2016: Tesoro Corp has agreed to buy Western Refining for $4.1 billion. Andeavor was an independent refiner and marketer of petroleum products, operating ten refineries in the Western United States with a combined rated crude oil capacity of approximately 1,200,000 barrels (190,000 m 3) per day.Andeavor's retail-marketing system included approx.
U.S. pipeline operator Andeavor Logistics LP said on Monday it would buy rival Western Refining Logistics LP for $1.5 billion as it seeks to expand into the Permian Basin in Texas and New Mexico. Tesoro and Western Refining are now Andeavor. Tesoro Corp., which bought Western, will change its name to Andeavor Aug. 1. Foster founded Western Refining and last year sold it to Andeavor (formerly called Tesoro) for $6.4 billion.
On August 1, 2017, the company changed its ticker symbol to "ANDV" from "TSO". 2017: Tesoro announces that it will be changing its name to Andeavor following its acquisition of Western Refining. 2016/17: Par Pacific Inc. rebrands its Tesoro and 76 gas stations as Hele.
HOUSTON – Bracewell LLP represented the Conflicts Committee of the Board of Directors of the general partner of Western Refining Logistics, LP in its merger with Andeavor Logistics LP in a unit-for-unit transaction for a total enterprise value of $1.8 billion, including net debt.. For additional information, please click here.. Bracewell lawyers involved in this transaction included:
SAN ANTONIO, TEXAS - October 30, 2017 - Andeavor Logistics LP and Andeavor today announced that Andeavor Logistics has completed its acquisition of Western Refining Logistics, LP in …
Marathon Petroleum's Recent Acquisition Looks to Be Paying Off The decision to buy Andeavor for $23 billion is looking like a shrewd move based on the refiner's fourth-quarter earnings result. Please visit www.andeavor.comwww.andeavor.com Marathon Petroleum Corp. agreed to buy rival Andeavor for $23.3 billion in the biggest-ever deal for an oil refiner that would create the largest independent fuel maker in the U.S. Marathon Petroleum's $23.3 billion acquisition of Andeavor is a boon for some insiders.
1 U.S. refiner by capacity and a top-five refiner globally, with a throughput capacity of more than 3 million barrels per day across 16 refineries.
San Antonio-based Andeavor's refineries in California, the midcontinent and the Pacific Northwest complement Findlay, Ohio-based MPC's existing Gulf Coast and Midwest refining footprint.
Andeavor Logistics to acquire Western Refining Logistics in a unit-for-unit transaction for a total enterprise value of $1.8 billion, including net debt. A banner with the new Andeavor logo hangs near an entrance to Western Refining's El Paso refinery. Andeavor closed on its acquisition of El Paso-based Western Refining in June 2017. The combined company will be the No.
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