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The first week of May brought a deluge of US energy earnings reports. While Q1 results generally exceeded Street expectations, near-term production and capital guidance was mixed. However, the sector uniformly stuck to shareholder return and long-term spending plans, driving equities higher.&...
This week's DOE inventory updated showed a surprise build in oil and oil product inventories (NYSEARCA:USO). TSA checkpoint data pointed to falling passenger volumes, down ~1% week on week and ~12% below 2019 levels (JETS). Marathon (MPC) reported Q1 results, announcing plans to i...
Shares of Marathon Petroleum Corporation (NYSE:MPC) traded at a new 52-week high today of $96.90. So far today approximately 1 million shares have been exchanged, as compared to an average 30-day volume of 4.9 million shares. Marathon Petroleum Corporation (NYSE:MPC) has potential upside...
The number of stocks dropped from BofA's quantmental Alpha Surprise Portfolio dwarfed the number of new entrants in April. The portfolio return was -6.8% for the month, outperforming the S&P 500 (SP500) (SPY), -8.8%, but trailing the equal weight S&P 500 (RSP), -6.4% for the month. Th...
Marathon Petroleum (NYSE:MPC) said Tuesday it is ramping up rates at its refineries to reach 95% capacity in Q2 to meet the rising demand for diesel and gasoline as the U.S. moves into peak driving season, S&P Global Platts reports. Marathon (MPC) will defer some planned maintenance ...
Image source: The Motley Fool. Marathon Petroleum (NYSE: MPC) Q1 2022 Earnings Call May 03, 2022 , 11:00 a.m. ET Operator Continue reading For further details see: Marathon Petroleum (MPC) Q1 2022 Earnings Call Transcript
Marathon Petroleum Corporation (MPC) Q1 2022 Earnings Conference Call May 03, 2022 11:00 AM ET Company Participants Kristina Kazarian - Vice President, Investor Relations Mike Hennigan - Chief Executive Officer Maryann Mannen - Chief Financial Officer Ray Brooks - Executive Vice President, Re...
The following slide deck was published by Marathon Petroleum Corporation in conjunction with their 2022 Q1 earnings call. For further details see: Marathon Petroleum Corporation 2022 Q1 - Results - Earnings Call Presentation
Marathon (MPC) posted Q1 results ahead of the market open Tuesday, exceeding earnings expectations, marching forward with the Company's share repurchase program, and guiding to improved utilization in Q2: Earnings - the Company generated $1.49 in earnings per diluted share, versus ...
Marathon Petroleum press release (NYSE:MPC): Q1 GAAP EPS of $1.49 beats by $0.26. Revenue of $38.38B (+67.7% Y/Y) beats by $5.92B. For further details see: Marathon Petroleum GAAP EPS of $1.49 beats by $0.26, revenue of $38.38B beats by $5.92B
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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 ...