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VANCOUVER, British Columbia, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Madison Pacific Properties Inc. (the Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company announces the results of operations for the three months ended November 30, 2022. The results reported are pursuant to Int...
Summary IGA generated a strong yield and has been able to achieve its objective of generating stable current income. The average annual total return also is quite high. IGA invests in stocks in ICT, financial, industrial, and healthcare sectors. These sectors in my view have maximum gro...
Summary Marathon Petroleum is a refiner of oil products. Demand for refined products was abnormally strong in 2022. What's the outlook for 2023 like? A discussion of Marathon Petroleum's operating leverage. The impact of natural gas on Marathon Petroleum's operating expenses and how...
Summary ET and MPLX are high yield midstream businesses with investment grade credit ratings. MPLX has a vastly superior track record while ET is significantly cheaper. We compare them side by side and offer our take on which is a better buy at the moment. Both Energy Tran...
Summary PSX announced an agreement Friday to buy the remaining publicly held LP units in DCP Midstream for $41.75 each, raising Phillips 66's stake in DCP to 86.8%. The remaining economic interests in DCP are held by Enbridge, which owns 13.2% of the MLP's General Partner. PSX expec...
Marathon Petroleum Corp. Recommends Shareholders Reject Mini-Tender Offer From TRC Capital Investment Corp. PR Newswire FINDLAY, Ohio , Jan. 4, 2023 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) has received notification of an unsolicited mini-tender offer...
Summary The Invesco equal-weight RYE ETF attempts to mitigate concentration risks in the energy sector using the same strategy as sister fund - the RSP ETF - does in the S&P 500. The fund holds equal weight positions in 24 energy companies and rebalances on a quarterly basis. The TT...
Summary PBF Energy is a $5.2 billion market cap oil refiner. Its CFO departed suddenly in mid-December and the company is searching for a replacement. Two of PBF’s six refineries are in California and face both high costs and (at the moment) high margins due to heavy regulation t...
Marathon Petroleum Corp. to Report Fourth-Quarter and Full-Year Financial Results on January 31, 2023 PR Newswire FINDLAY, Ohio , Dec. 16, 2022 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call on Tuesday, January 31, 2023 , at ...
Summary There are a lot of false narratives being thrown about on how "green energy" is somehow responsible for the recent global energy crisis. However, the primary cause of the global energy crisis was arguably Russia's decision to attack Ukraine and cut off natural gas supplies to th...
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An emergency food pantry in Dickinson, North Dakota, recently got help in meeting local needs after issuing a public call for assistance via social media. The Association to Meet Emergency Needs pantry needed to replenish its supply shelves, prompting support from Marathon Petroleum's Dick...
NORTHAMPTON, MA / ACCESSWIRE / July 16, 2024 / Marathon Petroleum Corporation The Port of Long Beach, California, is supporting an effort to reduce debris in the port with devices that collect trash from the surface of the water. Marathon Pipe Line installed two electric trash skimmers ...
2024-07-12 07:30:08 ET Wells Fargo analyst issues OVERWEIGHT recommendation for MPC on July 12, 2024 05:59AM ET. The previous analyst recommendation was Overweight. MPC was trading at $164.29 at issue of the analyst recommendation. The overall analyst consensus : BUY. ...