Marathon Petroleum Corp (MPC) 42.69 $MPC
The Zacks Analyst Blog Highlights: Energy Transfer Partners, Sunoco Logistics Partners, Phillips 66, Enbridge Energy Partners and Marathon Petroleum
Zacks Equity Research - Zacks Investment Research - Tue Sep 13, 8:30AM CDT
The Zacks Analyst Blog Highlights: Energy Transfer Partners, Sunoco Logistics Partners, Phillips 66, Enbridge Energy Partners and Marathon Petroleum
PSX: 79.97 (-0.06), ETP: 38.29 (+0.25), MPC: 42.69 (-0.52), EEP: 24.95 (+0.49), SXL: 29.12 (+0.64)
Dakota Access Pipeline Work Halted: Is It the Next Keystone?
Nilanjan Choudhury - Zacks Investment Research - Mon Sep 12, 10:25AM CDT
The oil-versus-environment debate over the huge Dakota Access Pipeline could mirror the outcome of the doomed Keystone XL project.
PSX: 79.97 (-0.06), ETP: 38.29 (+0.25), MPC: 42.69 (-0.52), TRP: 48.28 (+0.63), MUSA: 72.33 (+0.80), EEP: 24.95 (+0.49), SXL: 29.12 (+0.64)
Enbridge Energy (EEP) Puts Oil Pipeline Project on Hold
Zacks Equity Research - Zacks Investment Research - Fri Sep 02, 8:31AM CDT
Enbridge Energy Partners, L.P. (EEP) has announced plans to put the construction of the Sandpiper crude oil pipeline on hold, until market conditions are conducive
ETP: 38.29 (+0.25), MPC: 42.69 (-0.52), EEP: 24.95 (+0.49), SXL: 29.12 (+0.64)
Marathon Petroleum Corp. to present at Barclays' 2016 CEO Energy-Power Conference
Globe Newswire - Tue Aug 30, 11:27AM CDT
FINDLAY, Ohio, Aug. 30, 2016 - On Tuesday, Sept. 6, Marathon Petroleum Corp. (NYSE: MPC) Chairman, President and Chief Executive Officer Gary R. Heminger will deliver a presentation to investors and industry analysts at Barclays' 2016 CEO Energy-Power Conference in New York City.
MPLX: 33.03 (+0.33), MPC: 42.69 (-0.52)
Marathon Petroleum Corporation and MPLX LP announce MPLX senior management changes
Globe Newswire - Wed Aug 24, 7:54AM CDT
FINDLAY, Ohio, Aug. 24, 2016 - Marathon Petroleum Corporation (NYSE: MPC) Chairman, President and Chief Executive Officer Gary R. Heminger today announced changes in the senior management structure of the general partner of MPLX LP (NYSE: MPLX), MPC's master limited partnership, and MarkWest Energy Partners, L.P., a wholly owned subsidiary of MPLX. The changes will be effective Oct. 1, 2016.
MPLX: 33.03 (+0.33), MPC: 42.69 (-0.52)
Marathon Petroleum Corporation donates to Louisiana flood disaster relief efforts
Globe Newswire - Tue Aug 23, 3:08PM CDT
FINDLAY, Ohio, Aug. 23, 2016 - Marathon Petroleum Corporation (NYSE: MPC) today announced that it will donate $250,000 to aid in flood recovery efforts in Louisiana. The Red Cross will receive $100,000; United Way will receive $50,000; and various local organizations with critical needs will receive the remaining $100,000.
MPC: 42.69 (-0.52)
M&T Bank Expands ATM Service to Nearly 170 Speedway Stores in New Jersey, New York and Pennsylvania
PR Newswire - Tue Aug 09, 11:00AM CDT
M&T Bank announced today an expanded agreement with Cardtronics (Nasdaq: CATM) to offer M&T Bank-branded ATMs at 120 Speedway locations in New Jersey and New York, in addition to existing bank-branded ATMs at 48 Speedway stores in Pennsylvania. The installation completed recently provides M&T Bank card customers with surcharge-free access to ATMs at 55 stores in New Jersey; 65 on Long Island, New York; and 48 in Pennsylvania.
