Deals
Marathon Petroleum Agrees To Sell Two Refineries For $4.2 Billion, Adds $5 Billion Buyback
The refiner's third-quarter margin ran $34.15 per barrel as it agreed to sell its Mandan and St. Paul Park plants.
MPC
Marathon Petroleum (MPC) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
Marathon Petroleum Says Refinery Sale Proceeds Go Mostly To Gulf Coast, With 2027 Spending Likely Above Normal
CEO Maryann Mannen says the $4.2 billion sale of two refineries to CVR Energy is not a retreat from refining.
Deals
Marathon Petroleum's Refining Profit Per Barrel Hits $34.15, Up From $6.37, As Crack Spreads Surge
The refiner also raised its dividend 10%, added a $5 billion buyback and agreed to sell two refineries for $4.2 billion.
SEC Filings
Marathon Petroleum Taps Ex-Fluor CEO David Constable For An 11th Board Seat
The refiner's board grew to eleven directors, with Constable's seat and two committee posts taking effect March 1, 2027.