Tesoro Corporation (TSO) Shares are Up 0.54%

Tesoro Corporation (TSO) : During the past 4 weeks, traders have been relatively bearish on Tesoro Corporation (TSO), hence the stock is down -5.66% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.07% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.54% in the last 1 week, and is up 0.72% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Tesoro Corporation (NYSE:TSO): The stock opened at $76.49 on Friday but the bulls could not build on the opening and the stock topped out at $76.55 for the day. The stock traded down to $74.63 during the day, due to lack of any buying support eventually closed down at $75.82 with a loss of -0.64% for the day. The stock had closed at $76.31 on the previous day. The total traded volume was 1,417,582 shares.


The stock has recorded a 20-day Moving Average of 1.1% and the 50-Day Moving Average is 0.74%. Tesoro Corporation has dropped 11.48% during the last 3-month period . Year-to-Date the stock performance stands at -27.12%.

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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