MPC News and Press, Marathon Petroleum Corporation From 05/14/22

Climate resolutions are struggling win support at this year's annual shareholder meetings of major oil companies, as investors decide that tight energy supplies and big company profits trump climate concerns. Major oil firms have easily defeated several climate resolutions brought by sharehol...

This week's DOE inventory updated showed a surprise build in oil and oil product inventories (USO). TSA checkpoint data pointed to rising passenger volumes, up 3% week on week but down ~11% from 2019 levels (JETS). Gasoline and diesel prices hit all time highs nationwide in the US this week. ...

Consumers watched as prices at the pump hit all-time highs nationwide this month. As prices rose (USO), the House summoned oil executives to Washington, citing market manipulation and price gouging. The Senate moved on legislation to sue OPEC over anti-trust violations. However, in an intervi...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips No matter where oil prices go from here, these seven energy stocks to buy make for great long-term holdings Antero Resources  ( AR ): A great stock to buy if you’re bullish on natural gas prices staying ...

House Speaker Pelosi said Thursday that Democrats will present a bill on gasoline price gouging next week. The bill will enable the President to issue emergency declarations making it illegal to increase gasoline prices, according to Bloomberg Energy reporter Javier Blas:   Recent effort...

Crude oil (CL1:COM) fell below $100 per barrel Tuesday, down ~3% on the day, and back to levels last seen in April. Since oil (NYSEARCA:USO) last traded below $100, a series of producers flagged sequentially falling Q2 production, including Conoco (COP), Chevron (CVX), BP (BP), Shell (SH...

--News Direct-- Marathon Petroleum Corp. (MPC) has earned its third consecutive ENERGY STAR® Partner of the Year – Sustained Excellence Award , the highest level of recognition in the U.S. Environmental Protection Agency’s (EPA) ENERGY STAR® program. This hon...

The first week of May brought a deluge of US energy earnings reports. While Q1 results generally exceeded Street expectations, near-term production and capital guidance was mixed. However, the sector uniformly stuck to shareholder return and long-term spending plans, driving equities higher.&...

This week's DOE inventory updated showed a surprise build in oil and oil product inventories (NYSEARCA:USO).  TSA checkpoint data pointed to falling passenger volumes, down ~1% week on week and ~12% below 2019 levels (JETS).  Marathon (MPC) reported Q1 results, announcing plans to i...

Shares of Marathon Petroleum Corporation (NYSE:MPC) traded at a new 52-week high today of $96.90. So far today approximately 1 million shares have been exchanged, as compared to an average 30-day volume of 4.9 million shares. Marathon Petroleum Corporation (NYSE:MPC) has potential upside...