HOUSTON, May 23 /PRNewswire-FirstCall/ -- Frontier Oil Corporation
(NYSE: FTO) announced that at today's special meeting its shareholders
approved an amendment to the Company's Restated Articles of Incorporation,
which will allow the increase in the authorized shares outstanding from
50 million to 90 million. The additional authorized shares will permit the
Company to split its common shares 2-for-1 by means of a stock dividend as
announced on April 15, 2005. The stock dividend is payable June 17, 2005 to
shareholders of record as of the close of business on May 23, 2005.
Frontier operates a 110,000 barrel-per-day refinery located in El Dorado,
Kansas, and a 46,000 barrel-per-day refinery located in Cheyenne, Wyoming, and
markets its refined products principally along the eastern slope of the Rocky
Mountains and in other neighboring plains states. Information about the
Company may be found on its web site http://www.frontieroil.com .
This news release includes forward-looking statements concerning the
Company. These may include statements of plans or objectives for future
operations, statements about future economic performance or assumptions or
estimates. The accuracy of these forward-looking statements is subject to a
wide range of business risks and changes in circumstances that are described
in our reports that are filed from time to time with the Securities and
Exchange Commission. Actual results and outcomes often differ from
expectations.
SOURCE Frontier Oil Corporation
 back to top
Related links:
http://www.frontieroil.com
CONTACT:
Doug Aron of Frontier Oil Corporation,
+1-713-688-9600, ext. 145
|
