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Sep 28, 2018Andeavor Announces Results of Marathon Petroleum Corp. Acquisition Conversion Election
SAN ANTONIO, TX - September 28, 2018 - Andeavor (NYSE: ANDV) announced today the preliminary results of the stockholder election consideration related to the previously announced acquisition by Marathon Petroleum Corporation ("Marathon") (NYSE: MPC). On April 29, 2018, Andeavor, Marathon, Mahi Inc. and Andeavor LLC (f/k/a Mahi LLC) entered into an Agreement and Plan of Merger (the "Merger Agreement") providing for the acquisition of Andeavor by Marathon through a merger of Ma... 
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Sep 24, 2018Andeavor Stockholders Approve Merger of Marathon Petroleum Corp. and Andeavor
SAN ANTONIO, TX - September 24, 2018 - Stockholders of both Andeavor (NYSE: ANDV) and Marathon Petroleum Corporation (NYSE: MPC) today voted to approve the merger of MPC and Andeavor.  At separate special stockholders' meetings, Andeavor stockholders approved the adoption of the previously disclosed agreement and plan of merger, and MPC stockholders approved the issuance of shares of MPC common stock in connection with the merger. Andeavor's proposal to approve the transaction was supported by ... 
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Sep 17, 2018Andeavor Honors Top Suppliers
SAN ANTONIO, Sept. 17, 2018 (GLOBE NEWSWIRE) -- Andeavor (NYSE: ANDV) is pleased to announce the recipients of its annual Supplier Recognition Awards, selected for outstanding performance in alignment with Andeavor’s Guiding Principles. Andeavor presented awards to suppliers in various categories, including: Supplier of the Year Safety Innovation and Value Delivery Shared Value Small, Disadvantaged or Diverse Business of the Year Award recipients were chosen for exceptio... 
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Sep 13, 2018Marathon Petroleum Corporation and Andeavor announce successful early note exchange tender period
(GLOBE NEWSWIRE via COMTEX) --                                                 Marathon Petroleum Corporation and Andeavor announce successful early note exchange tender period FINDLAY, Ohio, and SAN ANTONIO, Texas, Sept. 13, 2018 - Marathon Petroleum Corporation (NYSE: MPC) and Andeavor (NYSE: ANDV) today announced that, in connection with the previously announced offers to exchange (the "Exchange Offers") any and all outstanding senior notes issued by Andeavor as set forth in the table b... 
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Aug 29, 2018Marathon Petroleum Corporation Commences Exchange Offers and Andeavor Commences Consent Solicitations
Marathon Petroleum Corporation Commences Exchange Offers and Andeavor Commences Consent Solicitations FINDLAY, Ohio, and SAN ANTONIO, Texas, Aug. 29, 2018 - Marathon Petroleum Corporation (NYSE: MPC) ("MPC") and Andeavor (NYSE: ANDV) today announced that, in connection with the anticipated combination of MPC and Andeavor, MPC has commenced offers to exchange (each an "Exchange Offer" and collectively, the "Exchange Offers") any and all outstanding notes issued by An... 
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Aug 6, 2018Andeavor Reports Second Quarter 2018 Results
Reported quarterly earnings of $515 million, or $3.38 per diluted share, consolidated net earnings of $582 million and EBITDA of $1,150 million Subject to approval of shareholders and customary closing conditions, expecting to close strategic combination with Marathon on October 1, 2018; Andeavor shareholder meeting scheduled for September 24, 2018 Announced participation in Gray Oak Pipeline and South Texas Gateway Terminal joint ventures on April 24, 2018 to transport Permian Basin crude o... 
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Aug 3, 2018Marathon Petroleum Corp. and Andeavor announce filing of definitive proxy statement
FINDLAY, Ohio, and SAN ANTONIO, Texas, August 3, 2018 - Marathon Petroleum Corp. (NYSE: MPC) and Andeavor (NYSE: ANDV) today filed a joint definitive proxy statement and prospectus with the U.S. Securities and Exchange Commission regarding the pending merger pursuant to which MPC has agreed to acquire all of Andeavor’s outstanding shares.A special meeting of Andeavor stockholders has been set for Monday, Sept. 24, 2018, at 9 a.m. Central Time at the JW Marriott San Antonio, 23808 Resort Parkway,... 
