MPC News and Press, Marathon Petroleum Corporation From 08/02/22

Marathon Petroleum Corp. Reports Second-Quarter 2022 Results PR Newswire FINDLAY, Ohio , Aug. 2, 2022 /PRNewswire/ -- Net income attributable to MPC of $5.9 billion , or $10.95 per diluted share; reported adjusted net income of $5.7 ...

High energy prices bumped up margins for both renewables and oil products. Renewables production capacity will be getting another major boost. The stock is, if not cheap, a lot cheaper than it used to be. Finnish renewable products company Neste Oyj ( NTOIF , NTOIY...

Marathon Petroleum ( NYSE: MPC ) is scheduled to announce Q2 earnings results on Tuesday, August 2nd, before market open. The consensus EPS Estimate is $8.47 and the consensus Revenue Estimate is $44.26B (+48.4% Y/Y). Over the last 2 years, MPC has beaten EPS estimat...

--News Direct-- The Kenai River is an important fishing resource for the people and wildlife in the area. A world-class river in Alaska that runs fast toward the Cook Inlet, it also faces consistent erosion of its banks, which impacts wildlife habitats. To help address this issue, the ...

--News Direct-- The past couple of years have presented many challenges, which is why giving to the community has been even more top of mind for employees at Marathon Petroleum’s Los Angeles refinery (LAR). Recently, some of those efforts are being recognized by Los Angeles nonpr...

The recent drop in share price represents a second chance to buy this MLP for the price last seen on 10/21. MPLX LP is a high-quality MLP good positioned to last and profit from future trends. MPLX LP pays a very safe, stable, and growing 9% dividend. A yield that balances even cr...

MPLX and EPD are both midstream MLPs with very stable cash-flowing business models. While MPLX's yield is ~190 basis points greater than EPD's, EPD boasts a higher credit rating, implying a lower risk profile. We compare the business models, balance sheets, growth potential, and v...

Our Marketplace Contributor Roundtable Series finishes with a wide range of coverage. Seven of our top contributors discuss what they're looking for this earnings season in value, commodities, and macro. As always, SA Marketplace articles are never paywalled. ~ By Tim ...

Valero Energy is expected to report record earnings, unlikely to be repeated soon. Crack spreads peaked last month, but futures curves still show them elevated in 2023-25 compared to the past decade. With a growing cost advantage and worldwide shortages of refining capacity, the c...

Following a decline in the price of oil, the Fidelity MSCI Energy ETF is down roughly 20% from its June high. That being the case, the pullback is a great opportunity for investors who are underweight the energy sector. That's because the fund represents extreme value: it has a P/...