MPLX LP (N:MPLX)

Business Focus: Oil & Gas Transportation Services

Sep 20, 2019 08:18 am ET
MPLX LP Announces Final Results of Note Exchange Offers and Consent Solicitations
FINDLAY, Ohio, Sept. 20, 2019 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced the final results of the previously announced offers to exchange (the "Exchange Offers") any and all outstanding senior notes of the series set forth in the table below (the "Existing ANDX Notes") issued by Andeavor Logistics LP ("ANDX") and Tesoro Logistics Finance Corp. ("Finance Corp."), each of which are wholly owned subsidiaries of MPLX, for (1) up to $3,250,000,000 aggregate principal amount of new senior notes issued by MPLX (the "New MPLX Notes") and (2) cash, and related consent solicitations (the "Co...
Sep 16, 2019 07:15 am ET
MPLX LP to Announce 2019 Third-Quarter Financial Results October 31
FINDLAY, Ohio, Sept. 16, 2019 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call with analysts on Thursday, October 31, at 11 a.m. EDT to discuss 2019 third-quarter financial results, which will be released earlier that day, and to provide an update on company operations....
Sep 06, 2019 07:00 am ET
MPLX LP Announces Successful Early Note Exchange Tender Period
FINDLAY, Ohio, Sept. 6, 2019 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that, in connection with the previously announced offers to exchange (the "Exchange Offers") any and all outstanding senior notes of the series set forth in the table below (the "Existing ANDX Notes") issued by Andeavor Logistics LP ("ANDX") and Tesoro Logistics Finance Corp. ("Finance Corp."), each of which are wholly owned subsidiaries of MPLX, for (1) up to $3,250,000,000 aggregate principal amount of new senior notes issued by MPLX (the "New MPLX Notes") and (2) cash, and related consent solicitations (the ...
Sep 04, 2019 06:01 pm ET
MPLX LP prices $2.0 billion senior notes offering
FINDLAY, Ohio, Sept. 4, 2019 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has priced $2,000,000,000 in aggregate principal amount of unsecured senior notes in an underwritten public offering consisting of $1,000,000,000 aggregate principal amount of floating rate senior notes due 2021 (the "2021 senior notes") and $1,000,000,000 aggregate principal amount of floating rate senior notes due 2022 (the "2022 senior notes").  ...
Aug 23, 2019 02:06 pm ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Supply Chain Index [CORRECTED]
DALLAS, Aug. 23, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Energy Supply Chain Index (the "Index") as part of normal index operations. After the markets close on August 30, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on September 3, 2019:...
Aug 23, 2019 09:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Index
DALLAS, Aug. 23, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Energy Index (the "Index") as part of normal index operations. After the markets close on August 30, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on September 3, 2019:...
Aug 23, 2019 09:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Supply Chain Index
DALLAS, Aug. 23, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Energy Supply Chain Index (the "Index") as part of normal index operations. After the markets close on August 30, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on September 3, 2019:...
Aug 23, 2019 09:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Transportation Index
DALLAS, Aug. 23, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Transportation Index (the "Index") as part of normal index operations. After the markets close on August 30, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on September 3, 2019:...
Aug 23, 2019 09:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Utility Index
DALLAS, Aug. 23, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Utility Index (the "Index") as part of normal index operations. After the markets close on August 30, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on September 3, 2019:...
Aug 22, 2019 06:13 pm ET
MPLX LP Commences Exchange Offers and Andeavor Logistics LP and Tesoro Logistics Finance Corp. Commence Consent Solicitations
FINDLAY, Ohio, Aug. 22, 2019 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that it has commenced offers to exchange (each an "Exchange Offer" and collectively, the "Exchange Offers") any and all outstanding notes of the series set forth in the table below issued by Andeavor Logistics LP ("ANDX") and Tesoro Logistics Finance Corp. ("Finance Corp."), each of which are wholly owned subsidiaries of MPLX (the "Existing ANDX Notes") for (1) up to $3,250,000,000 aggregate principal amount of new notes issued by MPLX (the "New MPLX Notes") and (2) cash....
Aug 09, 2019 12:41 pm ET
Alerian Reports June 30, 2019 Index Linked Product Positions
DALLAS, Aug. 9, 2019 /PRNewswire/ -- Alerian reported, as of June 28, 2019, total products directly tied to and tracking the Alerian indices was $13.7 billion. ...
Aug 01, 2019 07:00 am ET
Andeavor Logistics LP Reports Second-Quarter 2019 Results
FINDLAY, Ohio, Aug. 1, 2019 /PRNewswire/ --...
Aug 01, 2019 06:45 am ET
MPLX LP Reports Second-Quarter 2019 Financial Results
FINDLAY, Ohio, Aug. 1, 2019 /PRNewswire/ --...
Aug 01, 2019 06:30 am ET
Marathon Petroleum Corp. Reports Second-Quarter Results
FINDLAY, Ohio, Aug. 1, 2019 /PRNewswire/ --...
Jul 30, 2019 08:51 am ET
MPLX Completes Acquisition of Andeavor Logistics
FINDLAY, Ohio, July 30, 2019 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company has completed its acquisition of Andeavor Logistics LP (ANDX) in a unit-for-unit transaction (with a blended exchange ratio of 1.07 times) and assumption of approximately $5 billion of debt. As of this morning, ANDX ceased to be publicly traded and its common units discontinued trading on the New York Stock Exchange. ...
Jul 25, 2019 08:30 am ET
Andeavor Logistics Expected to Be Removed from the Alerian Index Series
DALLAS, July 25, 2019 /PRNewswire/ -- Alerian announced today that Andeavor Logistics (NYSE: ANDX) is expected to be removed from the Alerian Midstream Energy Index (AMNA), Alerian US Midstream Energy Index (AMUS), Alerian Midstream Energy Select Index (AMEI), Alerian MLP Index (AMZ), Alerian MLP Infrastructure Fund (AMZI), and Alerian MLP Equal Weight Index (AMZE) in a special rebalancing....
Jul 22, 2019 09:17 am ET
MPLX LP Increases Quarterly Distribution
FINDLAY, Ohio, July 22, 2019 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.6675 per common unit for the second quarter of 2019, or $2.67 on an annualized basis....
Jul 22, 2019 09:02 am ET
Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® 30 MLP Index
DALLAS, July 22, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to the constituents of The Cushing® 30 MLP Index (the "Index"). On May 7, 2019, Index constituents Andeavor Logistics LP (NYSE: ANDX) and MPLX LP (NYSE: MPLX) and related entities entered into an Agreement and Plan of Merger ("Merger Agreement") that would result in ANDX common units ceasing to be publicly traded, subject to the approval of the holders of at least a majority of the ANDX common units. On June 28, 2019, ANDX publicly announced that entities holdin...
