Tesoro Logistics LP Company Profile (NASDAQ:TLLP)

About Tesoro Logistics LP (NASDAQ:TLLP)

Tesoro Logistics LP logoTesoro Logistics LP is a full-service logistics company operating in the western and mid-continent regions of the United States. The Company operates through three segments. Its Gathering segment consists of crude oil, natural gas and produced water gathering systems in the Bakken Region and Rockies Region. Its Processing segment consists of the Vermillion processing complex, the Uinta Basin processing complex, the Blacks Fork processing complex and the Emigrant Trail processing complex. Its Terminalling and Transportation segment consists of the Northwest Products Pipeline, which includes a regulated common carrier products, a regulated common carrier refined products pipeline system connecting Tesoro Corporation's Kenai refinery to Anchorage, Alaska, and crude oil and refined products terminals and storage facilities in the western and midwestern United States; marine terminals in California; a petroleum coke handling and storage facility in Los Angeles, and other pipelines.

Industry, Sector and Symbol:
  • Sector: Energy
  • Industry: Oil & Gas Transportation Services - NEC
  • Sub-Industry: N/A
  • Symbol: NASDAQ:TLLP
  • CUSIP: N/A
  • Web: www.tesorologistics.com
Capitalization:
  • Market Cap: $5.57 billion
  • Outstanding Shares: 108,002,000
Average Prices:
  • 50 Day Moving Avg: $50.85
  • 200 Day Moving Avg: $53.83
  • 52 Week Range: $43.00 - $60.14
P/E:
  • Trailing P/E Ratio: 29.62
  • Foreward P/E Ratio: 15.72
  • P/E Growth: 1.11
Sales & Book Value:
  • Annual Revenue: $1.34 billion
  • Price / Sales: 4.16
  • Book Value: $17.31 per share
  • Price / Book: 2.98
Dividend:
  • Dividend Yield: 7.2%
Profitability:
  • EBIDTA: $723 million
  • Net Margins: 21.90%
  • Return on Equity: 12.69%
  • Return on Assets: 6.29%
Misc:
  • Average Volume: 348,452 shs.
  • Short Ratio: 7.16
 
Frequently Asked Questions for Tesoro Logistics LP (NASDAQ:TLLP)

What is Tesoro Logistics LP's stock symbol?

Tesoro Logistics LP trades on the NASDAQ under the ticker symbol "TLLP."

How often does Tesoro Logistics LP pay dividends? What is the dividend yield for Tesoro Logistics LP?

Tesoro Logistics LP declared a quarterly dividend on Thursday, July 20th. Shareholders of record on Friday, August 4th will be given a dividend of $0.971 per share on Monday, August 14th. This represents a $3.88 annualized dividend and a yield of 7.53%. The ex-dividend date of this dividend is Wednesday, August 2nd. This is a positive change from Tesoro Logistics LP's previous quarterly dividend of $0.94. View Tesoro Logistics LP's Dividend History.

How were Tesoro Logistics LP's earnings last quarter?

Tesoro Logistics LP (NASDAQ:TLLP) issued its earnings results on Monday, May, 8th. The company reported $0.51 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.63 by $0.12. The company had revenue of $420 million for the quarter, compared to analyst estimates of $348.74 million. Tesoro Logistics LP had a return on equity of 12.69% and a net margin of 21.90%. Tesoro Logistics LP's revenue was up 40.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.19 earnings per share. View Tesoro Logistics LP's Earnings History.

When will Tesoro Logistics LP make its next earnings announcement?

Tesoro Logistics LP is scheduled to release their next quarterly earnings announcement on Tuesday, August, 8th 2017. View Earnings Estimates for Tesoro Logistics LP.

Where is Tesoro Logistics LP's stock going? Where will Tesoro Logistics LP's stock price be in 2017?

8 equities research analysts have issued 12 month price targets for Tesoro Logistics LP's stock. Their predictions range from $52.00 to $65.00. On average, they anticipate Tesoro Logistics LP's stock price to reach $59.14 in the next twelve months. View Analyst Ratings for Tesoro Logistics LP.

Who are some of Tesoro Logistics LP's key competitors?

Who are Tesoro Logistics LP's key executives?

