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Andeavor (ANDV.N)

ANDV.N on New York Stock Exchange

135.05USD
22 Jun 2018
Change (% chg)

$-0.01 (-0.01%)
Prev Close
$135.06
Open
$137.02
Day's High
$137.66
Day's Low
$134.69
Volume
1,635,759
Avg. Vol
543,661
52-wk High
$151.77
52-wk Low
$89.58

Latest Key Developments (Source: Significant Developments)

Marathon, Andeavor Don't Expect Divestitures For Deal Approval - Conf Call
Monday, 30 Apr 2018 

April 30 (Reuters) - Marathon Petroleum Corp ::MARATHON PETROLEUM CORP PLANS TO LEVERAGE SPEEDWAY'S RETAIL PRESENCE ACROSS THE COUNTRY TO HELP PROFITABILITY - CONF CALL.MARATHON PETROLEUM - EXPANDED PERMIAN PRESENCE PROVIDES FOR FUTURE GROWTH OPPORTUNITIES - CONF CALL.MARATHON PETROLEUM - COMBINED COMPANY WELL POSITIONED FOR CRUDE PRICE DIFFERENTIALS, SULPHUR REGULATIONS - CONF CALL. MARATHON PETROLEUM CEO - "WE WON'T BE STOPPING ANYTHING THAT WE ACCOMPLISHED" DUE TO MERGER- CONF CALL.MARATHON PETROLEUM - MLPS WON'T COME TOGETHER FOR SOME TIME, THAT'S A DAY 2 ISSUE - CONF CALL.ANDEAVOR <<>> CEO SAYS PROCESS FOR DEAL APPROVAL SHOULDN'T BE UNUSUAL- CONF CALL.ANDEAVOR CEO - WE DO NOT SEE ANYTHING TODAY THAT DOESN'T FIT IN THE COMPANY - CONF CALL.ANDEAVOR CEO - WILL HELP THE COMPANY MOVE FORWARD IN TECHNOLOGY- CONF CALL.MARATHON PETROLEUM - LOOKING AT OTHER OPPORTUNITIES TO TRANSFER CRUDE INTO THE GALVESTONE AREA - CONF CALL.ANDEAVOR - ANDEAVOR'S RETAIL BUSINESS GETS STRENGTH FROM SPEEDWAY BUSINESS - CONF CALL.  Full Article

Marathon Petroleum Says If Deal Is Terminated Andeavor Pay Co A Termination Fee Of $600 Mln In Cash
Monday, 30 Apr 2018 

April 30 (Reuters) - Andeavor ::MARATHON PETROLEUM SAYS IF DEAL IS TERMINATED UNDER CERTAIN CONDITIONS, ANDEAVOR WILL BE OBLIGATED TO PAY CO A TERMINATION FEE OF $600 MILLION IN CASH.MARATHON PETROLEUM SAYS IF DEAL TERMINATED UNDER CERTAIN CONDITIONS, CO TO PAY ANDEAVOR A REVERSE TERMINATION FEE OF $800 MILLION IN CASH .  Full Article

Marathon Petroleum Corp Reports Q1 Earnings Per Share $0.08
Monday, 30 Apr 2018 

April 30 (Reuters) - Marathon Petroleum Corp ::Marathon Petroleum Corp. REPORTS FIRST-QUARTER 2018 RESULTS.Q1 EARNINGS PER SHARE $0.08.Q1 EARNINGS PER SHARE VIEW $0.15 -- THOMSON REUTERS I/B/E/S.QTRLY TOTAL REVENUES AND OTHER INCOME $18,984 MILLION VERSUS $16,393 MILLION.  Full Article

Marathon Petroleum And Andeavor Combination To Create Leading U.S. Refining, Marketing, And Midstream Co
Monday, 30 Apr 2018 

