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2023-10-09 22:18:06 ET Summary Marathon Petroleum's profit outlook is waning as refinery spreads fall dramatically on higher oil prices and lower gasoline demand. The recent oil "crack spread" crash threatens to erase most of Marathon's current EBITDA. Marathon's Q3 EPS is exp...
2023-10-05 07:00:00 ET Summary MPLX and Energy Transfer are both high-yield BBB-rated midstream infrastructure businesses. MPLX has a more consistent distribution growth track record compared to Energy Transfer. Energy Transfer has significantly outperformed MPLX in the past t...
NORTHAMPTON, MA / ACCESSWIRE / October 4, 2023 / Marathon Petroleum Corporation Hundreds of underserved children from the Shoshone-Bannock Tribes in southeastern Idaho have new coats, shoes and school supplies for the school year ahead. Employees from Marathon Petroleum Corp.'s midstream s...
2023-10-04 12:15:11 ET Energy ( NYSEARCA: XLE ) is by far the worst S&P sector performer in Wednesday's trading, -3.1% , pressured by the recent pullback in crude oil prices to the lowest in four weeks. Crude oil fell early following news that Saudi Arabia, as expected...
2023-10-03 15:53:02 ET More on Valero and Phillips 66 Phillips 66: As Good As It Gets Phillips 66 vs. Valero Energy: One Is A Buy, And One Is Not Valero: Despite Massive Strength, I'm Considering Selling For further details see: Refining stocks slide as m...
NORTHAMPTON, MA / ACCESSWIRE / September 29, 2023 / Marathon Petroleum Corporation Marathon Petroleum Corporation's Robinson, Illinois, refinery is using solar power to build on its sustainability performance already recognized by the U.S. Environmental Protection Agency. The refinery is p...
NORTHAMPTON, MA / ACCESSWIRE / September 26, 2023 / Marathon Petroleum Corporation Marathon Petroleum's Detroit refinery hosted students for an onsite workforce development program to give them hands-on experience and teach them soft skills for their future careers. The young adults wer...
2023-09-26 10:00:41 ET Summary Valero Energy Corporation has experienced significant growth, returning almost 200% excluding dividends since the depths of the pandemic. The refining industry is thriving due to favorable margins and supply-related factors, such as inadequate crude-...
2023-09-23 20:30:00 ET More on oil refiners CRAK: Buy Refiners On Potential Chinese Stimulus Phillips 66 vs. Valero Energy: One Is A Buy, One Is Not Marathon Petroleum: An Impressive Ascension, But It May Not Last Forever Marathon Petroleum: Elevated Crack Sp...
Shares of Marathon Petroleum Corporation (NYSE: MPC) traded at a new 52-week high today and are currently trading at $156.05. So far today, approximately 993.67k shares have been exchanged, as compared to an average 30-day volume of 3.71M shares. Marathon Petroleum Corporation, together with ...
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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. ...