Tesoro Logistics LP's management team includes the folowing people:

  • Gregory J. Goff, Chairman of the Board of Directors, Chief Executive Officer of the General Partner
  • Steven M. Sterin CPA, President, Chief Financial Officer, Director of the General Partner
  • Kim K. W. Rucker, Executive Vice President, General Counsel of the General partner
  • Don J. Sorensen, Vice President - Operations of the General Partner
  • Blane W. Peery, Vice President, Controller of the General Partner
  • Stephan E. Tompsett, Vice President, Treasurer of the General Partner
  • Raymond John Bromark CPA, Lead Independent Director of the General Partner
  • Jeff A. Stevens, Director
  • Michael E. Wiley, Director of the General Partner
  • James H. Lamanna, Independent Director of the General Partner

Who owns Tesoro Logistics LP stock?

Tesoro Logistics LP's stock is owned by many different of retail and institutional investors. Top institutional investors include TESORO CORP (31.50%), Bank of Montreal Can (1.19%), Spirit of America Management Corp NY (0.29%), Virtu Financial LLC (0.04%), Miller Howard Investments Inc. NY (0.03%) and Diversified Trust Co (0.03%). View Institutional Ownership Trends for Tesoro Logistics LP.

Who sold Tesoro Logistics LP stock? Who is selling Tesoro Logistics LP stock?

Tesoro Logistics LP's stock was sold by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY and Country Club Trust Company n.a.. View Insider Buying and Selling for Tesoro Logistics LP.

Who bought Tesoro Logistics LP stock? Who is buying Tesoro Logistics LP stock?

Tesoro Logistics LP's stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Virtu Financial LLC, Spirit of America Management Corp NY, Creative Planning and Diversified Trust Co. View Insider Buying and Selling for Tesoro Logistics LP.

How do I buy Tesoro Logistics LP stock?

Shares of Tesoro Logistics LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Tesoro Logistics LP's stock price today?

One share of Tesoro Logistics LP stock can currently be purchased for approximately $51.57.


MarketBeat Community Rating for Tesoro Logistics LP (NASDAQ TLLP)
Community Ranking:  3.2 out of 5 (  )
Outperform Votes:  287 (Vote Outperform)
Underperform Votes:  164 (Vote Underperform)
Total Votes:  451
MarketBeat's community ratings are surveys of what our community members think about Tesoro Logistics LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Tesoro Logistics LP (NASDAQ:TLLP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $59.14 (14.68% upside)

Analysts' Ratings History for Tesoro Logistics LP (NASDAQ:TLLP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/22/2017ScotiabankSet Price TargetBuy$63.00MediumView Rating Details
6/3/2017Jefferies Group LLCSet Price TargetHold$52.00LowView Rating Details
6/2/2017Barclays PLCReiterated RatingOverweight -> Overweight$65.00MediumView Rating Details
3/20/2017SunTrust Banks, Inc.Initiated CoverageBuy -> Buy$62.00LowView Rating Details
2/8/2017MizuhoDowngradeBuy -> Neutral$59.00N/AView Rating Details
1/30/2017Citigroup Inc.Reiterated RatingBuyN/AView Rating Details
1/6/2017Morgan StanleyUpgradeEqual Weight -> Overweight$55.00 -> $59.00N/AView Rating Details
10/10/2016Deutsche Bank AGSet Price TargetBuy$54.00N/AView Rating Details
5/16/2016J P Morgan Chase & CoBoost Price TargetOverweight$57.00 -> $58.00N/AView Rating Details
5/3/2016Seaport Global SecuritiesReiterated RatingBuyN/AView Rating Details
12/21/2015Mitsubishi UFJ Financial Group IncReiterated RatingNeutralN/AView Rating Details
10/30/2015Royal Bank Of CanadaBoost Price Target$60.00 -> $65.00N/AView Rating Details
10/27/2015Credit Suisse GroupReiterated RatingNeutralN/AView Rating Details
8/7/2015Oppenheimer Holdings, Inc.Reiterated RatingOutperform$66.00 -> $59.00N/AView Rating Details
(Data available from 7/24/2015 forward)

