Andeavor (ANDV) Reports Q1 EPS of $1.07

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Andeavor Reports First Quarter 2018 Results

May 7, 2018 4:53 PM EDT

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... More