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Last €82.32 EUR
Change Today -0.95 / -1.14%
Volume 0.0
TX5 On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 3:09 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

tesoro corp (TX5) Snapshot

Open
€81.94
Previous Close
€83.27
Day High
€83.29
Day Low
€81.61
52 Week High
08/11/15 - €99.22
52 Week Low
10/16/14 - €44.16
Market Cap
10.1B
Average Volume 10 Days
190.4
EPS TTM
--
Shares Outstanding
123.1M
EX-Date
08/26/15
P/E TM
--
Dividend
€1.96
Dividend Yield
1.75%
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. 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 (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 and Busi...
Total Annual Compensation: $479.3K
Compensation as of Fiscal Year 2014.

tesoro corp (TX5) Key Developments

Tesoro Corporation Announces Unaudited Consolidated Earnings and Operating Results for the Second Quarter and Six Months Ended June 30, 2015

Tesoro Corporation announced unaudited consolidated earnings and operating results for the second quarter and six months ended June 30, 2015. For the quarter, the company's net earnings attributable to the company’s continuing operations were $586 million, or $4.62 per diluted share, compared to $224 million or $1.70 per diluted share for the second quarter 2014. EBITDA for the second quarter was $1,194 million against $548 million for the same period a year ago. This represents an increase of 118% from $548 million last year. The company reported second-quarter net earnings attributable to the company of $582 million, more than double 2014's second quarter net earnings of $224 million. The company's refineries benefited from a substantially improved margin environment and lower operating expenses partially offset by turnarounds and maintenance activities. Revenues were $8,232 million against $11,104 million for the same period a year ago. Earnings before income taxes were $958 million against $372 million for the same period a year ago. Net earnings from continuing operations were $624 million against $240 million for the same period a year ago. Net earnings per diluted share were $4.59 against $1.70 for the same period a year ago. Total adjusted EBITDA was $1,194 million against $548 million for the same period a year ago. Total capital expenditures were $237 million against $167 million for the same period a year ago. Net cash from operating activities was $1,055 million against $526 million for the same period a year ago. Adjusted diluted EPS was $4.62 against $1.70 for the same period a year ago. For the six months, revenues were $14,695 million against $21,037 million for the same period a year ago. Earnings before income taxes were $1,242 million against $532 million for the same period a year ago. Net earnings from continuing operations were $812 million against $344 million for the same period a year ago. Net earnings attributable to the company were $727 million or $5.74 per diluted share against $302 million or $2.28 per diluted share for the same period a year ago. Total adjusted EBITDA was $1,683 million against $910 million for the same period a year ago. Total capital expenditures were $497 million against $270 million for the same period a year ago. EBITDA was $1,683 million against $910 million for the same period a year ago. Net cash from operating activities was $907 million against $376 million for the same period a year ago. Adjusted diluted EPS was $5.60 against $2.42 for the same period a year ago. Total refinery throughput for the second quarter of 2015 was 783,000 barrels per day, or 92% utilization against 816,000 barrels per day. Total yield in refining segment was 836 Mbpd against 872 Mbpd for the same period a year ago. Total refinery throughput for the six months of 2015 was 740,000 barrels per day against 817,000 barrels per day. Total yield in refining segment was 787 Mbpd against 872 Mbpd for the same period a year ago.

Tesoro Corporation Settles Lawsuit over Martinez Oil Refinery

Tesoro Corp. has agreed to pay $4 million to settle a lawsuit claiming the company spewed smog- and ozone-producing pollutants at its refinery in Martinez. Bay Area air quality regulators announced the deal after an eight-year investigation found that refinery workers disposed of the plant's byproducts in sewer and water-treatment facilities without first removing contaminants that could evaporate and pollute the atmosphere. The emissions of butane and propane hydrocarbon were recorded at the facility from 2007 to 2014, according to the Bay Area Air Quality Management District. Local regulations require refineries to treat liquid waste so that volatile compounds are removed. District officials called Tesoro's practices unlawful and dangerous.

Tesoro Seeks Acquisitions

Chairman & Chief Executive Officer of Tesoro Corporation (NYSE:TSO) said, "We have five strategic priorities, and one of those priorities is value driven growth. And we fully intend to look for opportunities where we can acquire assets that fit in our business model and create value from those assets. And we've been doing that for the last couple of years. We will continue to look for those opportunities."

 

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Industry Analysis

TX5

Industry Average

Valuation TX5 Industry Range
Price/Earnings 9.1x
Price/Sales 0.3x
Price/Book 2.4x
Price/Cash Flow 5.9x
TEV/Sales 0.1x
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