Tesoro Corporation (ANDV) Getting Somewhat Positive Media Coverage, Study Finds
News coverage about Tesoro Corporation (NYSE:ANDV) has trended somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tesoro Corporation earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave headlines about the oil and gas company an impact score of 45.9321537252764 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have effected Accern Sentiment’s analysis:
- More refineries come off line in Harvey’s wake – MarketWatch (marketwatch.com)
- Andeavor Opens First ARCO® Station in Mexico (finance.yahoo.com)
- Financial Contrast: Tesoro Corporation (ANDV) versus Western Gas Equity Partners, (WGP) (americanbankingnews.com)
- What Might Challenge Marathon’s Refining Earnings in 3Q17 (finance.yahoo.com)
- Andeavor breached its 50 day moving average in a Bullish Manner : ANDV-US : August 28, 2017 (finance.yahoo.com)
ANDV has been the topic of several recent analyst reports. TheStreet raised shares of Tesoro Corporation from a “c+” rating to a “b-” rating in a report on Wednesday, June 7th. Scotiabank reaffirmed a “buy” rating and set a $99.00 target price on shares of Tesoro Corporation in a report on Thursday, June 8th. Deutsche Bank AG raised shares of Tesoro Corporation from a “hold” rating to a “buy” rating and set a $106.00 target price on the stock in a report on Monday, June 5th. Jefferies Group LLC set a $94.00 price target on shares of Tesoro Corporation and gave the company a “buy” rating in a research report on Saturday, June 3rd. Finally, US Capital Advisors reissued a “buy” rating on shares of Tesoro Corporation in a research report on Monday, May 22nd. Four analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $109.00.
Shares of Tesoro Corporation (NYSE:ANDV) traded down 0.47% during midday trading on Thursday, hitting $100.15. 1,562,988 shares of the stock were exchanged. The firm has a 50 day moving average of $96.64 and a 200-day moving average of $88.11. Tesoro Corporation has a one year low of $72.95 and a one year high of $101.52. The company has a market cap of $16.02 billion, a price-to-earnings ratio of 16.75 and a beta of 1.71.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This is an increase from Tesoro Corporation’s previous quarterly dividend of $0.55. This represents a $2.36 annualized dividend and a dividend yield of 2.36%. Tesoro Corporation’s payout ratio is presently 78.29%.
Tesoro Corporation Company Profile
Andeavor, formerly Tesoro Corporation, is an independent petroleum refining, logistics and marketing company. he Company operates through three segments. The Refining operating segment refines crude oil and other feedstocks into transportation fuels, such as gasoline and gasoline blendstocks, jet fuel and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas and petroleum coke for sale in bulk markets to a range of customers within its markets.
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