Marathon Petroleum Corporation (MPC) - Oil & Gas - Deals and Alliances Profile

 Published On: Aug, 2016 |    No of Pages: 155 |  Published By: GlobalData | Format: PDF
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Summary

Marathon Petroleum Corporation (MPC) is a downstream energy company, which refines, markets and transports petroleum products. It owns and operates refineries in the Gulf Coast and Midwest regions of the US. MPC owns common carrier pipeline systems that transport crude oil and refined products to the company's refineries, terminals and other pipeline systems. The company sells gasoline and a wide variety of merchandise through Speedway-branded convenience stores. Its integrated system provides crude oil, feedstock and petroleum-related products through its distribution network in the Midwest, East Coast, Southeast and Gulf Coast regions in the US. It also has interests in gas processing plants, natural gas liquids fractionation facilities and a condensate stabilization facility. MPC is headquartered in Findlay, Ohio, the US.

Marathon Petroleum Corporation (MPC) - Oil & Gas - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.

GlobalData derived the data presented in this report from proprietary in-house Oil & Gas eTrack deals database, and primary and secondary research.

Scope

- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company's (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.

Reasons to Buy

Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.

Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.

Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.

Equip yourself with detailed information about the company's operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.

Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.

Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.

Note*: Some sections may be missing if data is unavailable for the company.

