MPC News and Press, Marathon Petroleum Corporation From 10/20/21

Seeking Alpha authors continue to be optimistic about XOM based on big reserves and potential bonanza from carbon capture. Reality is an upcoming COP-26 climate summit that is focusing on net zero by 2050 and 50% reduction in emissions by 2030. These goals are not compatible with XOM&...

All eyes have been glued to oil prices lately, with the commodity racing toward multi-year highs and taking many energy and oil names with it, notes Lillian Currents, an analyst with Bernie Schaeffer's financial newsletter organization, Schaeffer Investment Research. For further details see...

The embracement of price insensitive and valuation insensitive investing has exacerbated and amplified a brewing supply-side commodity crisis led by an energy crisis. Capital starvation is the root cause of the surge in energy prices, yet few are studying the supply cycle right now. ...

Is oil going to $100? Does it matter? I look back at the past 12 months for oil and where we're heading now. I then offer 5 no brainer high quality Energy dividend stocks. For further details see: Buy Alert: 5 No-Brainer Energy Dividend Stocks To Profit From Rising Oil P...

Marathon Petroleum reported a better-than-expected adjusted income of $437 million, or $0.67 per share, for the second quarter. The company repurchased shares worth $981 million during the second quarter as part of its announcement to buy back $10 billion in common stock. I recomm...

The energy sector (XLE +3.1%) topped today's S&P 500 standings, as crude oil jumped by more than 2% after U.S. government data showed domestic inventories fell for a seventh straight week, even as gasoline supply unexpectedly increased. November WTI crude (CL1:COM) closed +2.5% to settle ...

Biofuel stocks slide after Reuters reports the Environmental Protection Agency is proposing big cuts to U.S. biofuel blending requirements for 2020, 2021 and 2022. According to the report, the EPA would lower the 2020 mandate to 17.1B gallons and the 2021 mandate to 18.6B gallons, which would...

MPLX LP to Report Third-Quarter Financial Results November 2, 2021 PR Newswire FINDLAY, Ohio , Sept. 22, 2021 /PRNewswire/ -- MPLX LP (NYSE: MPLX), a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conferen...

Marathon Petroleum Corp. to Report Third-Quarter Financial Results November 2, 2021 PR Newswire FINDLAY, Ohio , Sept. 22, 2021 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call on Tuesday, November 2, 2021 , at 11 a.m. EDT t...

3Q21 financial performance will likely mimic 2Q21 despite headwinds including higher natural gas prices. Limited exposure to the ultra-competitive Atlantic Basin market. Improving renewable fuels posture along with associated RINs. For further details see: Marathon Petro...