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2023-08-01 16:10:20 ET Summary Marathon Petroleum's Q2 earnings show strong refinery demand despite economic weakness, leading to aggressive buybacks and dividend growth. MPC benefits from favorable refining margins and expansion into renewable fuels, supporting its earnings and g...
2023-08-01 16:02:10 ET Marathon Petroleum Corporation (MPC) Q2 2023 Earnings Conference Call August 1, 2023 11:00 ET Company Participants Kristina Kazarian - Investor Relations Mike Hennigan - Chief Executive Officer Maryann Mannen - Chief Financial Officer B...
2023-08-01 07:58:34 ET Marathon Petroleum ( NYSE: MPC ) +0.6% pre-market Tuesday after reporting Q2 profit that fell 62% from a year ago but easily beat analyst expectations. Q2 net income fell to $2.23B, or $5.32/share, from $5.87B, or $10.95/share, in the year-earlier ...
2023-08-01 06:43:15 ET Marathon Petroleum press release ( NYSE: MPC ): Q2 GAAP EPS of $5.32 beats by $0.74 . Revenue of $36.82B (-32.1% Y/Y) beats by $2.94B . Adj. EBITDA of $4.5 billion Net cash provided by operating activities of $4.0 billion, reflecting ...
Marathon Petroleum Corp. Reports Second-Quarter 2023 Results PR Newswire FINDLAY, Ohio , Aug. 1, 2023 /PRNewswire/ -- Second-quarter net income attributable to MPC of $2.2 billion , or $5.32 per diluted share; adj. EBITDA of $4.5 billion ...
2023-07-31 14:56:03 ET Marathon Petroleum ( NYSE: MPC ) is scheduled to announce Q2 earnings results on Tuesday, August 1st, before market open. The consensus EPS estimate is $4.59 and the consensus revenue estimate is $33.88B. Over the last 2 years, MPC has beaten E...
2023-07-30 15:43:05 ET More on stock strategies Portfolio Offense And Defense; Trade Based On What You See With Rob Isbitts And Matthew Tuttle See a correction? Insurance against S&P losses is now the cheapest ever Tech Crowding And Sector Rotation Clash ...
2023-07-28 14:33:13 ET As July gives way to August, the upcoming week is jam-packed with earnings reports from some of the biggest companies in the world. The highlighted companies include Apple ( NASDAQ: AAPL ), Amazon ( NASDAQ: AMZN ), Advanced Micro Devices...
2023-07-25 14:55:11 ET Summary MPLX, a major transportation company, is predicted to have a strong financial quarter. An increase in the payout per unit is likely still in the works. In March 2023, the company's rating was upgraded from Neutral to Overweight with a price targe...
2023-07-25 08:45:00 ET Summary Vertex Energy has been praised for its recent shift into renewable diesel, but this analysis suggests the company's shares are not as attractive as they seem due to declining refinery margins. The analysis suggests that there are at least three other...
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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. ...