While Tesoro did miss on normalized earnings per share this past quarter, coming in at $1.34 rather than the expected $1.41, in this video, Motley Fool energy analyst Joel South looks at other positives to highlight from the company's earnings report. The company was able to increase revenue to $8.2 billion in addition to improving margins due to the current availability of cheap WTI-benchmarked crude. Joel also discusses Tesoro's plan to gain a long-term competitive advantage by securing discounted feedstock for its West Coast refineries.
There are many different ways to play the energy sector, and our analysts have uncovered an under-the-radar company that's dominating its industry. This company is a leading provider of equipment and components used in drilling and production operations, and poised to profit in a big way from it. To get the name and detailed analysis of this company that will prosper for years to come, check out our special free report: "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report -- it's totally free.
The article Tesoro Missed on EPS, but It's Still a Buy originally appeared on Fool.com.
Joel South has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.