Report
John Buethe
EUR 98.48 For Business Accounts Only

Tesoro Logistics Delivers In-Line 1Q; Focus Now Is on Executing Ambitious Growth Plan

Tesoro Logistics reported first-quarter results in line with consensus expectations and slightly ahead of our estimates. The partnership produced $213 million of adjusted EBITDA in the quarter. As we have seen with its peers in the midstream space, terminalling assets outperformed in the first quarter as doggedly high crude and refined product inventory levels benefited those with assets in position to store hydrocarbons. Tesoro Logistics' terminalling and transportation segment generated operat...
Underlying
Tesoro Logistics LP

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
John Buethe

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