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Valero Energy (VLO) has been granted a Jones Act waiver in the wake of the fuel crunch created by the Colonial Pipeline shutdown, Reuters reports.The waiver would allow foreign vessels to ship petroleum products from the Gulf Coast to east coast U.S. ports.Refiners Marathon Petroleum (MPC) an...
U.S. refiners are scrambling for tankers to store fuel that has nowhere to go following the cyberattack that knocked out the top U.S. oil products pipeline, Bloomberg reports.Valero Energy (VLO), Phillips 66 (PSX) and Marathon Petroleum (MPC) are in the process of chartering four non-U.S. fla...
Inland refiner HollyFrontier has a $5.7 billion market cap; however, it is suspending its dividend to buy a Washington refinery at a total cost, including inventory, of over $500 million. Washington refineries are supplied by Canadian and Alaskan crude, among others. While the USWC, i...
Shares of Marathon Petroleum Corporation (NYSE:MPC) traded today at $61.10, eclipsing its 52-week high. This new high was reached on below average trading volume as 2.2 million shares traded hands, while the average 30-day volume is approximately 5.1 million shares. Marathon Petroleum is...
Image source: The Motley Fool. Marathon Petroleum (NYSE: MPC) Q1 2021 Earnings Call May 04, 2021 , 11:00 a.m. ET Operator Continue reading For further details see: Marathon Petroleum (MPC) Q1 2021 Earnings Call Transcript
Marathon Petroleum Corporation (MPC) Q1 2021 Earnings Conference Call May 4, 2021 11:00 AM ET Company Participants Kristina Kazarian - Vice President, Investor Relations Michael Hennigan - President and Chief Executive Officer Maryann Mannen - Chief Financial Officer Raymond Brooks - Executiv...
The following slide deck was published by Marathon Petroleum Corporation in conjunction with their 2021 Q1 earnings call. For further details see: Marathon Petroleum Corporation 2021 Q1 - Results - Earnings Call Presentation
Marathon Petroleum (MPC) +1.4% pre-market after reporting a smaller Q1 adjusted loss than in the prior quarter, helped by a rebound in transportation fuel demand as the economy began to recover from the pandemic.Q1 adjusted EBITDA was $1.6B, compared with $1.9B for the year-ago quarter.M...
Marathon Petroleum (MPC): Q1 Non-GAAP EPS of -$0.20 beats by $0.51; GAAP EPS of -$0.37 beats by $0.33.Revenue of $22.88B (+9.0% Y/Y) beats by $3.93B.Press Release For further details see: Marathon Petroleum EPS beats by $0.51, beats on revenue
Marathon Petroleum Corp. Reports First-Quarter 2021 Results PR Newswire FINDLAY, Ohio , May 4, 2021 /PRNewswire/ -- Reported first-quarter loss of $242 million , or $(0.37) per diluted share, which includes pre-tax charges of $70 million ;...
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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 ...