Asset Contributions, Share Repurchase Programs, License Approvals, Clarifications, and Dividends - Research Report on Tesoro,

      Asset Contributions, Share Repurchase Programs, License Approvals,
   Clarifications, and Dividends - Research Report on Tesoro, Phillips 66,
                 InterOil, Delek US, and World Fuel Services

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

PR Newswire

NEW YORK, December 12, 2013

NEW YORK, December 12, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Tesoro
Corporation (NYSE: TSO), Phillips 66 (NYSE: PSX), InterOil Corporation (NYSE:
IOC), Delek US Holdings, Inc. (NYSE: DK), and World Fuel Services Corp. (NYSE:
INT). 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 December 6, 2013, Tesoro Corporation (Tesoro), along with Tesoro Logistics
LP (Tesoro Logistics or the Partnership), announced that it has contributed
the majority of the remaining Los Angeles Logistics Assets owned by Tesoro's
subsidiary, Tesoro Refining & Marketing Company LLC, to Tesoro Logistics.
According to the Company, the total consideration of asset contribution is
$650 million. Tesoro reported that the consideration for the Los Angeles
Logistics Assets contributed to the Partnership since the Los Angeles
Acquisition on June 1, 2013 now totals $1.3 billion. Greg Goff, President and
CEO, Tesoro, stated, "With this sale, Tesoro has funded about half of the $2.4
billion Los Angeles acquisition purchase price with funds generated from sale
of logistics assets embedded in the system of assets acquired." Goff
continued, "Using Tesoro Logistics to fund the acquisition is driving
significant value to Tesoro's shareholders." 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

--

Phillips 66 Research Report

On December 6, 2013, Phillips 66 reported that its board of directors has
approved a new $2 billion share repurchase program. Phillips 66 informed that
the authorization amount totals to $5 billion in share repurchases and raised
quarterly dividends from $0.20 per share to $0.39 per share since Q3 2012.
Greg Garland, Phillips 66 Chairman and CEO, said, "Returning capital to our
shareholders is fundamental to creating value and delivering superior total
shareholder returns." Garland concluded, "Our disciplined capital allocation
process complements these distributions with capital spending and reinvestment
in our higher-valued businesses." The Full Research Report on Phillips 66 -
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/e6e5_PSX

--

InterOil Corporation Research Report

On December 6, 2013, InterOil Corporation (InterOil) announced that the PNG
Department of Petroleum and Energy has approved its application for Petroleum
Retention License 39, which includes the Triceratops discovery. InterOil also
provided further clarification regarding the fixed and variable payments
agreed to with Total S.A., in relation to the sale of a gross 61.3% (net
47.5%, after PNG government back-in of 22.5%) in PRL 15, which includes the
Elk and Antelope fields. The Company stated that fixed payments to InterOil
include $613 million on transaction completion, which is expected in Q1 2014;
$112 million on a final investment decision for a new LNG plant; and $100
million at first LNG cargo from the proposed LNG facility. InterOil further
reported that variable payments for amounts in excess of 3.5 Tcfe for the gas
resource will depend on certification by two independent certifiers following
up to three appraisal wells to be drilled in PRL15, in addition to the
aforementioned fixed amounts. The Company also informed that gas resource
payment for amounts greater than 5.4 Tcfe will be paid at certification. The
Full Research Report on InterOil 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/6758_IOC

--

Delek US Holdings, Inc. Research Report

On December 5, 2013, Delek US Holdings, Inc. (Delek US) announced that its
Board of Directors declared a special cash dividend of $0.10 per share. Delek
US reported that the special cash dividend is payable on January 28, 2014 to
shareholders of record at the close of business on January 7, 2014. Uzi Yemin,
Chairman, President and CEO of Delek US, commented, "Throughout 2013, the
strength of our financial position has given us the flexibility to invest in
our business, raise our regular dividend, pay special dividends and repurchase
shares. We remain focused on continuing to grow our business, while
maintaining our commitment to return value to our shareholders." The Full
Research Report on Delek US Holdings, 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/ad55_DK

--

World Fuel Services Corp. Research Report

On November 26, 2013, World Fuel Services Corp. (World Fuel Services)
announced that its Board of Directors has declared a quarterly cash dividend
of c.$0.04 per share. World Fuel Services reported that the dividend is
payable on January 3, 2014 to shareholders of record on December 13, 2013. The
Full Research Report on World Fuel Services Corp. - 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/a593_INT

----

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