Tesoro Corp (TSO)

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An independent petroleum refiners and marketers in the US with two operating segments: refining crude oil and selling refined products in bulk and wholesale markets and selling motor fuels and convenience products in the retail market.

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Avatar Gtrinvestor (99.97) Submitted: 5/13/08 8:46 AM : Start Price: $24.22 TSO Score: -20.49

Lots and lots of downward pressure on this one (recession, high oil prices putting pressure on crack spreads, etc), but w/ a TTM P/E of < 6, this is a bit of potential upside in the crack for this one. Zacks did a decent little summary on the company's position right now @ http://biz.yahoo.com/zacks/080509/12676.html?.v=1

With the company's stock at a 2 year low, I'm thinking that this is a decent time to buy.

2 thumbs up out of 3

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Tesoro Corp (TSO)

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