Marathon Petroleum (MPC) Tops Q4 EPS by 148c

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Go back to Marathon Petroleum (MPC) Tops Q4 EPS by 148c

Marathon Petroleum (MPC) Announces $2.53B Capital Plan for FY15

February 4, 2015 8:30 AM EST

Marathon Petroleum (NYSE: MPC) announced its 2015 capital investment plan of $2.53 billion. The plan includes $1.28 billion for the refining and marketing segment, $452 million for the Speedway segment, $659 million for the pipeline transportation segment and $140 million for corporate and other.

"MPC's 2015 capital investment plan demonstrates our commitment to execute on our corporate strategies," said MPC President and Chief Executive Officer Gary R. Heminger. "In addition to maintaining top-tier safety and environmental performance, MPC's capital plan reflects our continued emphasis on investments to develop value-enhancing projects and more stable cash-flow businesses, which further enable sustained capital... More