NEW YORK ( TheStreet) -- Tesoro (TSO - Get Report) is one of the leading independent refiners and a marketer of petroleum products in the Western United States. The company operates through six refineries, with a combined capacity of more than 845,000 barrels per day while its marketing arm includes more than 2,000 retail stations, of which nearly 600 are operated by the company.Tesoro recently reported its quarterly results in which it managed to beat the revenue but missed the earnings estimates. However, despite the mixed results, there are several catalysts at work that could give a boost to the company's shares in the near future.
Tesoro: Refiner a Buy on Two Big Positives
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.