MPC: 42.69 (-0.52), MTB: 116.55 (+0.85), CATM: 44.38 (+0.89)
New Strong Sell Stocks for August 8th
Zacks Equity Research - Zacks Investment Research - Mon Aug 08, 8:27AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Monday
NVEE: 32.30 (+0.45), EURN: 8.49 (+0.10), MPC: 42.69 (-0.52), FSV: 49.20 (+0.40), BKE: 25.03 (+0.72)
Sunoco Logistics (SXL) Swings to Q2 Loss in a Tough Market
Zacks Equity Research - Zacks Investment Research - Mon Aug 08, 8:23AM CDT
Pipeline operator Sunoco Logistics Partners (SXL) swung to an unexpected second-quarter loss, hurt by weak results from the 'Crude Oil' and 'NGL' segments.
ETP: 38.29 (+0.25), MPC: 42.69 (-0.52), EEP: 24.95 (+0.49), SXL: 29.12 (+0.64)
Energy Transfer (ETP) Misses on Q2 Earnings and Revenues
Zacks Equity Research - Zacks Investment Research - Fri Aug 05, 9:53AM CDT
Energy Transfer Partners LP (ETP) reported second-quarter 2016 earnings of 10 cents per limited partner unit, which missed the Zacks Consensus Estimate of 19 cents.
ETP: 38.29 (+0.25), MPC: 42.69 (-0.52), EEP: 24.95 (+0.49), SXL: 29.12 (+0.64)
FleetCor Awarded Speedway Commercial Fleet Card Contract
BusinessWire - Thu Aug 04, 3:06PM CDT
FleetCor Technologies, Inc. (NYSE:FLT), a leading global provider of fuel cards and workforce payment products to businesses, announced today that it has signed an agreement to manage the commercial fuel card program for Speedway LLC (Speedway). Under the terms of this new agreement, FleetCor Technologies will provide a variety of services in support of Speedway's SuperFleet program including transaction processing and overall program management later this year.
MPC: 42.69 (-0.52), FLT: 172.11 (+1.24)
Bakken Pipeline financing complete, share sold to pay debt
AP - Wed Aug 03, 9:13AM CDT
DES MOINES, Iowa (AP) — Companies building an oil pipeline from North Dakota across the Midwest into Texas say they've completed project financing and sold a share of the pipeline to another company to pay down the debt.
PSX: 79.97 (-0.06), MPC: 42.69 (-0.52)
Oil & Gas Refiners Stocks Under Review -- Valero Energy, Marathon Petroleum, HollyFrontier, and Phillips 66
PR Newswire - Wed Aug 03, 6:30AM CDT
Oil prices are tumbling once again, closing below $40 a barrel mark on Tuesday, August 02, 2016, impacted by higher output from all 13 states of OPEC, as suggested by a Reuters survey. Stock-Callers.com sees how the oil price fluctuations are impacting some operators within the Oil and Gas Refining and Marketing sphere. Here are today's featured companies: Valero Energy Corp. (NYSE: VLO), Marathon Petroleum Corp. (NYSE: MPC), HollyFrontier Corp. (NYSE: HFC), and Phillips 66 (NYSE: PSX). Learn more about these stocks by downloading their free research reports in PDF format at:
PSX: 79.97 (-0.06), VLO: 55.60 (-0.08), MPC: 42.69 (-0.52), HFC: 24.65 (+0.09)
Marathon Petroleum Corporation agrees to equity participation in Bakken Pipeline system
Globe Newswire - Tue Aug 02, 6:32PM CDT
FINDLAY, Ohio, Aug. 2, 2016 - Marathon Petroleum Corporation (NYSE: MPC) today announced its agreement to participate in the formation of a joint venture to invest in the Dakota Access Pipeline (DAPL) and the Energy Transfer Crude Oil Pipeline (ETCOP) projects, collectively referred to as the Bakken Pipeline system.
