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News Breaks
November 9, 2009
15:10 EDTTSO
theflyonthewall.com: Tesoro will continue to evaluate dividend policy
The company announced that it reduced its dividend to 5c from 10c this morning and will continue to evaluate the dividend policy. Tesoro said there other ways it is considering allocating capital, especially to high return projects. There are hundreds of projects, which are going to require a high level of execution and to be able to complete all these as quickly as the company wants to complete them and have the right sequencing and priority becomes much more challenged than the dividend. These comments were made from the Q3 Earnings Conference call. :theflyonthewall.com



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February 1, 2012
06:32 EDTTSO
theflyonthewall.com: U.S. refiners, United Steelworkers in tentative contract agreement, WSJ reports

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:theflyonthewall.com