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Marathon Petroleum (MPC) restarted a reformer and a coker yesterday at its 585K bbl/day Galveston Bay Refinery in Texas, which was shut by the effects of the severe winter storm on Feb. 15, Reuters reports.Total (TOT) reportedly is nearing completion of the restart of its 225K bbl/day Port Ar...
Valero (VLO) and Marathon Petroleum (MPC) are two of the best refiners. Gasoline demand should be really strong this summer due to pent-up demand and the pandemic's end which will benefit these stocks. Gasoline is the most ubiquitous oil product EVs are gaining market share, but...
Against all expectations, OPEC maintains its cuts at least through April. Oil prices surge, setting the stage for a fantastic 2021 for oil and gas stocks. We have eight stocks that are still great value to buy now and profit from the 2021 oil bull market. For further details...
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...
Marathon Petroleum ([[MPC]] +1.1%) is asked to end a lockout at its St. Paul Park refinery in Minnesota that has left 200 union members out of work for two months, according to a letter sent to the company yesterday from a group of state officials.Marathon has brought in out of state workers ...
Monthly update of the Dividend Champions List. 121 companies declared higher dividends in the past month, with an average increase of 8.09% over their previous payouts. Ten new Contenders, and ten new Challengers. For further details see: Dividend Champions For March 202...
Exxon Mobil (XOM) plans to restart the small crude distillation unit and a coker at its 369K bbl/day Beaumont, Texas, refinery, Reuters reports.The 110K bbl/day Crude A CDU and 45K bbl/day coker may start up as early as Friday, according to the report.The refinery was shut on Feb. 15 due to t...
Listen on the go! A daily podcast of Wall Street Breakfast's Alpha talks will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify. Stocks failed to hold early gains Friday, drifting into the close and ending the shortened week lower, as rising interest rates and profit ta...
At least four of the largest refineries in Texas that shut because of freezing temperatures and power outages may take weeks to make repairs and restore operations to normal, raising the potential for prolonged fuel shortages that could spread across the country, Bloomberg reports.Exxon Mobil...
Energy (ex-clean energy) has been the worst sector of the market for so long, many investors have simply written it off. Yet as the polar-vortex descended on Texas, and as the global economy recovers, investors are reminded of the strategic importance of oil and gas. Longer term, ...
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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...
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 ...