Replies to post #540 on Tesoro Petroleum Inc fka TSO

[eFinanceMarkets]

Tesoro, Tesoro Logistics to change their names

Tesoro (TSO -0.3%) and Tesoro Logistics (TLLP +0.6%) say they will change their names to Andeavor and Andeavor Logistics LP, respectively, changes TSO says reflect its ongoing transformation.

The combined company will officially take the new name, along with new logos and new stock tickers - ANDV for Andeavor and ANDX for the logistics company, respectively - on Aug. 1; the new name will not extend to the company's retail locations, which will continue to carry the Tesoro brand.

TSO will close on its $6.4B acquisition of Western Refining by market close today, giving it a combined 1.1M barrels of refining capacity, more than 3K retail stations and 13K employees.

[benfrankledger]

Market is not doing well for downstream. Going to be interesting to see what they do next. Lower oil prices should have a positive effect but will that hold?

[nowwhat2]

Whoops here's a post which was meant for you Envestor, although Lone Star just reminded me of Pengrowth, so thanks !....Looks like you both are well attuned to the Oils

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=132128249


3:00am pacific eh ?.....So am heading back to bed....ha



.