ANDX - Andeavor Logistics LP
| Previous Close | 34.31 |
| Open | 34.31 |
| Bid | 0.00 x 1400 |
| Ask | 0.00 x 800 |
| Day's Range | 31.81 - 34.31 |
| 52 Week Range | 31.49 - 50.82 |
| Volume | 21,464,956 |
| Avg. Volume | 3,253,790 |
| Market Cap | 7.902B |
| Beta (3Y Monthly) | N/A |
| PE Ratio (TTM) | 12.54 |
| EPS (TTM) | N/A |
| Earnings Date | Nov 5, 2019 - Nov 11, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 38.33 |
- PR Newswire
MPLX Completes Acquisition of Andeavor Logistics
FINDLAY, Ohio, July 30, 2019 /PRNewswire/ -- MPLX LP (MPLX) today announced that the company has completed its acquisition of Andeavor Logistics LP (ANDX) in a unit-for-unit transaction (with a blended exchange ratio of 1.07 times) and assumption of approximately $5 billion of debt. As of this morning, ANDX ceased to be publicly traded and its common units discontinued trading on the New York Stock Exchange. "We are pleased to close our acquisition of Andeavor Logistics today," said Gary R. Heminger, MPLX chairman and chief executive officer.
- PR Newswire
Andeavor Logistics Expected to Be Removed from the Alerian Index Series
DALLAS , July 25, 2019 /PRNewswire/ -- Alerian announced today that Andeavor Logistics (NYSE: ANDX) is expected to be removed from the Alerian Midstream Energy Index (AMNA), Alerian US Midstream Energy ...
- Kiplinger
The 20 Best Small-Cap Dividend Stocks to Buy
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- Zacks
MPLX's 26th Consecutive Distribution Hike Cheers Investors
MPLX expects the increased distribution to be paid on Aug 14 to unitholders of record as of Aug 5.
- PR Newswire
MPLX LP Increases Quarterly Distribution
FINDLAY, Ohio, July 22, 2019 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (MPLX) has declared a quarterly cash distribution of $0.6675 per common unit for the second quarter of 2019, or $2.67 on an annualized basis. As previously announced, MPLX expects to close the acquisition of Andeavor Logistics LP (ANDX) on July 30, 2019, subject to the satisfaction or waiver of the remaining customary closing conditions. Given the anticipated timing of the closing of the transaction, the parties expect that ANDX common unitholders will not receive any future distributions from ANDX, but instead will receive the second quarter 2019 distribution with respect to the MPLX common units expected to be issued in connection with the merger.
- PR Newswire
Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® 30 MLP Index
DALLAS , July 22, 2019 /PRNewswire/ -- Cushing ® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to the constituents of The Cushing ® 30 MLP Index (the "Index"). ...
- PR Newswire
Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® MLP High Income Index
DALLAS , July 22, 2019 /PRNewswire/ -- Cushing ® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to constituents of The Cushing ® MLP High Income Index (the "Index"). ...
- PR Newswire
Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® MLP Market Cap Index
DALLAS , July 22, 2019 /PRNewswire/ -- Cushing ® Asset Management, LP, and Swank Capital, LLC, and announce an upcoming interim change to the constituents of The Cushing ® MLP Market Cap Index (the "Index"). ...
- PR Newswire
Andeavor Logistics to Release 2019 Second-Quarter Financial Results August 1
FINDLAY, Ohio , July 1, 2019 /PRNewswire/ -- Andeavor Logistics LP (NYSE: ANDX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), plans to release its 2019 second-quarter ...
- American City Business Journals
Andeavor Logistics sale expected to close without issue
The sale that will complete the union of defunct San Antonio company Andeavor and Ohio-based Marathon Petroleum Corp. is expected to close July 30 with little to no opposition. Marathon [NYSE: MPC] already has the votes it needs to complete the sale between its pipeline and terminal company, MPLX LP (NYSE: MPLX), and Andeavor Logistics LP [NYSE: ANDX], the companies said in a statement last week.