ETP: 38.29 (+0.25), MPC: 42.69 (-0.52), EEP: 24.95 (+0.49), SXL: 29.12 (+0.64)
Enbridge Energy Partners, L.P. and Enbridge Inc. Announce Agreement to Acquire Equity Interest in the Bakken Pipeline System Establishing New Path to the U.S. Gulf Coast
Marketwire Canada - Tue Aug 02, 6:30PM CDT
HOUSTON, TX and CALGARY, AB--(Marketwired - Aug 2, 2016) - Enbridge Energy Partners, L.P. (NYSE: EEP) ("EEP"
and Enbridge Inc. (TSX: ENB) (NYSE: ENB) ("Enbridge" or the "Company", announced today that EEP and Marathon Petroleum Corporation ("Marathon Petroleum" have formed a new joint venture, which in turn has entered into an agreement to acquire a 49 percent equity interest in the holding company that owns 75 percent of the Bakken Pipeline System ("Bakken Pipeline" or the "System" from an affiliate of Energy Transfer Partners, L.P. ("Energy Transfer" and Sunoco Logistics Partners L.P. ("Sunoco Logistics". Under this arrangement, EEP and Marathon Petroleum would indirectly hold 75 percent and 25 percent, respectively, of the joint venture's 49 percent interest in the holding company of Bakken Pipeline. The purchase price of EEP's effective 27.6 percent interest in the System is US$1.5 billion. Closing of the transaction is subject to certain conditions, and is expected to occur in the third quarter of 2016.
MEP: 8.70 (-0.12), ENB.TO: 57.44 (-0.47), MPC: 42.69 (-0.52), ENB: 43.99 (-0.20), EEP: 24.95 (+0.49)
Energy Transfer and Sunoco Logistics Announce Sale of Minority Stake in Bakken Pipeline Project to Enbridge and Marathon Petroleum
BusinessWire - Tue Aug 02, 6:30PM CDT
--Energy Transfer Continues to Oversee Construction
PSX: 79.97 (-0.06), ETP: 38.29 (+0.25), MPC: 42.69 (-0.52), ETE: 16.94 (+0.03), SXL: 29.12 (+0.64)
Learn how to target a 12% return on Exelixis, or get option-trade ideas on FireEye, Baidu, Marathon Petroleum Corporation and First Solar or any stock you choose
PR Newswire - Fri Jul 29, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for BIDU, EXEL, FEYE, FSLR, and MPC.
FSLR: 35.42 (+1.39), FEYE: 14.80 (+0.31), BIDU: 194.20 (-1.25), MPC: 42.69 (-0.52), EXEL: 14.70 (-0.04)
The Zacks Analyst Blog Highlights: Energy Transfer Partners, Sunoco Logistics Partners, Phillips 66, Enbridge Energy Partners and Marathon Petroleum
Zacks Equity Research - Zacks Investment Research - Tue Sep 13, 8:30AM CDT
The Zacks Analyst Blog Highlights: Energy Transfer Partners, Sunoco Logistics Partners, Phillips 66, Enbridge Energy Partners and Marathon Petroleum
PSX: 79.97 (-0.06), ETP: 38.29 (+0.25), MPC: 42.69 (-0.52), EEP: 24.95 (+0.49), SXL: 29.12 (+0.64)
Dakota Access Pipeline Work Halted: Is It the Next Keystone?
Nilanjan Choudhury - Zacks Investment Research - Mon Sep 12, 10:25AM CDT
The oil-versus-environment debate over the huge Dakota Access Pipeline could mirror the outcome of the doomed Keystone XL project.
PSX: 79.97 (-0.06), ETP: 38.29 (+0.25), MPC: 42.69 (-0.52), TRP: 48.28 (+0.63), MUSA: 72.33 (+0.80), EEP: 24.95 (+0.49), SXL: 29.12 (+0.64)
Enbridge Energy (EEP) Puts Oil Pipeline Project on Hold
Zacks Equity Research - Zacks Investment Research - Fri Sep 02, 8:31AM CDT
Enbridge Energy Partners, L.P. (EEP) has announced plans to put the construction of the Sandpiper crude oil pipeline on hold, until market conditions are conducive
ETP: 38.29 (+0.25), MPC: 42.69 (-0.52), EEP: 24.95 (+0.49), SXL: 29.12 (+0.64)
Marathon Petroleum Corp. to present at Barclays' 2016 CEO Energy-Power Conference
Globe Newswire - Tue Aug 30, 11:27AM CDT
FINDLAY, Ohio, Aug. 30, 2016 - On Tuesday, Sept. 6, Marathon Petroleum Corp. (NYSE: MPC) Chairman, President and Chief Executive Officer Gary R. Heminger will deliver a presentation to investors and industry analysts at Barclays' 2016 CEO Energy-Power Conference in New York City.
