MPC News and Press, Marathon Petroleum Corporation From 11/13/22

Summary VFVA is an actively managed value ETF holding micro- to mega-cap companies. The heaviest sector is financials, with 24% of asset value. Since inception in 2018, the fund has lagged its benchmark, but ranks well among value ETFs. It has outperformed its close compet...

Summary Phillips 66 held its "Investor Day 2022" gathering yesterday and unveiled a relatively fresh strategy to significantly boost investor returns through 2024. The strategy focuses on actually wringing-out the promised rewards of PSX's previous multi-year strategic plan to div...

Summary MPLX has reported strong quarterly results. The company raised its dividend by 10%, bringing the dividend yield to a very attractive 9%. Shares are not expensive and should provide compelling total returns going forward. Article Thesis MPLX ( MPLX ) and i...

Image source: The Motley Fool. Marathon Petroleum (NYSE: MPC) Q3 2022 Earnings Call Nov 01, 2022 , 11:00 a.m. ET Operator Continue reading For further details see: Marathon Petroleum (MPC) Q3 2022 Earnings Call Transcript

Marathon Petroleum Corporation (MPC) Q3 2022 Earnings Conference Call November 1, 2022 11:00 AM ET Company Participants Kristina Kazarian - Vice President, Investor Relations Michael Hennigan - President and Chief Executive Officer Maryann Mannen - Executive Vice...

Summary Global refinery markets are tight, as high demand is meeting subdued (and further falling) supply. This is creating strong margins for refineries, even as recession-related demand fears start to increase. Valero is in a tremendous spot to maintain high shareholder valu...

Summary Phillips 66 has a higher distillate yield as compared to its refining peers. That, combined with its advantaged feedstock, gives the company a competitive advantage in the strong diesel market. "Advantaged" because PSX is the largest importer of heavily discounted WCS crud...

Marathon Petroleum press release ( NYSE: MPC ): Q3 Non-GAAP EPS of $7.81 beats by $0.78 . Revenue of $47.24B (+44.9% Y/Y) beats by $6.47B . Adjusted EBITDA of $6.8 billion; improving operational and commercial execution as the refining system ran at near full u...

Marathon Petroleum Corp. Reports Third-Quarter 2022 Results PR Newswire FINDLAY, Ohio , Nov. 1, 2022 /PRNewswire/ -- Net income attributable to MPC of $4.5 billion , or $9.06 per diluted share; reported adjusted net income of $3.9 bi...

Marathon Petroleum ( NYSE: MPC ) declares $0.75/share quarterly dividend , 29.3% increase from prior dividend of $0.58. Forward yield 2.64% Payable Dec. 12; for shareholders of record Nov. 16; ex-div Nov. 15. See MPC Dividend Scorecard, Yield Chart, &...