Jul 22, 2019 09:02 am ET
Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® MLP High Income Index
DALLAS, July 22, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to constituents of The Cushing® MLP High Income Index (the "Index"). On May 7, 2019, Index constituents Andeavor Logistics LP (NYSE: ANDX) and MPLX LP (NYSE: MPLX) and related entities entered into an Agreement and Plan of Merger ("Merger Agreement") that would result in ANDX common units ceasing to be publicly traded, subject to the approval of the holders of at least a majority of the ANDX common units. On June 28, 2019, ANDX publicly announced that entities hold...
Jul 22, 2019 09:02 am ET
Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® MLP Market Cap Index
DALLAS, July 22, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, and announce an upcoming interim change to the constituents of The Cushing® MLP Market Cap Index (the "Index"). On May 7, 2019, Index constituents Andeavor Logistics LP (NYSE: ANDX) and MPLX LP (NYSE: MPLX) and related entities entered into an Agreement and Plan of Merger ("Merger Agreement") that would result in ANDX common units ceasing to be publicly traded, subject to the approval of the holders of at least a majority of the ANDX common units. On June 28, 2019, ANDX publicly announced that entiti...
Jul 01, 2019 04:58 pm ET
MPLX LP to Announce 2019 Second-Quarter Financial Results August 1
FINDLAY, Ohio, July 1, 2019 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call with analysts on Thursday, August 1, at 11 a.m. EDT to discuss 2019 second-quarter financial results, which will be released earlier that day, and to provide an update on company operations....
May 10, 2019 02:46 pm ET
ANDEAVOR LOGISTICS LP UNITHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Merger
Rigrodsky & Long, P.A.: Do you own units of Andeavor Logistics LP (NYSE: ANDX)? Did you purchase any of your units prior to May 8, 2019?Do you think the proposed merger is fair?Do you want to discuss your rights?  Rigrodsky & Long, P.A....
May 08, 2019 05:08 pm ET
Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of Andeavor Logistics LP (NYSE: ANDX) on Behalf of Andeavor Stockholders and Encourages Andeavor Investors to Contact the Firm
Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Andeavor Logistics LP (NYSE: ANDX) on behalf of Andeavor stockholders concerning the proposed acquisition of the company by MPLX LP (NYSE: MPLX). Click...
May 08, 2019 10:16 am ET
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Andeavor Logistics LP to MPLX LP is Fair to Shareholders
The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Andeavor Logistics LP (“Andeavor” or the “Company”) (NYSE: ANDX) stock prior to May 8, 2019. You are hereby notified that Levi &...
May 08, 2019 06:58 am ET
MPLX LP Reports First-Quarter 2019 Financial Results
FINDLAY, Ohio, May 8, 2019 /PRNewswire/ -- ...
May 08, 2019 06:53 am ET
Marathon Petroleum Corp. Reports First-Quarter Results
FINDLAY, Ohio, May 8, 2019 /PRNewswire/ --  ...
May 08, 2019 06:30 am ET
MPLX LP Announces Agreement to Acquire Andeavor Logistics LP
FINDLAY, Ohio, May 8, 2019 /PRNewswire/ -- Marathon Petroleum Corporation (NYSE: MPC), MPLX LP (NYSE: MPLX), and Andeavor Logistics LP (NYSE: ANDX) today announced that the two midstream companies have entered into a definitive merger agreement whereby MPLX will acquire ANDX in a unit-for-unit transaction at a blended exchange ratio of 1.07x. This represents an equity value of approximately $9 billion and an enterprise value of $14 billion for the acquired entity. The transaction has been unanimously approved by MPLX's and ANDX's respective Conflicts Committees and both Boards of Directors...
Apr 29, 2019 04:15 pm ET
MPLX LP Increases Quarterly Distribution
FINDLAY, Ohio, April 29, 2019 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.6575 per common unit for the first quarter 2019, or $2.63 on an annualized basis....
Apr 08, 2019 08:23 am ET
MPLX LP to Announce 2019 First-Quarter Financial Results May 8
FINDLAY, Ohio, April 8, 2019 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call with analysts on Wednesday, May 8, at 11 a.m. EDT to discuss 2019 first-quarter financial results, which will be released earlier that day, and to provide an update on company operations. Interested parties may listen to the conference call by visiting MPLX's website at http://www.mplx.com and clicking on the "2019 First-Quarter Financial Results" link. A replay of the webcast will be available on the company's websit...
Mar 01, 2019 02:30 pm ET
MPLX LP 2018 K-1 tax packages now available on company website
FINDLAY, Ohio, March 1, 2019 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2018 investor tax packages are now available on its website, http://www.mplx.com. Investors may select the Tax Reporting Package link under the Investors tab, or use the following link: http://www.mplx.com/Investors/Tax_Reporting_Package/ ...
Feb 28, 2019 01:40 pm ET
MPLX LP files 2018 Form 10-K
FINDLAY, Ohio, Feb. 28, 2019 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2018. The filing can be viewed through a link on MPLX's website at http://www.mplx.com by selecting the "SEC Filings" link under the "Investors" tab....
Feb 28, 2019 07:30 am ET
Report: Exploring Fundamental Drivers Behind Boston Scientific, United Insurance, MPLX LP, Arthur J. Gallagher, Axis Capital, and Bemis — New Horizons, Emerging Trends, and Upcoming Developments
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Boston Scientific Corporation (NYSE:BSX), United Insurance Holdings Corp....
Feb 21, 2019 08:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Index
DALLAS, Feb. 21, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Energy Index (the "Index") as part of normal index operations. After the markets close on February 28, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on March 1, 2019:...
Feb 21, 2019 08:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Supply Chain Index
DALLAS, Feb. 21, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Energy Supply Chain Index (the "Index") as part of normal index operations. After the markets close on February 28, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on March 1, 2019:...
Feb 21, 2019 08:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Transportation Index
DALLAS, Feb. 21, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Transportation Index (the "Index") as part of normal index operations. After the markets close on February 28, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on March 1, 2019:...
Feb 21, 2019 08:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Utility Index
DALLAS, Feb. 21, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Utility Index (the "Index") as part of normal index operations. After the markets close on February 28, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on March 1, 2019:...
Feb 07, 2019 05:40 am ET
MPLX LP Delivers Extraordinary Results in 2018
FINDLAY, Ohio, Feb. 7, 2019 /PRNewswire/ -- ...
