Transmontaigne Partners L.P. (NYSE:TLP) makes this statement: “We believe that we will be able to generate sufficient cash from operations in the future to fund our working capital requirements and our distributions to unitholders. We expect to initially fund our approved capital projects and our approved future expansion, development and acquisition opportunities, if any, with additional borrowings under our amended and restated senior secured credit facility, or credit facility. After initially funding expenditures for approved capital projects and approved future expansion, development and acquisition opportunities, if any, with borrowings under our credit facility, we may raise funds through additional equity offerings and debt financing, which may include the issuance of senior unsecured notes.” Shares closed down 1.07 percent on the day at $36.90, and have traded in a 52-week range of $29.65 to $37.50.
Don’t Miss: Gambling Is Facebook’s Newest Revenue HOPE.
Tesoro Corporation (NYSE:TSO) shares closed up 5.04 percent on the day at $34.41 after the Chevron refinery fire in Richmond, California. They have traded between $17.43 and $33.06 during the past 52 weeks.
Vitamin Shoppe, Inc. (NYSE:VSI) predicts comparable store sales growth within the mid-single digits for the rest of 2012. The firm intends to open 52 new stores in the current year and foresees continued improvement in its operating income margin. Shares closed up 6.72 percent on the day at $60.52, having been traded in a 52-week range of $34.49 to $58.88.
Exxon Mobil Corp. (NYSE:XOM): The United States Energy Information Administration forecasts that Brent crude oil spot prices will average approximately $103 per barrel during the second half of this year, which is around $3.50 per barrel more than in last month’s Outlook, but the same spot price is expected to drop to an average of $100 per barrel in 2013. The anticipated West Texas Intermediate crude oil spot price discount to Brent crude oil should be reduced from about $14 in the third quarter of 2012 to $9 by late in 2013, according to the Administration. With higher crude prices, EIA has increased the average regular gasoline retail price prediction for the third quarter of this year to $3.49 per gallon, up from the $3.39 per gallon in July’s Outlook. The Administration has decreased its 2012 ethanol production forecast from 900 thousand barrels per day, or 13.8 billion gallons, in July, to 870 thousand barrels per day, or 13.3 billion gallons. Fianlly, EIA projects that the Henry Hub natural gas spot price, which averaged $4.00 per million British thermal units last year, to average $2.67 per MMBtu in 2012 and up to $3.34 per MMBtu in 2013. Exxon shares closed up 0.54 percent on the day at $87.92, and have been traded in a 52-week range of $67.03 to $87.94.
Don’t Miss: Will Amazon Deliver a Revolution in Shipping?
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.