Oil Refining Profits Seen at Two-Year Lows on Gloomy Outlook [Yahoo! Finance]
Marathon Petroleum Corporation (MPC)
Last marathon petroleum corporation earnings: 1/29 06:30 am
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Source: Yahoo! Finance
(Bloomberg) -- US oil refiners that have been among this year's strongest S&P 500 performers are headed for a reckoning with a darkening supply-and-demand outlook. Most Read from Bloomberg Biden's Gains Against Trump Vanish on Deep Economic Pessimism, Poll Shows Taylor Swift Is Proof That How We Critique Music Is Broken Biden's New Chopper Is Demoted After Scorching White House Lawn Tesla Soars as Musk's Cheaper EVs Calm Fears Over Strategy Marathon Petroleum Corp., Phillips 66 and Valero Energy Corp. are set to report their weakest quarterly profits in two years starting this week. For Marathon, the pain is expected to linger as the biggest independent US refiner by market value braces for a second consecutive year of declining sales — the first time that will have happened in almost a decade. Refining stocks started the year with a bang as a convergence of fuel-supply threats from the Red Sea to Russia and the US Great Lakes supported margins earned from turning crude
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MPC
News
- Utica Shale Academy Uses MPLX Grant To Advance Welding Trade Program [Yahoo! Finance]Yahoo! Finance
- Marathon Petroleum: The Buyback King Of The Energy Sector Continues To Shine [Seeking Alpha]Seeking Alpha
- Down -16.74% in 4 Weeks, Here's Why Marathon Petroleum (MPC) Looks Ripe for a Turnaround [Yahoo! Finance]Yahoo! Finance
- Marathon Petroleum Corporation (NYSE:MPC) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates [Yahoo! Finance]Yahoo! Finance
- Marathon Petroleum Co. (NYSE: MPC) had its price target lowered by analysts at Mizuho from $202.00 to $200.00. They now have a "neutral" rating on the stock.MarketBeat
MPC
Earnings
- 4/30/24 - Beat
MPC
Sec Filings
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 4/26/24 - Form 8-K
- MPC's page on the SEC website