YahooAugust 20, 2026 at 7:43 PM NY14 days ago

Are Phillips 66 (PSX) and Marathon Petroleum Corporation (MPC) Still Attractive After the $180 Billion Deal Collapse?

Reports surfaced on August 14that refining giants Phillips 66 (NYSE:PSX) and Marathon Petroleum Corporation (NYSE:MPC) held preliminary talks earlier this year regarding a potential $180 billion mega-merger. The deal ultimately collapsed, largely due to regulatory hurdles; combining the two entities would have concentrated roughly 25% of U.S. refining capacity under one roof, triggering intense antitrust […]

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MPCMarathon Petroleum Corp388.86+ 0.30%

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