Feb 01, 2019 11:37 am ET
Alerian Reports December 31, 2018 Index Linked Product Positions
DALLAS, Feb. 1, 2019 /PRNewswire/ -- Alerian reported index linked product positions of $12.2 billion as of December 31, 2018. Linked products include exchange-traded funds, exchange-traded notes, return of capital notes, and variable insurance portfolios....
Jan 31, 2019 12:00 pm ET
Crimson Midstream and MPLX Announce Extension of Binding Open Season for Swordfish Pipeline to Align with Capline Reversal Open Season
FINDLAY, Ohio, Jan. 31, 2019 /PRNewswire/ -- Crimson Midstream, LLC and MPLX LP (NYSE: MPLX) today announced an extension to the binding open season on the Swordfish Pipeline to align with the recently announced binding open season by Capline Pipeline Company LLC. Additionally, the Louisiana Offshore Oil Port (LOOP) recently confirmed the loading of three VLCCs in seven days from the deepwater port and stated the number of vessels loaded can be scaled to meet increasing market demand....
Jan 25, 2019 06:00 am ET
MPLX LP Increases Quarterly Distribution
FINDLAY, Ohio, Jan. 25, 2019 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.6475 per common unit for the fourth quarter 2018, or $2.59 on an annualized basis....
Jan 17, 2019 07:30 am ET
Research Report Identifies Edison International, MPLX LP, Moody's, AMAG Pharmaceuticals, Cross Country Healthcare, and New Mountain Finance with Renewed Outlook — Fundamental Analysis, Calculating For
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Edison International (NYSE:EIX), MPLX LP (NYSE:MPLX), Moody's...
Jan 16, 2019 09:56 am ET
MPLX LP To Announce 2018 Fourth-Quarter And Full-Year Financial Results February 7
FINDLAY, Ohio, Jan. 16, 2019 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will release its 2018 fourth-quarter and full-year financial results before the market opens on Thursday, February 7. MPLX will live broadcast its conference call with analysts regarding its financial results and provide an update on company operations at 11 a.m. EST....
Nov 29, 2018 11:00 am ET
Crimson Midstream and MPLX Announce Extension of Binding Open Season for Swordfish Pipeline
FINDLAY, Ohio, Nov. 29, 2018 /PRNewswire/ -- Since the Swordfish Pipeline binding open season was announced on Oct. 17 by Crimson Midstream, LLC and MPLX LP (NYSE: MPLX), the Louisiana Offshore Oil Port LLC (LOOP) terminal facility in Clovelly, Louisiana, reports that customer requests concerning its deepwater port export capabilities have risen sharply. In addition, LOOP has stated that the number of vessels loaded can be scaled to meet increasing market demand. To allow prospective shippers sufficient time to evaluate this new information and to account for the holiday season, Crimson and ...
Nov 19, 2018 03:15 pm ET
Marathon Petroleum Corporation, MPLX LP, and Andeavor Logistics LP 2018 Investor Day to be Webcast Live on Dec. 4
FINDLAY, Ohio, Nov. 19, 2018 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC), MPLX LP (NYSE: MPLX), and Andeavor Logistics LP (NYSE: ANDX) will jointly host a 2018 Investor Day on December 4, 2018. The presentation and accompanying slides will be webcast via the MPC website at http://ir.marathonpetroleum.com, the MPLX website at http://ir.mplx.com, and the Andeavor Logistics website at http://ir.andeavorlogistics.com beginning at 8:30 a.m. EST. ...
Nov 08, 2018 03:17 pm ET
MPLX announces redemption of its outstanding 5.500% senior notes due 2023
FINDLAY, Ohio, Nov. 8, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that it has issued notices of redemption (the "Redemption Notices") to redeem all of the $750 million outstanding aggregate principal amount of its 5.500% senior notes due on Feb. 15, 2023 (including such notes issued by MarkWest Energy Partners, L.P. and MarkWest Energy Finance Corporation) (together, the "2023 Senior Notes"). The 2023 Senior Notes will be redeemed on Dec. 10, 2018 (the "Redemption Date") at a price equal to 101.833% of the principal amount thereof, plus accrued and unpaid interest to, but not ...
Nov 07, 2018 04:32 pm ET
MPLX LP prices $2,250,000,000 senior notes offering
FINDLAY, Ohio, Nov. 7, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has priced $2,250,000,000 in aggregate principal amount of unsecured senior notes in an underwritten public offering consisting of $750,000,000 aggregate principal amount of 4.800% senior notes due in 2029 and $1,500,000,000 aggregate principal amount of 5.500% senior notes due in 2049.  ...
Nov 07, 2018 07:30 am ET
Report: Developing Opportunities within International Game Technology, Heritage Insurance, Nathan's Famous, MPLX LP, NeoPhotonics, and United States Lime & Minerals — Future Expectations, Projections
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of International Game Technology (NYSE:IGT), Heritage Insurance Holdings,...
Nov 01, 2018 03:28 pm ET
MPLX names Timothy J. Aydt vice president, business development
FINDLAY, Ohio, Nov. 1, 2018 /PRNewswire/ -- Timothy J. Aydt, president, Marathon Pipe Line LLC, and vice president, operations of MPLX GP LLC, the general partner of MPLX LP (NYSE: MPLX), has been appointed vice president, business development, MPLX, effective Nov. 1. He will continue to be located in Findlay, Ohio, and report to Michael J. Hennigan, MPLX president. ...
Nov 01, 2018 06:46 am ET
MPLX LP Delivers Exceptional Third Quarter 2018 Financial Results
FINDLAY, Ohio, Nov. 1, 2018 /PRNewswire/ --...
Nov 01, 2018 06:33 am ET
Marathon Petroleum Corp. Reports Third Quarter 2018 Results
FINDLAY, Ohio, Nov. 1, 2018 /PRNewswire/ --...
Oct 31, 2018 12:41 pm ET
Marathon Petroleum Corp. Announces Quarterly Dividend
FINDLAY, Ohio, Oct. 31, 2018 /PRNewswire/ -- The board of directors of Marathon Petroleum Corp. (NYSE: MPC) has declared a dividend of $0.46 per share on common stock. The dividend is payable Dec. 10, 2018, to shareholders of record as of the close of business Nov. 21, 2018....
