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Last $1,298 MXN
Change Today 0.00 / 0.00%
Volume 0.0
TSO* On Other Exchanges
Symbol
Exchange
New York
Mexico
Frankfurt
As of 4:10 PM 04/21/15 All times are local (Market data is delayed by at least 15 minutes).

tesoro corp (TSO*) Snapshot

Open
$1,298
Previous Close
$1,298
Day High
$1,298
Day Low
$1,298
52 Week High
03/31/15 - $1,411
52 Week Low
05/8/14 - $694.16
Market Cap
163.2B
Average Volume 10 Days
1.8K
EPS TTM
--
Shares Outstanding
125.7M
EX-Date
02/25/15
P/E TM
--
Dividend
$1.64
Dividend Yield
1.35%
Current Stock Chart for TESORO CORP (TSO*)

tesoro corp (TSO*) Details

Tesoro Corporation, through its subsidiaries, engages in petroleum refining and marketing activities in the United States. It operates in three segments: Refining, Tesoro Logistics LP (TLLP), and Retail. The Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blend stocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, calcined coke, and asphalt. This segment also sells refined products in the wholesale market primarily through independent unbranded distributors; and in the bulk market primarily to independent unbranded distributors, other refining and marketing companies, utilities, railroads, airlines, marine, and industrial end-users in the western United States. It owns and operates 6 refineries with a combined crude oil capacity of approximately 850 thousand barrels per day. The TLLP segment owns and operates a network of approximately 3,500 miles of crude oil, refined products, and natural gas pipelines; 28 crude oil and refined products truck and marine terminals; and approximately 9 million barrels of storage capacity. This segment also owns and operates 4 natural gas processing complexes and 1 fractionation facility. The Retail segment sells gasoline and diesel fuel through multi-site operator retail stations, and third-party branded dealers and distributors in the western United States. As of December 31, 2014, this segment operated a network of 2,267 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline, and Tesoro brands. The company was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in November, 2004. Tesoro Corporation was founded in 1968 and is headquartered in San Antonio, Texas.

5,600 Employees
Last Reported Date: 02/24/15
Founded in 1968

tesoro corp (TSO*) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.5M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $263.8K
Executive Vice President of Operations
Total Annual Compensation: $549.4K
Executive Vice President, General Counsel and...
Total Annual Compensation: $558.5K
Executive Vice President of Strategy and Busi...
Total Annual Compensation: $479.3K
Compensation as of Fiscal Year 2014.

tesoro corp (TSO*) Key Developments

Tesoro Corporation Announces Unaudited Earnings and Operating Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter Ending June 30, 2015 and Year Ending December 31, 2015

Tesoro Corporation announced unaudited earnings and operating results for the first quarter ended March 31, 2015. For the period, the company reported net earnings of $188 million against $103 million a year ago. EBITDA was $518 million against $367 million a year ago. Adjusted EBITDA was $489 million against $362 million a year ago. Net cash used in operating activities was $148 million against $150 million a year ago. Adjusted earnings were $124 million or $0.98 per diluted share against $97 million or $0.72 per diluted share a year ago. The first quarter of 2015 was impacted by work stoppages at the Anacortes, Washington and Los Angeles and Martinez, California refineries. The company provided earnings guidance for the second quarter ending June 30, 2015 and year ending December 31, 2015. For the second quarter, the company expects net earnings of $379 million, depreciation and amortization expenses of $178 million, income tax expense of $186 million and EBITDA of $800 million. For the year ending December 31, 2015, the company expects net earnings of $1,086 million, depreciation and amortization expenses of $716 million, income tax expense of $560 million and EBITDA of $2,600 million. For the quarter, the company reported total throughput of 696 Mbpd against 817 Mbpd a year ago. Total refined product sales were 899 Mbpd against 928 Mbpd a year ago.

Tesoro Corporation Reach Tentative Deal with United Steelworkers Union

The United Steelworkers union and Tesoro Corporation representing the refinery operators reached a tentative agreement on salaries, safety and other issues. Earlier, Tesoro's Martinez, Calif. Plant was shut down owing to the differences between the two parties. The six-week strike is the broadest to hit refineries since 1980, when workers struck for three months. The new agreement calls for an immediate review of staffing and workload assessments for union employees. It also calls for annual wage increases and maintaining current health benefits.

Tesoro Corporation Announces Executive Changes

Arlen O. Glenewinkel, the Vice President and Controller of Tesoro Corporation, will cease to serve as the company's principal accounting officer effective March 2, 2015. On March 2, 2015, the Board of Directors of the appointed Tracy D. Jackson as Vice President and Controller effective immediately. Ms. Jackson will assume the role of principal accounting officer. She is concurrently being appointed as Vice President and Controller of Tesoro Logistics GP, LLC. Ms. Jackson has served as Vice President, Analytics and Financial Planning of Tesoro Companies Inc.

 

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Industry Analysis

TSO*

Industry Average

Valuation TSO* Industry Range
Price/Earnings 13.5x
Price/Sales 0.3x
Price/Book 2.5x
Price/Cash Flow 8.0x
TEV/Sales 0.1x
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