Tesoro Corp engages in refining and retail of petroleum products and now, its stock price is at lowest level since 2006. Tesoro is operating 7 refineries with a combined capacity of approximately 658,000 barrels per day and. Its retail-marketing system included 911 branded retail stations operated under the brands Tesoro, Shell, Mirastar, and USA Gasoline....
Said the margins were greatly improving. TSO is a FANTASTIC BUY here at this very low level. 100% gains almost definite with patient holding, 1 year or so. Limited downside at this point, very strong buy.
I stated on my post for TSO the con game the refiners are using and after reading Tom Armisteds post and a comment by the AP a minute ago I want to clarify a couple of things. Tso and the other refiners had reduced profits fot 2007 when compared to 2006. Before you shed any tears for TSO their net for 2007 was down to $566 million or $4.06 a share compared to $801 million or $5.73 a share. Lest ...
TSO nice rally shortly.
- TSO and the rest of the refiners are going to get a nice rally shortly. I have a play on them soon, so we'll see. Remember, nothing goes up OR DOWN fo