Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash to Debt 0.28
TSO's Cash to Debt is ranked higher than
66% of the 188 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 0.41 vs. TSO: 0.28 )
TSO' s 10-Year Cash to Debt Range
Min: 0   Max: 1.24
Current: 0.28

0
1.24
Equity to Asset 0.31
TSO's Equity to Asset is ranked higher than
62% of the 189 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 0.43 vs. TSO: 0.31 )
TSO' s 10-Year Equity to Asset Range
Min: 0.23   Max: 0.57
Current: 0.31

0.23
0.57
Interest Coverage 8.75
TSO's Interest Coverage is ranked higher than
75% of the 120 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 6.83 vs. TSO: 8.75 )
TSO' s 10-Year Interest Coverage Range
Min: 0.9   Max: 17.1
Current: 8.75

0.9
17.1
F-Score: 5
Z-Score: 4.16
M-Score: -1.81
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 3.52
TSO's Operating margin (%) is ranked higher than
83% of the 183 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 1.98 vs. TSO: 3.52 )
TSO' s 10-Year Operating margin (%) Range
Min: -0.34   Max: 7.27
Current: 3.52

-0.34
7.27
Net-margin (%) 1.10
TSO's Net-margin (%) is ranked higher than
73% of the 183 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 1.95 vs. TSO: 1.10 )
TSO' s 10-Year Net-margin (%) Range
Min: -1.64   Max: 7.64
Current: 1.1

-1.64
7.64
ROE (%) 9.58
TSO's ROE (%) is ranked higher than
79% of the 178 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 9.48 vs. TSO: 9.58 )
TSO' s 10-Year ROE (%) Range
Min: -13.18   Max: 32.01
Current: 9.58

-13.18
32.01
ROA (%) 3.08
TSO's ROA (%) is ranked higher than
75% of the 183 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 4.24 vs. TSO: 3.08 )
TSO' s 10-Year ROA (%) Range
Min: -3.11   Max: 13.57
Current: 3.08

-3.11
13.57
ROC (Joel Greenblatt) (%) 17.48
TSO's ROC (Joel Greenblatt) (%) is ranked higher than
83% of the 181 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 8.84 vs. TSO: 17.48 )
TSO' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -1.1   Max: 46.1
Current: 17.48

-1.1
46.1
Revenue Growth (%) 23.20
TSO's Revenue Growth (%) is ranked higher than
91% of the 159 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 9.70 vs. TSO: 23.20 )
TSO' s 10-Year Revenue Growth (%) Range
Min: -2.3   Max: 56.4
Current: 23.2

-2.3
56.4
EBITDA Growth (%) 34.80
TSO's EBITDA Growth (%) is ranked higher than
91% of the 137 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 1.90 vs. TSO: 34.80 )
TSO' s 10-Year EBITDA Growth (%) Range
Min: -38.8   Max: 110.3
Current: 34.8

-38.8
110.3
» TSO's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2013

TSO Guru Trades in Q2 2013

Ron Baron 4,997 sh (+438.47%)
Ray Dalio 384,022 sh (+253.7%)
Louis Moore Bacon 335,000 sh (+191.3%)
Paul Tudor Jones 10,400 sh (+65.08%)
Joel Greenblatt 168,292 sh (+27.38%)
Jean-Marie Eveillard 987,177 sh (+7.79%)
Louis Moore Bacon 300,000 sh (unchged)
Donald Smith 375,668 sh (-24.27%)
Jeremy Grantham 115,784 sh (-26.77%)
T Boone Pickens 64,552 sh (-35.23%)
Jim Simons 209,500 sh (-79.7%)
Steven Cohen 239,867 sh (-80.33%)
» More
Q3 2013

TSO Guru Trades in Q3 2013

John Burbank 8,000 sh (New)
Andreas Halvorsen 723,102 sh (New)
Caxton Associates 90,000 sh (New)
Steven Cohen 3,138,301 sh (+1208.35%)
Ron Baron 5,790 sh (+15.87%)
Louis Moore Bacon 150,000 sh (unchged)
George Soros 375,000 sh (unchged)
Caxton Associates 520,000 sh (unchged)
Ray Dalio Sold Out
Donald Smith 375,543 sh (-0.03%)
Jeremy Grantham 101,705 sh (-12.16%)
Louis Moore Bacon 270,000 sh (-19.4%)
Paul Tudor Jones 7,500 sh (-27.88%)
Jean-Marie Eveillard 371,423 sh (-62.38%)
T Boone Pickens 10,000 sh (-84.51%)
Joel Greenblatt 9,688 sh (-94.24%)
Jim Simons 8,800 sh (-95.8%)
» More
Q4 2013

