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Tesoro companies change name to Andeavor, Andeavor Logistics

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Tesoro companies change name to Andeavor, Andeavor Logistics

Tesoro Corp. and Tesoro Logistics LP changed their names to Andeavor and Andeavor Logistics LP, respectively.

The entities retired their previous ticker symbols, TSO and TLLP, and will begin trading under new ticker symbols ANDV and ANDX when the New York Stock Exchange opens for trading Aug. 1.

"Our name change to Andeavor acknowledges the significant progress we have made in transforming the company over the last several years and the opportunities we see ahead," said Greg Goff, chairman, president and CEO of Andeavor.