | Chairman | Curtis Anastasio, 44 | Pres,
CEO, Director | Steven Blank, 45 | CFO,
Chief Accounting Officer, Director | Rodney Reese, 50 | VP-Operations |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|