Report
John Buethe
EUR 98.48 For Business Accounts Only

Tesoro Logistics operates natural gas and crude oil logistics assets to support its refining sponsor

Tesoro Logistics Partners reported fourth-quarter and 2016 results that fell slightly short of expectations. The Partnership’s $696 million EBITDA in 2016 lagged the consensus view of $725 million. Much of the weakness in the quarter stemmed from lower volumes of natural gas and natural gas liquids in the Partnership’s gathering and processing systems, with volumes falling 21% and 13%, respectively, in the fourth quarter. Management highlighted the continued weakness in commodity prices as a rea...
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.

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Analysts
John Buethe

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