Tesoro Corporation Company Profile (NYSE:ANDV)

Tesoro Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "ANDV."

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 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date of this dividend is Tuesday, August 29th. This is an increase from Tesoro Corporation's previous quarterly dividend of $0.55. View Tesoro Corporation's Dividend History.

Tesoro Corporation (NYSE:ANDV) released its earnings results on Monday, October, 31st. The company reported $1.43 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $1.43. The business had revenue of $6.54 billion for the quarter, compared to analysts' expectations of $6.82 billion. Tesoro Corporation had a net margin of 1.22% and a return on equity of 5.24%. Tesoro Corporation's quarterly revenue was down 15.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $6.13 EPS. View Tesoro Corporation's Earnings History.

Tesoro Corporation is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Tesoro Corporation.

17 brokerages have issued 1 year target prices for Tesoro Corporation's stock. Their predictions range from $94.00 to $141.00. On average, they expect Tesoro Corporation's stock price to reach $109.13 in the next year. View Analyst Ratings for Tesoro Corporation.

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)

Some companies that are related to Tesoro Corporation include Valero Energy Corporation (VLO), Marathon Petroleum Corporation (MPC), Imperial Oil Ltd (IMO), Sasol (SSL), Hess Corporation (HES), Cenovus Energy (CVE), 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), Suburban Propane Partners, L.P. (SPH), Cosan Limited (CZZ), Ngl Energy Partners Lp (NGL), CVR Refining, LP (CVRR) and American Midstream Partners, LP (AMID).

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 CBE, Independent Director
• Paul L. Foster, Independent Director

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.

One share of Tesoro Corporation stock can currently be purchased for approximately $104.00.