Northern Tier Energy LP

No Longer Reporting

The company has not filed an annual or quarterly report since its 10-Q, filed May 5, 2017. Its latest SEC filing is a 15-12B from Jun 26, 2017.

The sections below describe the company as of the latest annual report.

What Did They Do?

Refines crude oil into gasoline, diesel and jet fuel for buyers in the Upper Great Plains, and sells fuel and merchandise through SuperAmerica convenience stores.

How Did They Make Money?

Year to Dec 2015 revenue

Who Were Their Customers?

Refined-product customers include petroleum companies, airlines and government entities. Retail customers buy gasoline and merchandise at company-operated SuperAmerica stores; franchisees operate other SuperAmerica locations.

Did Revenues Turn Into Profits?

Yes. It kept 10 cents of every revenue dollar as net income in Year to Dec 2015.

Operating income, Year to Dec 2015

11% of revenue

▲ +34% vs Year to Dec 2014 ($275.3M, 5%)

Net income, Year to Dec 2015

10% of revenue

▲ +37% vs Year to Dec 2014 ($241.6M, 4%)

How Were They Changing?

Shrank. Revenue fell 20% in 4 years, from $4.3B in Year to Dec 2011 to $3.4B in Year to Dec 2015, about 6% a year.

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