Marathon Petroleum Slips to Strong Sell on Estimate Revision
Zacks Equity Research - Zacks Investment Research - Wed Jul 13, 8:37AM CDT
On Jul 13, Zacks Investment Research downgraded Marathon Petroleum Corporation (MPC) to a Zacks Rank #5 (Strong Sell).
INT: 47.62 (-0.43), MPC: 36.98 (-0.56), MUSA: 75.52 (-0.13)
Stock Market News for July 08, 2016
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 9:10AM CDT
Benchmarks closed mixed on Thursday following a fall in crude prices and gains in shares of Costco.
CXO: 121.04 (-1.31), PSX: 76.25 (-0.15), XEL: 43.95 (+0.45), EXC: 36.75 (+0.32), DUK: 85.05 (+0.61), PEG: 45.97 (+0.53), XOM: 94.88 (-0.07), AET: 119.18 (+3.68), HUM: 161.30 (+6.59), T: 42.59 (+0.18), VLO: 49.54 (+0.29), NEE: 128.17 (+0.84), ADP: 95.14 (+0.33), MUR: 31.90 (-0.20), MPC: 36.98 (-0.56), CVX: 106.65 (-0.13), VZ: 56.00 (+0.53)
Coverage Initiated on Select Independent Oil & Gas
ACCESSWIRE - Wed Jul 06, 8:15AM CDT
LONDON, UK / ACCESSWIRE / July 6, 2016 / Active Wall St. announces its industry coverage on the following stocks within the Oil and Gas space: Chesapeake Energy Corporation (NYSE: CHK), Energy Transfer Equity, L.P. (NYSE: ETE), Marathon Petroleum Corp. (NYSE: MPC), and Suncor Energy Inc. (NYSE: SU). Register with us now for your free membership and get more on our industry coverage at:
SU: 28.23 (-0.30), MPC: 36.98 (-0.56), CHK: 4.35 (-0.23), ETE: 15.92 (-0.13)
Stock Market News for June 29, 2016
Zacks Equity Research - Zacks Investment Research - Wed Jun 29, 9:10AM CDT
Following two trading days of losses after the U.K. referendum results, benchmarks closed in the green on Tuesday after investors recouped some of their losses
GS: 157.92 (+1.00), JPM: 63.16 (-0.04), MPC: 36.98 (-0.56), C: 43.33 (-0.11), HAL: 45.21 (-0.82), EOG: 83.84 (-1.30), XOM: 94.88 (-0.07), WFC: 48.27 (-0.08), BAC: 13.44 (-0.10), MRO: 15.29 (-0.31), CVX: 106.65 (-0.13), SWN: 13.96 (-0.24)
MPLX LP to announce 2016 second-quarter financial results July 28
Globe Newswire - Wed Jun 29, 5:48AM CDT
FINDLAY, Ohio, June 29, 2016 - MPLX LP (NYSE: MPLX), a master limited partnership sponsored by Marathon Petroleum Corporation (NYSE: MPC), will host a conference call Thursday, July 28, at 11 a.m. EDT to discuss 2016 second-quarter financial results, which will be released earlier that day, and to provide an update on partnership operations.
MPLX: 33.35 (-1.48), MPC: 36.98 (-0.56)
Marathon Petroleum Corp. to announce 2016 second-quarter financial results July 28
Globe Newswire - Wed Jun 29, 5:47AM CDT
FINDLAY, Ohio, June 29, 2016 - Marathon Petroleum Corporation (NYSE: MPC) will host a conference call Thursday, July 28, at 9 a.m. EDT to discuss 2016 second-quarter financial results, which will be released earlier that day, and to provide an update on company operations.
MPC: 36.98 (-0.56)
Pilot Flying J and Speedway Enter into Joint Venture Designed to Improve Service for Drivers in the Southeast Region
Globe Newswire - Thu Jun 23, 10:02AM CDT
KNOXVILLE, Tenn. (June 23, 2016) - Pilot Flying J and Speedway LLC (Speedway) have entered into a joint venture consisting of 120 travel plazas, primarily in the Southeast United States. The new entity, PFJ Southeast LLC, will initially consist of 41 locations contributed by Speedway and 79 locations contributed by Pilot Flying J, all of which will carry either the Pilot or Flying J brand and will be operated by Pilot Flying J.
MPC: 36.98 (-0.56)
Marathon Petroleum Corporation to present at J.P. Morgan Energy Equity Conference June 27
Globe Newswire - Wed Jun 22, 2:13PM CDT
FINDLAY, Ohio, June 22, 2016 - On Monday, June 27, Marathon Petroleum Corporation (NYSE: MPC) Chairman, President and CEO Gary R. Heminger will deliver a presentation to investors and industry analysts at the J.P. Morgan Energy Equity Investor Conference in New York City.
JPM: 63.16 (-0.04), MPC: 36.98 (-0.56)
Marathon Petroleum to Cut Air Pollution, Fed Fines $334.6M
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 3:43PM CDT
Leading independent refiner, transporter and marketer of petroleum products, Marathon Petroleum Corporation (MPC), has agreed to spend $334.6 million to settle a dispute over refinery pollution across five U.S. states. The company will also pay a $326,000 civil penalty.
