ANDV earnings call for the period ending September 30, 2018.
News & Analysis: Andeavor
Even though the merger isn't set to close until October, Andeavor's earnings and management statements suggest that the official closing is a mere formality.
These two midstream partnerships offer high yields, but uncertainty is high for both right now.
Indexes declined on Monday, while mergers between T-Mobile and Sprint and Marathon Petroleum and Andeavor were in focus.
The refiner is moving on some M&A news.
This quartet of energy stocks was on fire this week, rallying more than 10% on some bullish news.
Some of the smaller industry players also rose more than 75%. But is there still room to keep growing?
Improving refining margins significantly boosted the refiner's bottom line.
Tight refining margins were too much for Tesoro and Western Refining's combined assets to overcome in the second quarter.
Tesoro has an unexplored market to tap that no others can access right now.