Current RDSA Stock Info

Negotiations have resumed between Shell and union leaders
Negotiations resumed today between Royal Dutch Shell and union leaders as they work to solidify a new contract for workers at 72 oil refineries around the United States. Starting Sunday, the United Steelworkers Union (USW) sent workers at nine refineries on strike after negotiations with the industry broke down.

USW’s strike is the first at a U.S. refinery since 1980. While the number of refineries is relatively small, the nine refineries represent about 10% of total U.S. production ...

Analyst Commentary

Wells Fargo Equity Research 02.02.2015

TSO Adjustments. For Q4 2014, we have raised our refining margin estimates for the West Coast by nearly $2.00/bbl to $10.50/bbl and have increased our Mid-continent margin by approximately $0.50/bbl to $22.50/bbl. This updated view is consistent with our indicator refining margins and is more consistent with the West Coast results from two of Tesoro’s peers. Our updated Q4 2014 EPS estimate for Tesoro is now $1.54, a substantial increase from our prior $1.12.  

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