Tesoro Corporation (NYSE:TSO) Files An 8-K Financial Statements and Exhibits

Tesoro Corporation (NYSE:TSO) Files An 8-K Financial Statements and Exhibits
Item 9.01(a) and Item 9.01(b) of Form 8-K, and does not amend or otherwise update any other information in the Original Form 8-K. Accordingly, this Amendment should be read in conjunction with the Original Form 8-K.

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Item 9.01. Financial Statements and Exhibits.

(a) Financial statements of business acquired.

The audited consolidated balance sheets of Western Refining as of December 31, 2016 and December 31, 2015 and the consolidated statements of operations, consolidated statements of cash flows and consolidated statements of changes in equity and comprehensive income of Western Refining for each of the three years in the period ended December 31, 2016, and the notes related thereto, are incorporated by reference as Exhibit 99.2 hereto and are incorporated by reference into this Item 9.01(a).

The Report of Independent Registered Public Accounting Firm, issued by Deloitte & Touche LLP, dated March 1, 2017, relating to the Western Refining financial statements are incorporated by reference as Exhibit 99.3 hereto and is incorporated by reference into this Item 9.01(a).

The unaudited condensed consolidated balance sheets of Western Refining as of March 31, 2017 and the condensed consolidated statements of operations, condensed consolidated statements of cash flows and condensed consolidated statements of comprehensive income of Western Refining for the period ended March 31, 2017, and the notes related thereto, are incorporated by reference as Exhibit 99.4 hereto and are incorporated by reference into this Item 9.01(a).

(b) Pro forma financial information.

The unaudited pro forma condensed combined financial information is included as Exhibit 99.1 to this Amendment and is incorporated herein by reference.

(d) Exhibits.

23.1

Consent of Deloitte& Touche LLP, independent registered public accounting firm to Western Refining, Inc.

99.1

Unaudited pro forma condensed combined financial information of Tesoro Corporation and Western Refining, Inc. as of and for the three months ended March 31, 2017 and for the year ended December 31, 2016.

99.2

The audited consolidated balance sheets of Western Refining as of December 31, 2016 and December 31, 2015 and the consolidated statements of operations, consolidated statements of cash flows and consolidated statements of changes in equity and comprehensive income of Western Refining for each of the three years in the period ended December 31, 2016, and the notes related thereto (incorporated by reference to Item 8 of Western Refining's Annual Report on Form 10-K filed March 1, 2017, File No. 1-32721).

99.3

The Report of Independent Registered Public Accounting Firm, issued by Deloitte & Touche LLP, dated March 1, 2017, relating to the Western Refining financial statements (incorporated by reference to Item 8 of Western Refining's Annual Report on Form 10-K filed March 1, 2017, File No. 1-32721).

99.4

The unaudited condensed consolidated balance sheets of Western Refining as of March 31, 2017 and the condensed consolidated statements of operations, condensed consolidated statements of cash flows and condensed consolidated statements of comprehensive income of Western Refining for the period ended March 31, 2017, and the notes related thereto (incorporated by reference to Item 1 of Western Refining's Quarterly Report on Form 10-Q filed May 5, 2017, File No. 1-32721).


TESORO CORP /NEW/ Exhibit
EX-99.1 3 exhibit991wnracquisitionpr.htm EXHIBIT 99.1 Exhibit Exhibit 99.1TESORO CORPORATIONUNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATIONReferences to the “Company,…
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About Tesoro Corporation (NYSE:TSO)

Tesoro Corporation (Tesoro) is an independent petroleum refining and marketing company. The Company operates through three business segments: Refining operating segment (Refining), which owns and operates refineries, and refines crude oil and other feedstocks into transportation fuels; TLLP, a publicly traded limited partnership, which includes certain crude oil and natural gas gathering assets, natural gas processing and crude oil and refined products terminaling, and transportation and storage assets, and marketing segment (Marketing), which sells transportation fuels. The Company’s Refining segment owns and operates approximately six petroleum refineries with a combined crude oil capacity of over 850 thousand barrels per day (Mbpd). TLLP’s business operates in three segments: Gathering, Processing, and Terminalling and Transportation. The Marketing segment sells transportation fuels in approximately 20 states through a network of approximately 2,270 retail stations.

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