Andeavor, founded in 2010 and headquartered in San Antonio, Texas, is a prominent player in the integrated downstream energy sector, primarily focused on refining and marketing petroleum products. The company's operations encompass a diverse range of services, including refining, logistics, and retail fuels, supporting its extensive network of service stations across the western United States.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TSO 3.80% 2028-04-01 USDAndeavor | United States | 2028-04-01 | 3.800 | 4.60 |
| TSO 4.50% 2048-04-01 USDAndeavor | United States | 2048-04-01 | 4.500 | 6.58 |
| TSO 5.13% 2026-12-15 USDAndeavor | United States | 2026-12-15 | 5.125 | 5.15 |
| TSO 5.13% 2026-12-15 USDAndeavor | United States | 2026-12-15 | 5.125 | 5.15 |
| TSO 5.13% 2026-12-15 USDAndeavor | United States | 2026-12-15 | 5.125 | 5.15 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Andeavor began issuing bonds shortly after its establishment, with significant issuances including a $1.5 billion offering in 2017 to fund the acquisition of Western Refining. The company’s bonds have showcased attractive features such as call options and competitive yields, often higher than the industry average, reflecting its strategic positioning following major acquisitions. Recent reports indicate Andeavor's commitment to maintaining a robust capital structure, evidenced by successful refinancing moves and stable credit ratings, enhancing its appeal for retail investors prioritizing fixed-income opportunities.