Current MPC Stock Info

Stated target value to eliminate Incentive Distribution Rights (IDRs) is in question: Fox says that Marathon Petroleum’s 15x – 20x multiple for elimination of IDRs will damage MPLX unitholders, including MPC, the largest MPLX unitholder
John M. Fox, co-founder and former chairman, president and CEO of MarkWest Energy Partners, yesterday published two letters directed towards the MPLX GP LLC Conflicts Committee and the Board of Directors of Marathon Petroleum Corporation (ticker: MPC).

Fox’s former company MarkWest Hydrocarbon was acquired b...


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