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MARATHON PETROLEUM CORPORATION

(MPC)
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Delayed Nyse  -  04:00:02 2023-02-02 pm EST
119.90 USD   -2.50%
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Marathon Petroleum : awards $200,000 in scholarships for process technology students

08/12/2021 | 11:12am EST

Brandon McCarthy, Area Team Leader at the Galveston Bay refinery, serves as an advisory board member for the College of the Mainland. He is pictured with PTECH faculty and students.

The Galveston Bay refinery announced a $200,000 scholarship donation to the College of the Mainland in Texas City, Texas, in support of its Process Technology (PTECH) program.

The Marathon Petroleum PTECH Scholarship provides an estimated 110 full-time students with a $1,750 scholarship to apply to tuition and fees. The scholarship is targeted toward, but not limited to, underrepresented student populations including women and minority PTECH students. Priority will be given to applicants who attended the Texas City Independent School District Industrial Trades Center.

'Marathon Petroleum (MPC) is committed to empowering a diverse array of College of the Mainland students to take advantage of the tremendous employment opportunities within our industry and beyond,' said MPC Galveston Bay Refinery Vice President Kevin Bogard. 'Today's announcement, in addition to our support of Texas City ISD, is a great example of that commitment, and we are grateful for the partnership that exists between MPC and the community we call home.'

The College of the Mainland's PTECH program provides innovative and dynamic learning opportunities for students through labs, hands-on classes and industry-grade operating equipment. It is the first of its kind in the U.S. to offer an associate degree.

The scholarship will support PTECH students to stay on track as they pursue their degree, so they can graduate on time, enter the workforce, and contribute to the economic sustainability of the surrounding community. A degree in process technology can be used in a variety of fields including refinery operations, chemical plant operations, food processing, pulp and paper, power generation, pharmaceuticals, offshore work and more.

Disclaimer

Marathon Petroleum Corporation published this content on 10 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2021 15:11:08 UTC.


ę Publicnow 2021
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Financials (USD)
Sales 2022 178 B - -
Net income 2022 13 971 M - -
Net Debt 2022 15 019 M - -
P/E ratio 2022 4,42x
Yield 2022 2,12%
Capitalization 54 435 M 54 435 M -
EV / Sales 2022 0,39x
EV / Sales 2023 0,51x
Nbr of Employees 17 700
Free-Float 99,0%
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Number of Analysts 16
Last Close Price 119,90 $
Average target price 139,88 $
Spread / Average Target 16,7%
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Managers and Directors
Michael J. Hennigan President, Chief Executive Officer & Director
Maryann T. Mannen Chief Financial Officer & Executive Vice President
John P. Surma Independent Chairman
Donald W. Wehrly Chief Information Officer & Vice President
David R. Sauber SVP-HR, Health & Administrative Services
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