MPLX LP (NYSE:MPLX)
$ 40.4 -0.05 (-0.12%) Market Cap: 41.30 Bil Enterprise Value: 62.18 Bil PE Ratio: 10.41 PB Ratio: 3.04 GF Score: 83/100

MPLX Announces Agreement to Acquire Andeavor Logistics - M&A Call Transcript

May 08, 2019 / 12:30PM GMT
Release Date Price: $31.04 (-3.57%)
Operator

Welcome to the MPLL -- MPLX First Quarter 2019 Earnings Call. My name is Jaclyn, and I will be your operator for today's call. (Operator Instructions) Please note that this conference is being recorded. I will now go ahead and turn today's call over to Kristina Kazarian. Kristina, you may begin.

Kristina Anna Kazarian
Andeavor Logistics LP - VP of IR of Tesoro Logistics GP, LLC

Welcome to today's webcast and conference call. We're very pleased to be announcing MPLX agreement to acquire Andeavor Logistics this morning. Given our cancellation of MPLX's earnings call, we will also be providing some highlights on the first quarter. The synchronized slides that accompany this call can be found on mplx.com under the Investors tab or on andeavorlogistics.com under the Investor tab. On the call today are Gary Heminger, Chairman and CEO of Marathon Petroleum, MPLX and Andeavor Logistics. Mike Hennigan, President of MPLX; Pam Beall, CFO of MPLX; as well as other members of both the MPLX and ANDX executive teams.

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