- PR Newswire
MPLX LP Announces Unitholder Consent Deadline and Anticipated Closing Date of the Andeavor Logistics Acquisition
FINDLAY, Ohio, June 28, 2019 /PRNewswire/ -- MPLX LP (MPLX) and Andeavor Logistics LP (ANDX) today announced that the Board of Directors of the general partner of ANDX has set June 28, 2019 as the record date for determining holders of ANDX common units entitled to execute and deliver written consents with respect to the proposed acquisition. ANDX's general partner and a subsidiary of Marathon Petroleum Corporation (MPC), which together own approximately 64% of ANDX's common units, have delivered written consents adopting and approving in all respects the Agreement and Plan of Merger, dated as of May 7, 2019 (the "Merger Agreement") and the transactions contemplated thereby. The delivery of these consents is sufficient to adopt the Merger Agreement and approve the acquisition of ANDX by MPLX, without the receipt of written consent from any other holder of ANDX units.
- Business Wire
ANDEAVOR LOGISTICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Andeavor Logistics LP - ANDX
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC are investigating the proposed sale of Andeavor Logistics LP to MPLX LP .
- PR Newswire
Lifshitz & Miller LLP Announces Investigation of Amber Road, Inc., Andeavor Logistics LP, Buckeye Partners, L.P., Dynagas LNG Partners LP, Livent Corporation, Presidio Bank, RCI Hospitality Holdings, Inc., and Uber Technologies, Inc.
NEW YORK , May 30, 2019 /PRNewswire/ -- Amber Road, Inc. (AMBR) Lifshitz & Miller announces investigation into possible breach of fiduciary duties in connection with the proposed sale of Amber Road to ...
- PR Newswire
READ NOW: Monteverde & Associates PC is Investigating the Announced Transaction
NEW YORK , May 15, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
- Motley Fool
This High-Yield Merger Makes So Much Sense
Siblings MPLX and Andeavor Logistics are combining to form an even larger-scale MLP.
- GlobeNewswire
ANDEAVOR LOGISTICS LP UNITHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Merger
WILMINGTON, Del., May 10, 2019 -- Rigrodsky & Long, P.A.: Do you own units of Andeavor Logistics LP (NYSE: ANDX)? Did you purchase any of your units prior to May 8,.
- ACCESSWIRE
MERGER ALERT – SFS, ANDX and ZAYO: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies
NEW YORK, NY / ACCESSWIRE / May 9, 2019 / The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders ...
- Zacks
MPLX Surpasses Earnings Estimates in Q1, Misses Revenues
MPLX's first-quarter earnings are supported by contribution from dropdown transactions related to the Logistics and Supply segment's pipelines and refining logistics assets.
- American City Business Journals
Marathon company to acquire Andeavor Logistics in $9B deal
The parent company of Dayton's largest company, Speedway LLC, has finalized its merger of two additional companies.
Motley FoolAndeavor Logistics LP (ANDX) Q1 2019 Earnings Call Transcript
ANDX earnings call for the period ending March 31, 2019.
- Moody's
Andeavor Logistics LP -- Moody's upgrades MPLX to Baa2, Andeavor Logistics to Baa3
Moody's Investors Service ("Moody's") upgraded MPLX LP's (MPLX) senior unsecured debt rating to Baa2 from Baa3. At the same time, Moody's upgraded the ratings of Andeavor Logistics LP (ANDX) including its senior unsecured debt to Baa3 from Ba1, and its preferred equity to Ba2 from Ba3.
- GlobeNewswire
Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of Andeavor Logistics LP (NYSE: ANDX) on Behalf of Andeavor Stockholders and Encourages Andeavor Investors to Contact the Firm
NEW YORK, May 08, 2019 -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Andeavor Logistics LP (NYSE: ANDX) on behalf of.
- Reuters
Marathon Petroleum combines midstream units, surprise loss drags down shares
The deal comes months after the U.S. refiner said it had been weighing a possible merger of MPLX and Andeavor Logistics LP, the two master limited partnerships (MLPs) in its midstream segment that transport, store and market crude oil and its refined products. "This transaction simplifies our MLPs into a single listed entity and creates a leading, large-scale, diversified midstream company anchored by fee-based cash flows," Chief Executive Officer Gary Heminger said in a statement.
- Market Realist
MPLX to Acquire ANDX to Create a Large Midstream Company
MPC’s Q1 Earnings Fall Short of Analysts' Expectations(Continued from Prior Part)Two midstream MLPs to combineOn May 8, Marathon Petroleum (MPC), MPLX LP (MPLX), and Andeavor Logistics LP (ANDX) announced that MPLX would acquire ANDX. As per the
