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Tesoro - Earnings Disappoint On One-Time ChargesThe Value Investor • Wed, Nov 7, 2012
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Tesoro's Dividend, Growth Opportunities, And Cheap Valuation Make It A BuyQineqt • Thu, Aug 23, 2012
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Tesoro Subsidiary to Launch IPOZacks Investment Research • Thu, Apr 14, 2011
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Earnings Scorecard: Tesoro CorporationZacks Investment Research • Mon, Nov 15, 2010
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Strategy Sees Tesoro Breaking RangeoptionMONSTER • Thu, Aug 5, 2010
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Tesoro's CEO Hosts 2012 Analyst and Investor Day Conference (Transcript)Wed, Dec 12, 2012
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Tesoro Management Discusses Q2 2012 Results - Earnings Call TranscriptThu, Aug 2, 2012 • 1 Comment
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Tesoro's CEO Discusses Q1 2012 Results - Earnings Call TranscriptThu, May 3, 2012
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Tesoro's CEO Discusses Q3 2011 Results - Earnings Call TranscriptThu, Nov 3, 2011
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Tesoro's CEO Discusses Q2 2011 Results - Earnings Call TranscriptThu, Aug 4, 2011
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Tesoro's CEO Discusses Q1 2011 Results - Earnings Call TranscriptThu, May 5, 2011
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Tesoro CEO Discusses Q3 2010 Results - Earnings Call TranscriptFri, Nov 5, 2010
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Tesoro Corp Q2 2010 Earnings Call TranscriptThu, Jul 29, 2010
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Tesoro Corporation Q1 2010 Earnings Call TranscriptFri, Apr 30, 2010
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Tesoro Corp. Q4 2009 Earnings Call TranscriptWed, Feb 3, 2010 • 1 Comment
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Tesoro Corp. Q3 2009 Earnings Call Transcript.Mon, Nov 9, 2009
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Tesoro Corporation Q2 2009 Earnings Call TranscriptThu, Jul 30, 2009
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Tesoro Corporation Q1 2009 Earnings Call TranscriptThu, May 7, 2009
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at MarketWatch.com (Wed, 5:01PM)
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at MarketWatch.com (Fri, 4:53PM)
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at MarketWatch.com (Jun 12, 2013)
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at MarketWatch.com (Jun 3, 2013)
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at MarketWatch.com (May 31, 2013)
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at Fox Business (May 31, 2013)
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at MarketWatch.com (May 21, 2013)
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at MarketWatch.com (May 17, 2013)
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at MarketWatch.com (May 17, 2013)
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at MarketWatch.com (May 15, 2013)
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at CNBC.com (May 14, 2013)
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at MarketWatch.com (May 13, 2013)
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at MarketWatch.com (May 10, 2013)
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at MarketWatch.com (May 10, 2013)
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at MarketWatch.com (May 6, 2013)
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at MarketWatch.com (May 2, 2013)
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at MarketWatch.com (May 2, 2013)
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at CNBC.com (May 2, 2013)
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at CNBC.com (May 2, 2013)
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at MarketWatch.com (May 1, 2013)
TSO vs. ETF Alternatives
Company Description
Tesoro Corporation (“Tesoro”) was incorporated in Delaware in 1968. Based in San Antonio, Texas, we are one of the largest independent petroleum refiners and marketers in the United States. Our subsidiaries, operating through two business segments, primarily manufacture and sell transportation... More
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Tuesday, June 18, 9:29 AM Tesoro (TSO) said late Monday it struck a deal to sell its Kapolei refinery and other assets in Hawaii to Par Petroleum (PARR.OB) for $300M-$350M. Par will pay TSO $75M, plus working capital of $225M-$275M, for the idled 94K bbl/day refinery; the deal includes the purchase of retail stores and associated logistics. Comment! [Energy]
