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Friday, 1 September 2017

Marathon Petroleum Corp. to donate $1 million for Texas storm recovery

     

Marathon Petroleum Corp. to donate $1 million for Texas storm recovery

FINDLAY, Ohio, Sept. 1, 2017 - Marathon Petroleum Corp. (NYSE: MPC) will donate $1 million to charitable organizations and municipalities in the Galveston County and Corpus Christi, Texas, areas to assist with recovery from Hurricane Harvey, and will donate up to an additional $100,000 to match donations from its employees.

"We have been a part of this region for more than 50 years, and we are committed to helping our friends and neighbors recover from this devastating storm," said MPC Chairman and CEO Gary R. Heminger. "For decades we have been proud to support the cities and agencies that strengthen our communities, and we are grateful for their dedication as we all pull together to assist those in need."

The $1 million MPC donation will be divided among the following entities:

  • United Way of Galveston County Mainland, including:
    • United Way of Galveston County Mainland Hurricane Relief Fund
    • American Red Cross - Galveston Branch
    • American Red Cross - Coastal Bend Branch (serving the Corpus Christi area)
    • Salvation Army of Galveston County
    • Galveston County Food Bank
    • M.I. Lewis Social Service Center
    • Interfaith Caring Ministries
  • City of Dickinson
  • City of Friendswood
  • City of League City
  • City of Texas City

 

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About Marathon Petroleum Corporation

MPC is the nation's third-largest refiner, with a crude oil refining capacity of approximately 1.8 million barrels per calendar day in its seven-refinery system. Marathon brand gasoline is sold through approximately 5,600 independently owned retail outlets across 19 states. In addition, Speedway LLC, an MPC subsidiary, owns and operates the nation's second-largest convenience store chain, with approximately 2,730 convenience stores in 21 states. MPC owns, leases or has ownership interests in approximately 10,800 miles of crude and light product pipelines. Through subsidiaries, MPC owns the general partner of MPLX LP, a midstream master limited partnership. Through MPLX, MPC has ownership interests in gathering and processing facilities with approximately 5.6 billion cubic feet per day of gathering capacity, 7.8 billion cubic feet per day of natural gas processing capacity and 570,000 barrels per day of fractionation capacity. MPC's fully integrated system provides operational flexibility to move crude oil, NGLs, feedstocks and petroleum-related products efficiently through the company's distribution network and midstream service businesses in the Midwest, Northeast, East Coast, Southeast and Gulf Coast regions.

Investor Relations Contacts:
Lisa Wilson (419) 421-2071
Denice Myers (419) 421-2965
Doug Wendt (419) 421-2423

Media Contacts:
Chuck Rice (419) 421-2521
Jamal Kheiry (419) 421-3312




MPC Harvey Recovery Donation



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Marathon Petroleum Corporation, P.O. Box 1, Findlay, Ohio 45839, U.S.A.
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