Oct 26, 2018 06:50 am ET
Andeavor Logistics Announces Quarterly Distribution
FINDLAY, Ohio, Oct. 26, 2018 /PRNewswire/ -- Andeavor Logistics LP (NYSE: ANDX) announced today the declaration of its quarterly cash distribution for the third quarter 2018 of $1.03 per limited partnership unit, or $4.12 on an annualized basis. The distribution is unchanged from the prior quarter and will be paid on Nov. 14, 2018, to common unitholders of record as of Nov. 5, 2018....
Oct 26, 2018 06:50 am ET
MPLX LP Increases Quarterly Distribution
FINDLAY, Ohio, Oct. 26, 2018 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.6375 per common unit for the third quarter 2018. This represents an increase of $0.01 per unit, or 1.6 percent, over the second quarter 2018 distribution, and an increase of $0.05 per unit, or 8.5 percent, over the third quarter 2017 distribution. This is the 23rd consecutive quarterly distribution increase and will be paid on Nov. 14, 2018, to common unitholders of record as of Nov. 5, 2018....
Oct 17, 2018 09:00 am ET
Crimson Midstream and MPLX Announce Binding Open Season for Swordfish Pipeline
FINDLAY, Ohio, Oct. 17, 2018 /PRNewswire/ -- Crimson Midstream, LLC, and MPLX LP (NYSE: MPLX), today announced the commencement of a binding open season to assess interest and solicit commitments from prospective shippers for transportation service on the Swordfish Pipeline.  ...
Oct 15, 2018 09:40 am ET
MPLX LP to Announce Third-Quarter 2018 Financial Results On November 1
FINDLAY, Ohio, Oct. 15, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will release its 2018 third-quarter financial results before the market opens on Thursday, November 1, 2018. MPLX will live broadcast its conference call with senior executives regarding its financial results and provide an update on company operations at 11 a.m. EDT....
Oct 15, 2018 09:39 am ET
Marathon Petroleum Corp. To Announce Third-Quarter 2018 Financial Results On November 1
FINDLAY, Ohio, Oct. 15, 2018 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will release its 2018 third-quarter financial results before the market opens on Thursday, November 1, 2018. MPC will live broadcast its conference call with senior executives regarding its financial results and provide an update on company operations at 9 a.m. EDT....
Oct 10, 2018 07:35 am ET
Report: Developing Opportunities Within Apollo Investment, Ladder Capital, Medpace, MPLX LP, Silicon Laboratories, and Protagonist Therapeutics — Future Expectations, Projections Moving into 2018
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Apollo Investment Corporation (NASDAQ:AINV), Ladder Capital Corp...
Oct 01, 2018 09:30 am ET
Marathon Petroleum Corporation announces final results of note exchange offers and consent solicitations
FINDLAY, Ohio, Oct. 1, 2018 /PRNewswire/ -- Marathon Petroleum Corporation (NYSE: MPC) today announced the final results of the previously announced offers to exchange (the "Exchange Offers") any and all outstanding senior notes issued by Andeavor as set forth in the table below (the "Existing Andeavor Notes") for (1) up to $3,375,000,000 aggregate principal amount of new senior notes issued by MPC (the "New MPC Notes") and (2) cash, and related consent solicitations (the "Consent Solicitations") to adopt certain amendments to each of the indentures governing the Existing Andeavor Notes....
Oct 01, 2018 09:24 am ET
Marathon Petroleum Corp. Announces Successful Completion of Andeavor Combination, Creating the Leading US Refining, Midstream and Marketing Company
FINDLAY, Ohio, Oct. 1, 2018 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) has closed the transaction in which it acquired all of the outstanding shares of Andeavor. As of this morning, Andeavor ceased to be publicly traded and its common stock discontinued trading on the New York Stock Exchange....
Sep 26, 2018 04:54 pm ET
Pin Oak Holdings, LLC To Sell Mt. Airy Terminal To MPLX LP
MT. AIRY, La., Sept. 26, 2018 /PRNewswire/ -- Pin Oak Holdings, LLC ("Pin Oak") today announced the sale of Pin Oak Terminals, LLC ("Pin Oak Mt. Airy") to MPLX LP (NYSE: MPLX) for approximately $450 million in cash. As part of the transaction, Pin Oak will retain an economic interest in the facility. Pin Oak is a partnership between Dauphine Midstream, LLC ("Dauphine") and Mercuria Energy Group Ltd. ("Mercuria")....
Sep 26, 2018 04:15 pm ET
MPLX LP Acquires US Gulf Coast Export Terminal
FINDLAY, Ohio, Sept. 26, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced it has purchased an eastern U.S. Gulf Coast export terminal with 4 million barrels of third-party leased storage capacity and a 120,000 barrels-per-day (bpd) dock from Pin Oak Holdings, LLC, for approximately $450 million. The transaction will be financed with a combination of cash from operations and debt. This facility has the capability to significantly expand its storage capacity to 10 million barrels and is permitted for construction of a second 120,000 bpd dock. This growth potential is significant, as m...
Sep 12, 2018 09:20 am ET
MarkWest Liberty NGL Pipeline LLC announces binding open season
FINDLAY, Ohio, Sept. 12, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that its subsidiary, MarkWest Liberty NGL Pipeline, L.L.C., has launched a binding open season to solicit commitments from potential shippers for a new pipeline it plans to construct to serve the growing needs of Appalachian producers. Once complete, the pipeline will provide transportation services of a mixed stream of natural gas liquids (NGLs) – including propane, normal butane, isobutane, pentanes and higher molecular-weight hydrocarbons – from natural gas processing plants located in West Virginia and Pen...
Sep 04, 2018 07:05 am ET
Energy Transfer, Magellan Midstream, MPLX and Delek to Jointly Construct the "Permian Gulf Coast" or "PGC Pipeline" for Permian Basin Crude Oil Takeaway
DALLAS and TULSA, Okla., and FINDLAY, Ohio, and BRENTWOOD, Tenn., Sept. 4, 2018 /PRNewswire/ -- Energy Transfer Partners, L.P. (NYSE: ETP) ("Energy Transfer"), Magellan Midstream Partners, L.P. (NYSE: MMP) ("Magellan"), MPLX LP (NYSE: MPLX) ("MPLX") and Delek US Holdings, Inc. (NYSE: DK) ("Delek") announced today that they have received sufficient commitments to proceed with plans to construct a new 30-inch diameter common carrier pipeline to transport crude oil from the Permian Basin to the Texas Gulf Coast region, with the ability to increase the pipe diameter to expand the capacity based ...
