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MPC News and Press, Marathon Petroleum Corporation From 08/01/23

Stock Information

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

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MPC - Marathon Petroleum Q2 earnings sink on lower refining margins but top estimates

2023-08-01 07:58:34 ET Marathon Petroleum ( NYSE: MPC ) +0.6% pre-market Tuesday after reporting Q2 profit that fell 62% from a year ago but easily beat analyst expectations. Q2 net income fell to $2.23B, or $5.32/share, from $5.87B, or $10.95/share, in the year-earlier ...

MPC - Marathon Petroleum GAAP EPS of $5.32 beats by $0.74, revenue of $36.82B beats by $2.94B

2023-08-01 06:43:15 ET Marathon Petroleum press release ( NYSE: MPC ): Q2 GAAP EPS of $5.32 beats by $0.74 . Revenue of $36.82B (-32.1% Y/Y) beats by $2.94B . Adj. EBITDA of $4.5 billion Net cash provided by operating activities of $4.0 billion, reflecting ...

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

Marathon Petroleum Corp. Reports Second-Quarter 2023 Results PR Newswire FINDLAY, Ohio , Aug. 1, 2023 /PRNewswire/ -- Second-quarter net income attributable to MPC of $2.2 billion , or $5.32 per diluted share; adj. EBITDA of $4.5 billion ...

MPC - Marathon Petroleum Q2 2023 Earnings Preview

2023-07-31 14:56:03 ET Marathon Petroleum ( NYSE: MPC ) is scheduled to announce Q2 earnings results on Tuesday, August 1st, before market open. The consensus EPS estimate is $4.59 and the consensus revenue estimate is $33.88B. Over the last 2 years, MPC has beaten E...

MPC - Play offense and defense with these barbell stock strategies - BMO

2023-07-30 15:43:05 ET More on stock strategies Portfolio Offense And Defense; Trade Based On What You See With Rob Isbitts And Matthew Tuttle See a correction? Insurance against S&P losses is now the cheapest ever Tech Crowding And Sector Rotation Clash ...

MPC - Earnings week ahead: Amazon, Apple, Pfizer, Starbucks, Uber and more

2023-07-28 14:33:13 ET As July gives way to August, the upcoming week is jam-packed with earnings reports from some of the biggest companies in the world. The highlighted companies include Apple ( NASDAQ: AAPL ), Amazon ( NASDAQ: AMZN ), Advanced Micro Devices...

MPC - Strong Markets Signal Likely Strong Results For MPLX

2023-07-25 14:55:11 ET Summary MPLX, a major transportation company, is predicted to have a strong financial quarter. An increase in the payout per unit is likely still in the works. In March 2023, the company's rating was upgraded from Neutral to Overweight with a price targe...

MPC - Oil Refining Stocks: 3 Companies Trumping Vertex Energy

2023-07-25 08:45:00 ET Summary Vertex Energy has been praised for its recent shift into renewable diesel, but this analysis suggests the company's shares are not as attractive as they seem due to declining refinery margins. The analysis suggests that there are at least three other...

MPC - Phillips 66: Q2 Results To Show, Once Again, Weak Chemicals Margin

2023-07-24 16:00:09 ET Summary Phillips 66's upcoming Q2 results (due out Aug. 2) are likely to show continued weakness in its Chemicals Segment. The company's long-term strategy to diversify away from its Refining Segment by investing in its Midstream & Chemicals Segments has...

MPC - Dental Programs Creating New Smiles and New Outlooks

NORTHAMPTON, MA / ACCESSWIRE / July 21, 2023 / Marathon Petroleum Corporation: Dental schools in two states are reaching underserved populations with dental care they otherwise might not get as a result of grants from Marathon Petroleum Corporation. Funding in El Paso, Texas, and Salt L...

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