Tesoro Corporation (ANDV) Receiving Somewhat Favorable Press Coverage, Analysis Shows
News articles about Tesoro Corporation (NYSE:ANDV) have trended somewhat positive on Sunday, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded 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 0.14 on Accern’s scale. Accern also assigned news stories about the oil and gas company an impact score of 45.7278655255305 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment’s analysis:
- How Phillips 66’s Leverage Curve Is Trending (finance.yahoo.com)
- Institutional Ownership in Phillips 66: Who’s Buying PSX (finance.yahoo.com)
- How Is Marathon Petroleum’s Marketing Segment Performing? (finance.yahoo.com)
- Gauging the True Impact of Hurricane Harvey on Phillips 66 (finance.yahoo.com)
- Refiners: Near A Turning Point After Hurricanes (finance.yahoo.com)
Tesoro Corporation (NYSE ANDV) opened at 102.42 on Friday. Tesoro Corporation has a 52 week low of $75.11 and a 52 week high of $104.00. The stock has a market cap of $16.38 billion, a price-to-earnings ratio of 17.13 and a beta of 1.62. The firm’s 50 day moving average price is $97.84 and its 200-day moving average price is $89.09.
The business also recently announced a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Thursday, August 31st were paid a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.30%. This is a positive change from Tesoro Corporation’s previous quarterly dividend of $0.55. Tesoro Corporation’s dividend payout ratio (DPR) is 83.99%.
A number of equities research analysts recently weighed in on the company. US Capital Advisors restated a “buy” rating on shares of Tesoro Corporation in a report on Monday, May 22nd. Credit Suisse Group upped their price target on Tesoro Corporation from $100.00 to $107.00 and gave the stock a “neutral” rating in a report on Tuesday, June 20th. Citigroup Inc. upped their price target on Tesoro Corporation from $104.00 to $109.00 and gave the stock a “buy” rating in a report on Monday, July 17th. Piper Jaffray Companies restated an “overweight” rating on shares of Tesoro Corporation in a report on Thursday, May 25th. Finally, UBS AG restated a “buy” rating and issued a $107.00 price target on shares of Tesoro Corporation in a report on Tuesday, June 13th. Four research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $109.00.
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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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