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Jul 11, 2018Andeavor to Release Second Quarter 2018 Earnings
SAN ANTONIO, TX - July 11, 2018 - Andeavor (NYSE: ANDV) plans to release its earnings for the second quarter 2018 after the market closes on Monday, August 6, 2018. About AndeavorAndeavor is a premier, highly integrated marketing, logistics and refining company. Andeavor's retail-marketing system includes more than 3,200 stores marketed under multiple well-known fuel brands, including ARCO®, SUPERAMERICA®, Shell®, Exxon(TM), Mobil(TM), Tesoro, USA Gasoline(TM) and Giant®. It also has ownership ... 
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Jul 3, 2018Marathon Petroleum Corp. and Andeavor Announce Expiration of HSR Act Waiting Period
FINDLAY, Ohio, and SAN ANTONIO, Texas, July 3, 2018 – Marathon Petroleum Corp. (NYSE: MPC) and Andeavor (NYSE: ANDV) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired in connection with the proposed transaction whereby MPC would acquire all of Andeavor’s outstanding shares. The parties have also received the necessary regulatory clearance by the Canadian Commissioner of Competition pursuant to the Competition Act (Canada).Together,... 
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Jun 6, 2018Andeavor to Develop Fuel Storage Facility in Baja California
SAN ANTONIO, TEXAS - June 6, 2018 - Andeavor (NYSE: ANDV) today announced plans to build a refined products terminal at the Rosarito storage facility of Comisión Federal de Electricidad (CFE), in the state of Baja California. Under the terms of an agreement with CFEnergía a subsidiary of CFE, Andeavor will sign a long-term lease for the land and will construct and operate the facility, for a total investment of approximately $100 million. The infrastructure is expected to reduce Andeavor's cost ... 
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May 21, 2018Andeavor Completes Asphalt Terminals Acquisition
SAN ANTONIO, TEXAS - May 21, 2018 - Andeavor (NYSE: ANDV) today announced that it has completed the acquisition of the West Coast asphalt terminals of Delek US Holdings, Inc. (NYSE: DK) for a total consideration of $75 million, plus working capital. The assets, formerly the Alon Asphalt Company, include four wholly-owned terminals in Elk Grove, CA; Bakersfield, CA; Mojave, CA; and Phoenix, AZ; as well as 50 percent interest in the Paramount Nevada Asphalt Company joint venture terminal in Fernle... 
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May 7, 2018Andeavor Reports First Quarter 2018 Results
Reported quarterly earnings of $164 million, or $1.07 per diluted share, consolidated net earnings of $237 million and EBITDA of $680 million Returned $348 million to shareholders in dividends and share repurchases Announced strategic combination with Marathon Petroleum Corp. Announced participation in new Gray Oak Pipeline and South Texas Gateway Terminal to move Permian Basin crude oil to Corpus Christi, TX Announced expected $1.6 to $1.7 billion drop down and asset transfer to Andeavo... 
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Apr 30, 2018Marathon Petroleum Corp. and Andeavor Combination to Create Leading U.S. Refining, Marketing, and Midstream Company
Creates a leading nationwide integrated energy company with an initial enterprise value greater than $90 billion1 Substantially increases geographic diversification and scale positioning the company for long-term growth and value creation Immediately accretive to earnings and cash flow per share2 Expect >= $1 billion of tangible cost and operating synergies, driving substantial long-term earnings and cash flow per share accretion Continued commitment to MPC's 2018 capital return pl... 
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Apr 24, 2018Andeavor to Participate in New Permian Crude Oil Pipeline and Marine Terminal
SAN ANTONIO, TEXAS - April 24, 2018 - Andeavor (NYSE: ANDV) today announced participation in two new joint ventures that support the transportation of crude oil from the Permian Basin to Corpus Christi, Texas with connection to a marine terminal under development. Gray Oak Pipeline, LLC, a joint venture owned 75 percent by Phillips 66 Partners (NYSE: PSXP) and 25 percent by Andeavor, is a pipeline system providing crude oil transportation from West Texas to destinations in the Corpus Christi, ... 
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Apr 4, 2018Andeavor to Release First Quarter 2018 Earnings
(GLOBE NEWSWIRE via COMTEX) --SAN ANTONIO, TX - April 4, 2018 - Andeavor (NYSE: ANDV) plans to release its earnings for the first quarter 2018 after the market closes on Monday, May 7, 2018. The Company will live broadcast its conference call with analysts regarding its quarterly results and other business matters on Tuesday, May 8, 2018 at 7:30 a.m. CT. Interested parties may listen to the conference call by logging on to www.andeavor.com. About Andeavor Andeavor is a premier, highly inte... 
