Summary
MPLX LP (MPLX) filed an 8-K on September 4, 2019, to incorporate historical and pro forma financial information related to its acquisition of Andeavor Logistics LP (ANDX), which was completed on July 30, 2019. This filing is primarily for registration purposes, enabling the inclusion of ANDX's financial statements and pro forma combined financial statements into MPLX's S-3 and S-8 registration statements. Investors seeking to understand the combined entity's financial position and performance post-acquisition should review the incorporated financial statements. These documents provide detailed historical financial data for ANDX and pro forma figures reflecting the combined operations as of and for the periods leading up to March 31, 2019, and the fiscal year ended December 31, 2018. The filing also references ANDX's audited financial statements for the fiscal years ended December 31, 2018, 2017, and 2016, and unaudited interim financial statements for the periods ending June 30, 2019 and 2018.
Key Highlights
- 1MPLX LP completed the acquisition of Andeavor Logistics LP (ANDX) on July 30, 2019.
- 2This 8-K filing serves to incorporate by reference historical financial statements of ANDX and pro forma combined financial statements into MPLX's registration statements.
- 3The filing includes reference to unaudited pro forma condensed combined financial statements as of March 31, 2019, and for the fiscal year ended December 31, 2018.
- 4Historical financial statements for ANDX, including consolidated statements of operations, partners' equity, and cash flows for fiscal years 2018, 2017, and 2016, are incorporated by reference.
- 5Balance sheets for ANDX as of December 31, 2018 and 2017 are also incorporated.
- 6Unaudited condensed financial statements for ANDX for the three and six months ended June 30, 2019 and 2018 are included.
- 7The filing also incorporates ANDX's internal control over financial reporting attestation report.