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 ...

Notably, Marathon Petroleum holds around 64% of MPLX's outstanding common units. MPLX was added to the Zacks Focus List on March 26, 2024 at $40.69 per share. Since then, shares have increased 31. ...

Formed in 2012 as a spinoff from Marathon Petroleum, MPLX manages Marathon's midstream assets. That includes more than 10,000 miles of oil and gas pipelines throughout the Midwest. Please watch ...

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 ...

MPLX’s capital spending outlook for 2025 ... Try Now>> See the top stocks recommended by analysts >> Read More on MPC: Marathon Petroleum Corporation NewsMORE Related Stocks Indices Commodities ...

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 ...

Midstream: This unit mainly reflects Marathon Petroleum’s general partner and majority limited partner interests in MPLX LP MPLX — a publicly traded master limited partnership that owns ...

Marathon Petroleum Corporation (NYSE:MPC) shares are trading higher after it reported fourth-quarter results. Total revenues and other income of $33.47 billion topped the consensus of $31.12 billion.

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