TSO Guru Trades in Q4 2013

David Dreman 1,314 sh (New)
NWQ Managers 292,659 sh (New)
Pioneer Investments 91,462 sh (New)
Ray Dalio 158,938 sh (New)
Jean-Marie Eveillard 1,753,423 sh (+372.08%)
Andreas Halvorsen 1,813,349 sh (+150.77%)
Ron Baron 8,677 sh (+49.86%)
Caxton Associates 2,500,000 sh (unchged)
Joel Greenblatt Sold Out
John Burbank Sold Out
Jim Simons Sold Out
Donald Smith 355,625 sh (-5.3%)
Paul Tudor Jones 6,296 sh (-16.05%)
Louis Moore Bacon 160,800 sh (-40.44%)
Caxton Associates 37,468 sh (-58.37%)
Jeremy Grantham 17,263 sh (-83.03%)
Steven Cohen 30,662 sh (-99.02%)
» More
Q1 2014

TSO Guru Trades in Q1 2014

George Soros 29,357 sh (New)
Louis Moore Bacon 220,451 sh (+37.1%)
NWQ Managers 293,111 sh (+0.15%)
Jeremy Grantham Sold Out
David Dreman Sold Out
Andreas Halvorsen Sold Out
Pioneer Investments Sold Out
Caxton Associates Sold Out
Donald Smith 355,489 sh (-0.04%)
Paul Tudor Jones 5,292 sh (-15.95%)
Ray Dalio 120,038 sh (-24.47%)
Jean-Marie Eveillard 946,314 sh (-46.03%)
Ron Baron 3,877 sh (-55.32%)
Steven Cohen 11,506 sh (-62.47%)
» More
» Details

Insider Trades

Latest Guru Trades with TSO

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Jean-Marie Eveillard 2014-03-31 Reduce -46.03%0.13%$47.6 - $58.5 $ 61.5418%946314
George Soros 2014-03-31 New Buy0.02%$47.6 - $58.5 $ 61.5418%29357
Ray Dalio 2014-03-31 Reduce -24.47%0.02%$47.6 - $58.5 $ 61.5418%120038
David Dreman 2014-03-31 Sold Out 0.01%$47.6 - $58.5 $ 61.5418%0
Ron Baron 2014-03-31 Reduce -55.32%$47.6 - $58.5 $ 61.5418%3877
Jean-Marie Eveillard 2013-12-31 Add 372.08%0.22%$41.54 - $59.08 $ 61.5418%1753423
Ray Dalio 2013-12-31 New Buy0.08%$41.54 - $59.08 $ 61.5418%158938
David Dreman 2013-12-31 New Buy0.01%$41.54 - $59.08 $ 61.5418%1314
Joel Greenblatt 2013-12-31 Sold Out 0.01%$41.54 - $59.08 $ 61.5418%0
John Burbank 2013-12-31 Sold Out 0.01%$41.54 - $59.08 $ 61.5418%0
Ron Baron 2013-12-31 Add 49.86%$41.54 - $59.08 $ 61.5418%8677
Joel Greenblatt 2013-09-30 Reduce -94.24%0.36%$44.41 - $57.75 $ 61.5423%9688
Ray Dalio 2013-09-30 Sold Out 0.18%$44.41 - $57.75 $ 61.5423%0
Jean-Marie Eveillard 2013-09-30 Reduce -62.38%0.1%$44.41 - $57.75 $ 61.5423%371423
John Burbank 2013-09-30 New Buy0.01%$44.41 - $57.75 $ 61.5423%8000
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Tesoro Corp

Daniel Loeb Comments on Tesoro Corporation - Apr 04, 2013


Tesoro Corporation (TSO) is a $5.7 billion refining and marketing company with assets in the West Coast and Rocky Mountain regions of the US. Tesoro has several characteristics we like in an investment: 1) significant hidden value in high-multiple assets like retail, pipelines, and General Partner interests; 2) impending transactions/projects that are underappreciated by the market; and 3) a shareholder-friendly management team focused on creating value. While it is perhaps unusual to invest in a company following a quarter(Q3 2012) in which the stock appreciated by ~68%, we believe Tesoro remains misunderstood by the market; as evidence, current sell-side analyst price targets range from $35 to $84!

