Summary
Marathon Petroleum Corporation (MPC) filed an 8-K on February 28, 2017, to announce a change in how it disseminates Market Data. Instead of traditional reporting methods, MPC will now provide monthly updates to its Market Data on its Investor Relations website. These updates are intended to be available by the close of business on the second business day following the end of each month, with the possibility of one to two additional updates within the month. This revised approach aims to provide investors with more timely and accessible information regarding the company's market performance. This change, while not directly reporting new financial results, is important for investors who rely on market data for analysis. The company is also offering an email alert system for interested parties to be notified of these updates, facilitating easier access to the information. Investors should note that this information is being furnished under Regulation FD and is not considered 'filed' for legal liability purposes under Section 18 of the Exchange Act.
Key Highlights
- 1MPC is changing the format and frequency of its Market Data disclosures.
- 2Market Data will be updated on the Investor Relations website.
- 3Updates are expected by the close of business on the second business day following the end of each month.
- 4Additional intra-month updates may be provided (one to two).
- 5Investors can register for email alerts to be notified of Market Data updates.
- 6This change is being made under Regulation FD and is not considered 'filed' for legal purposes.