Marathon Petroleum Corporation

2017 Press Releases

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01/12/17Marathon Petroleum Corp. appoints Dave Sauber as vice president of Human Resources and Labor Relations
(GLOBE NEWSWIRE via COMTEX) --FINDLAY, Ohio, Jan. 12, 2017 - Marathon Petroleum Corp. (NYSE: MPC) today announced the appointment of Dave Sauber to the position of vice president of Human Resources and Labor Relations, effective Feb. 1. Sauber, 53, comes to MPC after having retired from Shell Oil Company as vice president of Human Resources Policy, Benefits & Services for Shell's business in the U.S. "It is a pleasure to welcome Dave to Marathon Petroleum's executive team," said MPC Chair... 
 
01/11/17Marathon Petroleum Corporation to announce 2016 fourth-quarter and full-year financial results Feb. 1
(GLOBE NEWSWIRE via COMTEX) --FINDLAY, Ohio, Jan. 11, 2017 - Marathon Petroleum Corporation (NYSE: MPC) will host a conference call Wednesday, Feb. 1, at 9 a.m. EST to discuss 2016 fourth-quarter and full-year financial results, which will be released earlier that day, and to provide an update on company operations. MPC participants will be Gary R. Heminger, chairman, president and chief executive officer; Tim Griffith, senior vice president and chief financial officer; and other senior execu... 
 
01/03/17MARATHON PETROLEUM CORPORATION PROVIDES UPDATE ON STRATEGIC ACTIONS TO ENHANCE SHAREHOLDER VALUE
(GLOBE NEWSWIRE via COMTEX) --MPC Expects to Dropdown Assets Generating ~$1.4 Billion of EBITDA to MPLX as Soon as Practicable (Expected in 2017) MPC Expects to Exchange its Economic Interests in the GP for MPLX LP Units in Conjunction with Completion of Dropdowns (Expected in 2017)   Cash Proceeds from Dropdowns and Ongoing LP Distributions Expected to Fund Substantial Ongoing Return of Capital to MPC Shareholders in a Manner Consistent with Maintaining Investment Grade Credit Profiles...