Tesoro trades at one of the lowest multiples (2.6x) in the refining sector on 2012 EBITDA,despite the fact that refining peers are currently “over-earning” due to wide LLS-WTI spreads. In contrast, the bulk of Tesoro’s portfolio (West Coast) is earning margins consistent with historical levels, while the company’s two Mid-Continent assets (Mandan,ND and Salt Lake City, UT) should continue to experience wide crude discounts given their niche positions and distance from coastal markets. Contrary to our expectations for other refiners, we see Tesoro’s earnings rising in the coming years, notwithstanding shrinking WTI-LLS spreads. Part of this earnings growth will come from the pending acquisition of BP’s 266kbpd Carson refinery. After deducting working capital and ~$1.125 billion of logistics and retail value, Tesoro paid about $50 million for a refinery that is estimated to generate $375 million of EBITDA and yield an additional ~$250 million in annual synergies. We expect this deal to be approved by regulators in the first half of 2013. Finally, Tesoro is one of the last refining companies to begin returning meaningful amounts of cash to shareholders.

The company should continue to repurchase significant amounts of its undervalued stock in the near-term and subsequently use a combination of regular and special dividends to distribute excess cash to shareholders.Using conservative assumptions, we see Tesoro generating about $9 per share in annual excess FCF on a normalized basis and our expectation is that shares can double from the current price of $40. We believe the Q3 story was only the beginning, and are happy to own Tesoro for its next few chapters.

From Daniel Loeb’s fourth quarter commentary.


Check out Daniel Loeb latest stock trades

Daniel Loeb Comments on Tesoro Corporation - Jan 09, 2013

New Equity Position: Tesoro Corporation
Tesoro Corporation (TSO) is a $5.7 billion refining and marketing company with assets in the West Coast and Rocky Mountain regions of the US. Tesoro has several characteristics we like in an investment: 1) significant hidden value in high-multiple assets like retail, pipelines, and General Partner interests; 2) impending transactions/projects that are underappreciated by the market; and 3) a shareholder-friendly management team focused on creating value. While it is perhaps unusual to invest in a company following a quarter (Q3 2012) in which the stock appreciated by ~68%, we believe Tesoro remains misunderstood by the market; as evidence, current sell-side analyst price targets range from $35 to $84!

Tesoro trades at one of the lowest multiples (2.6x) in the refining sector on 2012 EBITDA, despite the fact that refining peers are currently “over-earning” due to wide LLS-WTI spreads. In contrast, the bulk of Tesoro’s portfolio (West Coast) is earning margins consistent with historical levels, while the company’s two Mid-Continent assets (Mandan, ND and Salt Lake City, UT) should continue to experience wide crude discounts given their niche positions and distance from coastal markets. Contrary to our expectations for other refiners, we see Tesoro’s earnings rising in the coming years, notwithstanding shrinking WTI-LLS spreads.

Part of this earnings growth will come from the pending acquisition of BP’s 266kbpd Carson refinery. After deducting working capital and ~$1.125 billion of logistics and retail value, Tesoro paid about $50 million for a refinery that is estimated to generate $375 million of EBITDA and yield an additional ~$250 million in annual synergies. We expect this deal to be approved by regulators in the first half of 2013. Finally, Tesoro is one of the last refining companies to begin returning meaningful amounts of cash to shareholders. The company should continue to repurchase significant amounts of its undervalued stock in the near-term and subsequently use a combination of regular and special dividends to distribute excess cash to shareholders.

Using conservative assumptions, we see Tesoro generating about $9 per share in annual excess FCF on a normalized basis and our expectation is that shares can double from the current price of $40. We believe the Q3 story was only the beginning, and are happy to own Tesoro for its next few chapters.

From Daniel Loeb's Third Point fourth quarter investor letter.


Check out Daniel Loeb latest stock trades

Ratios

vs
industry
vs
history
P/E(ttm) 21.50
TSO's P/E(ttm) is ranked higher than
75% of the 198 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 19.90 vs. TSO: 21.50 )
TSO' s 10-Year P/E(ttm) Range
Min: 4.05   Max: 21.5
Current: 21.5

4.05
21.5
P/B 1.90
TSO's P/B is ranked higher than
71% of the 198 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 1.54 vs. TSO: 1.90 )
TSO' s 10-Year P/B Range
Min: 0.34   Max: 3.11
Current: 1.9

0.34
3.11
P/S 0.20
TSO's P/S is ranked higher than
83% of the 198 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 0.27 vs. TSO: 0.20 )
TSO' s 10-Year P/S Range
Min: 0.04   Max: 0.47
Current: 0.2

