Tesoro Reaches New 52-Week High (TSO)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Tesoro Corporation (NYSE: TSO) hit a new 52-week high Monday as it is currently trading at $45.53, above its previous 52-week high of $45.44 with 1.4 million shares traded as of 1:36 p.m. ET. Average volume has been 3.2 million shares over the past 30 days.

Tesoro has a market cap of $6.26 billion and is part of the basic materials sector and energy industry. Shares are up 0.9% year to date as of the close of trading on Friday.

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. The company has a P/E ratio of 10.6, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Tesoro as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Tesoro Ratings Report.

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