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Marathon Petroleum Corp (MPC.N)

MPC.N on New York Stock Exchange

65.44USD
16 Nov 2018
Change (% chg)

$0.08 (+0.12%)
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Volume
2,265,671
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Latest Key Developments (Source: Significant Developments)

Marathon Petroleum Intends To Temporarily Suspend Its Practice Of Providing Certain Financial And Statistical "Market Data" Information
Thursday, 1 Nov 2018 04:30pm EDT 

Nov 1 (Reuters) - Marathon Petroleum Corp ::MARATHON PETROLEUM CORP - INTENDS TO TEMPORARILY SUSPEND ITS PRACTICE OF PROVIDING CERTAIN FINANCIAL AND STATISTICAL "MARKET DATA" INFORMATION.MARATHON PETROLEUM CORP - IS CONSIDERING REVISIONS TO FORMAT OF INFORMATION PROVIDED IN LIGHT OF ITS RECENT ACQUISITION OF ANDEAVOR.MARATHON PETROLEUM CORP - COMPANY WILL PROVIDE FURTHER NOTIFICATION WHEN ITS PROVISION OF SUCH INFORMATION IS SCHEDULED TO RESUME..  Full Article

Marathon Petroleum Corp Reports Third Quarter 2018 Results
Thursday, 1 Nov 2018 06:33am EDT 

Nov 1 (Reuters) - Marathon Petroleum Corp ::REPORTS THIRD QUARTER 2018 RESULTS.Q3 EARNINGS PER SHARE $1.62.Q3 EARNINGS PER SHARE VIEW $1.70 -- THOMSON REUTERS I/B/E/S.QTRLY R&M SEGMENT INCOME FROM OPERATIONS WAS $666 MILLION, COMPARED WITH $1.1 BILLION.MPC HAS BEGUN PROCESS OF CONVERTING ANDEAVOR COMPANY-OWNED-AND-OPERATED STORES TO SPEEDWAY BRAND..QTRLY TOTAL REFINERY THROUGHPUTS 2,032 MBPD VERSUS 2,017 MBPD REPORTED LAST YEAR.QTRLY TOTAL REVENUES AND OTHER INCOME $23,132 MILLION VERSUS $19,386 MILLION."MARKET ENVIRONMENT APPEARS FAVORABLE".MARATHON PETROLEUM - Q3 EARNINGS INCLUDED PRE-TAX CHARGES OF $49 MILLION RELATED TO PENSION SETTLEMENT AND TRANSACTION COSTS, OR ABOUT $0.08/SHARE.Q3 REVENUE VIEW $22.44 BILLION -- THOMSON REUTERS I/B/E/S.IN OCTOBER, MPC BEGAN EVALUATING FINANCIAL BUSINESS PLANS OF ANDEAVOR LOGISTICS LP.MARATHON PETROLEUM-TO ENGAGE ADVISORS & BEGIN PROCESS OF ASSESSING OPTIONS FOR TWO MLPS, WHICH COULD INCLUDE MPLX ACQUIRING ANDX & ANDX ACQUIRING MPLX.MARATHON PETROLEUM - EVALUATING BUSINESS PLANS OF ANDEAVOR WITH INTENT TO MOVE TOWARD FINANCIAL POLICIES MORE CONSISTENT WITH APPROACH TOWARDS MPLX.MARATHON PETROLEUM - QTRLY DECREASE IN R&M SEGMENT RESULTS WAS PRIMARILY DRIVEN BY LOWER MIDWEST AND GULF COAST CRACK SPREADS.  Full Article

Marathon Petroleum Sets Quarterly Dividend Of $0.46 Per Share
Wednesday, 31 Oct 2018 12:41pm EDT 

Oct 31 (Reuters) - Marathon Petroleum Corp ::SETS QUARTERLY DIVIDEND OF $0.46 PER SHARE.  Full Article

Marathon Petroleum And Andeavor Announce Expiration Of HSR Act Waiting Period
Tuesday, 3 Jul 2018 08:00am EDT 

July 3 (Reuters) - Marathon Petroleum Corp ::MARATHON PETROLEUM CORP. AND ANDEAVOR ANNOUNCE EXPIRATION OF HART-SCOTT-RODINO ACT WAITING PERIOD.MARATHON PETROLEUM - PARTIES RECEIVED NECESSARY REGULATORY CLEARANCE BY CANADIAN COMMISSIONER OF COMPETITION PURSUANT TO COMPETITION ACT.MARATHON PETROLEUM CORP - TRANSACTION IS STILL EXPECTED TO CLOSE IN SECOND HALF OF 2018.  Full Article

Marathon Petroleum Sets Dividend Of $0.46Per Share
Wednesday, 25 Apr 2018 09:17am EDT 

April 25 (Reuters) - Marathon Petroleum Corp ::SETS DIVIDEND OF $0.46PER SHARE.  Full Article

Marathon Petroleum - CEO Gary Heminger‍​'S 2017 Total Compensation $19.7 Million V/s $16.6 Million
Thursday, 15 Mar 2018 04:24pm EDT 

March 15 (Reuters) - Marathon Petroleum Corp ::MARATHON PETROLEUM CORP SAYS CHAIRMAN AND CHIEF EXECUTIVE OFFICER GARY HEMINGER‍​'S FY 2017 TOTAL COMPENSATION $19.7 MILLION VERSUS $16.6 MILLION - SEC FILING.  Full Article

