Tesoro Logistics on Google Finance
Tesoro Logistics, now known as Andeavor Logistics following its acquisition by Marathon Petroleum, was a publicly traded master limited partnership (MLP) that operated primarily in the western and mid-continent regions of the United States. Before its acquisition, investors often turned to Google Finance to track its stock performance, news, and financial data. While “Tesoro Logistics” is no longer an independently traded entity, understanding its historical presence on platforms like Google Finance offers insights into how investors monitored MLPs and energy infrastructure companies.
When Tesoro Logistics was actively traded, Google Finance provided a readily accessible snapshot of its stock information. Key features included the real-time stock price, intraday price fluctuations presented through interactive charts, and historical price data spanning various timeframes (e.g., daily, weekly, monthly, annually). This historical data allowed investors to analyze price trends and patterns, informing their investment decisions.
Beyond price data, Google Finance offered essential financial statements for Tesoro Logistics, such as its income statement, balance sheet, and cash flow statement. These statements allowed users to delve into the company’s revenue, expenses, assets, liabilities, and cash generation capabilities. Metrics derived from these statements, like earnings per share (EPS), price-to-earnings (P/E) ratio, and dividend yield (critical for MLPs), were also readily available. Analyzing these metrics helped investors assess the company’s profitability, valuation, and potential for income generation.
Given its MLP structure, investors paid close attention to Tesoro Logistics’ dividend yield. Google Finance displayed the current and historical dividend yields, allowing investors to evaluate the attractiveness of its income stream compared to other investment options. The distribution history was a crucial factor for income-seeking investors, especially considering the tax implications associated with MLP investments.
Google Finance also aggregated news articles and press releases related to Tesoro Logistics from various sources. This feature allowed investors to stay updated on company announcements, industry trends, regulatory changes, and other factors that could impact the stock price. Analyzing these news items provided context for the stock’s performance and helped investors make informed decisions.
While you can no longer track “Tesoro Logistics” directly, searching for “Andeavor Logistics” on Google Finance might redirect you to information related to Marathon Petroleum (MPC) as the successor entity. You can also often find historical data archives through various financial data providers. Understanding how investors previously utilized Google Finance to track companies like Tesoro Logistics illustrates the importance of accessible financial information, real-time updates, and comprehensive data analysis in making informed investment decisions, particularly in the complex world of MLPs and the energy sector.