Table of Contents
Table of Contents 2
List of Tables 5
List of Figures 7
Marathon Petroleum Corporation, Oil & Gas, Deals By Year, 2010 to YTD 2016 8
Marathon Petroleum Corporation, Oil & Gas Deals By Type, 2010 to YTD 2016 9
Marathon Petroleum Corporation, Oil & Gas, Deals By Region, 2010 to YTD 2016 10
Marathon Petroleum Corporation, Oil & Gas, Deals By Sector, 2010 to YTD 2016 11
Marathon Petroleum Corporation, Oil & Gas, Deals Summary, 2010 to YTD 2016 12
Marathon Petroleum Corporation, Oil & Gas, Deal Details 16
Asset Purchase 16
Marathon To Acquire 27% Stake In North Dakota System From Enbridge Energy Partners 16
MarkWest Energy Acquires Midstream Assets In Anadarko Basin From Chesapeake Energy For US$245 Million 18
Marathon Petroleum Completes Acquisition Of Texas City Refinery And Related Assets From BP For US$2.4 Billion 20
Speedway Completes Acquisition Of 87 Retail Locations From GasAmerica 22
MarkWest Energy Acquires Natural Gas Processing Complex From EQT For US$230 Million 23
Partnerships 24
Enterprise, Anadarko, DCP Midstream And MarkWest Form Joint Venture To Develop Panola NGL Pipeline 24
MarkWest Energy Forms Joint Venture With Energy & Minerals Group 26
MarkWest Energy And Energy & Minerals Group Partner With Gulfport Energy 27
Marathon Petroleum Forms Partnership With Harvest Pipeline To Develop Truck To Barge Project 28
Equity Offering 29
MPLX Completes Public Offering Of Units For US$230 Million 29
MarkWest Energy Partners Completes Public Offering Of Units For US$298.8 Million 31
MarkWest Energy Completes Public Offering Of Units For US$454.5 Million 33
MPLX Completes IPO For US$438 Million 34
MarkWest Energy Partners Completes Public Offering Of Units For US$350 Million 36
MarkWest Energy Partners Completes Public Offering Of Units For US$442 Million 38
MarkWest Energy Completes Public Offering Of Units For US$351.3 Million 40
Marathon Petroleum Completes Private Placement Of Common Shares For US$636 Million 42
MarkWest Energy Completes Public Offering Of Common Units For US$542.5 Million 43
MarkWest Energy Partners Completes Public Offering Of Common Units For US$261.7 Million 45
MarkWest Energy Partners Completes Public Offering Of US$193.2 Million 47
MarkWest Energy Partners Completes Public Offering Of US$142 Million 49
MarkWest Energy Partners Completes Public Offering Of US$148.7 Million 51
Debt Offering 53
Marathon Petroleum Completes Public Offering Of 2.7% Senior Notes, Due 2018, For US$600 Million 53
Marathon Petroleum Completes Public Offering Of 3.4% Senior Notes, Due 2020, For US$650 Million 55
Marathon Petroleum Completes Public Offering Of 5.85% Senior Notes, Due 2045, For US$250 Million 57
MarkWest Energy Completes Public Offering Of 4.875% Senior Notes Due 2025 for US$1.2 Billion 59
MarkWest Energy Completes Public Offering Of 4.875% Senior Notes Due 2024 For US$650 Million 61
MPLX Completes Public Offering Of 4% Senior Notes Due 2025 For US$500 Million 63
MarkWest Energy Completes Public Offering Of 4.875% Senior Notes, Due 2024, For US$500 Million 65
Marathon Petroleum Completes Public Offering Of 3.625% Senior Notes, Due 2024, For US$750 Million 67
Marathon Petroleum Completes Public Offering Of 4.75% Senior Notes, Due 2044, For US$800 Million 69
Marathon Petroleum Completes Public Offering Of 5% Notes Due 2054 For US$400 Million 71
MarkWest Energy Completes Public Offering Of 4.5% Notes Due 2023 For US$1 Billion 73
MarkWest Energy Partners Completes Public Offering Of 5.5% Senior Notes Due 2023 For US$750 Million 75
MarkWest Energy Completes Public Offering Of 6.25% Senior Unsecured Notes Due 2022 For US$700 Million 77
MarkWest Energy Partners Completes Offering 6.5% Senior Unsecured Notes Due 2021 For US$200 Million 79
MarkWest Energy Partners Completes 6.5% Senior Unsecured Notes Offering For US$300 Million 80
Marathon Petroleum Completes Private Placement Of 3.5% Senior Notes For US$750 Million 81
Marathon Petroleum Completes Private Placement Of 5.125% Senior Notes For US$1,000 Million 82
Marathon Petroleum Completes Private Placement Of 6.5% Senior Notes For US$1,250 Million 83
MarkWest Energy Partners Completes Offering Of 6.75% Senior Notes Due 2020 For US$500 Million 84
Asset Transactions 86
U.S. Oil Acquires Milwaukee Area Oil Products Terminals From Marathon Petroleum 86
Summit Midstream Completes Acquisition Of Natural Gas Gathering And Compression Assets In Marcellus Shale Play, West Virginia, From MarkWest Energy For US$210 Million 87