Marathon Petroleum Corp Says Chairman And CEO Gary Heminger's FY 2017 Total Compensation Was $19.7 Mln Vs $16.6 Mln In FY 2016 - SEC Filing
Friday, 2 Mar 2018 04:48pm EST 

March 2 (Reuters) - Marathon Petroleum Corp ::MARATHON PETROLEUM CORP SAYS CHAIRMAN AND CEO GARY HEMINGER'S FY 2017 TOTAL COMPENSATION WAS $19.7 MILLION VERSUS $16.6 MILLION IN FY 2016 - SEC FILING.  Full Article

Marathon Petroleum Corp Announces Make-Whole Redemption Of Its Outstanding 2.700 PCT Senior Notes Due 2018
Monday, 5 Feb 2018 08:34am EST 

Feb 5 (Reuters) - Marathon Petroleum Corp ::MARATHON PETROLEUM CORP. ANNOUNCES MAKE-WHOLE REDEMPTION OF ITS OUTSTANDING 2.700 PCT SENIOR NOTES DUE 2018.MARATHON PETROLEUM CORP - 2018 SENIOR NOTES WILL BE REDEEMED ON MARCH 15, 2018.MARATHON PETROLEUM - INTENDS TO ISSUE NOTICE OF REDEMPTION TO REDEEM $600 MILLION OUTSTANDING AGGREGATE PRINCIPAL AMOUNT OF 2.7 PCT NOTES DUE ON DEC 14.  Full Article

MPLX Reports Qtrly Net Income Attributable To Co Per Limited Partner Unit $0.31
Thursday, 1 Feb 2018 07:10am EST 

Feb 1 (Reuters) - MPLX Lp ::REPORTS FOURTH-QUARTER AND FULL-YEAR 2017 FINANCIAL RESULTS.AFFIRMED 2018 DISTRIBUTION GROWTH GUIDANCE OF 10 PERCENT.MPLX - ‍ANNOUNCED 2018 CAPITAL INVESTMENT PLAN.QTRLY NET INCOME ATTRIBUTABLE TO CO PER LIMITED PARTNER UNIT $0.31.QTRLY ‍TOTAL REVENUES AND OTHER INCOME $1,085 MILLION VERSUS $848 MILLION​.Q4 EARNINGS PER SHARE VIEW $0.37, REVENUE VIEW $947.7 MILLION -- THOMSON REUTERS I/B/E/S.‍ PARTNERSHIP'S $1.9 BILLION OF AVAILABLE LIQUIDITY, ACCESS TO CAPITAL MARKETS SHOULD PROVIDE FLEXIBILITY TO MEET DAY-TO-DAY OPERATIONAL NEEDS​.‍ PROCESSED VOLUMES IN MARCELLUS AND UTICA OF 5.2 BILLION CUBIC FEET PER DAY IN Q4, A 17 PERCENT INCREASE​.‍ GATHERED VOLUMES IN MARCELLUS AND UTICA OF 2.7 BILLION CUBIC FEET PER DAY IN Q4, UP 50 PERCENT​.  Full Article

Marathon Petroleum Reports Q4 Earnings Per Share $4.09
Thursday, 1 Feb 2018 06:35am EST 

Feb 1 (Reuters) - Marathon Petroleum Corp ::MARATHON PETROLEUM CORP. REPORTS FOURTH-QUARTER AND FULL-YEAR 2017 RESULTS.Q4 EARNINGS PER SHARE $4.09.Q4 EARNINGS PER SHARE VIEW $1.06 -- THOMSON REUTERS I/B/E/S.INCREASED QUARTERLY DIVIDEND BY 15 PERCENT, TO $0.46 PER SHARE.2018 INVESTMENT PLAN, EXCLUDING MPLX, TOTALS ABOUT $1.6 BILLION.QTRLY TOTAL REVENUES AND OTHER INCOME OF $‍21,236​ MILLION VERSUS $17,284 MILLION.MARATHON PETROLEUM - 2018 CAPITAL INVESTMENT PLAN, WHICH INCLUDES APPROXIMATELY $2.2 BILLION OF ORGANIC GROWTH CAPITAL AND $190 MILLION OF MAINTENANCE CAPITAL.DUE TO TAX ACT, EARNINGS FOR FOURTH QUARTER AND FULL YEAR INCLUDE A TAX BENEFIT OF APPROXIMATELY $1.5 BILLION.QTRLY TOTAL REFINED PRODUCT SALES VOLUMES OF 2,024 MBPD VERSUS 1,810 MBPD LAST YEAR.2018 CAPITAL PLAN FOR REFINING AND MARKETING SEGMENT IS $950 MILLION.REFINING & MARKETING SEGMENT INCOME FROM OPERATIONS WAS $732 MILLION IN Q4 OF 2017 COMPARED WITH $166 MILLION IN Q4 OF 2016.Q4 REVENUE VIEW $20.99 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

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Marathon Petroleum misses profit estimates as costs rise

U.S. oil refiner Marathon Petroleum's third-quarter profit missed Wall Street estimates on Thursday, as higher costs offset gains from cheaper heavy crude.