| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
246 |
| Employees |
1,600 |
| Revenues (TTM) (Millions $) |
2,496 |
| Net Income (TTM) (Millions $) |
654 |
| Cash Flow (TTM) (Millions $) |
548 |
| Capital Exp. (TTM) (Millions $) |
1,010 |
Business Description
Andeavor Logistics LP is a publicly traded master limited partnership (MLP) that owns, operates, develops and acquires crude oil and refined products logistics assets. The company, which is based in San Antonio, Texas, was formed in 2017 following the acquisition of Andeavor Corporation by Marathon Petroleum Corporation.
The business of Andeavor Logistics LP primarily comprises the transportation, storage, and distribution of petroleum products in the United States. The company owns and operates a portfolio of pipeline, terminals, railcars, trucks, and barges that move crude oil, natural gas liquids, refined products, and renewable fuels. Its customer base includes major oil and gas companies, independent refiners, wholesale distributors, and retailers.
Pipeline Transportation: Andeavor Logistics operates a network of pipelines across the United States. Its crude oil system comprises approximately 6,200 miles of pipelines that move crude oil from production areas to refineries, storage facilities, and export terminals. The company also owns and operates refined products pipelines that transport gasoline, diesel, and jet fuel from refineries to distribution centers.
Terminal and Storage Facilities: Andeavor Logistics owns and operates a portfolio of terminals and storage facilities in major refining and distribution hubs in the United States. Its terminal network comprises approximately 150 facilities that provide storage, blending, and additive injection services for crude oil, refined products, and renewable fuels. The company's storage capacity exceeds 13 million barrels.
Railcars: Andeavor Logistics owns and leases a fleet of 1,400 railcars that transport crude oil, refined products, and renewable fuels across the United States. The company's railcar network provides flexibility and access to markets that are not served by pipelines.
Trucks and Barges: Andeavor Logistics owns and operates a fleet of trucks and barges that transport crude oil and refined products in areas where pipelines and railcars are not viable options. The company's truck and barge fleet serves local and regional markets and complements its pipeline and terminal assets.
Renewable Fuels: Andeavor Logistics operates a biodiesel plant in North Dakota that produces approximately 20 million gallons of biodiesel annually. The company also owns interests in renewable diesel facilities that produce low-carbon fuels from waste oils and fats.
In summary, Andeavor Logistics LP is a leading provider of crude oil and refined products transportation, storage, and distribution services in the United States. The company's extensive portfolio of pipeline, terminal, railcar, truck, and barge assets offers flexibility and reliability to its customers. Andeavor Logistics LP is committed to safety, environmental stewardship, and innovation in the energy logistics sector.
Company Address: 200 East Hardin Street Findlay 45840 OH
Company Phone Number: 421-2414 Stock Exchange / Ticker: NONE ANDX
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