Marathon Finalizes Merger With Andeavor

10/2/18 – 5:22 A.M.

Andeavor is now a part of Marathon Petroleum. MPC closed on the $23.3 billion merger with Andeavor Monday. In a statement, Marathon CEO Gary Heminger said, “This transformative transaction is a significant milestone in our company’s more than 130-year history.” He added, “MPC is now the leading refining, midstream, and marketing company in the U.S., and is well-positioned for long-term growth and shareholder value creation.”

Heminger says they will share more information about their future plans at their December Investor Day.