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Stock Market & Financial Investment News

News Breaks
May 30, 2014
11:39 EDTMPCMarathon Petroleum provides update on Garyville refinery operations
Marathon Petroleum Corporation's Garyville refinery was impacted by a tornado that occurred on May 28. As a result of this severe weather, the refinery experienced damage to a cooling water system that serves part of the refinery causing the No. 1 crude unit and other units to be taken off-line. Based on MPC's initial assessment of the damage and necessary repairs, the crude unit is anticipated to be operational by mid-June. The company does not expect total refinery throughputs to be significantly impacted, projecting less than a 5% reduction to the company's prior throughput guidance for this quarter.
News For MPC From The Last 14 Days
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July 31, 2015
08:43 EDTMPCMarathon Petroleum weakness creates attractive entry point, says RBC Capital
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July 30, 2015
09:25 EDTMPCOn The Fly: Pre-market Movers
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07:22 EDTMPCMarathon Petroleum reports Q2 EPS $1.51, consensus $1.76
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July 29, 2015
12:08 EDTMPCMarathon Petroleum board increases dividend 28% to 32c per share
Marathon Petroleum announced that its board of directors declared a dividend of 32c per share on common stock, a 28% increase from the 25c per-share dividend in the first quarter of 2015, after adjusting to reflect the two-for-one stock split that occurred during the second quarter. The dividend is payable September 10 to shareholders of record as of the close of business August 19.

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