Marathon Petroleum Corporation Announces Evaluation of Strategic Alternatives for Midstream Assets

abarrelfullabarrelfull wrote on 06 Feb 2012 13:03
Tags: marathon pipeline usa

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Marathon Petroleum Corporation (NYSE: MPC) today announced that it is evaluating strategic alternatives to enhance shareholder value with respect to certain of its midstream assets, including, but not limited to, the possible formation and initial public offering of a master limited partnership (MLP).

If MPC determines to further pursue an initial public offering of an MLP, the company would not expect to file a registration statement before the end of the second quarter 2012.


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