The most recent trading session ended with Marathon Petroleum (MPC) standing at $161.49, reflecting a +1.82% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily gain of 0.75%. Meanwhile, the Dow experienced a rise of 0.58%, and the technology-dominated Nasdaq saw an increase of 1%.Heading into today, shares of the refiner had lost 11.42% over the past month, lagging the Oils-Energy sector's loss of 4.12% and the S&P 500's gain of 4.03% in that time.Ma ...

Marathon Petroleum Corporation (MPC) , a Findlay, OH-based company specializing in oil and gas refining and marketing, recently obtained a revised air permit for its Detroit refinery from Michigan’s environmental agency. This development marks a significant operational shift for the refinery, which had been subject to stringent production limits. The updated permit allows for increased crude oil throughput, setting the stage for enhanced production capabilities while maintaining a focus on environmental res ...

FINDLAY, Ohio, Sept. 6, 2024 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call on Tuesday, November 5, 2024, at 11 a.m. EST to discuss 2024 third-quarter financial results.Interested parties may listen to the conference call by visiting MPC's website at www.marathonpetroleum.com. A replay of the webcast will be available on MPC's website for two weeks. Financial information, including the earnings release and other investor-related material, will also be available online prior ...

CaraMaria/iStock via Getty Images Investment Thesis MPC Container Ships (OTCPK:MPZZF) recently reported another strong quarter. Its Q2 earnings were $84 million on revenues of $131 million. It declared a $0.10 dividend, the 11th in a row, bringing its yield to about 28%. 76 percent of 2025 and 42 percent of 2026 are already fixed at reasonably good rates. Since I took up coverage of MPZZF in Q4 2023, the company has continued executing its fleet optimization strategy. This has resulted in a relatively n ...

Marathon Petroleum (MPC) ended the recent trading session at $171.75, demonstrating a -1.19% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.16% for the day. Meanwhile, the Dow experienced a rise of 0.09%, and the technology-dominated Nasdaq saw a decrease of 0.3%.Shares of the refiner witnessed a gain of 1.71% over the previous month, beating the performance of the Oils-Energy sector with its gain of 0.93% and underperforming the S&P 500's gai ...

Marathon Petroleum Corporation (MPC) is a major player in the U.S. petroleum industry, handling refining, marketing and transporting petroleum products. With a significant presence in key regions, including the Gulf Coast, Midwest and West Coast, MPC operates a highly integrated refining system that efficiently processes crude oil into a wide range of products, including gasoline, diesel, jet fuel and petrochemicals. The company’s extensive network of assets, including refineries, pipelines and storage faci ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Marathon Petroleum (MPC) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Marathon Petroleum currently has an average brokerage ...

Independent oil refiner and marketer Marathon Petroleum Corporation (MPC) reported second-quarter adjusted earnings per share of $4.12, which comfortably beat the Zacks Consensus Estimate of $3.04. The outperformance primarily reflects the stronger-than-expected performance of its Refining & Marketing segment. Operating income of the segment totaled $1.3 billion, surpassing the consensus mark of $1 billion.However, the company’s bottom line fell from the year-ago adjusted profit of $5.32 due to a drop in re ...

1 Second Quarter 2024 Earnings Conference Call August 6, 2024 Forward-Looking Statements This press release contains forward-looking statements regarding MPC. These forward-looking statements may relate to, among other things, MPC's expectations, estimates and projections concerning its business and operations, financial priorities, strategic plans and initiatives, capital return plans, capital expenditure plans, operating cost reduction objectives, and environmental, social and governance ("ESG") plans and ...

财务数据和关键指标变化 - 第二季度调整后每股收益为4.12美元 [13] - 第二季度调整后EBITDA为2亿美元,环比增加1.33亿美元 [14] - 第二季度税率为16%,税收准备金为3.73亿美元 [14] 各条业务线数据和关键指标变化 - 炼油利用率为97%,捕获率为94%,环比提高2个百分点 [13][15][16] - 炼油业务每桶运营成本为4.97美元,环比下降,其中美国墨西哥湾地区为3.73美元/桶,具有成本优势 [15] - 中游业务MPLX为公司贡献5.5亿美元现金流,支持公司股息和大部分资本支出 [17][21] 各个市场数据和关键指标变化 - 美国中西部地区汽油溢价较普通汽油高达40美元,体现了该地区供需偏紧的局面 [70][71] 公司战略和发展方向及行业竞争 - 公司将继续优化资产组合,发挥价值链优势,确保资产竞争力,投资于高回报项目 [10][22][23] - 中游业务MPLX的可持续增长将带来现金流增长,公司将保持谨慎的资本配置 [11][12][22][23] - 公司在各地区的成本优势和运营卓越性将支撑其在任何市场环境下的领先业绩 [9][10][22] 管理层对经营环境和未来前景的评论 - 公司预计2024年将是创纪录的炼油产品消费年,需求增长将超过短期产能增加 [8] - 美国炼油业将保持结构性优势,公司资产将在各地区保持最具竞争力 [9] - 公司看好中长期强化的中周期环境,但短期内可能出现一些波动 [46][47][48] 其他重要信息 - 公司自2021年5月以来已通过回购减少近50%的股份 [12] - 公司将继续通过股票回购等方式进行资本回报,不考虑增加杠杆 [58][66] - 公司将在第三季度进行约3.3亿美元的大修支出,全年预计为14亿美元 [20] 问答环节重要的提问和回答 问题1 **Manav Gupta 提问** 询问MPLX分红增长目标及对MPC的影响 [25][26][27] **Maryann Mannen 回答** MPLX目标中单位数增长,将进一步提升对MPC的现金贡献,覆盖MPC股息和大部分资本支出 [26][27] 问题2 **Neil Mehta 提问** 询问新任CEO的重点工作 [32][33][34][35] **Maryann Mannen 回答** 将继续专注于卓越的运营表现、商业执行力和领先的资本配置,发挥中游业务的持续增长优势 [33][34][35] 问题3 **Roger Read 提问** 询问公司对中长期炼油环境的看法 [45][46][47][48][49] **Maryann Mannen和Rick Hessling回答** 公司长期看好强化的中周期环境,短期内可能出现一些波动,但需求增长将超过产能增加 [46][47][48][49]