MPLX: 33.03 (+0.33), MPC: 42.69 (-0.52)
Marathon Petroleum Corporation and MPLX LP announce MPLX senior management changes
Globe Newswire - Wed Aug 24, 7:54AM CDT
FINDLAY, Ohio, Aug. 24, 2016 - Marathon Petroleum Corporation (NYSE: MPC) Chairman, President and Chief Executive Officer Gary R. Heminger today announced changes in the senior management structure of the general partner of MPLX LP (NYSE: MPLX), MPC's master limited partnership, and MarkWest Energy Partners, L.P., a wholly owned subsidiary of MPLX. The changes will be effective Oct. 1, 2016.
MPLX: 33.03 (+0.33), MPC: 42.69 (-0.52)
Marathon Petroleum Corporation donates to Louisiana flood disaster relief efforts
Globe Newswire - Tue Aug 23, 3:08PM CDT
FINDLAY, Ohio, Aug. 23, 2016 - Marathon Petroleum Corporation (NYSE: MPC) today announced that it will donate $250,000 to aid in flood recovery efforts in Louisiana. The Red Cross will receive $100,000; United Way will receive $50,000; and various local organizations with critical needs will receive the remaining $100,000.
MPC: 42.69 (-0.52)
M&T Bank Expands ATM Service to Nearly 170 Speedway Stores in New Jersey, New York and Pennsylvania
PR Newswire - Tue Aug 09, 11:00AM CDT
M&T Bank announced today an expanded agreement with Cardtronics (Nasdaq: CATM) to offer M&T Bank-branded ATMs at 120 Speedway locations in New Jersey and New York, in addition to existing bank-branded ATMs at 48 Speedway stores in Pennsylvania. The installation completed recently provides M&T Bank card customers with surcharge-free access to ATMs at 55 stores in New Jersey; 65 on Long Island, New York; and 48 in Pennsylvania.
MPC: 42.69 (-0.52), MTB: 116.55 (+0.85), CATM: 44.38 (+0.89)
New Strong Sell Stocks for August 8th
Zacks Equity Research - Zacks Investment Research - Mon Aug 08, 8:27AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Monday
NVEE: 32.30 (+0.45), EURN: 8.49 (+0.10), MPC: 42.69 (-0.52), FSV: 49.20 (+0.40), BKE: 25.03 (+0.72)
Sunoco Logistics (SXL) Swings to Q2 Loss in a Tough Market
Zacks Equity Research - Zacks Investment Research - Mon Aug 08, 8:23AM CDT
Pipeline operator Sunoco Logistics Partners (SXL) swung to an unexpected second-quarter loss, hurt by weak results from the 'Crude Oil' and 'NGL' segments.
ETP: 38.29 (+0.25), MPC: 42.69 (-0.52), EEP: 24.95 (+0.49), SXL: 29.12 (+0.64)
Energy Transfer (ETP) Misses on Q2 Earnings and Revenues
Zacks Equity Research - Zacks Investment Research - Fri Aug 05, 9:53AM CDT
Energy Transfer Partners LP (ETP) reported second-quarter 2016 earnings of 10 cents per limited partner unit, which missed the Zacks Consensus Estimate of 19 cents.
ETP: 38.29 (+0.25), MPC: 42.69 (-0.52), EEP: 24.95 (+0.49), SXL: 29.12 (+0.64)
FleetCor Awarded Speedway Commercial Fleet Card Contract
BusinessWire - Thu Aug 04, 3:06PM CDT
FleetCor Technologies, Inc. (NYSE:FLT), a leading global provider of fuel cards and workforce payment products to businesses, announced today that it has signed an agreement to manage the commercial fuel card program for Speedway LLC (Speedway). Under the terms of this new agreement, FleetCor Technologies will provide a variety of services in support of Speedway's SuperFleet program including transaction processing and overall program management later this year.
MPC: 42.69 (-0.52), FLT: 172.11 (+1.24)
Bakken Pipeline financing complete, share sold to pay debt
AP - Wed Aug 03, 9:13AM CDT
DES MOINES, Iowa (AP) — Companies building an oil pipeline from North Dakota across the Midwest into Texas say they've completed project financing and sold a share of the pipeline to another company to pay down the debt.
