Tesoro Corporation (TSO): Today's Featured Energy Laggard

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.

Tesoro Corporation ( TSO) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Tesoro Corporation fell $0.59 (-1.1%) to $51.26 on light volume. Throughout the day, 1,898,439 shares of Tesoro Corporation exchanged hands as compared to its average daily volume of 3,682,700 shares. The stock ranged in price between $51.19-$52.53 after having opened the day at $51.96 as compared to the previous trading day's close of $51.85. Other companies within the Energy industry that declined today were: Midstates Petroleum ( MPO), down 10.6%, Dejour Energy ( DEJ), down 9.4%, Double Eagle Petroleum Company ( DBLE), down 6.8% and Tengasco ( TGC), down 5.4%.

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 $6.8 billion and is part of the basic materials sector. The company has a P/E ratio of 15.8, below the S&P 500 P/E ratio of 17.7. Shares are down 11.4% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Tesoro Corporation a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Tesoro Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, good cash flow from operations, increase in stock price during the past year 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.

On the positive front, Carbo Ceramics ( CRR), up 10.9%, Athlon Energy ( ATHL), up 6.8%, Cameron International Corporation ( CAM), up 6.3% and Bolt Technology Corporation ( BOLT), up 6.1% , were all gainers within the energy industry with Halliburton Company ( HAL) being today's featured energy industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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