Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Tesoro Logistics (ANDX) Share Price
News stories about Tesoro Logistics (NYSE:ANDX) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Tesoro Logistics earned a daily sentiment score of 0.01 on Accern’s scale. Accern also gave news stories about the oil and gas company an impact score of 46.7674769785216 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Separately, Morgan Stanley began coverage on shares of Tesoro Logistics in a report on Wednesday, August 2nd. They issued an “overweight” rating for the company.
Shares of Tesoro Logistics (NYSE:ANDX) opened at 48.31 on Friday. Tesoro Logistics has a 1-year low of $43.00 and a 1-year high of $60.14. The stock’s 50 day moving average is $51.42 and its 200-day moving average is $53.53. The stock has a market cap of $5.22 billion, a PE ratio of 27.76 and a beta of 1.15.
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About Tesoro Logistics
Andeavor Logistics LP, formerly Tesoro Logistics LP, is a full-service logistics company operating in the western and mid-continent regions of the United States. The Company operates through three segments. Its Gathering segment consists of crude oil, natural gas and produced water gathering systems in the Bakken Region and Rockies Region.
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