Earnings

Earnings History for Tesoro Logistics LP (NASDAQ:TLLP)
Earnings by Quarter for Tesoro Logistics LP (NASDAQ:TLLP)
Earnings History by Quarter for Tesoro Logistics LP (NASDAQ TLLP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/8/2017$0.67N/AView Earnings Details
5/8/2017Q1 2017$0.63$0.51$348.74 million$420.00 millionViewListenView Earnings Details
2/6/2017Q4 2016$0.56$0.31$319.77 million$319.00 millionViewListenView Earnings Details
10/31/2016Q3$0.63$0.46$7.74 billion$6.54 billionViewN/AView Earnings Details
8/3/2016Q2$0.60$0.48$275.00 million$293.00 millionViewListenView Earnings Details
5/4/2016Q1$0.66$0.64$294.93 million$300.00 millionViewListenView Earnings Details
10/28/2015Q3$0.69$0.62$269.41 million$282.00 millionViewListenView Earnings Details
8/5/2015Q2$0.69$0.60$254.04 million$275.00 millionViewListenView Earnings Details
5/8/2015Q1$0.58$0.63$250.86 million$263.00 millionViewListenView Earnings Details
2/11/2015Q4$0.38($0.34)$168.20 million$98.00 millionViewListenView Earnings Details
10/30/2014Q3$0.57$0.33$142.58 million$150.35 millionViewListenView Earnings Details
7/30/2014Q2$0.53$0.45$128.89 million$130.33 millionViewListenView Earnings Details
4/30/2014Q1$0.46$0.64$107.18 million$125.05 millionViewListenView Earnings Details
2/7/2014Q4$0.44$0.53ViewListenView Earnings Details
8/5/2013Q2 2013$0.68$0.36$89.57 million$59.88 millionViewListenView Earnings Details
5/6/2013Q1 2013$0.48$0.40$53.29 million$51.60 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Tesoro Logistics LP (NASDAQ:TLLP)
2017 EPS Consensus Estimate: $2.69
2018 EPS Consensus Estimate: $2.92
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.41$0.73$0.55
Q2 20173$0.64$0.73$0.68
Q3 20173$0.53$0.83$0.71
Q4 20173$0.63$0.90$0.76
Q1 20181$0.67$0.67$0.67
Q2 20181$0.73$0.73$0.73
Q3 20181$0.75$0.75$0.75
Q4 20181$0.77$0.77$0.77
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Tesoro Logistics LP (NASDAQ TLLP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/20/2017Quarterly$0.977.47%8/2/20178/4/20178/14/2017
4/20/2017quarterly$0.946.93%5/3/20175/5/20175/15/2017
1/19/2017quarterly$0.916.68%2/1/20172/3/20172/14/2017
10/20/2016Quarterly$0.887.52%11/2/201611/4/201611/14/2016
7/20/2016Quarterly$0.847/29/20168/2/20168/12/2016
4/21/2016quarterly$0.816.86%4/28/20165/2/20165/13/2016
1/20/2016Quarterly$0.781/29/20162/2/20162/12/2016
10/22/2015quarterly$0.755.69%10/29/201511/2/201511/13/2015
7/23/2015quarterly$0.725.57%7/30/20158/3/20158/14/2015
4/23/2015quarterly$0.704.79%4/30/20155/4/20155/15/2015
1/22/2015$0.671/29/20152/2/20152/13/2015
10/23/2014quarterly$0.6410/30/201411/3/201411/13/2014
7/24/2014quarterly$0.623.41%7/31/20148/4/20148/14/2014
4/23/2014quarterly$0.593.74%5/1/20145/5/20145/15/2014
1/24/2014quarterly$0.574.23%1/30/20142/3/20142/13/2014
1/22/2014$0.571/30/20142/3/20142/13/2014
10/24/2013quarterly$0.553.88%10/31/201311/4/201311/14/2013
7/18/2013quarterly$0.513.8%7/31/20138/2/20138/14/2013
4/18/2013quarterly$0.493.7%5/1/20135/3/20135/14/2013
1/23/2013quarterly$0.474.28%1/31/20132/4/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Tesoro Logistics LP (NASDAQ:TLLP)
Insider Trades by Quarter for Tesoro Logistics LP (NASDAQ:TLLP)
Institutional Ownership by Quarter for Tesoro Logistics LP (NASDAQ:TLLP)
Insider Trades by Quarter for Tesoro Logistics LP (NASDAQ:TLLP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/26/2016Steven SterinCFOBuy1,600$47.34$75,744.00View SEC Filing  
2/5/2016Steven SterinCFOBuy2,214$44.35$98,190.90View SEC Filing  
11/24/2014Arlen O GlenewinkelVPBuy3,300$59.82$197,406.00View SEC Filing  
11/4/2014James H LamannaDirectorBuy1,000$57.01$57,010.00View SEC Filing  
8/8/2014James H LamannaDirectorBuy500$67.32$33,660.00View SEC Filing  
