Refiner Marathon Petroleum Corp said it would purchase oil and natural gas producer Hess Corp's retail business for about $2.87 billion. The deal includes all of Hess's retail locations and transport operations.
Marathon Petroleum Corporation (Marathon Petroleum) is engaged in refining, transporting and marketing petroleum products in the United States. Shares of MPC fell by 1.06% or $-0.94/share to $87.69. In the past year, the shares have traded as low as $61.32 and as high as $97.70. On average, 3300340 shares of MPC exchange hands on a given day and today's volume is recorded at 2823218.
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