Marathon petroleum corp - expect to defer or delay certain capital expenditures that we had expected to make in 2020

Expect to defer or delay certain capital expenditures that we had expected to make in 2020..have taken actions to reduce operating expenses across business..pre-tax non-cash goodwill impairment expenses expected to be recorded for q1 of 2020 of between $7.3 billion to $7.8 billion.drawn a total of $3.5 billion under five-year revolving credit facility.in process of negotiating a new $1 billion 364-day revolving credit facility, which would expire in 2021.sees q1 net loss attributable to mpc of $1,260 million to $1,380 million.borrowed $1.5 billion of available loan capacity under five-year revolving credit facility.sees q1 revenues and other income $24.1 billion to $26.7 billion.evaluating various other liquidity options and actions.q1 revenue view $24.80 billion -- refinitiv ibes data.expect to defer certain direct and indirect tax payments for q1.performing impairment assessments for certain of co's long-lived asset groups.presently estimating will record $1.2 billion-$1.4 billion of impairment expense through “revenues and other income”.marathon petroleum - prelim q1 total costs & expenses excludes certain valuation adjustment estimated to be between $3.1 billion & $3.3 billion.q1 revenue view $24.80 billion -- refinitiv ibes data.
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