8/8/2013Raymond BromarkDirectorBuy1,000$52.05$52,050.00View SEC Filing  
2/27/2013Rick D WeyenVPBuy1,000$49.00$49,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Tesoro Logistics LP (NASDAQ:TLLP)
Latest Headlines for Tesoro Logistics LP (NASDAQ:TLLP)
Source:
DateHeadline
americanbankingnews.com logoScotiabank Reiterates "$63.00" Price Target for Tesoro Logistics LP (NASDAQ:TLLP)
www.americanbankingnews.com - July 23 at 10:40 PM
americanbankingnews.com logoZacks Investment Research Downgrades Tesoro Logistics LP (TLLP) to Strong Sell
www.americanbankingnews.com - July 23 at 8:52 PM
americanbankingnews.com logoTesoro Logistics LP (NASDAQ:TLLP) Declares Quarterly Dividend of $0.97
www.americanbankingnews.com - July 21 at 11:23 AM
finance.yahoo.com logoTesoro Corporation -- Moody's upgrades Tesoro to investment grade
finance.yahoo.com - July 21 at 7:51 AM
americanbankingnews.com logoHead-To-Head Comparison: Enbridge Energy Management (EEQ) versus Tesoro Logistics (NASDAQ:TLLP)
www.americanbankingnews.com - July 21 at 12:07 AM
finance.yahoo.com logoTESORO LOGISTICS LP ANNOUNCES 25TH CONSECUTIVE QUARTERLY DISTRIBUTION INCREASE
finance.yahoo.com - July 20 at 8:39 AM
americanbankingnews.com logoBidaskClub Upgrades Tesoro Logistics LP (TLLP) to "Strong-Buy"
www.americanbankingnews.com - July 19 at 6:52 PM
finance.yahoo.com logoTesoro to Begin Operating in Mexico
finance.yahoo.com - July 19 at 8:19 AM
americanbankingnews.com logoQ2 2017 EPS Estimates for Tesoro Logistics LP Lowered by Analyst (TLLP)
www.americanbankingnews.com - July 17 at 7:14 AM
americanbankingnews.com logoTesoro Logistics LP (TLLP) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - July 14 at 12:41 PM
americanbankingnews.com logoEquities Analysts Issue Forecasts for Tesoro Logistics LP's Q2 2017 Earnings (TLLP)
www.americanbankingnews.com - July 14 at 11:40 AM
americanbankingnews.com logoCritical Survey: Tesoro Logistics (TLLP) vs. PennTex Midstream Partners, (PTXP)
www.americanbankingnews.com - July 12 at 4:20 PM
americanbankingnews.com logoZacks: Analysts Anticipate Tesoro Logistics LP (TLLP) Will Announce Quarterly Sales of $444.65 Million
www.americanbankingnews.com - July 9 at 10:26 AM
americanbankingnews.com logo$0.64 EPS Expected for Tesoro Logistics LP (NASDAQ:TLLP) This Quarter
www.americanbankingnews.com - July 7 at 11:18 AM
finance.yahoo.com logoTesoro Logistics to Release Second Quarter 2017 Earnings
finance.yahoo.com - July 6 at 6:07 PM
finance.yahoo.com logoTesoro Logistics LP – Value Analysis (NYSE:TLLP) : July 5, 2017
finance.yahoo.com - July 6 at 1:03 PM
americanbankingnews.com logoTesoro Logistics LP (NASDAQ:TLLP) Stock Rating Upgraded by BidaskClub
www.americanbankingnews.com - July 5 at 3:44 PM
finance.yahoo.com logoTesoro Logistics LP breached its 50 day moving average in a Bullish Manner : TLLP-US : July 4, 2017
finance.yahoo.com - July 4 at 6:47 PM
nasdaq.com logoBullish Two Hundred Day Moving Average Cross - TLLP
www.nasdaq.com - July 1 at 8:16 AM
americanbankingnews.com logoTesoro Logistics LP (TLLP) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - June 19 at 8:34 AM
americanbankingnews.com logoTesoro Logistics LP (TLLP) Downgraded by BidaskClub
www.americanbankingnews.com - June 15 at 3:48 PM
americanbankingnews.com logoZacks: Brokerages Expect Tesoro Logistics LP (TLLP) Will Announce Quarterly Sales of $444.65 Million
www.americanbankingnews.com - June 15 at 1:10 PM
finance.yahoo.com logoTesoro Corporation to Participate in the Wells Fargo West Coast Energy Conference
finance.yahoo.com - June 15 at 2:19 AM
americanbankingnews.com logoTesoro Logistics LP (TLLP) Expected to Post Earnings of $0.64 Per Share
www.americanbankingnews.com - June 13 at 8:16 AM
