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Marathon Petroleum's revenues were $17.55 billion compared to $31.20 billion the same quarter a year ago. The third quarter's net income was a loss of $886 million. The company's results were positively affected by better performance from both Refining & Marketing and Midstream se...
The S&P energy sector ([[XLE]] +4.5%) starts off with a nearly 5% gain today as crude oil jumps to its highest level since March; extending early gains, January WTI +3.8% to $44.70/bbl and January Brent +3.1% to $47.48/bbl.Two of yesterday's top five S&P winners, Apache ([[APA]] +8.8%...
A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Champion And Contender Highlights: We...
Refining names resume their week-long rally, as Pfizer's coronavirus vaccine offers some demand light at the end of the COVID-19 tunnel while looming refinery closures around the world look to keep supply in check.[[VLO]] +8.4%, [[MPC]] +7.2%, [[PSX]] +7.8%, [[HFC]] +7.7%, [[CVI]] +8.8%, [[DK...
Nearly 10% of U.S. refining capacity is offline due to low demand, plant repurposing or extended turnarounds, and many companies believe it is still not enough to support refining margins, S&P Global Platts reports.According to the report, 1.69M bbl/day of refinery capacity is offlin...
DealReporter is speculating that Marathon Petroleum ([[MPC]] -2.9%) might buy back MPLX LP (MPLX). MPLX initially jumped about 2% in early trading, but has now pulled back to a modest decline.Marathon CFO Donald Templin last night announced his retirement from the company, effective at the st...
Marathon Petroleum (MPC) says CFO Donald Templin will retire from the company, effective in January 2021.Templin joined Marathon Petroleum in 2011 as Senior VP and CFO after spending more than 25 years with PricewaterhouseCoopers.He was appointed executive VP of Marathon Petroleum and preside...
Marathon Petroleum Corp. announces CFO to retire early next year PR Newswire FINDLAY, Ohio, Nov. 11, 2020 FINDLAY, Ohio , Nov. 11, 2020 /PRNewswire/ -- Marathon Petroleum Corporation (NYSE: MPC) today announced that Donald C. Templin , executive vice...
Pfizer and BioNTech came out with great news for everyone. It looks like a safe and reliable vaccine could be rolled out in the foreseeable future. Take a look to see what this could mean for your investments, and to find ideas about what to buy and what to avoid. For furthe...
Slammed by weakened fuel demand during the pandemic, shares of U.S. oil refiners are skyrocketing after Pfizer announced it had developed a COVID-19 vaccine that was more than 90% effective.[[VLO]] +31.4%, [[MPC]] +16.9%, [[PSX]] +23.8%, [[PBF]] +33.1%, [[CVI]] +31.5%, [[HFC]] +28.2%.Fuel dem...
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2024-08-06 15:45:19 ET Image source: The Motley Fool. Marathon Petroleum (NYSE: MPC) Q2 2024 Earnings Call Aug 06, 2024 , 11:00 a.m. ET Operator Continue reading For further details see: Marathon Petroleum (MPC) Q2 2024 Earnings Call Transcript
MPLX LP Reports Second-Quarter 2024 Financial Results PR Newswire FINDLAY, Ohio , Aug. 6, 2024 /PRNewswire/ -- Second -quarter net income attributable to MPLX of $1.2 billion and net cash provided by operating activities of $1.6 billion ...
Marathon Petroleum Corp. Reports Second-Quarter 2024 Results PR Newswire FINDLAY, Ohio , Aug. 6, 2024 /PRNewswire/ -- Second -quarter net income attributable to MPC of $1.5 billion , or $4.33 per diluted share; adjusted net income of $1.4 b...