Shareholder Services and FAQs

Services

Computershare  
Shareholder Online Account Service  
Independent Registered Public Accounting Firm  
Dividend Payments 
Stock Split Q & A  
Receipt of IRS Form 1099-DIV 
Dividend Checks Not Received/Electronic Deposit
Dividend Reinvestment and Direct Stock Purchase Plan
Shareholder Publications 
Address Change 
Taxpayer Identification Number 
Cost Basis Information 
Cost Basis Calculator 
Marathon Petroleum Corporation Spin-Off 

Computershare
Marathon Petroleum Corporation's common stock is traded on the New York Stock Exchange under the common stock symbol MPC. Computershare is the transfer agent and registrar for Marathon Petroleum Corporation registered shareholders. 

Computershare
P.O. Box 505000
Louisville, KY 40233-5000

By overnight delivery: 
462 South 4th Street, Suite 1600
Louisville, KY 40202

Internet Inquiries:
Investor Center website at www-us.computershare.com/investor
Email: web.queries@computershare.com

Telephone Inquiries: 
Toll Free: 866-820-7494 (U.S., Canada and Puerto Rico)
Toll: 781-575-2176 (other, non-U.S. jurisdictions)

 

Shareholder Online Account Access
For your convenience, you may access your stock account online at Computershare's Investor Center . Access will require a User ID number and Password. New members may set up their account access using the Create Login tab at the middle-left of the Computershare's Investor Center login page. Should you need additional assistance, please contact Computershare toll-free at +1 866-820-7494.

Independent Registered Public Accounting Firm
PricewaterhouseCoopers LLP
406 Washington Street, Suite 200
Toledo, OH  43604

Dividend Payments
Dividends on common stock, as declared by the board of directors, are expected to be paid on or about the 10th day of March, June, September and December.

Stock Split Q&A
On April 29, 2015, the Marathon Petroleum Corporation board of directors approved a two-for-one stock split of the company’s common stock to be affected as one-for-one stock dividend.  The question and answers linked here are intended to provide general information about the stock split.

Receipt of IRS Form 1099-DIV
Form 1099-DIV will be mailed to shareholders by Computershare no later than January 31, if you were paid at least $10.00 in dividends.

Dividend Checks Not Received/Electronic Deposit
If you do not receive your dividend check on the appropriate payment date, we suggest that you wait at least 10 days after the payment date to allow for any delay in mail delivery. After that time, advise Computershare to issue a replacement check. You may contact Computershare to authorize electronic deposit of your dividends or interest into your bank account.

Dividend Reinvestment and Direct Stock Purchase Plan
The Dividend Reinvestment and Direct Stock Purchase Plan (the "Plan") provides shareholders with a convenient way to purchase additional shares of Marathon Petroleum Corporation common stock through the investment of cash dividends or through optional cash payments. The Plan is administered by Computershare Trust Company, N.A; Computershare Inc. acts as service agent to Computer Trust Company, N.A. under the Plan. 

Marathon Petroleum Corporation stockholders of record may request a copy of the Plan Prospectus and Authorization Form by contacting the Company's stock transfer agent, Computershare at 1-866-820-7494 or web.queries@computershare.com. Beneficial holders of Marathon Petroleum Corporation stock should contact their brokers.

Plan requirements:

  • Initial investment of at least $500
  • $10 one-time enrollment fee

You can also enroll and make your payments online at http://www.computershare.com/investor.

Note: This communication is not an offer to sell or a solicitation of an offer to buy any security. An offer to sell Marathon Petroleum Corporation common stock can only be made through the prospectus for the Dividend Reinvestment and Direct Stock Purchase Plan. Please read the prospectus before making a decision to enroll in the Plan. You can view the prospectus by clicking above or by requesting a copy by contacting Computershare at the address specified above.

Shareholder Publications
Comprehensive and consolidated financial statements (SEC Forms 10-K, 10-Q, and 8K) are available online at the SEC's Edgar DatabaseTM.

Address Change
It is important that you notify Computershare immediately when you change your address. As a convenience, you also may make your address change online via Computershare's Investor Center.

Taxpayer Identification Number
Federal law requires that each stockholder provide a certified Taxpayer Identification Number (TIN) for his/her stockholder account. For individual stockholders, your TIN is your Social Security Number. If you do not provide a certified TIN, Computershare may be required to withhold 24 percent for federal income taxes from your dividends.

Cost Basis Information
Marathon Petroleum Corporation merger with Andeavor – October 1, 2018
On October 1, 2018, Marathon Petroleum Corporation acquired all of the outstanding shares of Andeavor common stock. Pursuant to the Agreement and Plan of Merger, Andeavor stockholders could make an election for each outstanding share of Andeavor common stock to be cancelled in exchange for either $152.27 of cash or 1.87 shares of MPC common stock.

Form 8937 – Notes

Form 8937 – Merger

For reference, stockholders of record of Andeavor who validly elected to receive the stock consideration of 1.87 shares of MPC common stock per share of Andeavor common stock, and stockholders of record of Andeavor who failed to make a valid election prior to the 5:00 p.m. Eastern Daylight Time deadline on September 27, 2018, each received per share of Andeavor common stock, subject to rounding, 1.62685156 shares of MPC common stock and $19.799044, with cash in lieu of any fractional share of MPC common stock at the rate of $84.36 per share.

