MPC News and Press, Marathon Petroleum Corporation From 03/01/23

Energy ( NYSEARCA: XLE ) led the S&P's 11 sector groups Wednesday, recouping the previous session's entire loss, as crude oil prices closed higher in a volatile session with traders sorting out the latest report on U.S. oil supplies and economic data from China. The Energy Informa...

Summary Delek US Holdings, Inc. reported fairly solid Q4 2022 results, although the market does not appear to agree. The company's refining operation benefited from wide crack spreads, which are likely to continue to benefit it over the near term. The company's midstream partnership...

Summary PBF Energy's sale of a 50% interest in its St. Bernard Renewables biorefinery to Eni for $835-885 million in cash materially derisks both the project and the stock. Backing out the $1.7 billion value for biorefinery and $1 billion for recently acquired PBFX leaves PBF's 1.02 MMb...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips While it’s generally good to be optimistic, in the market, it also pays to be realistic, thus incentivizing consideration for cash-rich stocks to buy. Here, we’re not necessarily talking about the most exciting ve...

VANCOUVER, British Columbia, Feb. 24, 2023 (GLOBE NEWSWIRE) -- Madison Pacific Properties Inc. (TSX: MPC and MPC.C) (the Company), reports the voting results of the Annual General Meeting of its shareholders held February 23, 2023 in Vancouver, British Columbia. The following seven nominees...

Summary Not all portfolios need big-name S&P 500 stocks or passive index products for upside. Seeking Alpha’s quant strategy frequently delivers stock recommendations with much stronger investment fundamentals. Outperforming the top 5 market cap stocks in the S&P 500, SA&...

Summary As we exit the peak period of earnings season, we review the S&P 500 2022 Q4 earnings season in more detail, providing both aggregate and company level insights. Using data from the February 17th S&P 500 Earnings Scorecard, 81% of constituents have reported results (88% ...

Summary Marathon Petroleum Corporation reported strong operating performance for Q4 and the full year of 2022. Marathon Petroleum Corporation has a strong projects pipeline focused on growth, with a balance of traditional and low-carbon projects. Although the dividend yield has fall...

Summary Over the past decade MPLX has returned $23.22 through its distributions and investors would have received 67.28% of their initial investment back through distributions prior to compounding. MPLX continues to grow its revenue, adjusted EBITDA, and DCF, which has allowed them to p...

Summary Marathon Petroleum reported a total income of $40.093 billion in the fourth quarter of 2022, up 12.6% from the same quarter a year ago and down 2.1% sequentially. Marathon Petroleum declared a global R&M margin of $28.82 per Bbl based on throughput per region. Margins are st...