Completed Divestitures, Reduced Throughput, and Financial Results - Research Report on Tesoro, Hess, Marathon Petroleum,

 Completed Divestitures, Reduced Throughput, and Financial Results - Research
   Report on Tesoro, Hess, Marathon Petroleum, HollyFrontier, and Alon USA

Editor Note: For more information about this release, please scroll to bottom

PR Newswire

NEW YORK, November 14, 2013

NEW YORK, November 14, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Tesoro
Corporation (NYSE: TSO), Hess Corporation (NYSE: HES), Marathon Petroleum
Corporation (NYSE: MPC), HollyFrontier Corporation (NYSE: HFC), and Alon USA
Energy, Inc. (NYSE: ALJ). Today's readers may access these reports free of
charge - including full price targets, industry analysis and analyst ratings -
via the links below.

Tesoro Corporation Research Report

On November 6, 2013, Tesoro Corporation (Tesoro) reported Q3 2013 financial
results. In Q3 2013, the Company generated revenues of $11.2 billion, up 41.5%
YoY. Q3 2013 net earnings attributable to Tesoro were $99 million, or $0.72
per diluted share, compared with $273 million, or $1.92 per diluted share, in
Q3 2012. "The Company was able to drive high refinery utilization and deliver
110% capture of the Tesoro Index during the third quarter, further
demonstrating our commitment to operational efficiency and effectiveness and
commercial excellence," said Greg Goff, President and CEO of Tesoro. "Our
focus remains on the continued execution of our strategic plan and driving
shareholder value creation through strong operating performance and the
delivery of high return capital projects and synergies." The Full Research
Report on Tesoro Corporation - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:

[http://www.analystscorner.com/r/full_research_report/0cef_TSO]

--

Hess Corporation Research Report

On November 1, 2013, Hess Corporation (Hess) announced that it has completed
the sale of its Energy Marketing business to Direct Energy for a total
consideration of $1.2 billion. The Company informed that proceeds were higher
than expected because of increased working capital at closing. The Full
Research Report on Hess Corporation - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at:

[http://www.analystscorner.com/r/full_research_report/bee9_HES]

--

Marathon Petroleum Corporation Research Report

On October 31, 2013, Marathon Petroleum Corporation (Marathon Petroleum)
reported Q3 2013 financial results. In Q3 2013, the Company's total revenues
and other income were up 23.6% YoY to $26.3 billion. Q3 2013 earnings were
$168 million, or $0.54 per diluted share, compared with $1.2 billion, or $3.59
per diluted share, in Q3 2012. "During the quarter, we returned nearly $1.2
billion of capital to our shareholders through a combination of dividends and
share repurchases," said Gary R. Heminger, President and CEO of Marathon
Petroleum. "On Sept. 26, the MPC board of directors approved an additional $2
billion share repurchase authorization through September 2015. This
underscores our ongoing commitment to returning capital to our shareholders on
a sustained basis while making value-enhancing investments in the business."
The Full Research Report on Marathon Petroleum Corporation - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:

[http://www.analystscorner.com/r/full_research_report/cd30_MPC]

--

HollyFrontier Corporation Research Report

On November 11, 2013, HollyFrontier Corporation (HollyFrontier) announced that
its subsidiary is reducing crude throughput at the Navajo Refinery. The
Company informed that the decision has been made due to refinery waste water
constraints. Based on the revised operational plan for the Navajo Refinery,
HollyFrontier's Q4 2013 total crude throughput is expected to be approximately
376,000 barrels per day, based on its current operational guidance. The Full
Research Report on HollyFrontier Corporation - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at:

[http://www.analystscorner.com/r/full_research_report/8838_HFC]

--

Alon USA Energy, Inc. Research Report

On November 7, 2013, Alon USA Energy, Inc. (Alon USA) reported Q3 2013
financial results. In Q3 2013, the Company generated net sales of $1.9
billion, down 19.8% YoY. Q3 2013 net loss available to stockholders was $28.7
million, or $0.47 loss per diluted share, compared with net income available
to stockholders of $43.2 million, or $0.69 per diluted share, in Q3 2012. "Our
third quarter results were impacted by a volatile and deteriorating margin
environment resulting primarily from decreasing discounts for West Texas crude
oil. In addition, our results were affected by backwardation in the crude
market and by unplanned downtime at our Big Spring Refinery during the second
half of September," said Paul Eisman, CEO and President of Alon USA. Eisman
added, "For the fourth quarter of 2013, we expect the throughput at both the
Big Spring and the Krotz Springs refineries to average approximately 72,000
barrels per day." The Full Research Report on Alon USA Energy, Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:

[http://www.analystscorner.com/r/full_research_report/d4da_ALJ]

----

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