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Stock Market & Financial Investment News

News Breaks
January 30, 2013
10:41 EDTMPCMarathon Petroleum favors share repurchase programs with extra cash
News For MPC From The Last 14 Days
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January 21, 2015
07:14 EDTMPCCitgo scraps auction process, to raise debt instead, WSJ reports
The auction for Venezuela’s Citgo Petroleum, which drew interest from Marathon Petroleum (MPC), HollyFrontier (HFC), Valero Energy (VLO) and private equity firms, has been called off, said The Wall Street Journal, citing people familiar with the matter. Citgo will still seek to raise $2.5B in debt at this point and could restart its sales process later, the report added. Reference Link

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