Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.7%. By the end of trading, Tesoro Corporation fell $0.94 (-2.1%) to $44.53 on average volume. Throughout the day, 3,176,576 shares of Tesoro Corporation exchanged hands as compared to its average daily volume of 3,173,300 shares. The stock ranged in price between $44.23-$45.91 after having opened the day at $45.55 as compared to the previous trading day's close of $45.47. Other companies within the Energy industry that declined today were:
), down 9.6%,
), down 6.9%,
), down 5.4% and
), down 4.8%.
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Tesoro Corporation, together with its subsidiaries, engages in refining and marketing petroleum products in the United States. It operates in two segments, Refining and Retail. Tesoro Corporation has a market cap of $6.1 billion and is part of the basic materials sector. Shares are up 2.4% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Tesoro Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Tesoro Corporation Ratings Report.
On the positive front,
), up 57.9%,
), up 37.0%,
), up 8.7% and
), up 7.5% , were all gainers within the energy industry with
) being today's featured energy industry leader.
- Use our energy section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider
) while those bearish on the energy industry could consider
- Find other investment ideas from our top rated ETFs lists.