Tesoro News

They currently have an outperform rating on the stock. "We reiterate our Outperform rating on TSO and raise our 12-18 price target to $75 from $65 to reflect the Carson City, CA, refinery and related asset acquisition, approved by the regulators last Friday.

Corporation looking to boost their income beyond the stock's 1.3% annualized dividend yield can sell the January 2015 covered call at the $90 strike and collect the premium based on the $4.50 bid, which annualizes to an additional 4.3% rate of return against the current stock price , for a total of 5.6% annualized rate in the scenario where the ... (more)

BP announced today that it expects to complete the sale of its Carson Refinery and Southwest U.S. retail assets to Tesoro Corporation in the second quarter of this year now that the transaction has received U.S. Federal Trade Commission clearance.

May 20, 2013 - Tesoro Logistics LP today announced that it has amended the purchase agreement for the acquisition of Chevron Pipe Line Company's Northwest Products System , reducing the purchase price from $400 million to $355 million.

Tesoro Logistics LP said Monday that it will acquire Chevron Pipe Line Co.'s northwest products system for less than previously expected, citing a March diesel fuel spill involving the system.

Tesoro has been cleared to complete its purchase the BP Carson Refinery and associated assets for $2.4 billion.

Independent western U.S. refiner Tesoro Corp. may take ownership of BP Plc's 240,000-barrel-per-day Carson, Calif., refinery, 800-station retail network and distribution and storage assets as early as June 1, sources familiar with the transaction said on Thursday, according to Reuters.

San Antonio-based refiner Tesoro Corp. may gain ownership of BP Plc's 240,000-barrel-per-day in Carson, Calif., as soon as June 1, news agency Reuters reported Thursday, citing sources familiar with the deal.

The following table lists planned and unplanned production outages at U.S. refineries as reported by Dow Jones Newswires.

The firm currently has an "outperform" rating on the stock. Other equities research analysts have also recently issued reports about the stock.

Those slowdowns caused prices in Kitsap County to skyrocket 24 cents just in the last week, according to auto club AAA.

Since my previous, positive, mention of Western Refining Inc in a piece entitled Updating My Outlook For Western Refining , published December 20, 2012, shares are up just more than 4%. However, at one point, WNR shares had surged more than 30% following my previous mention.

Spot gasoline in Portland , Oregon , surged to the highest level against futures in more than 11 months after Tesoro Corp.

State regulators have approved Hawaii Gas' request to withdraw its application to use liquefied natural gas in its utility gas system to allow both the Honolulu-based firm and the Hawaii Public Utilities Commission to focus their efforts on the review of feedstock supply agreements.

The most recent high for the S&P qualified the market under a 'sell' criteria for my Investing Strategy .

Analysts following the refining sector spent 2012 focusing on the central U.S., where a surge in domestic oil production was creating low prices for those refiners.

's stock had its "buy" rating restated by analysts at Cowen Securities in a research report issued to clients and investors on Thursday, Stock Ratings Network reports.

One of the keys to achieving outperformance as an investor is being aware of and taking advantage of sector rotations within the market.

Tesoro announced a quarterly dividend on Friday, May 3rd, Stock Ratings Network.com reports.

Good day, ladies and gentlemen, and welcome to the Q1 2013 Tesoro Corporation Earnings Conference Call.