|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||20.83 - 20.94|
|52 Week Range||14.97 - 24.11|
|Beta (5Y Monthly)||0.33|
|PE Ratio (TTM)||19.74|
|Forward Dividend & Yield||0.46 (2.21%)|
|Ex-Dividend Date||Feb 25, 2021|
|1y Target Est||N/A|
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– Marathon Petroleum Corp. (NYSE: MPC) today provided additional comments regarding the closing of its $21 billion sale of Speedway to 7-Eleven, Inc., a wholly owned, indirect subsidiary of Seven & i Holdings Co., Ltd (3382: Toyko). The parties closed the transaction after all conditions to close were fully satisfied. MPC is in receipt of the $21 billion sale proceeds, and Speedway and its assets are owned by 7-Eleven.
Marathon Petroleum Corp. (NYSE: MPC) today announced the close of the $21 billion sale of Speedway to 7-Eleven, Inc., a wholly owned, indirect subsidiary of Seven & i Holdings Co., Ltd (3382: Toyko). In conjunction with closing, MPC announced its plans regarding the estimated $16.5 billion of after-tax cash proceeds.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of 7-Eleven, Inc.Global Credit Research - 25 Mar 2021New York, March 25, 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of 7-Eleven, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 18 March 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.