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Tesoro Corporation, known briefly as Andeavor, was a Fortune 100 [4] and a Fortune Global 500 company headquartered in San Antonio, Texas, with 2017 annual revenues of $35 billion, and over 14,000 employees worldwide.
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An uncertain future weighed on the pipeline company last month.
So much is expected to change because of this monumental transaction that some may simply overlook a less-than-awesome quarter.
On April 30, 2018, Marathon agreed to buy Andeavor, an independent refinery and oil company based in the Western United States, for $23 billion. [23] Marathon will acquire all of Andeavor's outstanding shares. [24] [25] On October 1, 2018, the merger was completed.
The supply of petroleum crude oil enters the plant through an Andeavor Logistics owned and operated 16-inch transmission pipeline pipeline system which connects to a 750-mile [18] network across western North Dakota including the former Bakken Link pipeline. The crude delivery system also maintains multiple interconnects to other pipelines and ...
In 2019, after the acquisition of USA Gasoline’s parent company Andeavor by Marathon Petroleum, many USA Gasoline locations were (as of 2020) in the process of being rebranded to Marathon's now-former subsidiary, Speedway, now wholly owned and operated by 7-Eleven. [1]
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