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NORTHAMPTON, MA / ACCESSWIRE / June 6, 2023 / Marathon Petroleum Corporation The United Way of Hancock County in Ohio organized its spring Days of Caring event to bring together more than 900 volunteers to complete 100 service projects in five days. The volunteers logged 3,600 community s...
2023-06-01 10:38:18 ET Summary Phillips 66 reported first-quarter 2023 adjusted earnings per share of $4.21 from $1.32 a year ago, beating analysts' expectations. Total revenues were $35.09 Billion in 1Q23, down slightly from $36.72 billion a year ago. The quarterly dividend i...
2023-05-31 23:23:19 ET Summary In this four-part series, I will review how to structure a dividend investor's oil and energy portfolio with my oil and energy playbook. Part 2 will discuss the general strategy and our second position, the running back. The playbook discusses st...
NORTHAMPTON, MA / ACCESSWIRE / May 31, 2023 / Marathon Petroleum Corporation MPLX representatives at the truck presentation included (l-r) Transport Operations Manager Jonas Armenta, Transport Drive Jonathan Begay, Transport Drive Karl Ashley and Transport Operations Supervisor Steve Transue. ...
2023-05-30 17:13:18 ET Summary Phillips 66 offers value and yield in the refining and chemical sector, with a strong long-term outlook and significant progress in its core business. The company's extensive chemical footprint, including the joint venture with Chevron Phillips Chemi...
NORTHAMPTON, MA / ACCESSWIRE / May 24, 2023 / Marathon Petroleum Corporation Madison Metropolitan School District in Wisconsin and the nonprofit organization Sustain Dane are working together to turn food waste into usable compost. A community investment grant from Virent, a subsidiary of ...
2023-05-23 14:43:23 ET Marathon Petroleum ( NYSE: MPC ) said Tuesday the Occupational Safety and Health Administration is investigating last week's fire at its Galveston Bay, Texas, refinery that left one worker dead. While confirming OSHA's probe, the company offered no i...
2023-05-21 07:40:50 ET Summary Marathon Petroleum is the biggest player in its industry. It runs a tight ship, producing profits in almost all market types. We think crack spreads are likely to stay higher for longer due to chronic underinvestment in the sector. The company is...
2023-05-20 22:10:50 ET Summary MPC continues to enjoy robust refining margins. This is allowing the company to aggressively buy back stock due to the robust free cash flow it is generating. The current price looks attractive based on mid-cycle EBITDA and its stake in MPLX. ...
2023-05-16 13:16:44 ET Summary Eight US refiners were compared using a value matrix with factors including valuation, FCF, debt, forward yield, and payout ratio. Although I expect refiners' earnings to remain elevated, I also expect share price volatility to continue on energy sec...
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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. ...