Large Outflow of Money Witnessed in Tesoro Corporation

Tesoro Corporation (TSO) : The total money flow in Tesoro Corporation (TSO) was negative ($18.16 million), showing the domination of sellers in the Monday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $44.43 million. Transactions on upticks were comparatively lower at $26.27 million. The uptick to downtick ratio was 0.59. The total block trades on downticks were valued at $17.68 million. The money flow during block trades was negative ($17.68 million) when the stock traded with a gain of $141 cent. Tesoro Corporation (TSO) was $76.82, an increase of 1.87% over the previous days close.


Tesoro Corporation has dropped 6.64% during the last 3-month period . Year-to-Date the stock performance stands at -26.16%. Shares of Tesoro Corporation rose by 3.81% in the last five trading days and 4.6% for the last 4 weeks. In a related news,The officer (SVP, Commercial) of Tesoro Corp /New/, Schofield Daryl R sold 2,660 shares at $80 on May 23, 2016. The Insider selling transaction had a total value worth of $212,800. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Tesoro Corporation (NYSE:TSO): stock turned positive on Monday. Though the stock opened at $75.18, the bulls momentum made the stock top out at $77.47 level for the day. The stock recorded a low of $74.8502 and closed the trading day at $76.82, in the green by 1.87%. The total traded volume for the day was 1,669,029. The stock had closed at $75.41 in the previous days trading.

Tesoro Corporation is an independent petroleum refining and marketing company. Through its subsidiaries, the Company primarily transports crude oil and manufactures, transports and sells transportation fuels. The Company operates through three business segments: Refining operating segment, which owns and perates six petroleum refineries with a combined crude oil capacity of 850 thousand barrels per day (Mbpd) located in the western United States and sells transportation fuels to a variety of customers; TLLP, a publicly traded limited partnership, which includes certain crude oil and natural gas gathering assets, natural gas processing and crude oil and refined products terminalling, transportation and storage assets, and Retail operating segment, which sells transportation fuels in approximately 16 states through a network of approximately 2,267 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline and Tesoro brands.

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