Tesoro Corp
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Should this stock be there in your portfolio?
By Nikita Dugar - June 16, 2013 | Tickers: ALJ, HFC, TSO
Last month, Alon USA Energy (NYSE: ALJ) declared 50% increase in its quarterly dividends, which increased from $0.04 to $0.06 per share. It also announced special non-recurring dividend of $0.16 per share. This was due to its improved performance in the first quarter of 2013. Net income reported during this period was $0.86 per share, compared to loss of $0.52 per share for the same more »
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3 Top Picks of T. Boone Pickens
By siraj sarwar - June 11, 2013 | Tickers: OXY, PXD, TSO
T. Boone Pickens founded BP Capital. A self-made man, Pickens has been at the helm of his self-titled investment firm for 45 years. Starting his career with Mesa Petroleum, Pickens later acquired a taste for acquisitions. Due to his savvy management of mergers and acquisitions, Pickens gained celebrity status and renown from the 1980s onward. It was the Gulf Oil takeover that gave him the Times Magazine cover in 1985 more »
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Mega-Investor Crispin Odey’s Top 5 Stocks
By Meena Krishnamsetty - May 31, 2013 | Tickers: DAL, PHM, SIG, TSO, WFC
Each quarter, hedge funds, such as Crispin Odey’s Odey Asset Management Group, file 13Fs with the SEC. These 13F forms disclose many of the positions held in the funds’ equity portfolios during the quarter. Odey Asset Management, managed by Crispin Odey, is a London-based hedge fund with $6.2 billion in assets under management.
Originally founded in 1991, Odey’s fund has had its fair share of ups and more »
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Reviewing 3 Oil Refining & Marketing Companies
By Federico Zaldua - May 30, 2013 | Tickers: HFC, TSO, VLO
The refining and marketing sector has been outperforming the rest of the energy sector since 2012. Stocks in this sub-sector are up strongly this year, indicating that they are witnessing solid momentum. The U.S. shale energy revolution is making, once more, refining increasingly attractive. Let's take a look at three companies and decide which one should you include in your portfolio.
The deal is closed
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These 3 Big Refiners Seem Cheap
By Anh HOANG - May 30, 2013 | Tickers: HFC, TSO, VLO
Recently, Tesoro (NYSE: TSO) received the U.S. FTC’s approval regarding its acquisition of BP’s refinery in Carson, California. It was reported that Tesoro paid around $2.38 billion for the refinery, doubling its refining capacity in California. Tesoro’s shareholders must be quite happy as its share price has nearly tripled since the middle of 2012, from $22 per share to more than $61 per share. Should more »
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Monday’s Market-Moving Upgrades Worth Noting
By Brian Nichols - May 22, 2013 | Tickers: DDD, BKS, TSO
While the market remained somewhat quiet on Monday, there were a handful of analysts who were a bit more vocal in their opinions of certain stocks. In this piece I am looking at those calls to determine if they were good and if investors should “buy.”
“Sum-of-the-Parts” Value?
Shares of Barnes & Noble (NYSE: BKS) were recently trading higher by 7.50% to erase last week’s loss following false acquisition more »
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These 4 Refiners Are Still Cheap
By Mark Yagalla - May 16, 2013 | Tickers: MPC, PSX, TSO, VLO
It was a rough April for the refiners. At the beginning of the month, the EPA outlined a proposal to reduce sulfur in gasoline starting in 2017. That news knocked prices down 10% to 15% across the entire sector. As the month progressed, the Brent/WTI spread has narrowed as WTI prices gained compared to Brent prices. According to Platts:
Refiners, on the other hand, have been enjoying better refining more »
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Sell in May, But Don't Go Away
By Declan Fallon - May 8, 2013 | Tickers: AUXL, KKD, MDSO, THC, TSO, TFM
The most recent high for the S&P qualified the market under a 'sell' criteria for my Investing Strategy. The last time this happened was in March-April 2012, when the index went on to shed nearly 11% from peak-to-trough by the time the market bottomed in June 2012. However, this should not be viewed as a clarion call to sell everything, but may instead offer a better opportunity to generate more »
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Refiners Could Be Value in Plain Sight
By Ted Cooper - May 6, 2013 | Tickers: HFC, TSO, VLO
It is not often that a large-cap company selling for 10 times earnings is a safe value play, but Valero Energy (NYSE: VLO) may be an exception. Over the last couple of years, crude oil produced in Canada and the United States has sold at a large discount to oil sold in international markets. U.S. refiners benefit from the discount because they can buy cheap oil in the U more »
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High EBITDA Growth, Consistent Dividend and Cheap Valuation
By Anh HOANG - May 1, 2013 | Tickers: HFC, TSO, VSEC
I like a business that has been growing rapidly and has paid uninterrupted dividends for the past 10 years. In addition, that business should be priced cheaply on the market. Thus, I created a stock screen to seek stocks with several criteria: (1) minimum 10 years of uninterrupted dividends, (2) 10-year annualized EBITDA growth should be minimum 20%, (3) the total market cap should be greater than $100 million and more »
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Will the Oil Market Heat up Again?
