Key Developments: Tesoro Logistics LP (TLLP.N)

TLLP.N on New York Stock Exchange

63.27USD
17 May 2013
Price Change (% chg)

$0.64 (+1.02%)
Prev Close
$62.63
Open
$62.50
Day's High
$65.96
Day's Low
$62.50
Volume
83,327
Avg. Vol
91,476
52-wk High
$66.43
52-wk Low
$29.27

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Latest Key Developments (Source: Significant Developments)

Tesoro Logistics LP Reaffirms FY 2013 EBITDA Guidance-Conference Call
Tuesday, 7 May 2013 08:30am EDT 

Tesoro Logistics LP announced that for fiscal 2013, it expects to deliver $140 million of EBITDA from existing assets.  Full Article

Tesoro Logistics LP Announces Quarterly Distribution
Thursday, 18 Apr 2013 04:17pm EDT 

Tesoro Logistics LP announced the declaration of its quarterly cash distribution for the first quarter 2013 of $0.49 per limited partnership unit, or $1.96 on an annualized basis. This distribution represents a 4% increase over the quarterly distribution of $0.4725 per unit ($1.89 per unit on an annualized basis) paid in February 2013. In the prior four quarters, TLLP has increased its distribution to limited partners by 30%. The first quarter distribution will be paid May 14, 2013 to all unitholders of record on May 3, 2013.  Full Article

Tesoro Logistics LP Reaffirms FY 2013 EBITDA Guidance-Conference Call
Wednesday, 13 Feb 2013 08:30am EST 

Tesoro Logistics LP announced that it begins fiscal 2013 with a significantly enhanced portfolio of base assets that the Company believe that it will generate annual EBITDA of about $140 million annually.  Full Article

Tesoro Logistics LP Announces Quarterly Distribution
Wednesday, 23 Jan 2013 04:32pm EST 

Tesoro Logistics LP announced the declaration of its quarterly cash distribution for the fourth quarter 2012 of $0.4725 per limited partnership unit, or $1.89 on an annualized basis. This distribution represents a 4% increase over the quarterly distribution of $0.4550 per unit ($1.82 per unit on an annualized basis) paid in November 2012. The fourth quarter distribution will be paid February 14, 2013 to all unitholders of record on February 4, 2013.  Full Article

Tesoro Logistics LP Reaffirms FY 2013 EBITDA Guidance
Monday, 7 Jan 2013 08:00am EST 

Tesoro Logistics LP announced that for fiscal 2013, it expects EBITDA from Company's current asset base remains at approximately $140 million.  Full Article

Tesoro Logistics LP Issues Q4 2012 EBITDA Guidance In Line With Analysts' Estimates-Conference Call
Friday, 16 Nov 2012 01:30pm EST 

Tesoro Logistics LP announced that for the fourth quarter of 2012, it expects to generate EBITDA between $27 million and $30 million. According to I/B/E/S Estimates, analysts are expecting the Company to report EBITDA of $27 million for the fourth quarter of 2012.  Full Article

Tesoro Logistics LP Reaffirms FY 2013 EBITDA Guidance-Conference Call
Tuesday, 7 Aug 2012 12:30pm EDT 

Tesoro Logistics LP announced that it plans already in place to deliver $100 million of EBITDA in fiscal 2013 through optimization and capital investments, these additional drop downs take EBITDA objective for fiscal 2013 to about $140 million.  Full Article

Tesoro Logistics LP Issues FY 2013 EBITDA Guidance-Conference Call
Tuesday, 8 May 2012 12:30pm EDT 

Tesoro Logistics LP announced that it continues to expect that organic growth plan, along with the Martinez Terminal drop-down, will drive EBITDA to $100 million for fiscal 2013 or nearly double the EBITDA at the time of public offering this time last year.  Full Article

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