Tesoro Corporation (NYSE:TSO) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 24, 2016
Having a price of $81.79, Tesoro Corporation (NYSE:TSO) traded 0.80% higher on the day. With the last close up 5.39% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. TSO has recorded a 50-day moving average of $77.68 and a 200-day moving average of $79.33. 2,227,209 shares of TSO traded hands, up from an average trading volume of 2,211,930
Zacks Investment Research has upgraded Tesoro Corporation (NYSE:TSO) to Hold in a statement released on 9/22/2016.
Recent Performance Chart
Tesoro Corporation has 52 week low of $67.80 and a 52 week high of $119.67 with a PE ratio of 7.83 and has a market capitalization of $0.
A total of 14 equity analysts have released a ratings update on TSO. Two equity analysts rating the company a strong buy, five equity analysts rating the company a buy, twelve equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $100.04.
Brief Synopsis About Tesoro Corporation (NYSE:TSO)
Tesoro Corporation (Tesoro) is an independent petroleum refining and marketing company. The Company operates through three business segments: Refining operating segment (Refining), which owns and operates refineries, and refines crude oil and other feedstocks into transportation fuels; TLLP, a publicly traded limited partnership, which includes certain crude oil and natural gas gathering assets, natural gas processing and crude oil and refined products terminaling, and transportation and storage assets, and marketing segment (Marketing), which sells transportation fuels. The Company's Refining segment owns and operates approximately six petroleum refineries with a combined crude oil capacity of over 850 thousand barrels per day (Mbpd). TLLP's business operates in three segments: Gathering, Processing, and Terminalling and Transportation. The Marketing segment sells transportation fuels in approximately 20 states through a network of approximately 2,270 retail stations.
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