While Tesoro (TSO +0.00%) did miss on normalized earnings per share this past quarter, coming in at $1.34 rather than the expected $1.41, in this video, Motley Fool energy analyst Joel South looks at other positives to highlight from the company's earnings report. The company was able to increase revenue to $8.2 billion in addition to improving margins due to the current availability of cheap WTI-benchmarked crude. Joel also discusses Tesoro's plan to gain a long-term competitive advantage by securing discounted feedstock for its West Coast refineries.
Tesoro Missed on EPS, but It's Still a Buy
By Joel South – Feb 7, 2013 at 3:33PM
NYSE: ANDV
Tesoro
Here's why Tesoro is still a buy despite the earnings miss.
About the Author
Joel is a University of Washington graduate and covers energy and materials for The Motley Fool. Be sure to follow The Motley Fool's energy and materials Twitter for all your energy and materials coverage.
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