Tag Archives: Marathon Petroleum Corporation

Does Two Spins A Marathon Make?

Less than a year after being spun out of the Marathon Oil Corporation (MRO), the Marathon Petroleum Corporation (MPC) is pondering a spin of its own. Talk about moving quickly. Egged on by activist investor Jana Partners (who is also ‘prodding’ McGraw-Hill [MHP]), the company is considering setting up an master limited partnership (MLP) for its pipeline business… Read More »

The Spinoff Marathon Continues

Image via Wikipedia Another day, another spinoff. Marathon Oil (MRO) announced today that its Board of Directors has approved spinning off its downstream operations. The new company will be called the Marathon Petroleum Corporation (MPC – also its expected ticker) and will be one of the largest refiners in the United States with assets concentrated mainly in the… Read More »