Gas Natural Acquires Pipeline Assets In Ohio And Kentucky 89
Acquisition 90
Enbridge Energy And Marathon Petroleum To Acquire 49% Stake In Bakken Holdings From Energy Transfer And Sunoco Logistics For US$2 Billion 90
MPLX Completes Acquisition Of MarkWest Energy For US$20 Billion 92
MPLX Completes Acquisition Of Additional 30.5% Interest In MPLX Pipe Line From Marathon Petroleum For US$800 Million 94
Speedway Completes Acquisition Of Hess Retail From Hess For US$2.83 Billion 96
Summit Midstream Acquires 40% Interest In Ohio Gathering From MarkWest Energy And Energy & Minerals Group For US$341.1 Million 98
Marathon Petroleum Acquires Additional 7% Interest In Explorer Pipeline From Chevron Raven Ridge Pipe Line For US$77 Million 100
MPLX Completes Acquisition Of Additional 13% Interest In MPLX Pipe Line From Marathon Petroleum For US$310 Million 101
MPLX Completes Acquisition Of Additional 5% Interest In MPLX Pipe Line Holdings For US$100 Million 103
MarkWest Energy Partners Acquires Remaining 49% Joint Venture Stake In MarkWest Liberty Midstream & Resources From Energy & Minerals Group 105
MarkWest Energy Partners Sells Its 50% Interest In Stingray Pipeline 107
Enbridge Offshore Acquires 50% Interest In Starfish Pipeline 108
Marathon Petroleum Corporation - Key Competitors 109
Key Employees 110
Locations And Subsidiaries 112
Head Office 112
Other Locations & Subsidiaries 112
Recent Developments 117
Strategy and Business Expansion 117
Oct 29, 2015: Marathon Petroleum Cancels $2bn Upgrade Plan For Garyville Refinery 117
Financial Announcements 118
Jul 28, 2016: Marathon Petroleum Corporation Reports Second-Quarter 2016 Results 118
Apr 28, 2016: Marathon Petroleum Reports First-Quarter 2016 Results 120
Feb 03, 2016: Marathon Petroleum Reports Fourth-Quarter And Full-Year 2015 Results 123
Oct 29, 2015: Marathon Petroleum Reports Third-Quarter 2015 Results 126
Jul 30, 2015: Marathon Petroleum Reports Second-Quarter 2015 Results 128
Other Significant Developments 130
Aug 12, 2016: Philly Shipyard Delivers Fourth Next Generation Product Tanker To Crowley 130
Aug 02, 2016: Marathon Petroleum Takes Robinson Refinery Units Offline 131
Jul 28, 2016: Marathon Petroleum May Finish $2bn Project Phase 1 At Galveston Bay Refinery In August 2016 132
Jul 27, 2016: Marathon Petroleum Reports Butane Leak At Galveston Bay Refinery 133
Jul 21, 2016: Marathon Petroleum Announces Senior Management Changes 134
Jun 09, 2016: EPA: Marathon Petroleum To Reduce Air Pollution From Refineries In Five States 135
Jun 09, 2016: EPA: Marathon Petroleum To Reduce Air Pollution From Detroit Refinery 136
May 24, 2016: Marathon Petroleum Slashes 46 Employees At Galveston Bay Refinery 137
May 06, 2016: Crowley Christens MT Louisiana; Company's Third LNG-Ready, Product Tanker To Sail U.S. Coastwise Trade 138
Apr 15, 2016: Philly Shipyard Delivers Third Next Generation Product Tanker To Crowley 139
Feb 24, 2016: Usher To Retire As Marathon Petroleum Chairman; Heminger To Succeed 140
Jan 27, 2016: Vice President, General Counsel And Secretary To Retire From Marathon Petroleum 141
Jan 07, 2016: Marathon Petroleum Senior Vice President Richard D. Bedell To Retire 142
Dec 04, 2015: Marathon Petroleum Announces Successful Completion Of MPLX/MarkWest Combination And Director And Executive Appointments 143
Dec 03, 2015: Marathon Petroleum And MPLX Announce 2016 Capital Investment Plan 144
Sep 08, 2015: Enterprise Says Centennial Pipeline Conversion To NGLs Could Take Two Years To Complete 145
Aug 20, 2015: Marathon Petroleum Appoints Tom Kaczynski As Vice President Of Finance And Treasurer 146
Aug 10, 2015: MPC Restarts Operations At Catlettsburg Refinery In Kentucky, US 147
Aug 06, 2015: MPC Begins Resumption Of Operations At Catlettsburg Refinery In US 148
Jun 16, 2015: MPC Reopens Crude Oil Pipeline In Kentucky, US 149
Jun 05, 2015: MN Approves Bakken Oil Pipeline To Lake Superior 150
Jun 04, 2015: MPC Reaches Final Stage Of Commissioning New Unit At Catlettsburg Refinery In US 151
Mar 03, 2015: Marathon Petroleum Announces Key Executive Changes 152
Feb 24, 2015: Marathon Petroleum Plans To Merge Two Texas Refineries 153
Feb 04, 2015: Marathon Petroleum Announces 2015 Capital Investment Plan Focused On Value-Enhancing Refining Projects And Growth In Retail And Midstream Segments 154
Appendix 155
Methodology 155
About GlobalData 155
Contact Us 155
Disclaimer 155

