Additional Repurchase Authorizations, SEC Filings, Expansion Projects, Special Dividends, and Earnings Schedules - Research

Additional Repurchase Authorizations, SEC Filings, Expansion Projects, Special
  Dividends, and Earnings Schedules - Research Report on MPC, Valero, KiOR,
                            Delek, and PBF Energy

PR Newswire

NEW YORK, October 1, 2013

NEW YORK, October 1, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting Marathon
Petroleum Corporation (NYSE: MPC), Valero Energy Corporation (NYSE: VLO),
KiOR, Inc. (NADAQ: KIOR), Delek US Holdings, Inc. (NYSE: DK), and PBF Energy
Inc. (NYSE: PBF). Today's readers may access these reports free of charge -
including full price targets, industry analysis and analyst ratings - via the
links below.

Marathon Petroleum Corporation Research Report

On September 26, 2013, Marathon Petroleum Corporation (MPC) announced that its
Board of Directors has approved an additional $2 billion share repurchase
authorization through September 2015. The Company noted that this
authorization is in addition to the previous authorization, which had c.$1.3
billion remaining as of June 30, 2013. Also, MPC stated that it may utilize
various methods to effect the repurchases, which could include open market
repurchases, negotiated block transactions, accelerated share repurchases or
open market solicitations for shares. Gary R. Heminger, President and CEO of
MPC said, "Our focus continues to be returning capital to our shareholders on
a sustained basis while making value-enhancing investments in the business."
The Full Research Report on Marathon Petroleum Corporation - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.analystscorner.com/r/full_research_report/cd30_MPC]

--

Valero Energy Corporation Research Report

On September 19, 2013, Valero Energy Corporation (Valero) announced that its
subsidiary Valero Energy Partners LP has filed a registration statement on
Form S-1 with the US Securities and Exchange Commission (SEC) regarding its
proposed initial public offering of common units representing limited partner
interests. The Company expects the offering to occur in H1 2014, with the
common units expected to trade under the ticker symbol VLP on the NYSE. Valero
Energy Partners LP expects to receive gross proceeds in the amount of
approximately $300 million from the offering. The Full Research Report on
Valero Energy Corporation - including full detailed breakdown, analyst ratings
and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/3155_VLO]

--

KiOR, Inc. Research Report

On September 26, 2013, KiOR, Inc. (KiOR) announced that it is pursuing its
intentions of doubling production capacity at its Columbus, Mississippi
cellulosic fuels facility by constructing a second facility, the Columbus II,
incorporating the Company's commercially proven technology. The Company
estimates that Columbus II will cost approximately $225 million, will break
ground within 90 days of KiOR raising sufficient equity and debt capital to
commence the project, and will take approximately 18 months to construct and
start up. Further, KiOR expects that the Columbus II project will enable the
Company to make progress towards its long-term goal of 92 gallons per bone dry
ton of biomass at a faster pace. In addition, the Company announced that it
has received commitments from Khosla Ventures and Vinod Khosla for an
aggregate commitment of up to $50 million as the cornerstone investor for
Columbus II and to meet the Company's ongoing liquidity needs. The Full
Research Report on KiOR, Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/7e62_KIOR]

--

Delek US Holdings, Inc. Research Report

On September 23, 2013, Delek US Holdings, Inc. (Delek) announced that its
Board of Directors has declared a special cash dividend of $0.10 per share.
Delek informed that the dividend is payable on October 29, 2013, to
shareholders of record at the close of business on October 8, 2013. The Full
Research Report on Delek US Holdings, Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.analystscorner.com/r/full_research_report/ad55_DK]

--

PBF Energy Inc. Research Report

On September 6, 2013, PBF Energy Inc. (PBF Energy) announced that it will
release its Q3 2013 earnings results on October 31, 2013. On the same day, the
Company will host a conference call and webcast at 8:30 a.m. ET, to discuss
the results and other business matters. The Full Research Report on PBF Energy
Inc. - including full detailed breakdown, analyst ratings and price targets -
is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/6fc7_PBF]

----

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