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Tesoro's income rises in 2Q

Monday, August 6, 2012

WN.com - Business News
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Tesoro's income rises in 2Q
Aug 7th 2012, 02:24

San Antonio-based pipeline partnership Tesoro Logistics LP said Monday that net income for the quarter ended June 30 was $13.1 million, or 41 cents per unit. Tesoro Logistics, a master limited partnership, went public on April 26, 2011, and as a result does not have a second-quarter comparison from the prior year. But the partnership's second-quarter earnings exceeded the expectations of analysts surveyed by Bloomberg News by more than 1 cent per unit. Revenues for...
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