finance.yahoo.com logoWhy Is Tesoro (TSO) Up 6.3% Since the Last Earnings Report?
finance.yahoo.com - June 12 at 7:42 PM
bloomberg.com logoRecent TSO News
www.bloomberg.com - June 6 at 11:46 PM
americanbankingnews.com logoJefferies Group LLC Analysts Give Tesoro Logistics LP (TLLP) a $52.00 Price Target
www.americanbankingnews.com - June 4 at 11:46 PM
americanbankingnews.com logoTesoro Logistics' (TLLP) "Overweight" Rating Reiterated at Barclays PLC
www.americanbankingnews.com - June 2 at 10:42 AM
seekingalpha.com logoTesoro, Tesoro Logistics to change their names
seekingalpha.com - June 2 at 2:17 AM
finance.yahoo.com logoTesoro Corporation and Tesoro Logistics LP Announce New Names
finance.yahoo.com - June 2 at 2:17 AM
finance.yahoo.com logoTesoro to rebrand after closing $6.4 billion merger
finance.yahoo.com - June 2 at 2:17 AM
finance.yahoo.com logoTesoro Completes Acquisition of Western Refining; Provides Additional Information on Combined Operations and Synergies
finance.yahoo.com - June 2 at 2:17 AM
finance.yahoo.com logoTesoro and Tesoro Logistics Elect New Members to their Boards of Directors
finance.yahoo.com - June 2 at 2:17 AM
finance.yahoo.com logoETFs with exposure to Tesoro Logistics LP : May 30, 2017
finance.yahoo.com - May 30 at 7:51 PM
finance.yahoo.com logoTesoro Logistics LP :TLLP-US: Earnings Analysis: Q1, 2017 By the Numbers : May 29, 2017
finance.yahoo.com - May 29 at 11:42 AM
finance.yahoo.com logoTesoro Announces Expected Closing Date for Western Refining Acquisition and Election Deadline
finance.yahoo.com - May 25 at 5:05 AM
finance.yahoo.com logoBlog Coverage: Saudi Aramco and National Oilwell Varco Join Hands to Build Land Rigs, Rig and Drilling Equipment in Saudi Arabia
finance.yahoo.com - May 24 at 8:50 AM
americanbankingnews.com logoTesoro Logistics LP (TLLP) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - May 23 at 7:22 AM
americanbankingnews.com logo$397.84 Million in Sales Expected for Tesoro Logistics LP (TLLP) This Quarter
www.americanbankingnews.com - May 21 at 12:00 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for Tesoro Logistics LP Decreased by Analyst (TLLP)
www.americanbankingnews.com - May 17 at 7:26 AM
americanbankingnews.com logoTesoro Logistics LP (TLLP) Expected to Post Earnings of $0.65 Per Share
www.americanbankingnews.com - May 16 at 2:18 PM
americanbankingnews.com logoTesoro Logistics LP (TLLP) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - May 12 at 7:28 AM
finance.yahoo.com logoEdited Transcript of TLLP earnings conference call or presentation 9-May-17 4:00pm GMT
finance.yahoo.com - May 11 at 2:13 AM
finance.yahoo.com logoTesoro (TSO) Beats on Q1 Earnings, Revenues Miss Estimates
finance.yahoo.com - May 9 at 7:43 PM
finance.yahoo.com logoHow Tesoro Stock Performed in Anticipation of 1Q17 Earnings
finance.yahoo.com - May 9 at 7:43 PM
americanbankingnews.com logoTesoro Logistics LP (TLLP) Releases Quarterly Earnings Results, Misses Estimates By $0.14 EPS
www.americanbankingnews.com - May 9 at 11:24 AM
finance.yahoo.com logoTESORO LOGISTICS LP REPORTS FIRST QUARTER 2017 RESULTS
finance.yahoo.com - May 8 at 7:44 PM
finance.yahoo.com logoTESORO CORPORATION REPORTS FIRST QUARTER 2017 RESULTS
finance.yahoo.com - May 8 at 7:44 PM
americanbankingnews.com logoTesoro Logistics LP (TLLP) Set to Announce Quarterly Earnings on Monday
www.americanbankingnews.com - May 6 at 7:14 AM
finance.yahoo.com logoTesoro Corporation to Participate in the Citi Global Energy & Utilities Conference
finance.yahoo.com - May 5 at 12:18 AM

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Chart

Tesoro Logistics LP (TLLP) Chart for Monday, July, 24, 2017

This page was last updated on 7/24/2017 by MarketBeat.com Staff