Sep 04, 2018 07:00 am ET
Energy Transfer, Magellan Midstream, MPLX and Delek to Jointly Construct the “Permian Gulf Coast” or “PGC Pipeline” for Permian Basin Crude Oil Takeaway
Energy Transfer Partners, L.P. (NYSE: ETP) (“Energy Transfer”), Magellan Midstream Partners, L.P. (NYSE: MMP) (“Magellan”), MPLX LP (NYSE: MPLX) (“MPLX”) and Delek US Holdings, Inc. (NYSE: DK) (“Delek”) announced today that they have received sufficient commitments to proceed with plans to construct a new 30-inch diameter common carrier pipeline to transport crude oil from the Permian Basin to the Texas Gulf Coast region, with the ability to increase the pipe diameter to expand the capacity based upon additional commitments received during the u
Aug 03, 2018 09:45 am ET
Targa Resources, NextEra Energy Resources, WhiteWater Midstream and MPLX LP Execute Agreements to Jointly Develop the Whistler Pipeline Project
Targa Resources Corp. (NYSE:TRGP) ("Targa"); NextEra Energy Pipeline Holdings, LLC, an indirect, wholly-owned subsidiary of NextEra Energy Resources, LLC (NYSE: NEE) (“NextEra”); WhiteWater Midstream, LLC (“WhiteWater”), a portfolio company of...
Aug 01, 2018 11:26 am ET
Alerian Reports June 30, 2018 Index Linked Product Positions
DALLAS, Aug. 1, 2018 /PRNewswire/ -- Alerian reported index linked product positions of $15.0 billion as of June 30, 2018. Linked products include exchange-traded funds, exchange-traded notes, return of capital notes, variable insurance portfolios, and mutual funds....
Aug 01, 2018 08:10 am ET
Market Trends Toward New Normal in US Foods Holding, Limelight Networks, Ladenburg Thalmann Financial Services, MPLX LP, Cytokinetics, and FuelCell Energy — Emerging Consolidated Expectations, Analyst
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of US Foods Holding Corp. (NYSE:USFD), Limelight Networks, Inc....
Jul 26, 2018 07:35 am ET
MPLX expands Permian infrastructure development
FINDLAY, Ohio, July 26, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced a number of steps it has taken to further expand its growing presence in the Permian basin, positioning the partnership to evolve its business model to include participation in a number of long-haul oil and gas pipelines.  ...
Jul 26, 2018 07:33 am ET
MPLX LP reports record second-quarter 2018 financial results
FINDLAY, Ohio, July 26, 2018 /PRNewswire/ -- ...
Jul 25, 2018 04:09 pm ET
MPLX LP increases quarterly distribution
FINDLAY, Ohio, July 25, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the board of directors of its general partner has declared a cash distribution of $0.6275 per common unit for the second quarter of 2018. This represents an increase of $0.01 per unit, or 1.6 percent, over the first-quarter 2018 distribution, and an increase of $0.065 per unit, or 11.6 percent, over the second-quarter 2017 distribution. Since the partnership's initial public offering in October 2012, the MPLX board has authorized distribution increases for 22 consecutive quarters, representing a compound a...
Jul 25, 2018 08:00 am ET
Marathon Petroleum Corp. announces post-combination executive leadership team
FINDLAY, Ohio, July 25, 2018 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) announced today the executive team that will lead the combined company upon the closing of the combination of MPC and Andeavor (NYSE: ANDV). The new team will include executives from both MPC and Andeavor, leading a premier U.S. refining, marketing and midstream company into the future.    ...
Jul 06, 2018 08:00 am ET
Marathon Petroleum Corp. to announce 2018 second-quarter financial results July 26
FINDLAY, Ohio, July 6, 2018 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call Thursday, July 26, 2018, at 9 a.m. EDT to discuss 2018 second-quarter financial results, which will be released earlier that day, and to provide an update on company operations....
Jul 06, 2018 08:00 am ET
MPLX LP to announce 2018 second-quarter financial results July 26
FINDLAY, Ohio, July 6, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call Thursday, July 26, 2018, at 11 a.m. EDT to discuss 2018 second-quarter financial results, which will be released earlier that day, and to provide an update on partnership operations....
Jun 29, 2018 10:37 am ET
Alerian Launches Two New Midstream Energy Indices and Announces Methodology and Name Changes to the Alerian Energy Infrastructure Index
DALLAS, June 29, 2018 /PRNewswire/ -- Alerian announced today the real-time launch of the Alerian Midstream Energy Index, a broad-based composite of North American energy infrastructure companies. Constituents can be structured as pass-through entities or corporations, but must earn the majority of their cash flow from midstream activities involving energy commodities. The capped, float-adjusted, capitalization-weighted index is disseminated real-time on a price-return basis (AMNA) and on a total-return basis (AMNAX)....
Jun 22, 2018 09:02 am ET
Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Energy Index
DALLAS, June 22, 2018 /PRNewswire/ -- Swank Capital, LLC, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® Energy Index (the "Index") as part of normal index operations. After the markets close on June 29, 2018, the constituents of the Index will be rebalanced, and the following changes will become effective on July 2, 2018:...
Jun 22, 2018 09:02 am ET
Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Energy Supply Chain Index
DALLAS, June 22, 2018 /PRNewswire/ -- Swank Capital, LLC, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® Energy Supply Chain Index (the "Index") as part of normal index operations. After the markets close on June 29, 2018, the constituents of the Index will be rebalanced, and the following changes will become effective on July 2, 2018:...
Jun 22, 2018 09:02 am ET
Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Transportation Index
DALLAS, June 22, 2018 /PRNewswire/ -- Swank Capital, LLC, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® Transportation Index (the "Index") as part of normal index operations. After the markets close on June 29, 2018, the constituents of the Index will be rebalanced, and the following changes will become effective on July 2, 2018:...
Jun 22, 2018 09:02 am ET
Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Utility Index
DALLAS, June 22, 2018 /PRNewswire/ -- Swank Capital, LLC, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® Utility Index (the "Index") as part of normal index operations. After the markets close on June 29, 2018, the constituents of the Index will be rebalanced, and the following changes will become effective on July 2, 2018:...
Jun 08, 2018 09:02 am ET
Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Energy Index
DALLAS, June 8, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP, announce today an upcoming interim rebalancing of The Cushing® Energy Index (the "Index"). Per the Index's methodology guide, the removal of an Index constituent from a Sub-Index without a named direct replacement necessitates the rebalancing of the Index. The Cushing® 30 MLP Index (the "Sub-Index") announced today that Index constituents Spectra Energy Partners, LP (NYSE: SEP) and Tallgrass Energy GP, LP (NYSE: TEGP) will be removed from the Sub-Index after the markets close on June 15, 2018, and effe...
