Marathon generates extraordinary cash flow, reduces debt, and plans for potentially high dividends. Read here for more on MPC ...

Notably, Marathon Petroleum holds around 64% of MPLX's outstanding common units. MPLX is a Zacks Rank #3 (Hold) stock, with a Momentum Style Score of A and VGM Score of B. Shares are down 1.4% ...

Marathon Petroleum's fourth-quarter results easily ... stand-alone 2025 capital spending would fall to $1.25 billion, and MPLX distributions would likely cover Marathon's dividend and capital ...

Formed in 2012 as a spinoff from Marathon Petroleum, MPLX manages Marathon's midstream assets. That includes more than 10,000 ...

Marathon Petroleum, operating extensively in the ... Additionally, a partnership with its midstream spin-off, MPLX, plays a vital role. MPLX supports Marathon's core refining operations by ...

Operation Warm and Marathon Petroleum are marking ... of Operation Warm's work with Marathon Petroleum Corporation (MPC) and its midstream segment, MPLX. In alignment with the company's focus ...

Marathon Petroleum reported a steep decline in profit ... MPC also owns an interest in MPLX, a midstream company that focuses on gathering, processing, and fractionation assets, as well as crude ...

It also reassessed its portfolio, closing its poorly positioned Gallup, New Mexico, and Martinez, California, petroleum refineries ... capital excluding MPLX debt of 27%. Marathon received $ ...

As of December 31, 2024, Marathon Petroleum had $3.2 billion of cash, cash equivalents, and short-term investments, including $1.5 billion of cash at MPLX and $5 billion available on its bank ...