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MPC News and Press, Marathon Petroleum Corporation From 08/17/23

Stock Information

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

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MPC - U.S. crude oil claws back above $80/bbl; energy the day's only positive sector

2023-08-17 17:45:02 ET More on crude oil and energy stocks: Energy In, Tech Out XOP And XLE: It's Time To Sell Some Energy Stocks And Reduce Risk Saudi Voluntary Cut Should Last Into Year-End For further details see: U.S. crude oil claws back above $80/bb...

MPC - Quant Rating Spies More Top Stocks As Market Breadth Widens With Steven Cress

2023-08-17 07:30:00 ET Summary Head of Quant Steven Cress on how stock market landscape has shifted from 1st half surge, with rotation away from mega tech stocks. Energy stocks have seen a resurgence, along with infrastructure stocks. Quant Ratings' top picks for the second ha...

MPC - A New Space for Creating Community Opens in Dickinson

NORTHAMPTON, MA / ACCESSWIRE / August 16, 2023 / Marathon Petroleum Corporation A repurposed area of downtown Dickinson, North Dakota, is providing the community with a central gathering space for outdoor movies, concerts, recreation and educational programs. Legacy Square opened recently ...

MPC - Mizuho ups Chevron and two others on positive view of E&Ps, cuts two refiners

2023-08-16 12:42:33 ET More on Marathon Petroleum: Marathon Petroleum: Investing In The Fossil Fuel 'Supernova' Marathon Petroleum Q2 Earnings: Why This Stock Is An Attractive Investment Marathon Petroleum: Potential Positive Returns With Tight Markets For fu...

MPC - S&P 500 2023 Q2 Earnings Review: Revenues Miss Analyst Expectations

2023-08-16 01:39:00 ET Summary Q2 was a resilient quarter on the earnings front (again) which saw both a beat rate and an earnings surprise rate reaching a multi-quarter high. The ‘Magnificent-7’ saw Q2 earnings of $67.1 billion (+38.5% y/y, +11.4 q/q). All thing...

MPC - Oil slips to two-week low as China weakness outweighs tight supplies

2023-08-15 18:45:04 ET XOP And XLE: It's Time To Sell Some Energy Stocks And Reduce Risk Positive Momentum Is Accelerating For Oil XLE: The Rally Is Just Getting Started - Don't Exit Now For further details see: Oil slips to two-week low as China weakness out...

MPC - BofA moves to sideline on refining sector, downgrading Valero and four others

2023-08-15 12:35:45 ET Refiners including Valero Energy ( NYSE: VLO ) and Marathon Petroleum ( NYSE: MPC ) trade lower on Tuesday, -4.1% and -4.2% respectively, as Bank of America said it is taking a "strategic pause" on the sector after the group's strong performanc...

MPC - I Got 99 Problems But A High Yield Ain't One (151 Trade Ideas)

2023-08-15 11:40:24 ET Summary Generating high yields while taking on less market risk is possible. Our Advanced cash covered put selling strategy can generate high double-digit yields with being very conservative with risk. I believe that selling put options capitalizes on ma...

MPC - U.S. energy stocks are back on top as crude oil scores 7th straight weekly rise

2023-08-11 19:10:50 ET WTI and Brent crude oil futures each tallied their seventh consecutive weekly gain in their longest winning streaks since February 2022, on continuing strength from reduced supply from Saudi Arabia while global demand levels remain fairly high despite weakness in Chin...

MPC - FENY: Fidelity's Energy ETF Is Good For A Trade

2023-08-11 13:14:16 ET Summary The Fidelity MSCI Energy ETF (FENY) provides cost-efficient exposure to major oil, gas, and refining companies. The global macro-economic environment is uncertain, posing demand risks, but supply-side factors such as Saudi Arabia's production cuts su...

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