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

News that Elliott is involved in Suncor is not new, but we're starting to see the impacts of that. Elliott appointees will assist in a new CEO search, and expect the company to agree to a retail divestiture to raise capital later this year. $2,150mm in identified cost synergies ar...

Seven & i Holdings and Kroger Co. are both massive, diversified food and retail chains. Both holdings are what I would list as vital stocks with market-leading disruption resilience. While the investment profile for each is different, I find a paired long investment to be comp...

--News Direct-- August 5, 2022, /3BL Media/ - Virent Inc., a wholly owned subsidiary of Marathon Petroleum, was recently recognized by biofuels publication The Digest for its innovation and achievements in biobased fuels, chemicals, and materials by emerging companies. At The Digest...

The following slide deck was published by Marathon Petroleum Corporation in conjunction with their 2022 Q2 earnings call. For further details see: Marathon Petroleum Corporation 2022 Q2 - Results - Earnings Call Presentation

Image source: The Motley Fool. Marathon Petroleum (NYSE: MPC) Q2 2022 Earnings Call Aug 02, 2022 , 11:00 a.m. ET Operator Continue reading For further details see: Marathon Petroleum (MPC) Q2 2022 Earnings Call Transcript

Marathon Petroleum Corp (MPC) Q2 2022 Earnings Conference Call August 02, 2022, 11:00 ET Company Participants Kristina Kazarian - VP, IR Michael Hennigan - President, CEO & Director Maryann Mannen - EVP & CFO Rick Hessling - SVP, Global Feedstocks ...

MPC reported its Q2 earnings highlighted by a surge in refining profitability amid record gas prices and sharply higher crack spreads. The company has been active with share repurchases, reaffirming its capital return strategy with an additional buyback authorization. The recent p...

Marathon Petroleum ( NYSE: MPC ) +2.7% in Tuesday's trading after crushing Wall Street estimates for Q2 adjusted earnings and revenues, riding a surge in demand for fuel and refined products while supplies are tight. Q2 net income fell to $5.9B, or $10.95/share, from...

Marathon Petroleum press release ( NYSE: MPC ): Q2 Non-GAAP EPS of $10.61 beats by $2.14 . Revenue of $54.24B (+81.8% Y/Y) beats by $9.98B . For further details see: Marathon Petroleum Non-GAAP EPS of $10.61 beats by $2.14, revenue of $54.24B beats by $9....

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 ...