US taps millions more barrels from strategic reserve as critics warn drawdown could fuel vulnerabilities [Yahoo! Finance]
Marathon Petroleum Corporation (MPC)
Last marathon petroleum corporation earnings: 1/29 06:30 am
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Source: Yahoo! Finance
On Wednesday, officials announced a plan to loan an additional 10 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) — part of a 172 million-barrel drawdown that critics say could leave the U.S. vulnerable as West Texas Intermediate (WTI) crude prices climb past $111 per barrel. The crude oil is set to be extracted from the Bryan Mound site in Texas, and the department is also accepting proposals from oil companies until Monday. State-by-state View Of Gas Prices As Iran War Pushes Oil Markets Higher The latest move is part of an agreement with 32 other countries to release a total of 400 million barrels of oil from reserves. The International Energy Agency (IEA) held an emergency meeting at its Paris headquarters last month with energy representatives from the G7 countries to "assess market conditions," which IEA Executive Director Fatih Birol says "have been significantly affected by the conflict in the Middle East." In an aerial view, the Marathon Petro
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MPC
News
- Marathon Petroleum (MPC) had its price target raised by UBS Group AG from $221.00 to $280.00. They now have a "buy" rating on the stock.MarketBeat
- Marathon Petroleum (MPC) had its price target raised by TD Cowen from $198.00 to $299.00. They now have a "buy" rating on the stock.MarketBeat
- Via Separations Raises $36 Million to Deploy Commercial Projects, Expand into Refining and Chemicals Markets [Yahoo! Finance]Yahoo! Finance
- Assessing Marathon Petroleum (MPC) Valuation After A Strong Multi-Month Share Price Run [Yahoo! Finance]Yahoo! Finance
- Marathon Petroleum (MPC) had its price target raised by Wells Fargo & Company from $217.00 to $331.00. They now have an "overweight" rating on the stock.MarketBeat
MPC
Earnings
- 2/3/26 - Beat
MPC
Sec Filings
- 3/27/26 - Form SCHEDULE
- 3/24/26 - Form 144
- 3/19/26 - Form 144
- MPC's page on the SEC website