Jun 08, 2018 09:02 am ET
Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Energy Supply Chain Index
DALLAS, June 8, 2018 /PRNewswire/ -- Swank Capital, LLC, and Cushing® Asset Management, LP, announce today an upcoming interim rebalancing of The Cushing® Energy Supply Chain Index (the "Index"). Per the Index's methodology guide, the removal of an Index constituent from a Sub-Index without a named direct replacement necessitates the rebalancing of the Index. The Cushing® 30 MLP Index (the "Sub-Index") announced today that Index constituents Spectra Energy Partners, LP (NYSE: SEP) and Tallgrass Energy GP, LP (NYSE: TEGP) will be removed from the Sub-Index after the markets close on June 15, ...
Jun 08, 2018 09:02 am ET
Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Transportation Index
DALLAS, June 8, 2018  /PRNewswire/ --Swank Capital, LLC and Cushing® Asset Management, LP, announce today an upcoming interim rebalancing of The Cushing® Transportation Index (the "Index"). Per the Index's methodology guide, the removal of an Index constituent from a Sub-Index without a named direct replacement necessitates the rebalancing of the Index. The Cushing® 30 MLP Index (the "Sub-Index") announced today that Index constituents Spectra Energy Partners, LP (NYSE: SEP) and Tallgrass Energy GP, LP (NYSE: TEGP) will be removed from the Sub-Index after the markets close on June 15, 2018, ...
Jun 08, 2018 09:02 am ET
Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Utility Index
DALLAS, June 8, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP, announce today an upcoming interim rebalancing of The Cushing® Utility Index (the "Index"). Per the Index's methodology guide, the removal of an Index constituent from a Sub-Index without a named direct replacement necessitates the rebalancing of the Index. The Cushing® 30 MLP Index (the "Sub-Index") announced today that Index constituents Spectra Energy Partners, LP (NYSE: SEP) and Tallgrass Energy GP, LP (NYSE: TEGP) will be removed from the Sub-Index after the markets close on June 15, 2018, and eff...
May 07, 2018 11:42 am ET
Alerian Reports March 31, 2018 Index Linked Product Positions
DALLAS, May 7, 2018 /PRNewswire/ -- Alerian reported index linked product positions of $13.5 billion as of March 31, 2018. Linked products include exchange-traded funds, exchange-traded notes, return of capital notes, variable insurance portfolios, and mutual funds....
Apr 30, 2018 06:35 am ET
MPLX LP reports record first-quarter 2018 financial results
FINDLAY, Ohio, April 30, 2018 /PRNewswire/ -- ...
Apr 30, 2018 06:30 am ET
Marathon Petroleum Corp. reports first-quarter 2018 results
FINDLAY, Ohio, April 30, 2018 /PRNewswire/ --...
Apr 30, 2018 06:00 am ET
Apr 25, 2018 03:15 pm ET
MPLX LP increases quarterly distribution
FINDLAY, Ohio, April 25, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the board of directors of its general partner has declared a cash distribution of $0.6175 per common unit for the first quarter of 2018. This represents an increase of $0.01 per unit, or 1.6 percent, over the fourth-quarter 2017 distribution; and an increase of $0.0775 per unit, or 14.4 percent, over the first-quarter 2017 distribution. Since the partnership's initial public offering in October 2012, the MPLX board has authorized distribution increases for 21 consecutive quarters, representing a compound ...
Apr 20, 2018 08:00 am ET
New Research Coverage Highlights MPLX LP, TESARO, LKQ, Cytokinetics, Keysight Technologies, and Charles River Laboratories International — Consolidated Revenues, Company Growth, and Expectations for 2
NEW YORK, April 20, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of MPLX LP (NYSE:MPLX), TESARO, Inc. (NASDAQ:TSRO),...
Apr 12, 2018 03:04 pm ET
Marathon Petroleum Corp. to announce 2018 first-quarter financial results May 1
FINDLAY, Ohio, April 12, 2018 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call Tuesday, May 1, 2018, at 9 a.m. EDT to discuss 2018 first-quarter financial results, which will be released earlier that day, and to provide an update on company operations....
Apr 12, 2018 03:04 pm ET
MPLX LP to announce 2018 first-quarter financial results May 1
FINDLAY, Ohio, April 12, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call Tuesday, May 1, 2018, at 11 a.m. EDT to discuss 2018 first-quarter financial results, which will be released earlier that day, and to provide an update on partnership operations....
Mar 22, 2018 09:02 am ET
Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Energy Index
DALLAS, March 22, 2018 /PRNewswire/ -- Swank Capital, LLC, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® Energy Index (the "Index") as part of normal index operations. After the markets close on March 29, 2018, the constituents of the Index will be rebalanced, and the following changes will become effective on April 2, 2018:...
Mar 22, 2018 09:02 am ET
Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Energy Supply Chain Index
DALLAS, March 22, 2018 /PRNewswire/ -- Swank Capital, LLC, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® Energy Supply Chain Index (the "Index") as part of normal index operations. After the markets close on March 29, 2018, the constituents of the Index will be rebalanced, and the following changes will become effective on April 2, 2018:...
Mar 22, 2018 09:02 am ET
Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Transportation Index
DALLAS, March 22, 2018 /PRNewswire/ -- Swank Capital, LLC, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® Transportation Index (the "Index") as part of normal index operations. After the markets close on March 29, 2018, the constituents of the Index will be rebalanced, and the following changes will become effective on April 2, 2018:...
Mar 22, 2018 09:02 am ET
Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Utility Index
DALLAS, March 22, 2018 /PRNewswire/ -- Swank Capital, LLC, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® Utility Index (the "Index") as part of normal index operations. After the markets close on March 29, 2018, the constituents of the Index will be rebalanced, and the following changes will become effective on April 2, 2018:...
Mar 16, 2018 09:00 am ET
MPLX Responds to FERC Announcement
FINDLAY, Ohio, March 16, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) has reviewed the March 15 Federal Energy Regulatory Commission (FERC) policy revision, in which FERC no longer will allow master limited partnership interstate natural gas and oil pipelines to recover an income tax allowance in cost-of-service rate filings. The partnership expects these revisions to have a de minimis effect on its earnings and cash flow. ...
Mar 12, 2018 04:46 pm ET
Marathon Petroleum Corp. names Kristina A. Kazarian vice president of Investor Relations
FINDLAY, Ohio, March 12, 2018 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) today announced the appointment of Kristina A. Kazarian to the position of vice president, Investor Relations, effective April 2. Kazarian will serve as a corporate officer for both MPC and MPLX (NYSE: MPLX), the master limited partnership sponsored by MPC, and report to MPC Chairman and CEO Gary R. Heminger. She will maintain offices in Findlay and New York City. ...
