Goldman Sachs (NYSE:GS) updated its price targets on energy companies, including Quicksilver Resources Inc (NYSE: KWK), Suncor Energy Inc. (NYSE:SU), Talisman Energy Inc (NYSE: TLM), Tesoro Co. (NYSE: TSO), Ultra Petroleum Corp. (NYSE: UPL) and Valero Energy Co. (NYSE: VLO).
Goldman Sachs raised their price target on Quicksilver Resources Inc (KWK) to $17.00.
Goldman Sachs raised their price target on Suncor Energy Inc. (SU) to $63.00.
Goldman Sachs cut their price target on Talisman Energy Inc (TLM) to $26.00.
Goldman Sachs raised their price target on Tesoro Co. (TSO) to $27.00.
Goldman raised their price target on Ultra Petroleum Corp. (UPL) to $52.00.
Goldman raised their price target on Valero Energy Co. (VLO) to $28.00.
Showing posts with label Tesoro. Show all posts
Showing posts with label Tesoro. Show all posts
Wednesday, May 25, 2011
Monday, May 10, 2010
Tesoro (NYSE: TSO) or Valero (NYSE: VLO)?
You've got to love the names of companies like Tesoro (NYSE: TSO) and Valero (NYSE: VLO), who sound like a name to some popular song from days gone by.
Stripping it down to fundamentals though, and it's hard not to like what you see with Valero, which has a lower forward P/E ratio, than its competitors, including Tesoro, and has better margins as well. What's not to like about them?
The depressed stock price of Valero is also alluring, as its share price has plummeted over the last several years, and yet it looks like it's positioned strong for a nice run, sitting at just under $20 a share at this time.
Tesoro has had a similar performance as Valero over the last several years, but the superior margins and P/E of Valero make it more desirable going forward.
Stripping it down to fundamentals though, and it's hard not to like what you see with Valero, which has a lower forward P/E ratio, than its competitors, including Tesoro, and has better margins as well. What's not to like about them?
The depressed stock price of Valero is also alluring, as its share price has plummeted over the last several years, and yet it looks like it's positioned strong for a nice run, sitting at just under $20 a share at this time.
Tesoro has had a similar performance as Valero over the last several years, but the superior margins and P/E of Valero make it more desirable going forward.
Monday, April 5, 2010
Tesoro (NYSE:TSO) Downgraded on Refinery Tragedy
Tesoro Downgraded by Analyst
With no way of knowing the ultimate fallout from the explosion at its Anacortes, Wash., refinery which killed five people, Tesoro (NYSE:TSO) was downgraded by Caris & Co. analyst Ann Kohler, citing the uncertainty surrounding the company until the cause and financial consequences of the event are figured out.
Kohler lowered her rating of the stock of Tesoro from "2/above average" to "4/below average." She also dropped her target price from $15 to $12.50. The last trade as of this writing was for $13.61.
With Tesoro already being fined for 17 serious safety violations in November 2009, which they were originally fined $85,700 by Washington state regulators, this could really cost them if they are found to be at fault in the matter.
With no way of knowing the ultimate fallout from the explosion at its Anacortes, Wash., refinery which killed five people, Tesoro (NYSE:TSO) was downgraded by Caris & Co. analyst Ann Kohler, citing the uncertainty surrounding the company until the cause and financial consequences of the event are figured out.
Kohler lowered her rating of the stock of Tesoro from "2/above average" to "4/below average." She also dropped her target price from $15 to $12.50. The last trade as of this writing was for $13.61.
With Tesoro already being fined for 17 serious safety violations in November 2009, which they were originally fined $85,700 by Washington state regulators, this could really cost them if they are found to be at fault in the matter.
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