About Tesoro Corporation (NYSE:ANDV)
Andeavor, formerly Tesoro Corporation, is an independent petroleum refining, logistics and marketing company. he Company operates through three segments. The Refining operating segment refines crude oil and other feedstocks into transportation fuels, such as gasoline and gasoline blendstocks, jet fuel and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas and petroleum coke for sale in bulk markets to a range of customers within its markets. The TLLP segment comprises Tesoro Logistics LP's (TLLP) assets and operations, and includes certain crude oil and natural gas gathering assets, natural gas and natural gas liquids (NGLs) processing assets, and crude oil and refined products terminaling, and transportation. The marketing segment sells transportation fuels through branded and unbranded channels.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Refining and Marketing
- Sub-Industry: Oil & Gas Refining & Marketing
- Symbol: NYSE:ANDV
- CUSIP: 88160910
- Web: www.andeavor.com
- Market Cap: $16.36797 billion
- Outstanding Shares: 156,902,000
- 50 Day Moving Avg: $103.59
- 200 Day Moving Avg: $92.77
- 52 Week Range: $75.11 - $107.71
- Trailing P/E Ratio: 37.22
- Foreward P/E Ratio: 13.34
- P/E Growth: 0.00
- Annual Dividend: $2.36
- Dividend Yield: 2.3%
- Net Margins: 1.22%
- Return on Equity: 5.24%
- Return on Assets: 2.27%
- Debt-to-Equity Ratio: 0.58%
- Current Ratio: 1.45%
- Quick Ratio: 0.71%
- Average Volume: 1.40 million shs.
- Beta: 1.61
Frequently Asked Questions for Tesoro Corporation (NYSE:ANDV)
What is Tesoro Corporation's stock symbol?
Tesoro Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "ANDV."
How often does Tesoro Corporation pay dividends? What is the dividend yield for Tesoro Corporation?
Tesoro Corporation declared a quarterly dividend on Wednesday, August 9th. Shareholders of record on Thursday, August 31st will be paid a dividend of $0.59 per share on Friday, September 15th. This represents a $2.36 annualized dividend and a yield of 2.25%. The ex-dividend date is Tuesday, August 29th. This is an increase from Tesoro Corporation's previous quarterly dividend of $0.55. View Tesoro Corporation's Dividend History.
How were Tesoro Corporation's earnings last quarter?
Tesoro Corporation (NYSE:ANDV) announced its earnings results on Monday, October, 31st. The company reported $1.43 earnings per share for the quarter, meeting the consensus estimate of $1.43. The company earned $6.54 billion during the quarter, compared to the consensus estimate of $6.82 billion. Tesoro Corporation had a return on equity of 5.24% and a net margin of 1.22%. The company's revenue was down 15.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $6.13 EPS. View Tesoro Corporation's Earnings History.
When will Tesoro Corporation make its next earnings announcement?
Where is Tesoro Corporation's stock going? Where will Tesoro Corporation's stock price be in 2017?
16 equities research analysts have issued 12 month price objectives for Tesoro Corporation's shares. Their forecasts range from $94.00 to $141.00. On average, they anticipate Tesoro Corporation's stock price to reach $109.14 in the next twelve months. View Analyst Ratings for Tesoro Corporation.
What are analysts saying about Tesoro Corporation stock?
Here are some recent quotes from research analysts about Tesoro Corporation stock:
- 1. According to Zacks Investment Research, "Helped by impressive execution of its growth strategy plus improvements in efficiency, Tesoro has maintained its excellent track record of earnings surprise history, outperforming estimates in each of the last 4 quarters. One the largest independent oil refiners in the U.S., a major advantage for TSO is the scale and diversification benefits offered by its portfolio of 7 refineries. We also like TSO's solid long-term competitive position on the supply constrained California market. We view its impending acquisition of fellow downstream operator WNR as positive, given the compelling strategic rationale of the transaction. However, we remain worried by the tepid outlook for refining margins and weaker performance in its marketing unit. As it is, the U.S. refiners are feeling the pinch of higher RFS costs to comply with new cleaner gasoline production rules. These factors form the basis of our cautious stance on TSO." (7/14/2017)
- 2. Simmons analysts commented, "TSO is our top pick within the refining sector and well positioned, in our view, to outperform the peer group near-term on attractive West Coast refining fundamentals vs. other regions. Longer term, we expect that TSO's expected acquisition of WNR and realization of associated synergies to complement its well-diversified asset base will drive the stock towards its sum-of-parts valuation providing meaningful upside potential. The stock is currently trading at a below average EV/EBITDA multiple and has attractive upside to our $102/sh PT." (2/8/2017)
Who are some of Tesoro Corporation's key competitors?
