- Reuters•6 hours ago
Marathon Petroleum Corp said on Wednesday it sold some terminal, pipeline and storage assets to MPLX Inc, the master limited partnership that it spun off in 2012, for $2.02 billion. Ohio-based Marathon has said it would speed up asset sales to MPLX and consider a separation of its Speedway retail business in response to pressure from activist hedge fund Elliott Management to boost its stock price. "This drop-down of additional high-quality logistics assets to MPLX represents the first of several drops expected to occur in 2017, and is an important part of our plan to unlock the value of our midstream business for investors," Marathon Chief Executive Gary Heminger said in a statement.
- GlobeNewswire•6 hours ago
FINDLAY, Ohio, March 1, 2017 - Marathon Petroleum Corp. (NYSE: MPC) and MPLX LP (NYSE: MPLX) today closed a transaction in which MPC contributed certain terminal, pipeline and storage assets to MPLX for ...
- GlobeNewswire•5 days ago
FINDLAY, Ohio, Feb. 24, 2017 - MPLX LP (NYSE: MPLX) today announced it has filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2016. ...
MPLX : Summary for MPLX LP Common Units Representi - Yahoo Finance
MPLX LP (MPLX)
NYSE - NYSE Real Time Price. Currency in USD
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|Day's Range||37.53 - 38.23|
|52 Week Range||24.34 - 39.43|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||12,713.33|
|Dividend & Yield||2.08 (5.58%)|
|1y Target Est||N/A|