SOURCE: Wall Street Equity Research

Wall Street Equity Research

September 01, 2010 08:55 ET

Research on Tesoro and Frontier Oil - Refineries Weathering Industry Challenges

JOHANNESBURG, SOUTH AFRICA--(Marketwire - September 1, 2010) -  www.wallstreetequityresearch.com offers world class analysis on oil & gas refining & marketing companies Tesoro Corporation (NYSE: TSO) and Frontier Oil Corp. (NYSE: FTO). Sign up today at www.wallstreetequityresearch.com to receive free research reports on these companies.

The Oil and Gas sector as a whole has turned somewhat bearish as of late as crude prices fell on signs of a cooling economic recovery. This has resulted in a one-month high in supply levels. Prices aren't expected to recover until later in the year.

www.wallstreetequityresearch.com is a specialized website where investors can have full access to free reports on oil & gas refining & marketing stocks; traders looking for analyst opinions on Tesoro Corporation and Frontier Oil Corp. are welcomed to sign up for a free one year membership at http://www.wallstreetequityresearch.com/

However, this hasn't been all bad news for the Refining and Marketing sector. While spot prices did fall for gasoline and diesel, they fell faster than wholesale rack and retail prices. This resulted in improved margins for many companies within the sector. This combined with increased U.S. and Canadian crude output rising alongside of demand, turned out to show a second quarter of solid profits. Visit us at http://www.wallstreetequityresearch.com/ to understand the catalysts and forces driving or affecting oil & gas refining & marketing companies in today's economic environment.

For the second quarter of this year, Tesoro Corporation posted strong profits of $67 million on revenue of $5.1 billion reversing a previous loss of $45 million in the same quarter in 2009. Shareholders and investors can access the free research Tesoro Corporation now by signing up at http://wallstreetequityresearch.com/September012010TesoroCorporation(TSO)010910.php.

Frontier Oil Corp. also delivered positive results this season with profits per share of $0.63 and revenue of $1.55 billion. The www.wallstreetequityresearch.com has also compiled a free research on Frontier Oil Corp. that can be downloaded now by signing up at http://wallstreetequityresearch.com/September012010FrontierOilCorp.(FTO)010910.php.

With several key refineries scheduled to return to production after going down for maintenance, overall sector health should be strong. In the short term, it's possible that fuel demand falls over Labor Day weekend if hurricanes miss the Gulf of Mexico. Labor Day weekend is typically the peak of summer driving season.

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