Some companies that are related to Tesoro Corporation include Marathon Petroleum Corporation (MPC), Imperial Oil Ltd (IMO), Sasol (SSL), Hess Corporation (HES), Western Gas Equity Partners, LP (WGP), Markwest Energy Partners LP (MWE), Western Gas Partners, LP (WES), AmeriGas Partners, L.P. (APU), PBF Energy (PBF), Targa Resources Partners LP (NGLS), Crestwood Equity Partners LP (CEQP), CVR Refining, LP (CVRR), Suburban Propane Partners, L.P. (SPH), Cosan Limited (CZZ), NGL ENERGY PARTNERS LP (NGL), American Midstream Partners, LP (AMID), Alon USA Partners, LP (ALDW) and Sprague Resources LP (SRLP).
Who are Tesoro Corporation's key executives?
Tesoro Corporation's management team includes the folowing people:
- Gregory J. Goff, Chairman of the Board, President, Chief Executive Officer
- Steven M. Sterin CPA, Chief Financial Officer, Executive Vice President
- Kim K. W. Rucker, Executive Vice President, General Counsel, Secretary
- Keith M. Casey, Executive Vice President - Marketing and Commercial
- Cynthia J. Warner, Executive Vice President - Operations
- Blane W. Peery, Vice President, Controller
- Stephan E. Tompsett, Vice President, Treasurer
- Susan Tomasky, Lead Independent Director
- Rodney Frank Chase, Independent Director
- Paul L. Foster, Independent Director
How do I buy Tesoro Corporation stock?
Shares of Tesoro Corporation 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 Corporation's stock price today?
MarketBeat Community Rating for Tesoro Corporation (NYSE ANDV)MarketBeat's community ratings are surveys of what our community members think about Tesoro Corporation 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.
One share of Tesoro Corporation stock can currently be purchased for approximately $104.95.
Consensus Ratings for Tesoro Corporation (NYSE:ANDV) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 13 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.81)|
|Consensus Price Target: ||$109.14 (4.00% upside)|Consensus Price Target History for Tesoro Corporation (NYSE:ANDV)
Analysts' Ratings History for Tesoro Corporation (NYSE:ANDV)
(Data available from 10/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/20/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$100.00||Low|
|7/17/2017||Citigroup Inc.||Boost Price Target||Buy||$104.00 -> $109.00||Low|
|7/11/2017||Scotiabank||Set Price Target||Buy||$99.00||Low|
|6/20/2017||Credit Suisse Group||Boost Price Target||Neutral||$100.00 -> $107.00||Low|
|6/13/2017||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Buy -> Buy||$121.00||Medium|
|6/5/2017||Cowen and Company||Reiterated Rating||Outperform||$120.00||Medium|
|6/5/2017||Deutsche Bank AG||Upgrade||Hold -> Buy||$106.00||Medium|
|6/3/2017||Jefferies Group LLC||Set Price Target||Buy||$94.00||High|
|6/2/2017||Barclays PLC||Reiterated Rating||Overweight -> Overweight||$118.00||Low|
|5/30/2017||Morgan Stanley||Upgrade||Equal Weight -> Overweight||$100.00 -> $110.00||Low|
|5/25/2017||Piper Jaffray Companies||Reiterated Rating||Overweight -> Overweight||Medium|
|5/22/2017||US Capital Advisors||Reiterated Rating||Buy||Low|
|4/10/2017||Janney Montgomery Scott||Initiated Coverage||Hold||$141.00||Low|
|2/8/2017||Simmons||Lower Price Target||Overweight||$103.00 -> $102.00||N/A|
|2/2/2017||J P Morgan Chase & Co||Upgrade||Neutral -> Overweight||$99.00||N/A|
|12/12/2016||Wells Fargo & Company||Upgrade||Market Perform -> Outperform||N/A|
|9/26/2016||Bank of America Corporation||Reiterated Rating||Buy||$95.00 -> $109.00||N/A|
|7/11/2016||Howard Weil||Upgrade||Sector Perform -> Sector Outperform||$105.00 -> $93.00||N/A|
|7/5/2016||Mizuho||Boost Price Target||Buy||$67.00 -> $94.00||N/A|
|6/20/2016||Wolfe Research||Upgrade||Market Perform -> Outperform||N/A|
|11/23/2015||Oppenheimer Holdings, Inc.||Boost Price Target||Outperform||$120.00 -> $130.00||N/A|
Earnings History for Tesoro Corporation (NYSE:ANDV)Earnings History by Quarter for Tesoro Corporation (NYSE ANDV)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/8/2017||Q1 2017||$0.36||$0.52||$6.46 billion||$6.64 billion||View||Listen|
