Tesoro Logistics (ANDX) Earns News Impact Score of 0.07

Media stories about Tesoro Logistics (NYSE:ANDX) have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tesoro Logistics earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave media stories about the oil and gas company an impact score of 46.0751360928699 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the media stories that may have effected Accern Sentiment’s analysis:

Shares of Tesoro Logistics (ANDX) traded down $1.17 during mid-day trading on Wednesday, reaching $44.14. 418,071 shares of the company’s stock were exchanged, compared to its average volume of 402,469. Tesoro Logistics has a 52-week low of $42.18 and a 52-week high of $60.14. The company has a debt-to-equity ratio of 2.15, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market cap of $10,038.59, a price-to-earnings ratio of 18.81, a P/E/G ratio of 3.34 and a beta of 1.12.

Tesoro Logistics (NYSE:ANDX) last issued its quarterly earnings data on Wednesday, November 8th. The oil and gas company reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.22. Tesoro Logistics had a net margin of 23.50% and a return on equity of 22.48%. The firm had revenue of $444.00 million for the quarter, compared to analyst estimates of $414.69 million. During the same quarter in the previous year, the business posted $0.46 EPS. The firm’s revenue was up 44.2% compared to the same quarter last year. research analysts predict that Tesoro Logistics will post 2.78 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 14th. Shareholders of record on Friday, November 3rd were issued a $0.9852 dividend. The ex-dividend date was Thursday, November 2nd. This represents a $3.94 dividend on an annualized basis and a yield of 8.93%. Tesoro Logistics’s dividend payout ratio is currently 167.66%.

ANDX has been the subject of a number of research reports. BidaskClub cut shares of Tesoro Logistics from a “sell” rating to a “strong sell” rating in a research report on Saturday, October 21st. Mizuho reaffirmed a “hold” rating and set a $56.00 price target on shares of Tesoro Logistics in a research report on Friday, October 20th. Zacks Investment Research cut shares of Tesoro Logistics from a “hold” rating to a “sell” rating in a research report on Wednesday, October 18th. SunTrust Banks set a $50.00 price target on shares of Tesoro Logistics and gave the stock a “buy” rating in a research report on Friday, November 17th. Finally, Barclays reaffirmed an “overweight” rating and set a $62.00 price target (down from $65.00) on shares of Tesoro Logistics in a research report on Thursday, August 10th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $55.38.

In other news, insider Steven Sterin acquired 1,400 shares of the business’s stock in a transaction on Friday, December 1st. The shares were purchased at an average price of $45.53 per share, for a total transaction of $63,742.00. Following the acquisition, the insider now directly owns 9,714 shares of the company’s stock, valued at approximately $442,278.42. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.15% of the company’s stock.

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Tesoro Logistics Company Profile

Andeavor Logistics LP, formerly Tesoro Logistics LP, is a full-service logistics company operating in the western and mid-continent regions of the United States. The Company operates through three segments. Its Gathering segment consists of crude oil, natural gas and produced water gathering systems in the Bakken Region and Rockies Region.

Insider Buying and Selling by Quarter for Tesoro Logistics (NYSE:ANDX)

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