Current MPC Stock Info

On September 1, 2017, Marathon Petroleum Corp. (ticker: MPC) contributed its joint-interest ownership of pipelines and storage facilities to MPLX, LP (ticker: MPLX), Marathon’s infrastructure arm. The assets are valued at $1.05 billion, Marathon said in a press release.

The assets that were dropped down to MPLX include MPC's ownership interests in:

Explorer Pipeline Co., representing a 24.51 % interest in the company
Lincoln Pipeline LLC, representing a 35 % interest in the Southern Access Extension Pipeline (SAX)
MPL Louisiana Ho...

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