MPC News and Press, Marathon Petroleum Corporation From 03/20/23

2023-03-20 15:47:57 ET Summary Marathon Petroleum's return ratios and margin ratios increased significantly in 2022 as gasoline and distillate crack spreads were hiked. Gasoline and distillate crack spreads in 2023 are not expected to be as high as in 2022; however, they are expec...

2023-03-20 09:48:03 ET Summary MPC and other refiners are at peak earnings due to high crack spreads. However, much of MPC's value can be found in its midstream segment through its ownership of MPLX. The stock has some upside from here, but not enough. Marathon Petro...

2023-03-20 04:38:56 ET Summary LNG demand from Europe continues to drive revenue. Net-Zero strategy and global demand continue to drive LNG demand. Fundamentals remain cheap for now. Investment Thesis: Marathon Petroleum (NYSE: MPC) is set to benefit from Europe's Ne...

2023-03-20 03:53:46 ET Summary Marathon Petroleum is well positioned in an industry that has a very favorable operating environment right now, and it should continue to outperform. MPC is in a very strong financial position, and management is likely to be able to continue to aggre...

2023-03-18 09:30:00 ET Summary This article will focus on DGI stocks that are likely to provide a high rate of dividend growth rather than a high current yield. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names out of an initial li...

2023-03-18 04:08:11 ET Summary Recent gloomy economic conditions are an opportunity to hunt bargains and position your portfolio for market beating future returns. Based on valuation, profitability, and durable demand, the US refining sector is a good place to look for value and s...

2023-03-16 12:02:18 ET Summary Oil prices crashed this week on macro worries. The longer-term outlook for oil prices and thus the Energy Select Sector SPDR ETF is far from bad. Many oil equities are attractively priced right now. Article Thesis Due to recession f...

2023-03-13 10:11:38 ET Shares of oil and gas producers fall sharply in early trading on Monday after oil prices plunged as much as 5% on concerns that the failures of Silicon Valley Bank and Signature Bank could lead to an economic slowdown which saps demand for crude oil. Crude...

2023-03-10 11:05:44 ET Marathon Petroleum ( NYSE: MPC ) is upgraded to Buy from Neutral with a $160 price target, raised from $133, at Mizuho as part of the firm's improved outlook on refining ( CRAK ) given low product inventories and recovering demand. In addition to ...

2023-03-10 04:29:13 ET Summary Valero Energy reported fourth-quarter 2022 adjusted earnings of $8.45 per share, significantly increasing from $2.41 per share in the year-ago quarter. The quarterly dividend has been raised to $1.02 per share. I recommend buying VLO stock betwee...