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Andeavor (ANDV.N)

ANDV.N on New York Stock Exchange

96.15USD
16 Feb 2018
Change (% chg)

$-2.92 (-2.95%)
Prev Close
$99.07
Open
$98.23
Day's High
$98.96
Day's Low
$94.68
Volume
669,738
Avg. Vol
361,181
52-wk High
$121.69
52-wk Low
$75.11

Latest Key Developments (Source: Significant Developments)

Andeavor Reports Q4 Results
Thursday, 15 Feb 2018 04:54pm EST 

Feb 15 (Reuters) - Andeavor ::ANDEAVOR REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 EARNINGS PER SHARE $5.61.‍Q4 2017 REFINING SEGMENT OPERATING LOSS WAS NEGATIVELY IMPACTED BY APPROXIMATELY $185 MILLION​.QTRLY ‍REVENUES $10,652 MILLION VERSUS $6,652​ MILLION.‍Q4 2017 RESULTS ALSO INCLUDED A BENEFIT OF $918 MILLION RELATED TO RE-MEASUREMENT OF NET DEFERRED TAX LIABILITIES​.‍EXPECTS TOTAL CAPITAL EXPENDITURES FOR 2018 OF APPROXIMATELY $1.5 BILLION​.‍TURNAROUND EXPENDITURES FOR FULL YEAR 2018 ARE EXPECTED TO BE $575 MILLION​.Q4 REVENUE VIEW $10.80 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Andeavor Expands Asphalt Offering Through Acquisition
Monday, 12 Feb 2018 08:00am EST 

Feb 12 (Reuters) - Andeavor ::REG-ANDEAVOR EXPANDS ASPHALT OFFERING THROUGH ACQUISITION.ANDEAVOR - ‍AGREED TO ACQUIRE WEST COAST ASPHALT TERMINALS OF DELEK US HOLDINGS INC FOR A TOTAL CONSIDERATION OF $75 MILLION PLUS WORKING CAPITAL​.  Full Article

Andeavor files for potential senior debt shelf offering; size not disclosed
Monday, 13 Nov 2017 10:12am EST 

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
Wednesday, 8 Nov 2017 05:00pm EST 

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
Monday, 23 Oct 2017 04:57pm EDT 

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

Andeavor Q2 earnings per share $0.31
Tuesday, 8 Aug 2017 04:41pm EDT 

Aug 8 (Reuters) - Andeavor :Q2 earnings per share $0.31.Andeavor - ‍increased quarterly cash dividend by 7.3% to $0.59 per share - sec filing​.Andeavor - ‍continue to progress discussions related to a potential merger with western refining logistics​.Andeavor - ‍andeavor and andeavor logistics agreed to pursue a buy-in of idrs in exchange for units​.Andeavor qtrly ‍total segment operating income $448 million versus $806 million ​.Andeavor - ‍co remains confident in delivering an expected $350 to $425 million in annual run-rate synergies by june 2019 related to western deal​.  Full Article

Tesoro to launch Arco brand in Mexico
Tuesday, 25 Jul 2017 05:19pm EDT 

July 25 (Reuters) - Tesoro Corp ::Tesoro -reached agreement that will enable company to supply transportation fuels and launch arco brand in states of Sonora And Baja California, Mexico.Tesoro Corp says plans to integrate supply to Mexico with its west coast refining, marketing and logistics system.Tesoro- the agreement allows profesional fuels solutions, s.a. De c.v. (profuels) to begin wholesale marketing operations in Mexico under Arco brand.Tesoro Corp says expects to expand Arco brand throughout Baja California and Sonora to achieve a leading market position in both states.  Full Article

Tesoro to begin operating in Mexico
Tuesday, 18 Jul 2017 04:17pm EDT 

July 18 (Reuters) - Tesoro Corp :Reg-Tesoro to begin operating in Mexico.Tesoro Corp says reached a definitive agreement with Petróleos Mexicanos for terminaling and transportation services in Mexico.Final agreement with Pemex has now been signed and Tesoro will soon begin to move products in country through this arrangement.Tesoro Corp - Plans to integrate supply to Mexico with its west coast refining and logistics system and market products in country under Arco Brand.Tesoro Corp says agreement will enable Tesoro to supply transportation fuels in Mexican States of Sonora and baja california.  Full Article

Paul Foster reports 5.3 pct stake in Tesoro as of June 1 - SEC filing
Thursday, 8 Jun 2017 03:36pm EDT 

June 8 (Reuters) - Paul L. Foster::Paul L. Foster reports 5.3 percent stake in Tesoro Corp as of June 1, 2017 - SEC filing.  Full Article

Tesoro completes Western Refining acquisition and provides additional info on combined operations
Thursday, 1 Jun 2017 04:16pm EDT 

June 1 (Reuters) - Tesoro Corp ::Tesoro - committed to achieving initially announced expected eps accretion of 10 pct to 13 pct in 2018 from deal, first full year of operations of combined co.Tesoro Corp - is "confident" in delivering an expected $350 to $425 million in annual synergies with this run rate expected to be achieved by June 2019​.Tesoro Corp - ‍in 2017, to delivering an estimated $475 million to $575 million of annual improvements in operating income​.Tesoro- ‍for 2017, now expects total capital expenditures of approximately $1.35 billion, consisting of approximately $1.0 billion at Tesoro​.  Full Article

UPDATE 1-Andeavor to run refineries up to 96 pct combined capacity in Q1

HOUSTON, Feb 16 Independent refiner Andeavor said on Friday it plans to run its 10 U.S. refineries up to 96 percent of their combined capacity of 1.1 million barrels per day (bpd) in the first quarter of 2018.