Northern Tier Energy

Overview

Northern Tier Energy LP

type	Public
industry	Oil and gas
foundation	2010
location	Tempe, Arizona
key people	David L. Lamp, President and CEO
products	Gasoline and other petrochemicals
revenue	US$ 5.56 billion (2014) ‡R1R‡
operating income	US$ 275.3 million (2014) ‡R1R‡
net income	US$ 241.6 million (2014) ‡R1R‡
assets	US$ 1.180 billion (2014) ‡R1R‡
num employees	2,950 (Dec 2014) ‡R1R‡
subsid	SuperAmerica
fate	merged/dissolved with Western Refining, which is now part of andeavor

Northern Tier Energy LP was an American downstream energy limited partnership. In addition to owning the SuperAmerica gas station and convenience store chain, it also owned an oil refinery in St. Paul Park, Minnesota and an interest in a pipeline.[1] In 2014 it ranked 525 on the Fortune 1000.[2]

History

The company was created in 2010 when Acon Investments and TPG Capital acquired $554 million worth of assets from Marathon.[3] Western Refining acquired a controlling interest in the company in 2013 for $775 million.[4]