Tesoro Logistics LP
Latest Tesoro Logistics LP News and Updates
Why smaller oil and gas firms are foraying into high yield debt
High yield debt markets saw $6 billion worth of new supply issued across 12 transactions in the week ending October 24.
Gasoline Prices Continue their Uptrend the Week of May 8
For the summer of 2015, the EIA expects consumption to average 9.2 MMbpd, which is 0.14 MMbpd higher than last summer’s consumption.
What Drove Diesel Prices Higher the Week Ended September 4?
Prompt New York Harbor ultra-low-sulfur diesel futures traded on the NYMEX closed ~2.4% higher on a weekly basis at ~$1.62 per gallon in the week ended September 4.
Why Tesoro’s crude oil gathering and pipeline segment is positive
Tesoro Logistics’ (TLLP) operations are organized into the Crude Oil Gathering segment and the Terminalling and Transportation segment.
Analyzing the Best Performing Midstream MLPs on June 25
The best performing midstream MLP on Thursday, June 25 was Western Gas Partners (WES). It rose 0.5% yesterday. However, it’s close to its 52-week low.
Why the MLPJ ETF shows tracking error versus its benchmark index
The effect of sampling—the difference in the holdings between MLPJ and its benchmark index—is another cause of the tracking error.
What Caused a ~6% Drop in Gasoline Prices Last Week?
Gasoline prices loosely track changes in crude oil prices (USO), usually Brent crude oil prices, the international benchmark.
Diesel Prices Rose Again on May 11
The EIA expects US distillate consumption this summer to average 4 million barrels per day, up 3% compared with last summer.
Diesel Prices Increased: EIA Provides Bullish Consumption Outlook
On April 20, US On-Highway Diesel Fuel Prices were $2.78 per gallon. This represented an increase of ~1% from $2.754 per gallon last Monday, April 13.
CSI Compressco Was the Top MLP Loser Last Week
CSI Compressco (CCLP), the MLP mainly involved in natural gas compression, was the highest MLP loser in the week ending November 3, 2017.
74% of Analysts Call Tesoro Logistics a ‘Buy’
On June 2, 2017, Barclays resumed its coverage of Tesoro Logistics (TLLP) with an “overweight” rating. Barclays has given TLLP a target price of $65.
Tesoro Logistics Expects 12%–15% Distribution Growth for 2017
Tesoro Logistics (TLLP) expects its distributions to grow 12%–15% for 2017.
Tesoro Logistics Posts Strong 1Q16 Data: How Did Its Stock React?
Of the analysts surveyed by Bloomberg, 75% rated Tesoro Logistics (TLLP) a “buy,” while 25% rated it a “hold.”
Will Diesel Prices Recover in the Near Future?
On Monday, December 14, 2015, the EIA’s weekly gasoline and diesel fuel price updates showed that diesel fuel prices averaged $2.33 per gallon on the day.
US Gasoline Prices Recovered after Falling to 6-Year Low
US gasoline prices mirrored crude oil prices and began falling early last week. They fell to their lowest in six years on Monday.
July 31 Week: Movement in Crude Oil Inventories Impacts MLPs
According to the data released on August 5, US crude oil inventories fell 0.96% for the week ending July 31—compared to the previous week.
Gasoline Inventories Returned to Downtrend Last Week
Gasoline demand increased from ~8.61 MMbpd to ~8.91 MMbpd last week. Gasoline inventories remain outside the five-year range despite the draw in inventories reported on Wednesday.
Distillate Inventories Increased Last Week
Distillate demand drives crude demand and crude prices. So, energy investors watch distillate inventories closely.
Gasoline Prices Increase in the Week to April 20
US regular gasoline prices on Monday, April 20, were $2.485 per gallon. This was an increase of 3.2% from $2.408 per gallon last Monday, April 13.
Tesoro’s cash flow from financing activities
Tesoro’s activities at the cash flow from financing level have been both a source and a destination for Tesoro’s cash over the years.
An overview of Tesoro’s capex and cash flow from investments
Over the last seven years, Tesoro’s capex saw a pattern that reflects the fortunes of the sector. Tesoro also made acquisitions that required it to spend well in excess of its CFO.