- Monday, June 17, 3:50 PM Tesoro Logistics (TLLP +1.1%) agrees to sell its light petroleum products terminal in Idaho to settle the FTC's conditions for acquiring Chevron's (CVX) Northwest Products pipeline and terminal assets. The FTC had said the acquisition would give TLLP ownership of two of the three full service light petroleum terminals in Boise, significantly reducing competition for local terminal services. Tesoro (TSO) also +1.1%. Comment! [Energy]
- Tuesday, June 4, 4:41 PM Moody's cuts its ratings on Tesoro's (TSO) senior unsecured notes to Ba2 from Ba1 while affirming TSO's corporate credit rating at Ba1 and revising the outlook to stable from negative. The moves reflect the rating firm's assumption TSO will generate sufficient free cash flow to meaningfully reduce debt incurred to buy BP's Carson refinery and return credit metrics to within management's target range. Comment! [Energy]
- Monday, June 3, 10:28 AM BP (BP +0.7%) completes the sale of its Carson, Calif., refinery and other assets to Tesoro (TSO) for $2.4B. BP will keep business ties to California, including ARCO's retail and logistics operation that includes ~270 retail sites. Also, BP's sale of ~$1B in North Sea assets to Abu Dhabi's Taqa is nearly complete, and the U.K. ambassador to Algeria says BP is committed to the country despite delaying two projects after January's terrorist attack. 1 Comment [Energy]
- Friday, May 31, 2:08 PM Kinder Morgan Partners (KMP -1.6%) cancels plans for the 277K bbl/day Freedom pipeline that would have given refiners on the U.S. west coast such as Valero (VLO) and Tesoro (TSO) a direct stream of West Texas crude. KMP says it did not receive enough interest to commit to building the $2B project, and will switch its focus to crude-by-rail projects in Texas and California. 3 Comments [Energy, On the Move]
- Thursday, May 30, 2:12 PM Tesoro (TSO) agrees to pay $1.1M to resolve claims it failed to comply with Clean Air Act requirements at four refineries, the U.S. Environmental Protection Agency says. TSO says the allegations related mostly to testing of gasoline batches and reporting of gasoline quality to the EPA during 2003-06. Comment! [Energy]
- Friday, May 24, 2:28 PM Rail is no longer seen as just a stopgap for transporting oil until pipelines are built. Case in point: Kinder Morgan Partners' (KMP) proposed 277K bbl/day Freedom pipeline would be the first to bring light, sweet oil from Texas' Permian Basin to California, but refiners Valero (VLO), Tesoro (TSO) and Phillips 66 (PSX) won't sign contracts to use Freedom, preferring the flexibility of rail cars and barges. 28 Comments [Energy]
- Monday, May 20, 4:54 PM Tesoro Logistics (TLLP) says it will buy Chevron’s (CVX) 760-mile Northwest Products pipeline system for $355M, less than the $400M previously expected, citing a March diesel fuel spill involving the system. CVX will retain liabilities and responsibility for the cleanup of the site near Willard, Utah, for two years. 1 Comment [Energy]
- Monday, May 20, 2:54 PM Tesoro (TSO +4.6%) seems to be benefiting from several favorable analyst notes today, including Barclays' big target price boost to $120 from $92, which the firm says may prove conservative since its calculations did not include any target synergy benefit. UBS and Macquarie also hike their price targets, the latter saying it sees no other U.S. independent refiner posting an equivalent execution track record. 1 Comment [Energy, Quick Ideas, On the Move]
- Monday, May 20, 8:47 AM Tesoro's (TSO) price target is raised to a Street-high $120 at Barclays, reflecting the inclusion of the BP Carson, Calif., refinery and associated retail and logistics assets into its 2013-14 earnings estimates. The firm is "impressed by management's well-executed strategy and approach given the difficult regulatory approval process in California." TSO +1.1% premarket. 1 Comment [Energy, Quick Ideas]
- Friday, May 17, 2:21 PM Tesoro (TSO +5.3%) says the FTC approved its purchase of BP's 240K bbl/day Carson, Calif., refinery and other assets. The commission found the deal would not substantially lessen competition among seven refiners for gasoline in California, the largest U.S. gasoline market. Tesoro Logistics (TLLP +3.5%) will acquire the first portion of Carson logistics assets from TSO for $640M. Comment! [Energy, On the Move]
- Thursday, May 16, 2:46 PM Tesoro (TSO +0.8%) may take ownership of BP's (BP -0.2%) 240K bbl/day Carson, Calif., refinery and other assets as early as June 1, Reuters reports. Federal and state regulators have been reviewing TSO's planned $2.5B purchase of the refinery and assets since the deal was announced in August. 1 Comment [Energy]
- Wednesday, May 15, 6:03 PM Third Point discloses new positions in: Anadarko Petroleum (APC), BE Aerospace (BEAV), Cabot Oil (COG), Chimera Investment (CIM), Hess (HES), Hilshire Brands (HSH), Tiffany (TIF), Thermo Fisher (TMO), and Virgin Media (MMED). It raises stakes in: AbbVie (ABBV) and International Paper (IP), and exits Abbott Labs (ABT), Capital One (COF), Coca-Cola Enterprises (CCE), Herbalife (HLF), Illumina (ILMN), MetLife (MET), Morgan Stanley (MS) and Tesoro (TSO). (13-F) 4 Comments
