Marathon Pete Corp Stock Price, News & Analysis

The board of directors of Marathon Petroleum Corp. (NYSE: MPC) has declared a quarterly dividend of $0.75 per share on its common stock. The dividend is set to be paid on June 12, 2023, to shareholders recorded as of the close of business on May 17, 2023.

Marathon Petroleum is a leading integrated downstream energy company with its headquarters in Findlay, Ohio. The firm operates the largest refining system in the U.S. and has a broad marketing system featuring branded retail outlets across the country. Additionally, MPC holds a majority stake in MPLX LP, which manages midstream assets.

Marathon Petroleum Corporation participated in the Fight For Air Climb at the Los Angeles Memorial Coliseum, marking its second year of involvement. The event raises money and awareness for the American Lung Association and aims to support lung disease research and advocacy. In February, firefighters from the Los Angeles refinery, including a father-son duo, climbed 2,500 steps, some in full gear. The refinery donated $3,000 to the event, reflecting its commitment to community engagement. With 150 firefighters on staff, the fire department not only prepares for emergencies at Marathon but also assists local fire services.

NORTHAMPTON, MA / ACCESSWIRE / April 11, 2023 / Marathon Petroleum Corporation has made significant strides in improving air quality along the U.S.-Mexico border. A new air monitoring station, funded by a $100,000 grant from Marathon, is set to enhance respiratory health awareness and data collection in the Paso del Norte Air Basin, which serves nearly 3 million residents. This monitoring station is the first outcome of the Binational Air Quality Monitoring Fund, a cooperative financial initiative between private and public sectors from both countries. With the addition of the new station, which includes advanced measurement equipment, there are now 22 monitoring stations in the region, aiding in better air quality management amidst urban growth.

Marathon Petroleum Corporation has provided financial support to the Melvindale Police Department in Michigan for the renovation of its women's locker room. Previously housed in a small restroom, the upgraded facility now features five large lockers, modern vanity, and enhanced lighting, offering a functional space for female officers. This project aims to improve recruitment and retention of women in the police force, addressing the inadequacies of the original design created decades ago. The initiative has received positive feedback from the officers, highlighting the importance of an inclusive environment for current and future law enforcement personnel.