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2023-10-23 08:35:00 ET Summary MPLX and Enterprise Products Partners are high-yielding midstream businesses with strong track records of distribution growth and attractive total returns. We compare them side-by-side to see which is the better buy today. We share three reasons ...
A nonprofit in El Paso, Texas, that provides special assistance to those experiencing homelessness recently hosted volunteers from Marathon Petroleum's El Paso refinery. The employee volunteers packed 300 food bags at the Kelly Center for Hunger Relief, which distributes food to people in ne...
2023-10-19 14:33:36 ET Summary Phillips 66's Refining Segment continues to be the dominant factor for earnings upside given PSX's high distillate yield and strong diesel margins. The company's acquisition of DCP Midstream's LP units will contribute to strong growth in the Midstrea...
2023-10-19 13:50:45 ET Summary Retail gas prices have fallen to near $3.50 per gallon, impacting profitability for energy refiners as crack spreads have retreated. Marathon Petroleum Corporation has strong momentum and a fair valuation, but macro risks are a concern. MPC's ear...
2023-10-18 16:45:02 ET More on crude oil XLE: Escalating Middle East Tensions Strengthen Energy's Bullish Thesis The Bullish Case For Oil Is Still Compelling Oil Prices To Stay Well In The Triple Digits As European Winter Is Almost Here For further details se...
2023-10-13 18:30:31 ET More on clean energy ETFs PBW: A Good Theme But Terrible Momentum Now QCLN Should Be Your Preferred Bet If You're Interested In Clean Energy ICLN: One To Avoid For further details see: Biden administration officially awards $7B in g...
2023-10-13 09:22:04 ET The energy sector ( NYSEARCA: XLE ) finally achieved momentum, rising 11% in the third quarter after struggling to lock in gains during the first half of the year. The S&P 500 Energy Index (SP500-1010) witnessed growth in Q3 after falling 2% in...
NORTHAMPTON, MA / ACCESSWIRE / October 13, 2023 / Marathon Petroleum Corporation Marathon Petroleum Corp.'s (MPC) Detroit refinery hosted an ENERGY STAR® Industrial Showcase in August to celebrate its achievements in energy management practices. The refinery received its 7th ENERGY ST...
2023-10-12 06:58:38 ET More on the markets Depression Alert: Why The Shrinking Money Supply Spells Trouble For SPY SPY: An Early Contrarian Opportunity (Technical Analysis, Rating Upgrade) Something Will Break Soon Seeking Alpha's quant ratings recommend tech...
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...
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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. ...