|2/6/2017||Q4 2016||($0.14)||$0.66||$7.12 billion||$6.65 billion||View||Listen|
|10/31/2016||Q3||$1.43||$1.43||$6.82 billion||$6.54 billion||View||N/A|
|8/3/2016||Q2||$1.77||$3.47||$5.87 billion||$6.29 billion||View||Listen|
|5/5/2016||Q1||$1.02||$1.19||$4.83 billion||$5.10 billion||View||N/A|
|10/28/2015||Q3||$6.02||$6.48||$7.10 billion||$7.74 billion||View||Listen|
|8/5/2015||Q2||$4.02||$4.59||$6.80 billion||$8.23 billion||View||Listen|
|5/7/2015||Q1||$1.80||$0.98||$5.73 billion||$6.46 billion||View||Listen|
|2/11/2015||Q414||$1.50||$1.46||$8.90 billion||$8.45 billion||View||Listen|
|10/30/2014||Q314||$2.16||$3.11||$11.30 billion||$11.15 billion||View||Listen|
|7/30/2014||Q214||$1.82||$1.70||$9.78 billion||$11.10 billion||View||Listen|
|4/30/2014||Q413||$0.43||$0.64||$8.71 billion||$125.05 billion||View||Listen|
|2/6/2014||Q4||$0.32||$0.04||$8.43 billion||$10.12 billion||View||Listen|
|11/7/2013||Q313||$0.50||$0.44||$8.33 billion||$11.24 billion||View||Listen|
|8/1/2013||Q2 2013||$1.46||$1.56||$7.58 billion||$8.90 billion||View||Listen|
|5/1/2013||Q1 2013||$0.71||$0.73||$6.75 billion||$8.16 billion||View||Listen|
|2/6/2013||Q4 2012||$1.37||$1.34||$6.95 billion||$8.27 billion||View||Listen|
Earnings Estimates for Tesoro Corporation (NYSE:ANDV)
Current Year EPS Consensus Estimate: $6.76 EPS
Next Year EPS Consensus Estimate: $7.87 EPS
Current Dividend Information for Tesoro Corporation (NYSE:ANDV)
|Most Recent Dividend:||9/15/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||83.99% (Trailing 12 Months of Earnings) |
34.91% (Based on This Year's Estimates)
29.99% (Based on Next Year's Estimates)
Dividend History by Quarter for Tesoro Corporation (NYSE ANDV)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Tesoro Corporation (NYSE:ANDV)
Insider Ownership Percentage: 0.86%Insider Trades by Quarter for Tesoro Corporation (NYSE:ANDV)
Institutional Ownership Percentage: 77.43%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/1/2017||David Lilley||Director||Buy||500||$83.16||$41,580.00|| |
|6/1/2017||Steven Sterin||CFO||Buy||1,150||$83.75||$96,312.50|| |
|8/26/2016||Steven Sterin||CFO||Buy||1,100||$73.93||$81,323.00|| |
|5/23/2016||Daryl R Schofield||SVP||Sell||2,660||$80.00||$212,800.00|| |
|5/16/2016||Steven Sterin||CFO||Buy||2,000||$76.88||$153,760.00|| |
|5/9/2016||Edward G Galante||Director||Buy||1,500||$75.27||$112,905.00|| |
|2/5/2016||Steven Sterin||CFO||Buy||1,282||$78.17||$100,213.94|| |
|11/3/2015||Tracy Dawn Jackson||VP||Sell||2,359||$110.00||$259,490.00|| |
|5/21/2015||Charles S Parrish||EVP||Sell||79,800||$90.56||$7,226,688.00|| |
|5/14/2015||Patrick Y Yang||Director||Sell||10,000||$92.01||$920,100.00|| |
|1/23/2015||Arlen O Glenewinkel||VP||Sell||30,300||$80.00||$2,424,000.00|| |
|1/23/2015||Michael E Wiley||Director||Sell||12,000||$80.36||$964,320.00|| |
|11/6/2014||Michael E Wiley||Director||Sell||2,415||$72.38||$174,797.70|| |
|11/3/2014||Rodney F Chase||Director||Sell||26,900||$74.21||$1,996,249.00|| |
|8/25/2014||Arlen O Glenewinkel||VP||Sell||11,000||$65.00||$715,000.00|| |
|8/4/2014||Daryl R Schofield||SVP||Sell||3,853||$60.52||$233,183.56|| |
|5/6/2014||Arlen Glenewinkel||VP||Sell||13,000||$56.00||$728,000.00|| |
|5/5/2014||David Lilley||Director||Buy||2,000||$55.69||$111,380.00|| |
|11/15/2013||G Scott Spendlove||SVP||Sell||3,909||$55.01||$215,034.09|| |
|8/13/2013||Patrick Yang||Director||Buy||4,000||$51.85||$207,400.00|| |
|7/1/2013||Charles S Parrish||EVP||Sell||15,000||$52.64||$789,600.00|| |
|5/20/2013||Daniel Robert Romasko||EVP||Sell||6,396||$65.63||$419,769.48|| |
|5/8/2013||David Lilley||Director||Buy||1,000||$57.97||$57,970.00|| |
|11/5/2012||Rodney F Chase||Director||Buy||25,000||$36.07||$901,750.00|| |
|8/8/2012||Claude A Flagg||SVP||Sell||10,000||$35.00||$350,000.00|| |
|8/8/2012||Tracy Dawn Jackson||VP||Sell||1,011||$35.00||$35,385.00|| |
Headline Trends for Tesoro Corporation (NYSE:ANDV)
Latest Headlines for Tesoro Corporation (NYSE:ANDV)
Tesoro Corporation (ANDV) Chart for Friday, October, 20, 2017