Mar 08, 2018 04:04 pm ET
MPLX LP 2017 K-1 tax packages now available on company website
FINDLAY, Ohio, March 8, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2017 investor tax packages are now available on its website, http://www.mplx.com. Investors may select the Tax Reporting Package link under the Investor tab, or use the following link: http://www.mplx.com/Investors/Tax_Reporting_Package/ ...
Feb 28, 2018 02:52 pm ET
MPLX LP files 2017 Form 10-K
FINDLAY, Ohio, Feb. 28, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced it has filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2017. The filing can be viewed through a link on MPLX's website at http://www.mplx.com by selecting the "SEC Filings" link under the "Investors" tab....
Feb 26, 2018 06:00 am ET
MPLX Announces Successful Joint Binding Open Season on Cushing-to-Patoka Pipeline Expansion
FINDLAY, Ohio, Feb. 26, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that its subsidiaries MPLX Ozark Pipe Line LLC (Ozark) and Marathon Pipe Line LLC (MPL) have completed a successful joint binding open season on the combined Ozark 22-inch and Woodpat 22-inch pipelines from Cushing, Oklahoma, to Patoka, Illinois. Based on strong interest from prospective shippers, MPL will continue with plans to increase the capacity of the pipeline by providing operational modifications, including tankage, in Wood River, Illinois. The expansion is expected to begin service in the third quarter...
Feb 21, 2018 03:24 pm ET
Alerian Reports December 31, 2017 Index Linked Product Positions
DALLAS, Feb. 21, 2018 /PRNewswire/ -- Alerian reported index linked product positions of $16.3 billion as of December 31, 2017. Linked products include exchange-traded funds, exchange-traded notes, return of capital notes, variable insurance portfolios, and mutual funds....
Feb 14, 2018 08:00 am ET
Analysis: Positioning to Benefit within Time Warner, Southwest Airlines, Kohl's, MPLX LP, Horizon Global, and Farmland Partners — Research Highlights Growth, Revenue, and Consolidated Results
NEW YORK, Feb. 14, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Time Warner Inc. (NYSE:TWX), Southwest Airlines...
Feb 12, 2018 09:03 am ET
Honeywell To Provide Natural Gas Liquids Fractionation Plant For MarkWest's Hopedale Plant
DES PLAINES, Ill., Feb. 12, 2018 /PRNewswire/ -- Honeywell (NYSE: HON) today announced that its UOP Russell business will provide a fractionation plant capable of producing 60,000 barrels per day of natural gas liquids (NGLs) to MarkWest Energy Partners. The company, which is a wholly owned subsidiary of MPLX LP (NYSE: MPLX), will install the plant at its Hopedale facility located in Jewett, Ohio....
Feb 06, 2018 03:00 pm ET
Marathon Petroleum Corp. and MPLX LP to present at Credit Suisse Energy Summit
FINDLAY, Ohio, Feb. 6, 2018 /PRNewswire/ -- On Tuesday, Feb. 13, Gary R. Heminger, the chairman and chief executive officer of Marathon Petroleum Corp. (NYSE: MPC) and MPLX LP (NYSE: MPLX), will deliver a presentation to investors and industry analysts at the Credit Suisse 2018 Energy Summit in Vail, Colorado....
Feb 05, 2018 04:19 pm ET
MPLX LP prices $5.5 billion senior notes offering
FINDLAY, Ohio, Feb. 5, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has priced $5,500,000,000 in aggregate principal amount of unsecured senior notes in an underwritten public offering consisting of five series of senior notes:...
Feb 05, 2018 08:31 am ET
MPLX LP announces senior notes offering
FINDLAY, Ohio, Feb. 5, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has commenced an underwritten public offering of unsecured senior notes pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission (SEC). The actual terms of the unsecured senior notes, including principal amount, interest rate and maturity, will depend on market and other conditions.  ...
Feb 01, 2018 09:00 am ET
MPLX LP to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 1, 2018 / MPLX LP (NYSE: MPLX) will be discussing their earnings results in their Q4 Earnings Call to be held on February 1, 2018 at 11:00 AM Eastern Time.
Feb 01, 2018 05:35 am ET
Marathon Petroleum Corp. reports fourth-quarter and full-year 2017 results
FINDLAY, Ohio, Feb. 1, 2018 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) today reported 2017 fourth-quarter earnings of $2.02 billion, or $4.09 per diluted share, compared with $227 million, or $0.43 per diluted share, in the fourth quarter of 2016....
Feb 01, 2018 05:30 am ET
Marathon Petroleum Corp. and MPLX LP closing on strategic transactions
FINDLAY, Ohio, Feb. 1, 2018 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) and MPLX LP (NYSE: MPLX) today are closing on the final transactions to complete the previously announced strategic actions. ...
Jan 29, 2018 07:00 am ET
Targa Resources Announces New Natural Gas Processing Arrangement
HOUSTON, Jan. 29, 2018 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE:TRGP) ("Targa" or the "Company"), announced today that it has entered into an agreement to expand its natural gas processing joint venture with MPLX, LP (NYSE:MPLX) in Oklahoma.
Jan 26, 2018 06:00 am ET
MPLX LP increases quarterly distribution
FINDLAY, Ohio, Jan. 26, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the board of directors of its general partner has declared a cash distribution of $0.6075 per common unit for the fourth quarter of 2017. This represents an increase of $0.02 per unit, or 3.4 percent, over the third-quarter 2017 distribution; an increase of $0.0875 per unit, or 16.8 percent, over the fourth-quarter 2016 distribution; and a 12.1 percent increase on a full-year basis over 2016 distributions. Since the partnership's initial public offering in October 2012, the MPLX board has authorized distri...
Jan 23, 2018 08:15 am ET
Marathon Petroleum Corporation announces senior leadership appointments
FINDLAY, Ohio, Jan. 23, 2018 /PRNewswire/ -- Marathon Petroleum Corporation (NYSE: MPC) today announced the appointments of Brian K. Partee, currently director of Business Development, to vice president of Business Development, and Rick Linhardt, currently director of Tax, to vice president of Tax. Both positions are effective Feb. 1, 2018. Partee will report to Donald C. Templin, president of MPC, and Michael J. Hennigan, president of the general partner of MPLX LP (NYSE: MPLX), the master limited partnership sponsored by MPC. Linhardt will report to Timothy T. Griffith, senior vice preside...
