Buy TSO When Its Stock is Under 52 Weeks Low

Tesoro Corp engages in refining and retail of petroleum products and now, its stock price is at lowest level since 2006. Tesoro is operating 7 refineries with a combined capacity of approximately 658,000 barrels per day and its retail-marketing system included 911 branded retail stations operated under the brands Tesoro, Shell, Mirastar, and USA Gasoline.



Andrew Wilkinson-Seeking Alpha wrote:
Call volume and volatility in oil refiner Tesoro shot sharply higher, one day after Bloomberg news revealed that insider buying in refinery stock had reached a 8-year high on speculation of an imminent pullback in oil prices – and perhaps goaded on by continuing revelations on Capitol Hill about the antagonistic effect of speculation on gas prices.


Please Note!

This is generally never true. Before buying or selling any asset you should do your own research and reach your own conclusion. See my Disclaimer on the bottom for more information.

You are welcome to republish this article, or any portion thereof.
Please, cite the actual/original source. I would be grateful if you could link back.