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MPC News and Press, Marathon Petroleum Corporation From 05/02/23

Stock Information

Company Name: Marathon Petroleum Corporation
Stock Symbol: MPC
Market: NYSE
Website: marathonpetroleum.com

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MPC - Marathon Petroleum Corporation (MPC) Q1 2023 Earnings Call Transcript

2023-05-02 14:45:24 ET Marathon Petroleum Corporation (MPC) Q1 2023 Earnings Conference Call May 2, 2023 11:00 AM ET Company Participants Kristina Kazarian - VP, Finance and IR Michael Hennigan - President and Chief Executive Officer Maryann Mannen - Executive Vi...

MPC - Phillips 66: The Importance Of The Chemicals Segment

2023-05-02 11:26:27 ET Summary Phillips 66's Chemicals Segment is frequently overlooked due to its bigger Refining & Midstream Segments. Today, I'll discuss why PSX's Chemicals Segment is so important for shareholders. PSX's Chemicals Segment primarily consists of a 50/50 join...

MPC - Marathon Petroleum's Q1 profit more than triples on strong demand, tight supply

2023-05-02 08:58:14 ET Marathon Petroleum ( NYSE: MPC ) -0.3% pre-market Tuesday after beating Q1 GAAP earnings expectations, helped by higher margins on sustained fuel demand and tight crude supplies, and raised its stock buyback program by $5B. Q1 net income more than ...

MPC - MPLX LP Reports First-Quarter 2023 Financial Results

MPLX LP Reports First-Quarter 2023 Financial Results PR Newswire FINDLAY, Ohio , May 2, 2023 /PRNewswire/ -- First -quarter net income attributable to MPLX of $943 million and net cash provided by operating activities of $1,227 million , up 14...

MPC - Marathon Petroleum GAAP EPS of $6.09 beats by $0.29, revenue of $35.08B misses by $90M, announces $5B buyback

2023-05-02 06:42:36 ET Marathon Petroleum press release ( NYSE: MPC ): Q1 GAAP EPS of $6.09 beats by $0.29 . Revenue of $35.08B (-8.6% Y/Y) misses by $90M . Announced additional $5 billion share repurchase authorization Segment adjusted EBITDA was $3.9 bill...

MPC - Marathon Petroleum Corp. Reports First-Quarter 2023 Results

Marathon Petroleum Corp. Reports First-Quarter 2023 Results PR Newswire FINDLAY, Ohio , May 2, 2023 /PRNewswire/ -- First -quarter net income attributable to MPC of $2.7 billion , or $6.09 per diluted share; adj. EBITDA of $5.2 billion ...

MPC - Compounders And Dividends: April 2023 Portfolio Update

2023-05-02 02:55:33 ET Summary My dividend income detracted 5.8% from January 2023 due to no longer owning any REITs. Dividend income grew 23.7% year over year, reflecting consistent and robust purchases over the previous year. I added four new positions this month, all of whi...

MPC - Yield10 Bioscience inks LOI for potential investment, offtake deal with Marathon

2023-05-01 09:39:01 ET Yield10 Bioscience ( NASDAQ: YTEN ) +10.5% in early trading Monday after saying it signed a non-binding letter of intent with Marathon Petroleum ( MPC ) for a potential investment and offtake agreement for low-carbon intensity Camelina feedstock oi...

MPC - Yield10 Bioscience and Marathon Petroleum Corporation Sign LOI for Potential Investment and Offtake Agreement for Camelina Feedstock Oil for Renewable Fuels

WOBURN, Mass., May 01, 2023 (GLOBE NEWSWIRE) -- Yield10 Bioscience, Inc. (Nasdaq:YTEN) (“Yield10” or the “Company”), an agricultural bioscience company, today announced that it has signed a non-binding Letter of Intent (“LOI”) with Marathon Petroleum Corp...

MPC - Morgan Stanley's Wilson screens for stocks as earnings stabilize but data disappoints

2023-05-01 08:33:59 ET A stronger-than expected earnings season is bolstering belief that an EPS recovery can arrive in the second half of the year, but at the same time leading macro data have slowed, according to Morgan Stanley strategist Mike Wilson. Late last week, concerns about ...

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