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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 Friday as it is currently trading at $60.39, above its previous 52-week high of $59.90 with 2.1 million shares traded as of 10:20 a.m. ET. Average volume has been 3.6 million shares over the past 30 days. Tesoro has a market cap of $7.9 billion and is part of the basic materials sector and energy industry. Shares are up 32.1% year to date as of the close of trading on Thursday. 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 10.5, below the S&P 500 P/E ratio of 17.7.