- Monday, May 6, 6:30 PM All but three refiners are net-cash today, with average free-cash yield of ~11% on mid-cycle earnings whose managements have substantial firepower to defend against share-price weakness, Credit Suisse notes, finding the most value in Marathon Petroleum (MPC) and Tesoro (TSO); it reinstates Valero (VLO) at Neutral. Also, Western Refining (WNR) is upgraded, and Alon USA (ALJ) is cut to Underperform. 1 Comment [Energy, Quick Ideas]
- Thursday, May 2, 3:51 PM Tesoro (TSO +5.9%) is nearing the end of the regulatory review of its planned purchase of BP's 240K bbl/day Carson, Calif., refinery, CEO Greg Goff says in today's conference call. TSO says it plans to combine the plant with its 103K bbl/day Wilmington refinery; the purchase is expected to take place by the end of this quarter. Comment! [Energy, On the Move]
- Wednesday, May 1, 5:43 PM More on Tesoro's (TSO) Q1 results: Says it has completed a major portion of its planned turnaround activity for the year and developed the next phase of its west coast crude strategy with the formation of the Tesoro-Savage JV. Gross refining margin rose to $13.68/bbl from $12.15 a year earlier. Total refining throughput rose 9.5% to 579K bbl/day. Operating expenses rose 15%. Comment! [Energy, Earnings]
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Perkins Cove: Just pullin' your chain....grin. Lots of DT opportunities out there, impossible to list them all. I too like to pick 3, plus $UVXY & $XIV. -
Perkins Cove: Out of my 3, $TSRX was the best, but all its movement was in premkt so far. Somebody sold 10k blocks from $7.60 down to $6.90.
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Jim Van Meerten
$TSO - 100% Barchart technical buy signals - 10 new highs and up 20.86% in the last month - Relative Strength Index 72.62% - View all 7 replies
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Jim Van Meerten: I'm a momentum investor and ride the wave of as long as it lasts -
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Michael Filloon
$TSO earnings tomorrow. Should tell us how well oil is being railed from Canada to California. - View all 1 replies
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Marine85: Mike, great job on SA. Do you have an opinion of the Canol Shale play in the NWT, Canada, and MGM Energy?
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- View all 6 replies
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Hue101: mIKE, YOU REALLY HAVE SOME GREAT INSIGHT TO THIS SECTOR AND POSITIONS... -
LATEST REPLIES
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- View all 4 replies
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Perkins Cove: Just pullin' your chain....grin. Lots of DT opportunities out there, impossible to list them all. I too like to pick 3, plus $UVXY & $XIV. -
Perkins Cove: Out of my 3, $TSRX was the best, but all its movement was in premkt so far. Somebody sold 10k blocks from $7.60 down to $6.90.
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Jim Van Meerten
$TSO - 100% Barchart technical buy signals - 10 new highs and up 20.86% in the last month - Relative Strength Index 72.62% - View all 7 replies
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Jim Van Meerten: I'm a momentum investor and ride the wave of as long as it lasts -
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Michael Filloon
$TSO earnings tomorrow. Should tell us how well oil is being railed from Canada to California. - View all 1 replies
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Marine85: Mike, great job on SA. Do you have an opinion of the Canol Shale play in the NWT, Canada, and MGM Energy?
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- View all 6 replies
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Hue101: mIKE, YOU REALLY HAVE SOME GREAT INSIGHT TO THIS SECTOR AND POSITIONS... -
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- View all 4 replies
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Energysystems: Can't go wrong with either DEO or XOM, don't know about TSO but those other 2 I plan on holding forever lol -
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Jim Van Meerten
TSO - 100% Barchart technical buy signal - 10 new highs and up 41.80% in the last month - Relative Strength Index 89.74% - View all 2 replies
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fla6987: Why would i buy something with an RSI of almost 90? shouldn't you wait for a pullback? -
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MagicDiligence
New article: Cracking Open Two Magic Formula Oil Refiners $HFC $WNR $TSO $VLO http://bit.ly/N457Gd - View all 1 replies
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Bob de'Long: oooooooooogh magic. Does it work better than astrology? Do You Believe in Magic? Just a Spoonful http://bit.ly/MaQbJt
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Timo57: Hey , Ocean Man, it's even rallying, loosely speaking. First time since the spinoff and with strength. I'm staying long


