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XLE up over 50% off the October 29 low. Many key names in this space pay juicy dividends. Substantial upside potential remains through 2021. For further details see: Riding The Stock Waves: Update On The Energy Sector
Bank of America forecasts $50/bbl Brent crude in 2021 and $55 in 2022 as its base case, believing oil markets are "in the early stage of rebalancing enabled by sustained OPEC+ intervention," with "many hallmarks of a cyclical low with remarkable similarities to prior oil cycles" over the long...
Welcome 2021, what can be said from me that you have not either experienced or heard from news outlets regarding 2020 under the year of Covid-19? Currently, I can say I am hearing of more and more individuals being vaccinated, states John Person of PersonsPlanet.com. For further details see...
The possibility of a strike is increasingly likely at Marathon Petroleum's (MPC) 102K bbl/day St. Paul Park refinery in Minnesota after the company's labor contract expired at midnight on Thursday without a resolution.Nearly 200 refinery workers represented by the Teamsters union voted last m...
October-December Kiplinger Today published four-articles: 11 Best Monthly Dividend[s] for 2021; 21 Best-Stocks To Buy; 11 Dividend Growth-Stocks; 25 Dividend Stocks Analysts Love. Stocks therein, I called "Kiplinger Top-Stocks For 2021." Those 68 stocks included two duplicates (tinted...
Some 200 workers at Marathon Petroleum's ([[MPC]] -0.7%) St. Paul Park refinery in Minnesota voted to authorize a strike if they fail to reach an agreement on a new labor contract by the end of 2020, the International Brotherhood of Teamsters union says.A slowdown or shutdown of the 102K bbl/...
Marathon Petroleum Corp. to Announce 2020 Fourth-Quarter and Full-Year Financial Results Feb. 2 FINDLAY, Ohio , Dec. 18, 2020 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call with analysts on Tuesday, Feb. 2, 2021 , at 9:30 a.m....
MPLX LP to Announce 2020 Fourth-Quarter and Full-Year Financial Results Feb. 2 FINDLAY, Ohio , Dec. 18, 2020 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call with an...
Marathon Petroleum's ([[MPC]] -2.0%) plan to convert the Kenai liquefied natural gas export plant in Alaska into an import terminal wins approval from the Federal Energy Regulatory Commission.Marathon's Trans-Foreland unit says the plant would import up to four tanker loads per year of LNG an...
Market conditions are ripe for a sustained rally for U.S. oil E&Ps in 2021, Morgan Stanley analysts say, projecting Brent crude prices will rebound to $55/bbl by H2 2021 and concluding that many E&Ps finally have the capital discipline required to take advantage of that environment."N...
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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...
Blackcomb Pipeline Reaches Final Investment Decision to Transport Growing Natural Gas Production from the Permian Basin to the Gulf Coast Region PR Newswire AUSTIN, Texas , July 31, 2024 /PRNewswire/ -- WhiteWater today announced that WhiteWater, MPLX LP (NYSE: M...