ANDX News and Press, Andeavor Logistics LP representing Limited Partner Interests From 05/10/19

In many cases regarding M&As (mergers and acquisitions), deals can tend to complicate corporate structures, but this isn't always the case. In other deals, like the recently announced transaction whereby MPLX LP ( MPLX ) will be merging with Andeavor Logistics ( ANDX ) in what will e...

Andeavor Logistics LP (ANDX) Acquisition by MPLX Call May 8, 2019 08:30 AM ET Company Participants Kristina Kazarian - VP, IR of MPLX Gary Heminger - Chairman and CEO of MPLX Mike Hennigan - President of MPLX Pam Beall - CFO of MPLX Don Sorensen - President of Andeavor Logist...

Capital spending has been a hot topic across energy in the wake of the oil price drop in 4Q18 and in the aftermath of the broader oil downturn from 2014-2016. Investors want to see energy companies demonstrate capital discipline with the goal of achieving free cash flow and improved returns. T...

Andeavor Logistics (NYSE: ANDX ): Q1 GAAP EPS of $0.60 misses by $0.09. More news on: Andeavor Logistics LP, Earnings news and commentary, Energy stocks news, Read more ...

Marathon Petroleum (NYSE: MPC ) announces the merger of its MPLX and Andeavor Logisitcs (NYSE: ANDX ) midstream units in a unit-for-unit transaction valued at ~$9B. More news on: Marathon Petroleum Corporation, MPLX LP, Andeavor Logistics LP, Energy stocks news, Merger & acquisitio...

FINDLAY, Ohio , May 8, 2019 /PRNewswire/ -- Reported first-quarter net earnings of $157 million and EBITDA of $319 million , which provided 1.06x distribution coverage and resulted in 3.9x leverage Terminalling and Transportation segment operating income of $152 million and EBIT...

FINDLAY, Ohio , May 8, 2019 /PRNewswire/ --  Reported first quarter net income of $503 million and adjusted EBITDA of $930 million , which provided 1.41x distribution coverage and resulted in 3.9x leverage Logistics & Storage segment income from operations of $4...

FINDLAY, Ohio , May 8, 2019 /PRNewswire/ --   Reported first-quarter loss of $7 million , or $(0.01) per diluted share, including a net benefit of $0.08 per diluted share due to a non-cash gain, transaction-related costs, and tax adjustments Refining & Marketing s...

FINDLAY, Ohio , May 8, 2019 /PRNewswire/ -- Marathon Petroleum Corporation (NYSE: MPC), MPLX LP (NYSE: MPLX), and Andeavor Logistics LP (NYSE: ANDX) today announced that the two midstream companies have entered into a definitive merger agreement whereby MPLX will acquire ANDX in a unit-...

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