Xcel, UND say Midwest hydrogen 'hub' at risk from tax credit rules [Yahoo! Finance]
Marathon Petroleum Corporation (MPC)
Last marathon petroleum corporation earnings: 1/29 06:30 am
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Source: Yahoo! Finance
That stance has put the Minneapolis-based company at odds with some environmental groups who have defended parts of the regulations as critical to avoiding carbon emissions. One major point of contention is whether Xcel could qualify for the credits by tapping into unused wind power and one of its two Minnesota nuclear plants to create carbon-free hydrogen, which are central to company plans. "This proposal would significantly impair the development of a hydrogen economy," Xcel wrote in a late February letter to the U.S. Treasury Department. Xcel is a large part of the "Heartland Hydrogen Hub" — which also includes North Dakota, South Dakota, Wisconsin and Montana — one of seven regional "hubs" selected last year for $7 billion in federal funding from the bipartisan 2021 infrastructure law. The Upper Midwest group has to negotiate a final plan with the feds but could be in line for as much as $925 million. Xcel said it would spend up to $2 billion on the initiative through a de
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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