MPC News and Press, Marathon Petroleum Corporation From 06/11/21

FN Media Group Presents Oilprice.com Market Commentary London – June 11, 2021 – The African nation of Namibia has never produced a barrel of oil in its history. Now, for the second time in less than two months, it’s received positive signs that it could ...

halbergman/E+ via Getty Images The Biden administration is weighing options to provide relief to U.S. oil refiners from biofuel blending mandates, Reuters reports. RIN prices have surged to their highest in the program's 13-year history, and refiners have said the law - which requires them to...

Marathon Petroleum Corporation (NYSE:MPC) traded at a new 52-week high today of $64.03. So far today approximately 1.9 million shares have been exchanged, as compared to an average 30-day volume of 8.4 million shares. Marathon Petroleum Corporation share prices have moved between a 52-we...

Photo by Orientfootage/iStock via Getty Images Seasonality patterns going back to 1928 indicated that those who sell in May and go away miss out on a summer rally for the S&P 500 (SP500) (SPY) that is front-loaded in June and July, BofA says. "The average monthly SPX return for all m...

A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Champion And Contender Highlights: We...

Shares of Marathon Petroleum Corporation (NYSE:MPC) traded at a new 52-week high today of $63.88. This new high was reached on below average trading volume as 2 million shares traded hands, while the average 30-day volume is approximately 8.4 million shares. Marathon Petroleum is an inde...

October-December Kiplinger Today published four articles: 11 Best Monthly Dividend[s]; 21 Best Stocks; 11 Dividend Growth Stocks; 25 Dividend Stocks Analysts Love. Stocks therein I called "Kiplinger Top-Stocks For 2021." Then, in March, Barron's Weekly published "Retire on Dividends" ...

Oil supermajors have been under attack on many fronts in recent weeks, both in the boardroom and in the court system. ESG is the topic du jour, with significant pressure to bow to ESG investor demands. However, does doing so actually improve stock returns? After all, that's the ca...

Delek US ([[DK]] -1.1%) is upgraded to Overweight from Neutral with a $30 price target at Piper Sander, which calls the company its favorite small- to mid-cap refining play, but shares trade lower in a generally down day for oil and gas names.Delek shares are "increasingly compelling vs....

Marathon Petroleum reported $22.88 billion in the first quarter of 2021, down 5% from the same quarter a year ago. On May 14, 2021, Marathon Petroleum completed the sale of its Speedway business for $21 billion. I recommend accumulating MPC below $57. For further details see...