Andeavor (formerly Tesoro Corporation) acquisition of Western Refining, Inc. – June 1, 2017

Form 8937 - Western Refining, Inc.

Marathon Petroleum Corporation spin-off from Marathon Oil Corporation - June 30, 2011
On June 30, 2011, Marathon Petroleum Corporation became an independent company following a spin-off from Marathon Oil Corporation. The holders of Marathon Oil Corporation common stock received one share of Marathon Petroleum Corporation common stock for every two shares of Marathon Oil Corporation common stock held on June 27, 2011.

Cost basis information related to the spin-off.

Cost Basis Calculator
Calculating the cost basis of your Marathon Petroleum Corporation (MPC) common stock to report capital gains taxes to the IRS can be a difficult process. To assist our shareholders in calculating their cost basis, MPC is providing a hyperlink from our website to NetBasis Cost Basis system.

For a fee, NetBasis will automatically calculate the cost basis for your Marathon Petroleum Corporation stock, by adjusting for any corporate actions or dividend reinvestments, if applicable. To use NetBasis, you will need your purchase/acquisition/sales dates and the number of shares or dollar amount acquired and/or sold on those dates.

If you have any questions about using NetBasis, you can call their 24/7 Customer Care Call Center, 1-885-55-BASIS (1-888-552-2747) or use the Live WebChat service located on the HELP button once you have logged on to the system.

Upon selecting the NetBasis icon above, you will be leaving Marathon Petroleum Corporation's website and will be redirected to the NetBasis system. Marathon Petroleum Corporation receives no compensation from NetBasis or Networth Services, Inc., the owners of NetBasis. Marathon Petroleum Corporation shall have no liability for any information received from the NetBasis system.

Marathon Petroleum Corporation Spin-Off
Effective June 30, 2011, Marathon Petroleum Corporation was spun-off from Marathon Oil Corporation into a separate independent publicly traded corporation to holders of record of Marathon Oil Corporation common stock on June 27, 2011. Additional general information about the spin-off and related transactions may be found in the Information Statement distributed to Marathon Oil shareholders in advance of the spin-off. See pages 1 through 5 of the Information Statement for Questions and Answers about the spin-off.

Frequently Asked Questions

Where are Marathon Petroleum Corporation (MPC) shares traded?  
What is Marathon Petroleum Corporation’s stock symbol?  
Does Marathon Petroleum Corporation pay a cash dividend? 
When are dividends paid? Who is Marathon Petroleum Corporation's stock transfer agent? 
Does Marathon Petroleum Corporation offer a direct stock purchase or dividend-reinvestment plan?
How does the stock split work?
When is Marathon Petroleum Corporation's next earnings release date?

 

Where are Marathon Petroleum Corporation (MPC) shares traded? 
Marathon Petroleum Corporation is traded on the New York Stock Exchange.

What is Marathon Petroleum Corporation’s stock symbol? 
Marathon Petroleum Corporation's common stock symbol is MPC.

Does Marathon Petroleum Corporation pay a cash dividend? 
Yes, MPC expects to pay a quarterly dividend.

When are dividends paid? 
Dividends on common stock, as declared by the board of directors, are expected to be paid on or about the 10th day of March, June, September and December.

Who is Marathon Petroleum Corporation's stock transfer agent? 

Computershare
P.O. Box 505000
Louisville, KY 40233-5000

By overnight delivery: 
462 South 4th Street, Suite 1600
Louisville, KY 40202

Internet Inquires: 
Investor Center website at www-us.computershare.com/investor

Telephone Inquiries: 
Toll Free: 866-820-7494 (U.S., Canada and Puerto Rico)
Toll: 781-575-2176 (other, non-U.S. jurisdictions)
Email: web.queries@computershare.com 

Does Marathon Petroleum Corporation offer a direct stock purchase or dividend-reinvestment plan? 
The Dividend Reinvestment and Direct Stock Purchase Plan (the "Plan") provides shareholders with a convenient way to purchase additional shares of Marathon Petroleum Corporation common stock through the investment of cash dividends or through optional cash payments. The administrator for the Plan is Computershare Trust Company, N.A.; Computershare Inc. acts as service agent to Computer Trust Company, N.A. under the Plan.

For further information about the Plan and to obtain an Authorization Form, please visit the Dividend Reinvestment and Direct Stock Purchase Plan page. Stockholders of record may also request a copy of the Plan Prospectus and Authorization Form by contacting the Company's stock transfer agent, Computershare at 1-866-820-7494 or web.queries@computershare.com. Beneficial holders should contact their brokers.

How does the stock split work?
On April 29, 2015, the Marathon Petroleum Corporation (MPC) board of directors approved a two-for-one stock split of the company’s common stock to be affected as one-for-one stock dividend. The question and answers linked here are intended to provide general information about the stock split.

When is Marathon Petroleum Corporation's next earnings release date? 
Marathon Petroleum Corporation generally releases earnings reports at the end of the month following the close of the quarter. For the next scheduled earnings release date, see our Investor Relations page.