April 30 (Reuters) - Marathon Petroleum Corp ::MARATHON PETROLEUM CORP. AND ANDEAVOR COMBINATION TO CREATE LEADING U.S. REFINING, MARKETING, AND MIDSTREAM COMPANY.MARATHON PETROLEUM CORP - DEAL FOR TOTAL ENTERPRISE VALUE OF $35.6 BILLION.MARATHON PETROLEUM CORP - DEAL FOR TOTAL EQUITY VALUE OF $23.3 BILLION.MARATHON PETROLEUM CORP - ANDV SHAREHOLDERS WILL HAVE OPTION TO CHOOSE 1.87 SHARES OF MPC STOCK, OR $152.27 IN CASH.MARATHON PETROLEUM CORP - STOCK PORTION OF CONSIDERATION RECEIVED BY ANDEAVOR'S SHAREHOLDERS IS EXPECTED TO BE TAX-FREE..MARATHON PETROLEUM - EXPECT ≥ $1 BILLION TANGIBLE COST, OPERATING SYNERGIES FROM DEAL, DRIVING SUBSTANTIAL LONG-TERM EARNINGS, CASH FLOW/SHARE ACCRETION.MARATHON PETROLEUM - AT CLOSING, GREG GOFF, ANDV CHAIRMAN AND CEO, WILL JOIN MPC AS EXECUTIVE VICE CHAIRMAN.MARATHON PETROLEUM - DEAL TO BE IMMEDIATELY ACCRETIVE TO EARNINGS AND CASH FLOW PER SHARE.MARATHON PETROLEUM CORP - MPC'S BOARD APPROVED AN INCREMENTAL $5 BILLION OF REPURCHASE AUTHORIZATION.MARATHON PETROLEUM CORP - PLANS TO MAINTAIN CURRENT CAPITAL ALLOCATION STRATEGIES, INCLUDING CONTINUED DIVIDEND GROWTH.MARATHON PETROLEUM - MPC AND ANDV SHAREHOLDERS WILL OWN ABOUT 66 PERCENT AND 34 PERCENT OF COMBINED COMPANY, RESPECTIVELY.MARATHON PETROLEUM CORP - BELIEVES INCREMENTAL CASH GENERATED BY TRANSACTION WILL EXCEED $5 BILLION OVER FIRST FIVE YEARS.  Full Article

Marathon Petroleum To Buy Andeavor For More Than $20 Bln - WSJ
Monday, 30 Apr 2018 

April 29 (Reuters) - :MARATHON PETROLEUM TO BUY ANDEAVOR FOR MORE THAN $20 BILLION - WSJ, CITING SOURCES.MARATHON PETROLEUM-ANDEAVOR DEAL VALUES ANDEAVOR AT ABOUT $150 A SHARE IN STOCK AND CASH - WSJ.  Full Article

Rangeland Energy To Sell Rangeland Energy To Andeavor
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Andeavor ::PRESS RELEASE - RANGELAND ENERGY TO SELL RANGELAND ENERGY II, LLC TO ANDEAVOR.RANGELAND ENERGY TO SELL RANGELAND ENERGY II, LLC TO ANDEAVOR.RANGELAND ENERGY - CO, ENCAP FLATROCK MIDSTREAM ENTERED DEAL TO SELL RANGELAND ENERGY II TO TESORO REFINING & MARKETING FOR AN UNDISCLOSED AMOUNT​.RANGELAND ENERGY - CO, ENCAP FLATROCK MIDSTREAM TO SELL RANGELAND ENERGY II TO TESORO REFINING & MARKETING IN ALL CASH TRANSACTION.  Full Article

Andeavor files for potential senior debt shelf offering; size not disclosed
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Andeavor :Andeavor files for potential senior debt shelf offering; size not disclosed - SEC filing‍​.  Full Article

Andeavor reports Q3 earnings per share $3.49
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Andeavor ::Andeavor reports third quarter 2017 results.Q3 earnings per share $3.49.Q3 earnings per share view $3.01 -- Thomson Reuters I/B/E/S.Andeavor - qtrly ‍revenues $9,836 million versus $6,544 million​.Q3 revenue view $9.60 billion -- Thomson Reuters I/B/E/S.Andeavor qtrly ‍total diluted eps $3.54; qtrly diluted EPS from continuing operations $3.49​.  Full Article

Andeavor El Paso refinery reports compressor back to normal ops after shutdown
Tuesday, 24 Oct 2017 

Oct 23 (Reuters) - Andeavor ::Andeavor El Paso, Texas refinery reports compressor shut down causing venting to the south main flare.Andeavor El Paso, Texas refinery reports the compressor was restarted, pressures stabilized, and unit returned to normal operations.Andeavor El Paso, Texas refinery reports emissions from south main flare, south plant flare.  Full Article

Tesoro announces expected closing date for Western Refining acquisition and election deadline
Thursday, 25 May 2017 

May 24 (Reuters) - Tesoro Corp :Tesoro announces expected closing date for Western Refining acquisition and election deadline.  Full Article

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Trump biofuel policy overhaul to include fewer refinery waivers: source

The Trump administration will scale back the use of biofuels waivers for small refineries and count ethanol exports toward federal biofuels usage quotas as part of a broad overhaul of the nation's renewable fuel policy, a source briefed on the plans said on Friday.