Post Tagged with: "John M. Fox"

It Just Makes Sense, Gary: John M. Fox Responds to Marathon’s $10 Billion Valuation

It Just Makes Sense, Gary: John M. Fox Responds to Marathon’s $10 Billion Valuation

On Dec. 15, 2017 Marathon Petroleum Corp. (ticker: MPC) and MPLX LP (ticker: MPLX) announced a definitive agreement for MPC to exchange its general partner (GP) economic interests in MPLX, which include incentive distribution rights (IDRs), for 275 million newly …

December 19, 2017 - 5:56 pm — Closing Bell Story‎, Finance, Oil and Gas 360 Articles
Former MarkWest CEO John M. Fox to Marathon and MPLX: Your Multiple is Over the Top

Former MarkWest CEO John M. Fox to Marathon and MPLX: Your Multiple is Over the Top

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 …

December 6, 2017 - 4:49 pm — Analytics, Closing Bell Story‎, Finance, Oil and Gas 360 Articles, People
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