In the process, units of Tesoro Logistics have also outperformed the 50 and 200-day moving averages.
FORBES: Tesoro Logistics Jumps 30% Since June, Still Yields 4.2%
With drop-down acquisitions supporting further distribution growth, Tesoro looks poised to add to its gains.
FORBES: Tesoro Logistics Jumps 30% Since June, Still Yields 4.2%
Additional debt Tesoro takes on will be paid down rapidly with free cash flow.
Most analysts think investors should stand pat on Tesoro, with six of 12 analysts rating it hold.
Tesoro Logistics LP shares are currently trading up about 0.7% on the day.
Tesoro Logistics LP shares are currently trading up about 1.2% on the day.
Tesoro Logistics LP shares are currently trading up about 5.2% on the day.
Tesoro Corporation shares are currently trading down about 3.6% on the day.
Tesoro Corporation shares are currently trading down about 4.9% on the day.
Additionally, Tesoro Logistics has a trailing 12-month return on equity (ROE) of 43.3%, almost four times the peer group average of 11.1%.
FORBES: Tesoro Logistics Jumps 30% Since June, Still Yields 4.2%
Tesoro Corporation shares are currently trading off about 5.7% on the day.
Tesoro Corporation shares are currently trading down about 1.3% on the day.
Units of Tesoro Logistics are going for about 22.3 times forward estimates, which seems a bit pricey but should not disappoint investors given the strong earnings projections.
FORBES: Tesoro Logistics Jumps 30% Since June, Still Yields 4.2%
Over the past year, Valero is up 63%, HollyFrontier Corporation (NYSE:HFC) is up 49%, Tesoro Corporation (NYSE:TSO) is up 103%, and Marathon Petroleum Corporation (NYSE:MPC) is up 93%.
Cada cultura es diferente, y ello constituye un valioso tesoro, pero la humanidad sigue siendo una sola, unida en torno a una serie de valores y derechos humanos.
"Names were challenged even down to the wire, " says Tesoro.
Refining companies Valero Energy, Sunoco and Tesoro all took a hit financially during that time (the most recent period for which data are available) largely because of high crude prices.
Checking into the country hotel Villa il Tesoro outside Massa Marittima one afternoon, I stepped into the reception room to deafening noise and people shouting to be heard on the other side of a door.
"We thought readers would be interested in knowing not just who in Asia wields the most influence, but the pecking order, " says Staff Writer Jose Manuel Tesoro, who organized this week's Cover Story.
Depending on how serious the destruction is, look for shares of U.S. refiners like Valero, Tesoro, Marathon Petroleum and Phillips 66 to climb Monday on the expectation of tighter gasoline supplies (and higher prices) in the hemisphere.
FORBES: Deadly Venezuela Refinery Blast Likely To Increase Demand For U.S. Gasoline
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