HOUSTON, March 25 (Reuters) - Striking workers at Tesoro Corp 's Martinez, California, refinery have ratified a new contract, ending a 52-day strike at that plant, the United Steelworkers union (USW) said on Wednesday.
global market, ensuring returns on capital and therefore their narrow moat ratings. Among our refining coverage, we see Tesoro TSO and Phillips 66 PSX as undervalued firms best positioned to capitalize on continued U.S. feedstock cost advantages
Our fair value estimate for Tesoro has changed to $111 per share from $89 as an increase in the firm's capture rates and master limited partnership valuation
Feb 23 (Reuters) - Tesoro Corp said it resumed work at its 166,000-barrel-per-day refinery in Martinez, California. The facility is currently idle and operating as a terminal for customer supplies.
HOUSTON, Feb 17 (Reuters) - Tesoro Corp has approved two projects at its Washington state refinery to produce a petrochemical feedstock for export and cleaner gasoline, the company said on Tuesday.
Tesoro closed out an impressive 2014 by reporting ..... due to narrower Bakken differentials. The Tesoro index increased to $9.45/bbl from ..... volumes and acquisitions. For the year, Tesoro delivered $560 million toward its improvement
HOUSTON, Feb 12 (Reuters) - Tesoro Corp is confident its refineries in California and Washington can operate with non-union workers for a "very long period of time," as refinery strikes across the nation enter a 12th day, Chief Executive Greg Goff told analysts on Thursday.
been a central tenet of our thesis on Tesoro , and our view is unchanged after ..... improvement in 2015. Furthermore, Tesoro is targeting an additional $460 million ..... refiner seeks to improve operations, Tesoro has set itself apart with the degree
HEP will grow as it participates in Holly's refining projects, but acquisitions outside core activities (similar to Tesoro 's MLP acquisition) seem less likely. Consequently, we see Holly continuing to lack the earnings and cash flow diversification
Tesoro reported a blowout quarter as strong market ..... which ultimately increases the value of Tesoro . The two events demonstrate that management ..... value for shareholders. We still consider Tesoro to be one of the better opportunities in