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Marathon Petroleum, MPLX To Sell Refineries, Midstream Assets To CVR Energy For $4.2 Bln
Source: Nasdaq
M&A & RestructuringEnergy Markets & PricesCompany Fundamentals
Marathon Petroleum and MPLX agreed to sell two refineries and related midstream assets in Minnesota and North Dakota to CVR Energy for $4.2 billion, plus the value of inventory. The article excerpt does not provide further transaction terms or expected effects.
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Overall Sentiment
neutral
Sentiment Score
0.10
Ticker Sentiment
CVI0.50
MPC0.20
MPLX0.20
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