0.04
0.47
EV-to-EBIT 8.07
TSO's EV-to-EBIT is ranked higher than
93% of the 198 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 20.94 vs. TSO: 8.07 )
TSO' s 10-Year EV-to-EBIT Range
Min: 2.7   Max: 34.1
Current: 8.07

2.7
34.1
PEG 0.50
TSO's PEG is ranked higher than
93% of the 198 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 9999.00 vs. TSO: 0.50 )
TSO' s 10-Year PEG Range
Min: 0.09   Max: 6.29
Current: 0.5

0.09
6.29
Shiller P/E 25.90
TSO's Shiller P/E is ranked higher than
84% of the 198 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 9999.00 vs. TSO: 25.90 )
TSO' s 10-Year Shiller P/E Range
Min: 2.38   Max: 31.34
Current: 25.9

2.38
31.34
Current Ratio 1.50
TSO's Current Ratio is ranked higher than
81% of the 191 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 1.33 vs. TSO: 1.50 )
TSO' s 10-Year Current Ratio Range
Min: 0.98   Max: 2.41
Current: 1.5

0.98
2.41
Quick Ratio 0.74
TSO's Quick Ratio is ranked higher than
70% of the 191 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 0.84 vs. TSO: 0.74 )
TSO' s 10-Year Quick Ratio Range
Min: 0.56   Max: 1.64
Current: 0.74

0.56
1.64

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.60
TSO's Dividend Yield is ranked lower than
70% of the 159 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 2.47 vs. TSO: 1.60 )
TSO' s 10-Year Dividend Yield Range
Min: 0.05   Max: 5.09
Current: 1.6

0.05
5.09
Dividend Payout 0.52
TSO's Dividend Payout is ranked higher than
87% of the 198 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 2.74 vs. TSO: 0.52 )
TSO' s 10-Year Dividend Payout Range
Min: 0.01   Max: 3.33
Current: 0.52

0.01
3.33
Yield on cost (5-Year) 1.60
TSO's Yield on cost (5-Year) is ranked lower than
68% of the 158 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 2.50 vs. TSO: 1.60 )
TSO' s 10-Year Yield on cost (5-Year) Range
Min: 0.05   Max: 5.09
Current: 1.6

0.05
5.09
Share Buyback Rate 0.80
TSO's Share Buyback Rate is ranked higher than
90% of the 91 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: -1.60 vs. TSO: 0.80 )
TSO' s 10-Year Share Buyback Rate Range
Min: 0.8   Max: -22.6
Current: 0.8

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.90
TSO's Price/Tangible Book is ranked higher than
76% of the 198 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 1.84 vs. TSO: 1.90 )
TSO' s 10-Year Price/Tangible Book Range
Min: 0.28   Max: 2.9
Current: 1.9

0.28
2.9
Price/DCF (Projected) 1.00
TSO's Price/DCF (Projected) is ranked higher than
91% of the 198 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 54.50 vs. TSO: 1.00 )
TSO' s 10-Year Price/DCF (Projected) Range
Min: 0.19   Max: 1.33
Current: 1

0.19
1.33
Price/Median PS Value 1.20
TSO's Price/Median PS Value is ranked higher than
70% of the 198 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 1.00 vs. TSO: 1.20 )
TSO' s 10-Year Price/Median PS Value Range
Min: 0.14   Max: 3.45
Current: 1.2

0.14
3.45
Price/Peter Lynch Fair Value 0.90
TSO's Price/Peter Lynch Fair Value is ranked higher than
95% of the 198 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 9999.00 vs. TSO: 0.90 )
TSO' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.21   Max: 1.79
Current: 0.9

0.21
1.79
Price/Graham Number 1.30
TSO's Price/Graham Number is ranked higher than
81% of the 198 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 1.39 vs. TSO: 1.30 )
TSO' s 10-Year Price/Graham Number Range
Min: 0.31   Max: 4.28
Current: 1.3

0.31
4.28
Earnings Yield (Greenblatt) 12.40
TSO's Earnings Yield (Greenblatt) is ranked higher than
89% of the 171 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 6.00 vs. TSO: 12.40 )
TSO' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.9   Max: 37.2
Current: 12.4

2.9
37.2
Forward Rate of Return (Yacktman) 53.26
TSO's Forward Rate of Return (Yacktman) is ranked higher than
95% of the 139 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 6.81 vs. TSO: 53.26 )
TSO' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -42.6   Max: 69.8
Current: 53.26