Jan 17, 2018 07:00 am ET
MPLX Announces Joint Binding Open Season for Cushing-to-Patoka Pipeline Expansion
FINDLAY, Ohio, Jan. 17, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that its subsidiaries MPLX Ozark Pipe Line LLC (Ozark) and Marathon Pipe Line LLC (MPL) have commenced a joint binding open season on the combined Ozark 22-inch and Woodpat 22-inch pipelines from Cushing, Oklahoma, to Patoka, Illinois. The joint binding open season provides interested shippers with an opportunity to secure priority transportation service on the pipelines....
Jan 08, 2018 03:30 pm ET
Marathon Petroleum Corp. to announce 2017 fourth-quarter and full-year financial results Feb. 1
FINDLAY, Ohio, Jan. 8, 2018 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call Thursday, Feb. 1, 2018, at 9 a.m. EST to discuss 2017 fourth-quarter and full-year financial results, which will be released earlier that day, and to provide an update on company operations....
Jan 08, 2018 03:30 pm ET
MPLX LP to announce 2017 fourth-quarter and full-year financial results Feb. 1
FINDLAY, Ohio, Jan. 8, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call Thursday, Feb. 1, 2018, at 11 a.m. EST to discuss 2017 fourth-quarter and full-year financial results, which will be released earlier that day, and to provide an update on partnership operations....
Dec 19, 2017 08:15 am ET
John Fox, Co-Founder Of Markwest Hydrocarbon, Issues New Letter to The Board Of Directors Of MPLX Concerning Unprecedented IDR Elimination Valuation
DENVER, Dec. 19, 2017 /PRNewswire/ -- John M. Fox today released the following open letter to the board of directors of MPLX responding to Marathon Petroleum Corporation's announcement to demand over $10 billion for its GP economic interest in MPLX....
Dec 18, 2017 08:15 am ET
John Fox, Co-Founder Of MarkWest Hydrocarbon, Issues Response To The Board Of Directors Of Marathon Petroleum Corporation Concerning Unprecedented IDR Elimination Valuation
DENVER, Dec. 18, 2017 /PRNewswire/ -- John M. Fox today released the following open letter to the board of directors of Marathon Petroleum Corporation (MPC) responding to management's announcement to demand over $10 billion for its GP economic interest in MPLX....
Nov 30, 2017 08:20 am ET
Report: Exploring Fundamental Drivers Behind Time Warner, Southwest Airlines, Kohl's, MPLX LP, Horizon Global, and Farmland Partners — New Horizons, Emerging Trends, and Upcoming Developments
NEW YORK, Nov. 30, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Time Warner Inc. (NYSE:TWX), Southwest Airlines...
Apr 18, 2017 05:15 pm ET
Antero Midstream Announces Appointment of John C. Mollenkopf to the Board of Directors of the General Partner
DENVER, April 18, 2017 /PRNewswire/ -- Antero Midstream Partners LP (NYSE: AM) ("Antero Midstream" or the "Partnership") today announced that John C. Mollenkopf has been appointed to the board of directors of Antero Midstream Partners GP LLC, the general partner of Antero Midstream (the "Board"). ...
Feb 06, 2017 07:33 pm ET
Antero Midstream Announces Pricing of Upsized Common Unit Offering
DENVER, Feb. 6, 2017 /PRNewswire/ -- Antero Midstream Partners LP (NYSE: AM) ("Antero Midstream" or the "Partnership") announced today the pricing of an upsized underwritten public offering of 6,000,000 common units representing limited partner interests in Antero Midstream (the "Offering") at a public offering price of $33.00 per common unit for aggregate gross proceeds of approximately $198 million before estimated offering expenses.  In addition, the Partnership has also granted the underwriters a 30-day option to purchase up to an additional 900,000 common units. ...
Feb 06, 2017 04:07 pm ET
Antero Midstream Announces Public Offering of Common Units
DENVER, Feb. 6, 2017 /PRNewswire/ -- Antero Midstream Partners LP (NYSE: AM) ("Antero Midstream" or the "Partnership") announced today that it has commenced an underwritten public offering of 5,000,000 common units representing limited partner interests in Antero Midstream (the "Offering").  In addition, the Partnership anticipates granting the underwriters a 30-day option to purchase up to an additional 750,000 common units. ...
Feb 06, 2017 04:01 pm ET
Antero Midstream Announces Strategic Processing and Fractionation Joint Venture and Increased Guidance and Targets
DENVER, Feb. 6, 2017 /PRNewswire/ -- Antero Midstream Partners LP (NYSE: AM) ("Antero Midstream" or the "Partnership") today announced the formation of a joint venture to develop processing and fractionation assets in Appalachia (the "Joint Venture" or the "JV") with MarkWest Energy Partners, L.P. ("MarkWest"), a wholly owned subsidiary of MPLX, LP (NYSE: MPLX) ("MPLX").  Antero Midstream and MarkWest will each own a 50% interest in the Joint Venture and MarkWest will operate the Joint Venture assets.  Antero Midstream also announced increased 2017 guidance. ...
Jan 30, 2017 10:33 am ET
John Fox, Co-Founder Of MarkWest Hydrocarbon, Reaffirms Stance Against Marathon Petroleum Corporation's Proposed January 3, 2017 Plan And Offers Additional Support For A Growth Plan That Provides Imme
DENVER, Jan. 30, 2017 /PRNewswire/ -- John M. Fox, beneficial owner of 1,542,072 MPLX common units, and 20,900 shares of Marathon Petroleum Company, today reaffirms his stance against Marathon Petroleum Corporation's proposed January 3, 2017 plan and offers additional support for a plan that provides immediate uplift in value for MPC shareholders.  ...
Jan 11, 2017 04:22 pm ET
John Fox, Co-Founder Of MarkWest Hydrocarbon, Issues Open Letter To The Board Of Directors Of Marathon Petroleum Corporation Against MPC's Proposed January 3, 2017 Plan And Offers New Plan
DENVER, Jan. 11, 2017 /PRNewswire/ -- John M. Fox, the co-founder of MarkWest Hydrocarbon, former CEO, Chairman and Director of MarkWest Energy GP, L.L.C. ("MarkWest GP"), the general partner of MarkWest Energy Partners, L.P. ("MarkWest"), and beneficial owner of 1,542,072 MPLX common units, and 15,900 shares of Marathon Petroleum Corporation through its merger with MarkWest in 2015 and from follow-on investments, today released the following open letter to the board of directors of Marathon Petroleum Corporation (MPC) outlining  how the accelerated dropdown of refining assets hurts long-ter...