FINDLAY, Ohio, Aug. 6, 2024 /PRNewswire/ -- Second-quarter net income attributable to MPC of $1.5 billion, or $4.33 per diluted share; adjusted net income of $1.4 billion, or $4.12 per diluted share Adjusted EBITDA of $3.4 billion and net cash provided by operating activities of $3.2 billion, reflecting strong operational and commercial performance Advanced Midstream growth; $1.6 billion segment adjusted EBITDA in the second quarter, up 6% year-over-year, focused in the Permian and Marcellus MPC received $5 ...

Most investors are waking up to realize that the market rotation has not only started but is gaining momentum with each trading day. Stanley Druckenmiller started selling out of the technology sector, specifically the artificial intelligence names that seemed to have run their course, to reallocate into bonds and small-cap stocks. Marathon Petroleum Today MPC Marathon Petroleum $164.64 -8.54 (-4.93%) 52-Week Range $133.65 ▼ $221.11 Dividend Yield 2.00% P/E Ratio 8.22 Price Target $196.85 Add to Watchlist Wh ...

Marathon Petroleum Corporation (MPC) is set to release second-quarter results on Aug 6. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of $3.83 per share on revenues of $32 billion. Let's delve into the factors that might have influenced the independent oil refiner and marketer's results in the June quarter. But it's worth taking a look at MPC's previous-quarter performance first. Highlights of Q1 Earnings & Surprise History In the last reported quarter, the Findlay, OH-base ...

Marathon Petroleum (MPC) closed the latest trading day at $177.02, indicating a -0.71% change from the previous session's end. This change lagged the S&P 500's 1.08% gain on the day. Meanwhile, the Dow gained 0.75%, and the Nasdaq, a tech-heavy index, added 2.64%. The refiner's shares have seen an increase of 2.38% over the last month, surpassing the Oils-Energy sector's loss of 10.32% and the S&P 500's loss of 0.44%. Market participants will be closely following the financial results of Marathon Petroleum ...

FINDLAY, Ohio, July 31, 2024 /PRNewswire/ -- The board of directors of Marathon Petroleum Corp. (NYSE: MPC) has declared a dividend of $0.825 per share on common stock. The dividend is payable Sept. 10, 2024, to shareholders of record as of the close of business Aug. 21, 2024. About Marathon Petroleum Corporation MPC is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system. MPC's marketing system includes branded locations ...

The latest trading session saw Marathon Petroleum (MPC) ending at $163.97, denoting a -1.16% adjustment from its last day's close. This move lagged the S&P 500's daily loss of 0.16%. Elsewhere, the Dow lost 0.14%, while the tech-heavy Nasdaq lost 0.06%.Prior to today's trading, shares of the refiner had lost 4.65% over the past month. This has was narrower than the Oils-Energy sector's loss of 7.84% and lagged the S&P 500's gain of 1.96% in that time.The upcoming earnings release of Marathon Petroleum will ...

Marathon Petroleum (MPC) ended the recent trading session at $162.18, demonstrating a -0.45% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 1.02%. Meanwhile, the Dow experienced a rise of 1.09%, and the technology-dominated Nasdaq saw an increase of 1.18%.The refiner's shares have seen a decrease of 6.61% over the last month, surpassing the Oils-Energy sector's loss of 11.98% and falling behind the S&P 500's gain of 4.44%.Market participants will be closely foll ...

MichaelRLopez/iStock Editorial via Getty Images While shares of Marathon Petroleum (NYSE:MPC) are up substantially over the past year, they have been a poor performer over the past few months, dropping about 25% from their 52-week high, as concerns have built over the health of the refining cycle. I last covered MPC in March, downgrading shares from a “strong buy” to a “buy.” While shares did briefly rally to my $216 target, in hindsight, I did not downgrade shares strongly enough as they have fallen by ...

In the latest trading session, Marathon Petroleum (MPC) closed at $173.66, marking a +0.7% move from the previous day. This move outpaced the S&P 500's daily loss of 0.25%. Elsewhere, the Dow gained 0.77%, while the tech-heavy Nasdaq lost 0.79%.Heading into today, shares of the refiner had lost 2.03% over the past month, outpacing the Oils-Energy sector's loss of 5.24% and lagging the S&P 500's gain of 3.59% in that time.Analysts and investors alike will be keeping a close eye on the performance of Marathon ...

The most recent trading session ended with Marathon Petroleum (MPC) standing at $170.51, reflecting a +1.04% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily gain of 0.23%. On the other hand, the Dow registered a loss of 0.17%, and the technology-centric Nasdaq increased by 0.34%.Heading into today, shares of the refiner had lost 2.25% over the past month, outpacing the Oils-Energy sector's loss of 4.97% and lagging the S&P 500's gain of 3.96% in t ...