By Lior Cohen - April 28, 2013 | Tickers: CVX, MPC, TSO, USO
The price of oil plunged during April. Will the price of oil recover from its recent tumble and rally to the $100 mark? How will the shifts in the price of oil affect leading refinery companies? Let’s examine the recent developments in the oil market to answer these questions.
During April the price of oil tumbled by 8.3%; the United States Oil Fund (NYSEMKT: USO), an ETF, fell more »
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The Best Refiner for Growth
By Matthew Frankel - April 24, 2013 | Tickers: BP, TSO, VLO
Tesoro (NYSE: TSO) is one of the largest independent refiners of petroleum products in the United States, and has done very well for its shareholders over the past year or so, rising over 140% since this time in 2012. For a while there, I thought that the stock was getting too expensive, but now I’m not so sure. What’s more, over the past few weeks, Tesoro has pulled more »
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Should You Buy or Sell the Phillips 66 Correction?
By Meena Krishnamsetty - April 22, 2013 | Tickers: HFC, MPC, PSX, TSO, VLO
Phillips 66 (NYSE: PSX) went public as a spinoff of ConocoPhillips a year ago, and it has risen 74% since becoming independently traded. The $36 billion market cap oil and gas refining and marketing company received considerable attention from Warren Buffett, whose holding company Berkshire Hathaway had over 27 million shares in its portfolio at the end of June and made no changes to that position at least through December more »
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Top Performing Oil Stocks
By Federico Zaldua - April 17, 2013 | Tickers: HFC, MPC, TSO
Since I own British Petroleum in my small equities portfolio (I am a much larger bond investor) I have been researching about the whole oil and gas space and its historical returns. I could notice that last year most energy stocks lagged the S&P500 despite record Brent oil and very high WTI prices. Apparently, investors doubt the sustainability of those high energy prices. That said, there were three stocks more »
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Top Performing Oil Stocks
By Federico Zaldua - April 17, 2013 | Tickers: HFC, MPC, TSO
Since I own British Petroleum in my small equities portfolio (I am a much larger bond investor) I have been researching the whole oil and gas space and its historical returns. I could notice that last year most energy stocks lagged the S&P 500 despite record Brent oil and very high WTI prices. Apparently, investors doubt the sustainability of those high energy prices. That said, there were three stocks more »
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Valero’s CST Brands Spin-Off Should Fuel Shares of Both Companies
By Diane Alter - April 15, 2013 | Tickers: PSX, TSO, VLO
Just days after Valero Energy Co. (NYSE: VLO) slumped following an announcement it will have to spend two to three times as much as it did last year to comply with federal ethanol blending requirements (due to the high price of credits it needs to buy under law), shares got gassed when the company reported a spin-off of its retail business.
The San Antonio, TX international manufacturer and marketer of more »
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Valero’s CST Brands Spin-Off Should Fuel Shares of Both Companies
By Diane Alter - April 15, 2013 | Tickers: PSX, TSO, VLO
Just days after Valero Energy Co. (NYSE: VLO) slumped following an announcement it will have to spend two to three times as much as it did last year to comply with federal ethanol blending requirements (due to the high price of credits it needs to buy under law), shares got gassed when the company reported a spin-off of its retail business.
The San Antonio, TX international manufacturer and marketer of more »
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These Stocks Possess Highly Refined Profit Potential
By James Catlin - April 11, 2013 | Tickers: PSX, TSO, VLO
Over the last few days, refiners have been hit hard over concerns that new pollution upgrades required by the EPA will cost hundreds of millions of dollars. Refiners have lost billions in market cap as a result. This sell-off appears overdone and could present a buying opportunity.
For the last 20 months, gasoline prices have been consolidating around the highest nominal prices in history, providing the catalyst for refiners to more »
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Highly Refined Profit Potential
By James Catlin - April 8, 2013 | Tickers: PSX, TSO, VLO
Premium Returns
Over the last few days refiners have been hit hard over concerns that new pollution upgrades required by the EPA will cost hundreds of millions of dollars. Refiners have lost billions in market cap as a result. This move to the downside appears overdone and could present a buying opportunity.
For the last 20 months gasoline prices have been consolidating around the highest nominal prices in history providing more »
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Valero’s CST Brands Spin-Off Should Fuel Shares of Both Companies
By Diane Alter - April 7, 2013 | Tickers: PSX, TSO, VLO
Just days after Valero Energy Co. (NYSE: VLO) slumped following an announcement it will have to spend two to three times as much as it did last year to comply with federal ethanol blending requirements (due to the high price of credits it needs to buy under law), shares got gassed when the company reported a spin-off of its retail business.
The San Antonio, TX based international manufacturer and marketer more »
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