Andeavor Rides a Favorable Refining Market Higher in Q3
The refiner formerly known as Tesoro and Western Refining, Andeavor (NYSE: ANDV), finally gave investors a look at what this combined company looks like at full strength this past quarter. Based on these results, it's a good look. The company may have benefited from a better refining market in general, but its newly acquired refineries performed exceptionally well.
On top of the good earnings result, the company completed a transformational deal with its subsidiaries that should fuel growth for Andeavor for a while. Here's a look at the company's third-quarter earnings results, as well as the details of its most recent deal.
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Source: Fool.com