Research: Tesoro Corp
Tesoro Corporation (Tesoro) is an independent refiner and marketer of petroleum products with two major operating segments: Refining and Retail. Through its refining segment, the Company manufactures products, primarily gasoline and gasoline blendstocks, jet fuel, diesel fuel and heavy fuel oils for sale to a variety of commercial customers principally in the mid-continental and western United States. It operates six refineries in the United States with a combined rated crude oil capacity of 558,000 barrels per day (bpd). During the year ended December 31, 2004, approximately 50% of the Company's total refining throughput was heavy crude oil. Its retail segment distributes motor fuels through a network of branded gas stations, primarily trading under the Tesoro and Mirastar brands. The Company markets its products to wholesale and retail customers, as well as commercial end users.
Click here to sign up for a Caris Research Account
7/30/2010
(TSO) TSO (Caris Price Target Change) 2Q Beats Expectations, Cost Cuts Set, Boosting PT to $16
No introduction text is currently available for this report.
7/20/2010
(TSO) TSO (Caris Update) 2Q10 Earnings Preview: Cost Reductions on Tap; Cutting 2Q Expectations; Retain 2/AA, $15 PT
No introduction text is currently available for this report.
6/24/2010
(TSO) TSO (Caris Ratings Change) New President Ready to Hit the Ground Running; Upgrading to 2/AA; Boosting PT to $15
No introduction text is currently available for this report.
6/01/2010
(TSO) TSO (Caris Ratings Change) Upgrading to 3/A; Retain $12.50 PT
No introduction text is currently available for this report.
5/04/2010
(TSO) TSO (Caris Update) New Management at the Helm; Retain 4/BA, $12.50 PT
No introduction text is currently available for this report.
4/05/2010
(TSO) TSO (Caris Ratings Change) Downgrading to 4/BA from 2/AA; Fire Kills Five at Anacortes Refinery , Old: $15, New: $12.50
No introduction text is currently available for this report.
3/24/2010
(TSO) TSO (Caris Ratings Change)-Upgrading to 2/AA from 4/BA; Announcement on Succession Plans Imminent; PT to $15 from $11
No introduction text is currently available for this report.
2/08/2010
(TSO) TSO (Caris Update )-Slashing ’10 EPS; Dividend Suspended, Capital Budget Cut; Retain $11 PT
No introduction text is currently available for this report.
11/16/2009
(TSO) TSO - Building Value via Organic Growth
No introduction text is currently available for this report.
7/30/2009
(TSO) TSO-No Sign of Light in the Tunnel; Slashing EPS Estimates, Retain 4/BA
No introduction text is currently available for this report.
Depending on the investment objectives and financial information specific to your situation, the investments discussed or recommended on this website may or may not be suitable for you. It is your responsibility to consider any investment decision carefully. The information contained on this website should not be construed as advice designed to meet the particular needs of any investor. Past performance is not necessarily indicative of future performance, and does not guarantee future results. The price and/or value of any security noted directly or indirectly on this website may fluctuate adversely to your interests, and/or those of other investors. Caris & Company accepts no liability whatsoever for loss or damage of any sort arising out of use of all or part of any information on this website.