UPDATE 1-Traders book tankers to store fuel after U.S. pipeline outage [Reuters]
Marathon Petroleum Corporation (MPC)
Last marathon petroleum corporation earnings: 1/29 06:30 am
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Source: Reuters
UPDATE 1-Traders book tankers to store fuel after U.S. pipeline outage By Ron Bousso 1 Min Read (Adds details) LONDON, May 11 (Reuters) - Traders booked at least four tankers to store refined oil products off the U.S. Gulf Coast refining hub following a cyber attacks that knocked out the top U.S. pipeline, shipping data showed on Tuesday. The attack on the Colonial pipeline network, which supplies half of the fuel consumed along the East Coast, has forced Gulf Coast refineries to scale back operations due to lack of storage space. The tankers, booked by Marathon Petroleum, Valero Energy, Phillips 66 and PBF Energy, can hold around 350,000 tonnes of fuel. Two of them were booked for up to 30 and 40 days, according to the data. Colonial on Friday shut its 5,500-mile (8,850-km) pipeline network, which moves fuels including gasoline, diesel and jet fuel, to protect its systems. It has restarted some smaller lines.
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News
- Marathon Petroleum (MPC) Rises As Market Takes a Dip: Key Facts [Yahoo! Finance]Yahoo! Finance
- Oil Refining Profits Seen at Two-Year Lows on Gloomy Outlook [Yahoo! Finance]Yahoo! Finance
- Oil Refining Profits Seen at Two-Year Lows on Gloomy Outlook [BNN Bloomberg (Canada)]BNN Bloomberg
- Marathon Petroleum Corp. Announces Quarterly Dividend [Yahoo! Finance]Yahoo! Finance
- Marathon Petroleum Corp. Announces Quarterly DividendPR Newswire
MPC
Earnings
- 1/30/24 - Beat
MPC
Sec Filings
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- MPC's page on the SEC website