NEW YORK ( TheStreet) -- Tesoro Corporation (NYSE: TSO) hit a new 52-week high Tuesday as it traded at $28.03 compared with its previous 52-Week high of $27.99. Tesoro is changing hands at $28.02 with 1.1 million shares traded as of 11:02 a.m. ET. Average volume has been 6.7 million shares over the past 30 days. Tesoro has a market cap of $3.9 billion and is part of the basic materials sector and energy industry. Shares are up 50.3% year to date as of the close of trading on Monday. Tesoro Corporation engages in refining and marketing petroleum products. It operates in two segments, Refining and Retail. The Refining segment processes both heavy and light crude oils and produces primarily gasoline and gasoline blendstocks, jet fuel, diesel fuel, and heavy fuel oils.
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