PSX: 79.97 (-0.06), MPC: 42.69 (-0.52)
Oil & Gas Refiners Stocks Under Review -- Valero Energy, Marathon Petroleum, HollyFrontier, and Phillips 66
PR Newswire - Wed Aug 03, 6:30AM CDT
Oil prices are tumbling once again, closing below $40 a barrel mark on Tuesday, August 02, 2016, impacted by higher output from all 13 states of OPEC, as suggested by a Reuters survey. Stock-Callers.com sees how the oil price fluctuations are impacting some operators within the Oil and Gas Refining and Marketing sphere. Here are today's featured companies: Valero Energy Corp. (NYSE: VLO), Marathon Petroleum Corp. (NYSE: MPC), HollyFrontier Corp. (NYSE: HFC), and Phillips 66 (NYSE: PSX). Learn more about these stocks by downloading their free research reports in PDF format at:
PSX: 79.97 (-0.06), VLO: 55.60 (-0.08), MPC: 42.69 (-0.52), HFC: 24.65 (+0.09)
Marathon Petroleum Corporation agrees to equity participation in Bakken Pipeline system
Globe Newswire - Tue Aug 02, 6:32PM CDT
FINDLAY, Ohio, Aug. 2, 2016 - Marathon Petroleum Corporation (NYSE: MPC) today announced its agreement to participate in the formation of a joint venture to invest in the Dakota Access Pipeline (DAPL) and the Energy Transfer Crude Oil Pipeline (ETCOP) projects, collectively referred to as the Bakken Pipeline system.
ETP: 38.29 (+0.25), MPC: 42.69 (-0.52), EEP: 24.95 (+0.49), SXL: 29.12 (+0.64)
Enbridge Energy Partners, L.P. and Enbridge Inc. Announce Agreement to Acquire Equity Interest in the Bakken Pipeline System Establishing New Path to the U.S. Gulf Coast
Marketwire Canada - Tue Aug 02, 6:30PM CDT
HOUSTON, TX and CALGARY, AB--(Marketwired - Aug 2, 2016) - Enbridge Energy Partners, L.P. (NYSE: EEP) ("EEP"
and Enbridge Inc. (TSX: ENB) (NYSE: ENB) ("Enbridge" or the "Company", announced today that EEP and Marathon Petroleum Corporation ("Marathon Petroleum" have formed a new joint venture, which in turn has entered into an agreement to acquire a 49 percent equity interest in the holding company that owns 75 percent of the Bakken Pipeline System ("Bakken Pipeline" or the "System" from an affiliate of Energy Transfer Partners, L.P. ("Energy Transfer" and Sunoco Logistics Partners L.P. ("Sunoco Logistics". Under this arrangement, EEP and Marathon Petroleum would indirectly hold 75 percent and 25 percent, respectively, of the joint venture's 49 percent interest in the holding company of Bakken Pipeline. The purchase price of EEP's effective 27.6 percent interest in the System is US$1.5 billion. Closing of the transaction is subject to certain conditions, and is expected to occur in the third quarter of 2016. MEP: 8.70 (-0.12), ENB.TO: 57.44 (-0.47), MPC: 42.69 (-0.52), ENB: 43.99 (-0.20), EEP: 24.95 (+0.49)
Energy Transfer and Sunoco Logistics Announce Sale of Minority Stake in Bakken Pipeline Project to Enbridge and Marathon Petroleum
BusinessWire - Tue Aug 02, 6:30PM CDT
--Energy Transfer Continues to Oversee Construction
PSX: 79.97 (-0.06), ETP: 38.29 (+0.25), MPC: 42.69 (-0.52), ETE: 16.94 (+0.03), SXL: 29.12 (+0.64)
Learn how to target a 12% return on Exelixis, or get option-trade ideas on FireEye, Baidu, Marathon Petroleum Corporation and First Solar or any stock you choose
PR Newswire - Fri Jul 29, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for BIDU, EXEL, FEYE, FSLR, and MPC.
FSLR: 35.42 (+1.39), FEYE: 14.80 (+0.31), BIDU: 194.20 (-1.25), MPC: 42.69 (-0.52), EXEL: 14.70 (-0.04)
