News coverage about Tesoro Logistics (NASDAQ:TLLP) has trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Tesoro Logistics earned a news impact score of 0.17 on Accern’s scale. Accern also gave headlines about the oil and gas company an impact score of 46.951336934935 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment’s scoring:
- Q2 2017 EPS Estimates for Tesoro Logistics LP Lowered by Analyst (TLLP) (americanbankingnews.com)
- Tesoro Logistics LP (TLLP) Given Consensus Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- Equities Analysts Issue Forecasts for Tesoro Logistics LP’s Q2 2017 Earnings (TLLP) (americanbankingnews.com)
- Critical Survey: Tesoro Logistics (TLLP) vs. PennTex Midstream Partners, (PTXP) (americanbankingnews.com)
- Tesoro Logistics LP Common Unit (TLLP) Holdings Increased by Bank Of Montreal /can/ (highlightpress.com)
A number of research firms have recently issued reports on TLLP. Zacks Investment Research upgraded Tesoro Logistics from a “hold” rating to a “buy” rating and set a $56.00 price target on the stock in a research note on Thursday, July 13th. BidaskClub upgraded Tesoro Logistics from a “hold” rating to a “buy” rating in a research note on Wednesday, July 5th. Jefferies Group LLC set a $52.00 price target on Tesoro Logistics and gave the stock a “hold” rating in a research note on Saturday, June 3rd. Barclays PLC restated an “overweight” rating and issued a $65.00 price target on shares of Tesoro Logistics in a research note on Friday, June 2nd. Finally, Scotiabank restated a “buy” rating and issued a $63.00 price target on shares of Tesoro Logistics in a research note on Thursday, April 27th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $58.75.
Tesoro Logistics (NASDAQ:TLLP) opened at 54.10 on Tuesday. The company’s 50-day moving average price is $51.21 and its 200 day moving average price is $53.53. The stock has a market capitalization of $5.84 billion and a P/E ratio of 30.84. Tesoro Logistics has a 52-week low of $43.00 and a 52-week high of $60.14.
Tesoro Logistics (NASDAQ:TLLP) last posted its earnings results on Monday, May 8th. The oil and gas company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by $0.12. Tesoro Logistics had a return on equity of 12.69% and a net margin of 21.90%. The firm had revenue of $420 million for the quarter, compared to analysts’ expectations of $348.74 million. During the same period in the previous year, the company earned $1.19 earnings per share. The company’s revenue was up 40.0% compared to the same quarter last year. On average, equities research analysts predict that Tesoro Logistics will post $2.68 earnings per share for the current fiscal year.
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Tesoro Logistics Company Profile
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.
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