-42.6
69.8

Business Description

Industry: Oil & Gas - Refining & Marketing » Oil & Gas Refining & Marketing
Compare:IMO, NGL, MPC, VLO, JXHLY » details
Traded in other countries:TX5.Germany
Tesoro Corporation was incorporated in Delaware in 1968 under the name Tesoro Petroleum Corporation. On November 8, 2004, its name was changed to Tesoro Corporation. The Company is an independent petroleum refiner and marketer in the United States with two operating segments - refining crude oil and other feedstocks and selling petroleum products in bulk and wholesale markets and selling motor fuels and convenience products in the retail market. Through its refining segment, the Company produces refined products, primarily gasoline and gasoline blendstocks, jet fuel, diesel fuel and heavy fuel oils for sale to a variety of commercial customers in the western and mid-continental United States. Retail segment distributes motor fuels through a network of gas stations, primarily under the Tesoro, Shell, and USA GasolineTM brands. Tesoro owns and operates seven petroleum refineries, located in California, Alaska and Washington Hawaii and North Dakota and Utah, and sells refined products to a variety of customers in the western and mid-continental United States. Its refineries produce a high proportion of refined product sales volumes, and it purchases the remainder from other refiners and suppliers. Tesoro purchases crude oil and other feedstocks for refineries from a diversified supply of domestic and foreign sources through term agreements with renewal provisions and in the spot market. Refining yield represents production volumes of refined products consisting primarily of gasoline and gasoline blendstocks, jet fuel, diesel fuel and heavy fuel oils. The Company also manufactures other products, including liquefied petroleum gas, petroleum coke and asphalt. The Company sells refined products including gasoline and gasoline blendstocks, jet fuel, diesel fuel, heavy oil and residual products in both the bulk and wholesale markets. Through its network of retail stations, it sells gasoline and diesel fuel in the western and mid-continental United States. All of the Company's operations, like those of other companies engaged in similar businesses, face frequently changing federal, state, regional and local laws, regulations and ordinances relating to the protection of the environment, including those governing emissions or discharges to the air and water, the handling and disposal of solid and hazardous wastes and the remediation of contamination.
» More Articles for TSO

Headlines

Articles On GuruFocus.com
Valero Energy: A Good Value Investment May 26 2014 
A Peter Lynch and Daniel Loeb Recommended Stock Apr 22 2014 
Daniel Loeb Comments on Tesoro Corporation Apr 04 2013 
Not cheap Apr 04 2013 
Daniel Loeb Comments on Tesoro Corporation Jan 09 2013 
George Soros Stocks with Highest Earnings Yield Jun 29 2012 
5 Excellent Picks for 2012 Mar 30 2012 
3 Oil & Gas Stocks To Buy, 2 to Skip Mar 04 2012 
David Tepper's Low-P/E Stocks: VLO, TSO, HFC, UAL, BP Feb 15 2012 
technicals Nov 12 2011 


More From Other Websites
Tesoro (TSO) Misses Q2 Earnings Estimates, Raises Dividend Jul 31 2014
Tesoro Corp Earnings Call scheduled for 8:30 am ET today Jul 31 2014
TESORO CORP /NEW/ Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits Jul 31 2014
Tesoro says Q2 net income dips slightly to $224 million Jul 30 2014
Tesoro Corp. 2Q profit falls 1.3 percent Jul 30 2014
Tesoro Corp. 2Q profit falls 1.3 percent Jul 30 2014
Tesoro Corporation Reports 2014 Second Quarter Results Jul 30 2014
[$$] Tesoro's Second-Quarter Earnings Fall 1% Jul 30 2014
TESORO CORP /NEW/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Jul 30 2014
5:00 pm Tesoro misses by $0.13, beats on revs; New $1.0 billion share repurchase program authorized Jul 30 2014
Tesoro Corporation Reports 2014 Second Quarter Results Jul 30 2014
Q2 2014 Tesoro Corporation Earnings Release - After Market Close Jul 30 2014
Oil Prices Dropping, Refiners Sink Jul 28 2014
Tesoro Logistics LP Announces Quarterly Distribution Jul 24 2014
[video] Refiners Are A No-No Right Now, Stick With U.S. Oil Exploration Companies Jul 24 2014
Tesoro Logistics, L.P. -- Moody's upgrades Tesoro Logistics' CFR to Ba2 Jul 22 2014
Tesoro Corporation Announces New Petrochemical Feedstock Project Jul 22 2014
TESORO CORP /NEW/ Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits Jul 21 2014
Tesoro Corporation Announces New Petrochemical Feedstock Project Jul 21 2014
Refiners in U.S. Run Record Crude as Plants Cash in on Cheap Oil Jul 16 2014

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide