Marathon Petroleum Corp. Announces Business Update

FINDLAY, Ohio, April 22, 2020 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) today provided an update on its business operations as well as certain preliminary first quarter 2020 financial information in a Current Report on Form 8-K filed with the Securities and Exchange Commission. This report is accessible on the SEC's website at http://www.sec.gov, MPC's website at https://www.marathonpetroleum.com/Investors/ or by contacting MPC's Investor Relations office.

About Marathon Petroleum Corporation

Marathon Petroleum Corporation (MPC) is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system with more than 3 million barrels per day of crude oil capacity across 16 refineries. MPC's marketing system includes branded locations across the United States, including Marathon brand retail outlets. Speedway LLC, an MPC subsidiary, owns and operates retail convenience stores across the United States. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company which owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure. More information is available at www.marathonpetroleum.com.

Investor Relations Contacts: (419) 421-2071 Kristina Kazarian, Vice President, Investor Relations Taryn Erie, Manager, Investor Relations Brian Worthington, Manager, Investor Relations

Media Contacts: Hamish Banks, Vice President, Communications (419) 421-2521 Jamal Kheiry, Manager, Communications (419) 421-3312

Forward-Looking Statements

This press release includes forward-looking statements that are subject to risks, contingencies or uncertainties. You can identify forward-looking statements by words such as "anticipate," "believe," "commitment," "could," "design," "estimate," "expect," "forecast," "goal," "guidance," "imply," "intend," "may," "objective," "opportunity," "outlook," "plan," "policy," "position," "potential," "predict," "priority," "project," "proposition," "prospective," "pursue," "seek," "should," "strategy," "target," "will," "would" or other similar expressions that convey the uncertainty of future events or outcomes. Our forward-looking statements are not guarantees of future performance, and you should not rely unduly on them, as they involve risks, uncertainties and assumptions that we cannot predict. Material differences between actual results and any future performance suggested in our forward-looking statements could result from a variety of factors, such as the severity and duration of the COVID-19 pandemic and its impact on global economic conditions. Many of such factors are beyond our control. These factors also include such risks and uncertainties detailed in MPC's periodic public filings with the SEC, including but not limited to those discussed under "Risk Factors" in MPC's annual report on Form 10-K for the year ended December 31, 2019, its quarterly Form 10-Q filings and other filings made with the SEC from time to time. MPC undertakes no obligation to update any forward-looking statement except to the extent required by applicable law. Copies of MPC's Form 10-K, Forms 10-Q and other SEC filings are available on the SEC's website, MPC's website at https://www.marathonpetroleum.com/Investors/ or by contacting MPC's Investor Relations office.

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SOURCE Marathon Petroleum Corporation