List of Tables
Marathon Petroleum Corporation, Oil & Gas, Key Facts, 2015 1
Marathon Petroleum Corporation, Oil & Gas, Deals Summary, 2010 to YTD 2016 1
Marathon Petroleum Corporation, Oil & Gas, Deals By Year, 2010 to YTD 2016 8
Marathon Petroleum Corporation, Oil & Gas Deals By Type, 2010 to YTD 2016 9
Marathon Petroleum Corporation, Oil & Gas, Deals By Region, 2010 to YTD 2016 10
Marathon Petroleum Corporation, Deals By Sector, 2010 to YTD 2016 11
Marathon Petroleum Corporation, Oil & Gas, Deals Summary, 2010 to YTD 2016 12
Marathon To Acquire 27% Stake In North Dakota System From Enbridge Energy Partners 16
MarkWest Energy Acquires Midstream Assets In Anadarko Basin From Chesapeake Energy For US$245 Million 18
Marathon Petroleum Completes Acquisition Of Texas City Refinery And Related Assets From BP For US$2.4 Billion 20
Speedway Completes Acquisition Of 87 Retail Locations From GasAmerica 22
MarkWest Energy Acquires Natural Gas Processing Complex From EQT For US$230 Million 23
Enterprise, Anadarko, DCP Midstream And MarkWest Form Joint Venture To Develop Panola NGL Pipeline 24
MarkWest Energy Forms Joint Venture With Energy & Minerals Group 26
MarkWest Energy And Energy & Minerals Group Partner With Gulfport Energy 27
Marathon Petroleum Forms Partnership With Harvest Pipeline To Develop Truck To Barge Project 28
MPLX Completes Public Offering Of Units For US$230 Million 29
MarkWest Energy Partners Completes Public Offering Of Units For US$298.8 Million 31
MarkWest Energy Completes Public Offering Of Units For US$454.5 Million 33
MPLX Completes IPO For US$438 Million 34
MarkWest Energy Partners Completes Public Offering Of Units For US$350 Million 36
MarkWest Energy Partners Completes Public Offering Of Units For US$442 Million 38
MarkWest Energy Completes Public Offering Of Units For US$351.3 Million 40
Marathon Petroleum Completes Private Placement Of Common Shares For US$636 Million 42
MarkWest Energy Completes Public Offering Of Common Units For US$542.5 Million 43
MarkWest Energy Partners Completes Public Offering Of Common Units For US$261.7 Million 45
MarkWest Energy Partners Completes Public Offering Of US$193.2 Million 47
MarkWest Energy Partners Completes Public Offering Of US$142 Million 49
MarkWest Energy Partners Completes Public Offering Of US$148.7 Million 51
Marathon Petroleum Completes Public Offering Of 2.7% Senior Notes, Due 2018, For US$600 Million 53
Marathon Petroleum Completes Public Offering Of 3.4% Senior Notes, Due 2020, For US$650 Million 55
Marathon Petroleum Completes Public Offering Of 5.85% Senior Notes, Due 2045, For US$250 Million 57
MarkWest Energy Completes Public Offering Of 4.875% Senior Notes Due 2025 for US$1.2 Billion 59
MarkWest Energy Completes Public Offering Of 4.875% Senior Notes Due 2024 For US$650 Million 61
MPLX Completes Public Offering Of 4% Senior Notes Due 2025 For US$500 Million 63
MarkWest Energy Completes Public Offering Of 4.875% Senior Notes, Due 2024, For US$500 Million 65
Marathon Petroleum Completes Public Offering Of 3.625% Senior Notes, Due 2024, For US$750 Million 67
Marathon Petroleum Completes Public Offering Of 4.75% Senior Notes, Due 2044, For US$800 Million 69
Marathon Petroleum Completes Public Offering Of 5% Notes Due 2054 For US$400 Million 71
