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4-Traders Homepage  >  Equities  >  Nyse  >  Marathon Petroleum Corp    MPC

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Marathon Petroleum Corp : oration Announces First-Quarter 2012 Dividend

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04/25/2012 | 06:55pm CET

FINDLAY, Ohio, April 25, 2012 - The board of directors of Marathon Petroleum Corporation (NYSE: MPC) today declared a dividend of 25 cents per share on Marathon Petroleum Corporation common stock. The dividend is payable June 11, 2012, to stockholders of record as of the close of business on May 16, 2012.

On May 1, MPC will provide an update on its 2012 first-quarter results through an earnings news release, to be followed by a conference call scheduled for 10 a.m. EDT that day. Interested investors can listen to the conference call on MPC's website at http://www.marathonpetroleum.com by clicking on the "2012 First-Quarter Financial Results" link.


# # #

About Marathon Petroleum Corporation
MPC is the nation's fifth-largest refiner, with a crude capacity of approximately 1.2 million barrels per calendar day in its six-refinery system. Marathon brand gasoline is sold through more than 5,000 independently owned retail outlets across 18 states. In addition, Speedway LLC, an MPC subsidiary, owns and operates the nation's fourth largest convenience store chain, with approximately 1,370 convenience stores in seven states. MPC also owns, leases or has ownership interests in approximately 8,300 miles of pipeline. MPC's fully integrated system provides operational flexibility to move crude oil, feedstocks and petroleum-related products efficiently through the company's distribution network in the Midwest, Southeast and Gulf Coast regions. For additional information about the company, please visit our website at http://www.marathonpetroleum.com:
http://www.marathonpetroleum.com/.

Investor Relations Contacts:
Pamela Beall (419) 429-5640
Beth Hunter (419) 421-2559

Media Contacts:
Angelia Graves (419) 421- 2703
Jamal Kheiry (419) 421-3312


MPC Announces Dividend:
http://hugin.info/147922/R/1605855/508718.pdf



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Marathon Petroleum Corporation via Thomson Reuters ONE

HUG#1605855
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Financials ($)
Sales 2016 61 013 M
EBIT 2016 2 404 M
Net income 2016 1 202 M
Debt 2016 9 864 M
Yield 2016 2,85%
P/E ratio 2016 18,71
P/E ratio 2017 14,27
EV / Sales 2016 0,58x
EV / Sales 2017 0,48x
Capitalization 25 230 M
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 53,2 $
Spread / Average Target 11%
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Managers
NameTitle
Gary R. Heminger Chairman, President & Chief Executive Officer
Timothy T. Griffith Chief Financial Officer & Senior Vice President
Donald W. Wehrly Chief Information Officer & Vice President
David A. Daberko Lead Independent Director
John William Snow Independent Director
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