Many of the largest mergers and acquisitions in the oil and gas industry over the past decade have been between U.S. companies that wanted to expand their portfolio of assets. Offshore technology lists the top ten mergers and acquisitions based on transaction value. 10. Merger between Marathon Petroleum and Andeavor Logistics – 23 billion. USD Marathon Petroleum Corp. (MPC) and Andeavor (ANDV) announced that they have entered into a final merger agreement under which the former will acquire all remaining shares of the latter, for a total capital value of $23.3 billion and a total enterprise value of $35.6 billion, based on MPC`s April 27. 2018, closing price of US$81.43. The merger will result in the largest U.S. refinery with a high chance of “dominating on all sides the gasoline and diesel markets recently released by Mexico,” Bloomberg reported. Forward-Looking StatementsThis communication contains forward-looking statements within the meaning of the Federal Value Documents Act regarding marathon Petroleum Corporation (“MPC”).
These forward-looking statements relate, among other things, to the proposed transaction between MPC and Andeavor (ANDV) and include MPC`s business and operating expectations, estimates and forecasts, strategic initiatives and value creation plans. Pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, these statements are accompanied by cautionary statements that identify important factors, but not necessarily all of these factors, that could cause future results to differ materially from those set forth in the forward-looking statements. You may anticipate forward-looking statements such as “anticipate,” “believe,” “could,” “design,” “appreciate,” “expect,” “anticipate,” “Objective,” “prognosis,” “intent,” “may,” “objective,” “opportunity,” “outlook,” “plan,” “position,” “potential,” “forecast,” “forward,” “pursue,” “aim,” “should,” “strategy,” “objective,” “become”, or other similar expressions that may, recognize the uncertainty of future events or deliver results. Such forward-looking statements are not a guarantee of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the control of the company and are difficult to predict. . . .