MarkWest Energy Completes Public Offering Of 4.5% Notes Due 2023 For US$1 Billion 73
MarkWest Energy Partners Completes Public Offering Of 5.5% Senior Notes Due 2023 For US$750 Million 75
MarkWest Energy Completes Public Offering Of 6.25% Senior Unsecured Notes Due 2022 For US$700 Million 77
MarkWest Energy Partners Completes Offering 6.5% Senior Unsecured Notes Due 2021 For US$200 Million 79
MarkWest Energy Partners Completes 6.5% Senior Unsecured Notes Offering For US$300 Million 80
Marathon Petroleum Completes Private Placement Of 3.5% Senior Notes For US$750 Million 81
Marathon Petroleum Completes Private Placement Of 5.125% Senior Notes For US$1,000 Million 82
Marathon Petroleum Completes Private Placement Of 6.5% Senior Notes For US$1,250 Million 83
MarkWest Energy Partners Completes Offering Of 6.75% Senior Notes Due 2020 For US$500 Million 84
U.S. Oil Acquires Milwaukee Area Oil Products Terminals From Marathon Petroleum 86
Summit Midstream Completes Acquisition Of Natural Gas Gathering And Compression Assets In Marcellus Shale Play, West Virginia, From MarkWest Energy For US$210 Million 87
Gas Natural Acquires Pipeline Assets In Ohio And Kentucky 89
Enbridge Energy And Marathon Petroleum To Acquire 49% Stake In Bakken Holdings From Energy Transfer And Sunoco Logistics For US$2 Billion 90
MPLX Completes Acquisition Of MarkWest Energy For US$20 Billion 92
MPLX Completes Acquisition Of Additional 30.5% Interest In MPLX Pipe Line From Marathon Petroleum For US$800 Million 94
Speedway Completes Acquisition Of Hess Retail From Hess For US$2.83 Billion 96
Summit Midstream Acquires 40% Interest In Ohio Gathering From MarkWest Energy And Energy & Minerals Group For US$341.1 Million 98
Marathon Petroleum Acquires Additional 7% Interest In Explorer Pipeline From Chevron Raven Ridge Pipe Line For US$77 Million 100
MPLX Completes Acquisition Of Additional 13% Interest In MPLX Pipe Line From Marathon Petroleum For US$310 Million 101
MPLX Completes Acquisition Of Additional 5% Interest In MPLX Pipe Line Holdings For US$100 Million 103
MarkWest Energy Partners Acquires Remaining 49% Joint Venture Stake In MarkWest Liberty Midstream & Resources From Energy & Minerals Group 105
MarkWest Energy Partners Sells Its 50% Interest In Stingray Pipeline 107
Enbridge Offshore Acquires 50% Interest In Starfish Pipeline 108
Marathon Petroleum Corporation, Key Competitors 109
Marathon Petroleum Corporation, Key Employees 110
Marathon Petroleum Corporation, Other Locations 112
Marathon Petroleum Corporation, Subsidiaries 112

List of Figures
Marathon Petroleum Corporation, Oil & Gas, Deals by Type, 2010 to YTD 2016 1
Marathon Petroleum Corporation, Oil & Gas, Deals By Year, 2010 to YTD 2016 1
Marathon Petroleum Corporation, Oil & Gas, Deals By Region, 2010 to YTD 2016 1
Marathon Petroleum Corporation, Oil & Gas, Deals By Sector, 2010 to YTD 2016 1
Marathon Petroleum Corporation, Oil & Gas, Deals By Year, 2010 to YTD 2016 8
Marathon Petroleum Corporation, Oil & Gas, Deals by Type, 2010 to YTD 2016 9
Marathon Petroleum Corporation, Oil & Gas, Deals By Region, 2010 to YTD 2016 10
Marathon Petroleum Corporation, Oil & Gas, Deals by Sector, 2010 to YTD 2016 11


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