Post Tagged with: "John Fox"

Enbridge Line 3 pipeline construction, in Hardisty, Alta., on Thursday August 3, 2017.THE CANADIAN PRESS/Jason Franson

Enbridge and Spectra Energy Eliminate Incentive Distribution Rights

Enbridge Inc. (ticker: ENB) and Spectra Energy Partners, LP (ticker: SEP) announced today their execution of a definitive agreement resulting in Enbridge converting all of its incentive distribution rights (IDRs) and general partner (GP) economic interests in Spectra Energy Partners …

January 22, 2018 - 5:49 pm
Fox to Marathon: Don’t Put MPLX in the Penalty Box

Fox to Marathon: Don’t Put MPLX in the Penalty Box

MarkWest Co-Founder John Fox confirms stance that Marathon Petroleum should eliminate IDRs before refinery dropdowns

John M. Fox, co-founder and former chairman and CEO of MarkWest Hydrocarbon, which merged with Marathon Petroleum’s MPLX LP (ticker: MPLX) in December 2015, issued …

January 30, 2017 - 1:10 pm
John Fox, Co-Founder of MarkWest Hydrocarbon, Issues Open Letter To MPC Board

John Fox, Co-Founder of MarkWest Hydrocarbon, Issues Open Letter To MPC Board

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

-Accelerated “dropdown” of refining assets hurts long-term MPC value and vastly

January 11, 2017 - 5:09 pm
MarkWest Energy: Anatomy of a Bad Deal

MarkWest Energy: Anatomy of a Bad Deal

MarkWest Energy:  Sold.  “For Pennies on the Dollar.”  Unitholders Say “No” on Management Bonus Payments

MarkWest Energy Partners (ticker: MWE) distributed a news release announcing that unitholders approved the merger with MPLX (ticker: MPLX), an MLP created by Marathon Petroleum …

December 2, 2015 - 6:23 pm