Capline Pipeline Owners To Launch Binding Open Season
Marathon Petroleum Corporation (MPC)
Last marathon petroleum corporation earnings: 1/29 06:30 am
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US:NYSE Investor Relations:
ir.marathonpetroleum.com
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Source: PR Newswire
FINDLAY, Ohio, Jan. 2, 2019 /PRNewswire/ -- The owners of the Capline pipeline system intend to conduct a binding open season in January 2019 for a reversed Capline system, which would transport crude oil from origination points near Patoka, Illinois, and Collierville, Tennessee, to the U.S. Gulf Coast. The owners – including Plains Pipeline, L.P., BP Oil Pipeline Company, and Marathon Petroleum Corporation – previously conducted a non-binding open season for a reversed Capline system in the fourth quarter of 2017, which generated shipper interest.Phase I reversal engineering studies have been completed. Subject to the results of the binding open season and regulatory approvals, crude oil service is expected to commence in the third quarter of 2020. About MPCMarathon Petroleum Corporation (MPC) is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system with more than 3 million barrels per day of crude
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- Marathon Petroleum Co. (NYSE: MPC) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Marathon Petroleum Co. (NYSE: MPC) had its price target lowered by analysts at Barclays PLC from $221.00 to $195.00. They now have an "overweight" rating on the stock.MarketBeat
MPC
Earnings
- 4/30/24 - Beat
MPC
Sec Filings
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 4/26/24 - Form 8-K
- MPC's page on the SEC website