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2023-03-20 22:42:10 ET California Governor Gavin Newsom scored a scaled-back win in his battle with oil and gas companies Monday after the state legislature struck a deal on a proposal to establish a year-round watchdog that will monitor California's petroleum market on a daily basi...
VANCOUVER, British Columbia, March 20, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Madison Pacific Properties Inc. (the Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company, reports that Mr. Marvin Haasen, President and CEO of the Company, has decided to retire effective Ju...
2023-03-20 15:47:57 ET Summary Marathon Petroleum's return ratios and margin ratios increased significantly in 2022 as gasoline and distillate crack spreads were hiked. Gasoline and distillate crack spreads in 2023 are not expected to be as high as in 2022; however, they are expec...
2023-03-20 09:48:03 ET Summary MPC and other refiners are at peak earnings due to high crack spreads. However, much of MPC's value can be found in its midstream segment through its ownership of MPLX. The stock has some upside from here, but not enough. Marathon Petro...
2023-03-20 04:38:56 ET Summary LNG demand from Europe continues to drive revenue. Net-Zero strategy and global demand continue to drive LNG demand. Fundamentals remain cheap for now. Investment Thesis: Marathon Petroleum (NYSE: MPC) is set to benefit from Europe's Ne...
2023-03-20 03:53:46 ET Summary Marathon Petroleum is well positioned in an industry that has a very favorable operating environment right now, and it should continue to outperform. MPC is in a very strong financial position, and management is likely to be able to continue to aggre...
2023-03-18 09:30:00 ET Summary This article will focus on DGI stocks that are likely to provide a high rate of dividend growth rather than a high current yield. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names out of an initial li...
2023-03-18 04:08:11 ET Summary Recent gloomy economic conditions are an opportunity to hunt bargains and position your portfolio for market beating future returns. Based on valuation, profitability, and durable demand, the US refining sector is a good place to look for value and s...
2023-03-16 12:02:18 ET Summary Oil prices crashed this week on macro worries. The longer-term outlook for oil prices and thus the Energy Select Sector SPDR ETF is far from bad. Many oil equities are attractively priced right now. Article Thesis Due to recession f...
2023-03-13 10:11:38 ET Shares of oil and gas producers fall sharply in early trading on Monday after oil prices plunged as much as 5% on concerns that the failures of Silicon Valley Bank and Signature Bank could lead to an economic slowdown which saps demand for crude oil. Crude...
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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. ...