The following pages contain information that should help individual investors and financial analysts alike develop a better understanding of the financial considerations affecting Frontier Oil Corporation and an appreciation of some of the factors that may affect future Company earnings. Frontier is presenting this information in the spirit of the Securities and Exchange Commission’s Regulation Fair Disclosure (‘FD’). Although these pages will be updated periodically, it is important for those visiting these pages to recognize the inherent volatility and the seasonality of the refining industry that Frontier is a member of and to appreciate the value of taking a long term view of the trends within the industry. While extensive and presented in good faith, we do not warrant that the information presented herein is exhaustive of the factors affecting the Company’s earnings or that any earnings model developed solely from this information will accurately predict the Company’s future economic performance. Additionally, and also in keeping with the Securities and Exchange Commission’s Regulation Fair Disclosure, the Company will refrain from commenting individually on the accuracy of any business or earnings models that might be developed from this data or the accuracy of any earnings estimates that such models might generate.
Frontier’s financial information and related discussions are presented in the following sections. Please take notice of links throughout the pages that will provide supplemental information.
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