Tesoro Logistics LP (ANDX) Scheduled to Post Earnings on Wednesday

Tesoro Logistics LP (NYSE:ANDX) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, November 8th. Analysts expect the company to announce earnings of $0.59 per share for the quarter.

Shares of Tesoro Logistics LP (NYSE:ANDX) opened at $44.66 on Monday. The stock has a market capitalization of $4,921.71, a price-to-earnings ratio of 22.00, a PEG ratio of 3.49 and a beta of 1.12. Tesoro Logistics LP has a 1-year low of $43.21 and a 1-year high of $60.14. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 2.11.

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ANDX has been the subject of a number of research analyst reports. Mitsubishi UFJ Financial Group upgraded Tesoro Logistics from a “neutral” rating to an “overweight” rating and set a $60.00 target price for the company in a report on Wednesday, August 16th. Morgan Stanley initiated coverage on Tesoro Logistics in a report on Wednesday, August 2nd. They issued an “overweight” rating for the company.

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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