Tesoro Logistics L.P (TLLP) Misses Q4 EPS by 18c
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Tesoro Corporation Reports Fourth Quarter and Record Full Year Results for 2015
February 1, 2016 6:54 PM ESTTesoro Corporation Reports Fourth Quarter and Record Full Year Results for 2015
Record full year net earnings from continuing operations of $1.5 billion, or $12.39 per diluted share Excluding special items, adjusted earnings for 2015 were $1.7 billion, or $13.91 per diluted share Adjusted EBITDA for the quarter was $665 million and adjusted earnings were $221 million, or $1.83 per diluted share Record marketing segment performance for the year with operating income of $899 million... MoreTesoro Logistics LP Reports Fourth Quarter and Full Year 2015 Results
February 1, 2016 6:54 PM ESTFourth quarter net earnings of $66 million, or $0.49 per diluted common limited partner unit Fourth quarter adjusted EBITDA up 65% to $155 million, full year 2015 adjusted EBITDA up 100% to $636 million Distributable cash flow up 104% to $104 million for fourth quarter, full year 2015 distributable cash flow up 92% to $422 million Rockies natural gas business 2015 adjusted EBITDA contribution of $285 million, exceeding $275 million target Raised quarterly distribution 17% from prior year to $0.7800 per... More

