Tesoro Corporation (Tesoro) is an independent petroleum refining and marketing company. The Company operates through three business segments: Refining operating segment (Refining), which owns and operates refineries, and refines crude oil and other feedstocks into transportation fuels; TLLP, a publicly traded limited partnership, which includes certain crude oil and natural gas gathering assets, natural gas processing and crude oil and refined products terminaling, and transportation and storage assets, and marketing segment (Marketing), which sells transportation fuels. The Company's Refining segment owns and operates approximately six petroleum refineries with a combined crude oil capacity of over 850 thousand barrels per day (Mbpd). TLLP's business operates in three segments: Gathering, Processing, and Terminalling and Transportation. The Marketing segment sells transportation fuels in approximately 20 states through a network of approximately 2,270 retail stations.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Refining & Marketing
- Sub-Industry: Oil & Gas Refining & Marketing
- Exchange: NYSE
- Symbol: TSO
- CUSIP: 88160910
- Previous Close: $88.33
- 50 Day Moving Average: $83.89
- 200 Day Moving Average: $82.82
- 52-Week Range: $69.49 - $93.50
- Trailing P/E Ratio: 14.43
- Foreward P/E Ratio: 12.75
- P/E Growth: -0.61
- Market Cap: $10.32B
- Outstanding Shares: 116,788,000
- Beta: 1.69
- Net Margins: 2.99%
- Return on Equity: 9.07%
- Return on Assets: 4.05%
Companies Related to Tesoro:
- Debt-to-Equity Ratio: 0.80%
- Current Ratio: 2.09%
- Quick Ratio: 1.34%
What is Tesoro's stock symbol?
Tesoro trades on the New York Stock Exchange (NYSE) under the ticker symbol "TSO."
How often does Tesoro pay dividends? What is the dividend yield for Tesoro?
Tesoro announced a quarterly dividend on Wednesday, February 8th. Investors of record on Tuesday, February 28th will be paid a dividend of $0.55 per share on Wednesday, March 15th. This represents a $2.20 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date is Friday, February 24th.
Where is Tesoro's stock going? Where will Tesoro's stock price be in 2017?
16 analysts have issued twelve-month price objectives for Tesoro's shares. Their forecasts range from $93.00 to $110.00. On average, they expect Tesoro's share price to reach $100.46 in the next twelve months.
When will Tesoro announce their earnings?
Tesoro is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.
What are analysts saying about Tesoro stock?
Here are some recent quotes from research analysts about Tesoro stock:
- 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)
According to Zacks Investment Research, "Tesoro is one the largest independent oil refiners in the U.S. A major advantage for the company 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 Tesoro's recent acquisition of biorenewables producer Virent as positive, as it will help the downstream operator to develop cleaner fuels – by commercializing the latter's renewable energy technology – and reduce compliance costs. However, we remain worried by the compression in refining margins toward more normal levels. Following a prolonged period of high differentials, crack spreads are set to weaken, which will lead to deteriorating near-term earnings and cash flows. Therefore, while being incrementally more positive on TSO, we would advise investors to wait for a better entry point before buying shares in the company." (9/22/2016)
J P Morgan Chase & Co analysts commented, "TSO reported a tough 2Q on unplanned outages in refining and lowered its FY16 refining efficiency guide by $100mm. The focus on the call was Cali fundamentals (management remains positive), the greater cash percentage of the 2H drop, and the usage of that cash. While the outlook on refining margins is uncertain and California is adjusting to life with Torrance again, TSO seems well positioned to weather the 2H storm with its diversified model and incoming cash." (8/5/2016)
Who owns Tesoro stock?
Tesoro's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (8.11%),
POINT72 ASSET MANAGEMENT, L.P.
(5.60%), AQR Capital Management LLC (2.27%), Dimensional Fund Advisors LP (1.90%), FMR LLC (1.47%) and Artisan Partners Limited Partnership (1.12%). Company insiders that own Tesoro stock include Charles S Parrish, Daryl R Schofield, Edward G Galante, Patrick Y Yang, Steven Sterin and Tracy Dawn Jackson.
Who sold Tesoro stock? Who is selling Tesoro stock?
Tesoro's stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Systematic Financial Management LP, Janus Capital Management LLC, FMR LLC, Numeric Investors LLC, Cipher Capital LP, Pacad Investment Ltd. and Bowling Portfolio Management LLC.
Who bought Tesoro stock? Who is buying Tesoro stock?
Tesoro's stock was acquired by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, Renaissance Technologies LLC, Luminus Management LLC, Marshall Wace LLP, Credit Agricole S A, State Street Corp, NN Investment Partners Holdings N.V. and Guggenheim Capital LLC. Company insiders that have bought Tesoro stock in the last two years include Edward G Galante and Steven Sterin.
How do I buy Tesoro stock?
Shares of Tesoro can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Tesoro stock cost?
One share of Tesoro stock can currently be purchased for approximately $88.33.