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Last €84.46 EUR
Change Today -1.65 / -1.92%
Volume 0.0
TX5 On Other Exchanges
Symbol
Exchange
New York
Mexico
Frankfurt
As of 3:45 PM 04/1/15 All times are local (Market data is delayed by at least 15 minutes).

tesoro corp (TX5) Snapshot

Open
€84.22
Previous Close
€86.11
Day High
€84.71
Day Low
€84.15
52 Week High
03/19/15 - €88.10
52 Week Low
04/14/14 - €34.13
Market Cap
10.6B
Average Volume 10 Days
88.1
EPS TTM
--
Shares Outstanding
125.7M
EX-Date
02/25/15
P/E TM
--
Dividend
€1.61
Dividend Yield
1.21%
Current Stock Chart for TESORO CORP (TX5)

tesoro corp (TX5) 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. Tesoro Corporation was founded in 1939 and is headquartered in San Antonio, Texas.

5,600 Employees
Last Reported Date: 02/24/15
Founded in 1939

tesoro corp (TX5) 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 & Busine...
Total Annual Compensation: $479.3K
Compensation as of Fiscal Year 2014.

tesoro corp (TX5) Key Developments

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.

Tesoro Corporation Board of Directors Approves Two Projects at the Anacortes Refinery

Tesoro Corporation announced that its Board of Directors has approved two complementary projects to enhance clean products production at its Anacortes, Washington refinery. These projects include a $90 million naphtha isomerization project, which is designed to comply with upcoming reduced-sulfur gasoline regulations while simultaneously reducing gasoline production costs, and the previously announced $300 million mixed xylenes project, which upgrades and diversifies the value of the facility's product slate. The isomerization project is expected to generate competitive returns of approximately 25% and the mixed xylenes project is expected to generate competitive returns of approximately 20%, both based on Tesoro's market outlook. Startup of the mixed xylene project is expected in 2017 and startup of the isomerization project is expected in 2018, both dates subject to permitting. These projects are expected to improve its capability to efficiently deliver both local transportation fuels and global feed stocks, making Tesoro a stronger member of the communities the company serves, and further demonstrating Tesoro's commitment to the state of Washington. The company expects multiple benefits to the state including increased tax revenue, positive local economic impact, and high-paying temporary and permanent jobs which, at peak construction workforce, is estimated at 500 workers, with an ongoing permanent staff increase of approximately 20.

 

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Industry Analysis

TX5

Industry Average

Valuation TX5 Industry Range
Price/Earnings 13.7x
Price/Sales 0.3x
Price/Book 2.6x
Price/Cash Flow 8.2x
TEV/Sales 0.1x
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