Last $55.10 USD
Change Today +0.1926 / 0.35%
Volume 73.7K
TLLP On Other Exchanges
Symbol
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As of 12:02 PM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

tesoro logistics lp (TLLP) Snapshot

Open
$55.15
Previous Close
$54.91
Day High
$55.98
Day Low
$54.87
52 Week High
06/11/14 - $75.55
52 Week Low
12/16/14 - $49.01
Market Cap
4.4B
Average Volume 10 Days
389.0K
EPS TTM
$1.87
Shares Outstanding
80.1M
EX-Date
01/29/15
P/E TM
29.5x
Dividend
$2.67
Dividend Yield
4.38%
Current Stock Chart for TESORO LOGISTICS LP (TLLP)

tesoro logistics lp (TLLP) Related Businessweek News

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tesoro logistics lp (TLLP) Details

Tesoro Logistics LP owns, operates, develops, and acquires logistics assets related to crude oil and refined products in the United States. It operates in two segments, Crude Oil Gathering, and Terminalling and Transportation. The Crude Oil Gathering segment consists of a crude oil gathering system in the Bakken Shale/Williston Basin area of North Dakota and Montana, which gathers and transports crude oil from various production locations. The Terminalling and Transportation segment owns and operates the northwest products pipeline and a jet fuel pipeline; 20 crude oil and refined products terminals and storage facilities in the western and midwestern United States; 4 marine terminals in California; a rail-car unloading facility in Washington; a petroleum coke handling and storage facility in Los Angeles; and other pipelines, which transport products and crude oil from refineries to nearby facilities in Salt Lake City and Los Angeles. Tesoro Logistics GP, LLC operates as a general partner of the company. The company was founded in 2010 and is headquartered in San Antonio, Texas.

Founded in 2010

tesoro logistics lp (TLLP) Top Compensated Officers

Chairman of Tesoro Logistics gp llc and Chief...
Total Annual Compensation: $1.7M
President of Tesoro Logistics gp llc and Dire...
Total Annual Compensation: $327.4K
Vice President of Tesoro Logistics gp llc, Ge...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

tesoro logistics lp (TLLP) Key Developments

Tesoro Logistics LP Announces Distribution for the Fourth Quarter 2014, Payable February 13, 2015

Tesoro Logistics LP announced the declaration of its quarterly cash distribution for the fourth quarter 2014 of $0.6675 per limited partnership unit, or $2.67 on an annualized basis. This distribution represents a 4% increase over the quarterly distribution of $0.6425 per unit ($2.57 per unit on an annualized basis) paid in November 2014. The fourth quarter distribution will be paid February 13, 2015, to all unitholders of record as of February 2, 2015.

Tesoro Logistics LP Extends Previous Binding Open Season, Proposing Additional Expansion to THPP System

Tesoro Logistics LP announced that in response to requests from potential shippers, the Partnership is extending the binding open season, to assess shipper interest in firm priority capacity on the Tesoro High Plains Pipeline system (THPP) in North Dakota, until February 20, 2015. the proposed THPP capacity expansion would provide additional pipeline capacity of approximately 50,000 barrels per day (bpd) from various points south of Lake Sakakawea to Ramberg Station, with an expected in-service date during the second quarter of 2016. This project, in addition to the previous open season successfully commissioned in 2014, would bring total capacity for shipments on THPP system to approximately 240,000 bpd. The project envisions pipeline origins on two legs of the THPP system, one which would originate at the Alexander Station. A minimum subscription of at least 15,000 bpd would be required for the Alexander origin shipments at higher tariffs than shipments from the other origin points, to reflect the higher level of capital investment for the Alexander line expansion. The expansion would provide additional takeaway capacity from the high crude oil producing areas in McKenzie County, N.D. to Tesoro Logistics' Bakken Area Storage Hub in Williams County, N.D. where crude oil is distributed to key take-away pipelines and rail loading facilities. The pipelines include Enbridge North Dakota Pipeline and a potential connection to the proposed Dakota Access Pipeline. The in-service time frame is subject to THPP obtaining sufficient commitments from shippers as well as regulatory and internal approvals.

Tesoro Logistics LP Presents at UBS MLP One-on-One Conference, Jan-13-2015

Tesoro Logistics LP Presents at UBS MLP One-on-One Conference, Jan-13-2015 . Venue: St. Regis Deer Valley, Park City, Utah, United States. Speakers: Evan Barbosa, Investor Relations Manager, Phillip M. Anderson, President of Tesoro Logistics gp llc and Director of Tesoro Logistics gp llc.

 

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Industry Analysis

TLLP

Industry Average

Valuation TLLP Industry Range
Price/Earnings 30.5x
Price/Sales 6.1x
Price/Book 12.7x
Price/Cash Flow 29.9x
TEV/Sales 6.5x
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