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Mar 15, 2018Andeavor and Andeavor Logistics Respond to FERC Announcement
SAN ANTONIO - March 15, 2018 - The Federal Energy Regulatory Commission ("FERC"), today announced that it would be revising its policy regarding income tax allowances in the rates of pipelines operated by MLPs. Andeavor Logistics (NYSE: ANDX) operates some FERC regulated pipelines, but anticipates that the ruling may only have a possible annual negative impact to Andeavor Logistics' net earnings and EBITDA of less than $10 million, which reflects the entire potential impact of changes in the F... 
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Feb 23, 2018Andeavor to Present at the Raymond James Institutional Investors Conference
SAN ANTONIO, TEXAS - February 23, 2018 - Andeavor (NYSE: ANDV) today announced that Greg Goff, Chairman and CEO, will address investors at the Raymond James Institutional Investors Conference in Orlando, Florida, on Monday, March 5, 2018, at 11:00 AM, Eastern Time. Investor materials to be used during this presentation, a live webcast and a replay of the webcast will be available on Andeavor's website in the investor relations section at www.andeavor.com. About AndeavorAndeavor is a premier, h... 
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Feb 23, 2018Andeavor to Present at the Bank of America Merrill Lynch 2018 Refining Conference
SAN ANTONIO, TEXAS - February 23, 2018 - Andeavor (NYSE: ANDV) today announced that Steven Sterin, Executive Vice President and CFO, will address investors at the Bank of America Merrill Lynch 2018 Refining Conference in New York on Thursday, March 8, 2018, at 10:15 AM, Eastern Time. Investor materials to be used during this presentation, a live webcast and a replay of the webcast will be available on Andeavor's website in the investor relations section at www.andeavor.com. About AndeavorAndea... 
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Feb 15, 2018Andeavor Reports Fourth Quarter and Full Year 2017 Results
Financial Highlights Reported full year earnings of $1.5 billion, or $10.81 per diluted share, consolidated net earnings of $1.7 billion and EBITDA of $2.6 billion, which includes $222 million of acquisition and integration costs Reported quarterly earnings of $879 million, or $5.61 per diluted share, consolidated net earnings of $908 million and EBITDA of $445 million, which includes $34 million of acquisition and integration costs Returned over $1 billion to shareholders in 2017 in divid... 
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Feb 12, 2018Andeavor Expands Asphalt Offering Through Acquisition
SAN ANTONIO, TEXAS - February 12, 2018 - Andeavor (NYSE: ANDV) today announced that it has agreed to acquire the West Coast asphalt terminals of Delek US Holdings, Inc. ("Delek", NYSE: DK) for a total consideration of $75 million, plus working capital. The assets, formerly the Alon Asphalt Company, includes four wholly-owned terminals in Elk Grove, CA; Bakersfield, CA; Mojave, CA; and Phoenix, AZ, as well as 50 percent interest in the Paramount Nevada Asphalt Company joint venture term... 
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Jan 30, 2018Andeavor Provides Preliminary Fourth Quarter 2017 Results and Impacts Related to Federal Tax-Reform Legislation
SAN ANTONIO, TEXAS - January 30, 2018 - Andeavor (NYSE: ANDV) today provided preliminary information regarding its financial results and highlights for the fourth quarter 2017 as well as the impact of the recently enacted Federal Tax Cuts and Jobs Act. The Company expects to report fourth quarter net earnings of approximately $5.55 to $5.65 per diluted share. Highlights during the quarter include the following: Shared the Company's plans for 2018-2020 to grow EBITDA by $1.4 billion Complete... 
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Jan 11, 2018Andeavor to Release Fourth Quarter and Full Year 2017 Earnings
(GLOBE NEWSWIRE via COMTEX) --SAN ANTONIO, TX - January 11, 2018 - Andeavor (NYSE: ANDV) plans to release its earnings for the fourth quarter and full year 2017 after the market closes on Thursday, February 15, 2018. The Company will live broadcast its conference call with analysts regarding its quarterly results and other business matters on Friday, February 16, 2018 at 7:30 a.m. CT. Interested parties may listen to the conference call by logging on to www.andeavor.com. About Andeavor And... 
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Jan 3, 2018Andeavor Further Enhances Permian Basin Position Through Acquisition of Rangeland Energy II, LLC
SAN ANTONIO, TEXAS - January 3, 2018 - Andeavor (NYSE: ANDV) today announced that it has agreed to acquire 100% of the equity of Rangeland Energy II, LLC ("Rangeland"). Rangeland owns and operates assets in the Delaware and Midland Basins, including a recently-constructed crude oil pipeline, three crude oil storage terminals and a frac sand storage and truck loading facility. Andeavor plans to integrate the acquired 110-mile crude oil pipeline (with ultimate throughput capacity of 14... 
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