MDR: 5.04 (-0.09), MPC: 36.98 (-0.56), MRO: 15.29 (-0.31), PTR: 68.79 (-1.62)
Learn how to target an 20% return on ConocoPhillips, or get option-trade ideas on Johnson & Johnson, Michael Kors, Marathon Petroleum Corporation, and American Express or any stock you choose
PR Newswire - Thu Jun 02, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for COP, JNJ, KORS, MPC and AXP.
JNJ: 123.00 (+0.08), AXP: 63.10 (+0.10), MPC: 36.98 (-0.56), COP: 42.87 (-0.93), KORS: 51.72 (-0.19)
Crowley Christens MT Louisiana; Company's Third LNG-Ready, Product Tanker to Sail U.S. Coastwise Trade
PRWeb - Fri May 06, 11:05AM CDT
Continuing its innovative vessel build program, Crowley Maritime Corporation christened the third of four new, Jones Act product tankers on Thursday at the Julia Street Cruise Terminal in New Orleans. The 50,000 dead-weight-ton (dwt), 330,000-barrel-capacity Louisiana joins two Crowley sister ships, Texas and Ohio, to be the first tankers ever to receive the American Bureau of Shipping's LNG-Ready Level 1 approval, giving Crowley the option to convert the tanker to liquefied natural gas for propulsion in the future.
MPC: 36.98 (-0.56)
Marathon Oil (MRO) Q1 Loss Narrower than Expected
Nilanjan Choudhury - Zacks Investment Research - Thu May 05, 7:08AM CDT
Leading upstream energy firm Marathon Energy (MRO) posted lower-then-expected Q1 loss on cost cuts.
MPC: 36.98 (-0.56), COP: 42.87 (-0.93), MRO: 15.29 (-0.31), APC: 56.10 (-1.32)
Zacks Industry Outlook Highlights: Comstock Resources, Warren Resources, Western Refining, Valero Energy and Marathon Petroleum
Zacks Equity Research - Zacks Investment Research - Fri Apr 29, 8:30AM CDT
Zacks Industry Outlook Highlights: Comstock Resources, Warren Resources, Western Refining, Valero Energy and Marathon Petroleum
VLO: 49.54 (+0.29), MPC: 36.98 (-0.56), WRES: 0.09 (+0.02), WNR: 20.76 (-0.42), CRK: 0.87 (-0.01)
Enterprise And Midsize Companies Around The World Continue To Adopt BlackLine Finance Controls And Automation Platform
PR Newswire - Thu Apr 28, 10:05AM CDT
BlackLine, a leading provider of enhanced finance controls and automation (EFCA) software, continued to add top-tier companies to its customer base with Marathon Petroleum Co., Reynolds Consumer Products, Thermo Fisher Scientific, TimkenSteel Corp., Clif Bar & Co. and The Humane Society of the United States among the many new customers that signed on to use BlackLine's Finance Controls and Automation Platform during the first quarter of 2016.
MPC: 36.98 (-0.56)
Marathon Petroleum (MPC) Q1 Earnings Lag, Revenues Top
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 8:54AM CDT
Marathon Petroleum Corp. (MPC) reported weak first-quarter 2016 earnings, owing to weak crack spreads and increased turnaround activity.
MPC: 36.98 (-0.56), WPT: 16.30 (+0.14), PTR: 68.79 (-1.62), VNR: 1.67 (+0.14)
Marathon Petroleum (MPC) Misses Q1 Earnings, Beats Revenues
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 7:57AM CDT
Marathon Petroleum (MPC) Misses Q1 Earnings, Beats Revenues
MPC: 36.98 (-0.56), MRO: 15.29 (-0.31)
MPLX LP Reports First-Quarter 2016 Financial Results
Globe Newswire - Thu Apr 28, 5:51AM CDT
- Reported first-quarter adjusted EBITDA of $302 million; distributable cash flow of $236 million
MPLX: 33.35 (-1.48), MPC: 36.98 (-0.56)
Marathon Petroleum misses 1Q profit forecasts
Automated Insights - Thu Apr 28, 5:47AM CDT
FINDLAY, Ohio (AP) _ Marathon Petroleum Corp. (MPC) on Thursday reported first-quarter net income of $1 million.
MPC: 36.98 (-0.56)
Marathon Petroleum Corporation Reports First-Quarter 2016 Results
Globe Newswire - Thu Apr 28, 5:38AM CDT
- Reported first-quarter earnings of $1 million
MPLX: 33.35 (-1.48), MPC: 36.98 (-0.56)
Marathon Petroleum Corporation Announces Dividend
Globe Newswire - Wed Apr 27, 3:09PM CDT
FINDLAY, Ohio, April 27, 2016 - Marathon Petroleum Corporation (NYSE: MPC) announced today that its board of directors declared a dividend of $0.32 per share on common stock. The dividend is payable June 10, 2016, to shareholders of record as of the close of business May 18, 2016.
MPC: 36.98 (-0.56)