Marathon Petroleum Corp. announces dividend
April 26 2017 - 11:10AM
FINDLAY, Ohio, April 26, 2017 - Marathon Petroleum
Corp. (NYSE: MPC) announced today that its board of directors
declared a dividend of $0.36 per share on common stock. The
dividend is payable June 12, 2017, to shareholders of record as of
the close of business May 17, 2017.
On April 27, MPC will provide an update on its 2017 first-quarter
results through an earnings release, to be followed by a conference
call scheduled for 9 a.m. EDT that day. Interested parties may
listen to the conference call by dialing 1-800-447-0521
(confirmation number 44548078) or by visiting MPC's website at
http://www.marathonpetroleum.com and clicking on the "2017
First-Quarter Financial Results" link.
###
About Marathon Petroleum Corporation
MPC is the nation's third-largest refiner,
with a crude oil refining capacity of approximately 1.8 million
barrels per calendar day in its seven-refinery system. Marathon
brand gasoline is sold through approximately 5,500 independently
owned retail outlets across 19 states. In addition, Speedway LLC,
an MPC subsidiary, owns and operates the nation's second-largest
convenience store chain, with approximately 2,730 convenience
stores in 21 states. MPC owns, leases or has ownership interests in
approximately 10,800 miles of crude and light product pipelines and
more than 5,600 miles of gas gathering and natural gas liquids
(NGL) pipelines. MPC also has ownership interests in 55 gas
processing plants, 14 NGL fractionation facilities and two
condensate stabilization facilities. Through subsidiaries, MPC owns
the general partner of MPLX LP, a midstream master limited
partnership. MPC's fully integrated system provides operational
flexibility to move crude oil, NGLs, feedstocks and
petroleum-related products efficiently through the company's
distribution network and midstream service businesses in the
Midwest, Northeast, East Coast, Southeast and Gulf Coast
regions.
Investor Relations Contacts:
Lisa Wilson (419) 421-2071
Denice Myers (419) 421-2965
Doug Wendt (419) 421-2423
Media Contacts:
Chuck Rice
(419) 421-2521
Jamal Kheiry (419) 421-3312
MPC 1Q 2017 Dividend
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Marathon Petroleum Corporation via
Globenewswire
Marathon Petroleum (NYSE:MPC)
Historical Stock Chart
From Apr 2024 to May 2024
Marathon Petroleum (NYSE:MPC)
Historical Stock Chart
From May 2023 to May 2024