Marathon Stock News

Marathon (MPC) (MPLX) has resumed flows on its Ozark pipeline in Illinois Wednesday, and the pipe is flowing at ~330kb/d or ~90% of nameplate capacity, following a leak reported late…

Top-ranked stocks PLAY, CARG, HOG, TSLA, MPC and MRO are likely to beat on bottom line in their next releases.

Pune, India, March 15, 2022 (GLOBE NEWSWIRE) -- The refined petroleum products market size was USD 586.27 billion in 2020. The market is projected to grow from USD 611.94 billion 2021 to USD 863.19 billion in 2028 at a CAGR of 5.0% during the 2021-2028 period. This vital information is presented by Fortune Business Insights™, in its report titled, " Refined Petroleum Products Market, 2021-2028. " Transforming crude petroleum products into useful by-products, such as diesel fuel, gasoline, liquefied petroleum gas, naphtha, and others, will boost the market growth during the forecast period. Additionally, growing investments for SPR and rising oil trade between emerging countries will increase the footprint of the market. Request a Sample Copy of Report: https://www.fortunebusinessinsights.com/enquiry/sample/refined-petroleum-products-market-106456 Companies Profiled in the Market Report: Exxon Mobil Corporation Sinopec Limited Royal Dutch Shell BP Plc Chevron Saudi Aramco Marathon Petroleum Corporation Total Energies Valero Energy Rosneft Petrobras China National Petroleum Corporation Report Scope & Segmentation: Report Coverage Details Forecast Period 2021 to 2028 Forecast Period 2021 to 2028 CAGR 5.

A challenging macro environment continued to roil markets last week with the S&P 500 dropping 2.4% and the Nasdaq dropping 3.6%. Inflation remained persistently high, rising 7.9% in February , WTI crude briefly touched $130 per barrel earlier in the week (Brent went even higher touching $140 per barrel) and the war in Ukraine shows no signs of abating. The humanitarian toll this unnecessary war is creating is painful to watch. Millions have lost their homes, evacuation corridors have come under shelling and the economic damage this conflict will cause is likely to be widespread. Given the hit to supply from sanctions on Russia, domestic crude producers like Continental Resources (NYSE: CLR ) and Diamondback Energy (NASDAQ: FANG ) are uniquely positioned to benefit from higher WTI crude prices. Other companies in the energy complex including transportation companies (pipelines) like Enbridge (NYSE: ENB ) and Enterprise Product Partners (NYSE: EPD ), service companies like Baker Hughes (NASDAQ: BKR ) and Halliburton (NYSE: HAL ) and downstream refiners like Marathon Petroleum (NYSE: MPC ) and Valero Energy (NYSE: VLO ) are also going to benefit from higher oil prices.

Crews from Marathon Petroleum <> and state and local environmental agencies are working to clean up an oil spill that happened Friday afternoon in southern Illinois near…

Shares of energy and oil companies, including Chevron Corp (NYSE: CVX ) and Marathon Petroleum Corp (NYSE: MPC ), are trading higher Tuesday amid continued strength in oil prices in the wake of Russia''s invasion of Ukraine. The United States and its European allies have been discussing banning Russian oil imports over the last week, which has fueled the rise in … Full story available on Benzinga.com

Marathon Petroleum (MPC) reported earnings 30 days ago. What's next for the stock?

Marathon Petroleum (NYSE: MPC ) has outperformed the market over the past 10 years by 1.37% on an annualized basis. Buying $100 In MPC: 10 years ago, an investor could have purchased 4.76 shares of Marathon Petroleum at the time with $100. This investment in MPC would have produced an average … Full story available on Benzinga.com

Some of the biggest U.S. importers of Russian crude oil have started suspending their purchases of the commodity, including Monroe Energy, which is the third-biggest U.S. buyer of Russian oil. Bloomberg reports that Monroe Energy had stopped importing Russian oil "for the foreseeable future," while another importer, Par Pacific Holdings, would not enter into new purchase agreements but would receive already contracted volumes. The biggest U.S. importer of Russian crude, Marathon Petroleum, declined to say whether it will continue buying Russian…

OXY, MXL, and MPC made it to the Zacks Rank #1 (Strong Buy) growth stocks list on March 3, 2022

Marathon Petroleum and Neste on March 1 announced they have entered into definitive agreements to form a 50/50 joint venture to produce renewable diesel following a conversion project at Marathon’s existing refinery in Martinez, California.

Someone with a lot of money to spend has taken a bullish stance on Marathon Petroleum (NYSE: MPC ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with MPC, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 12 uncommon options trades for Marathon Petroleum. This isn''t normal. The overall sentiment of these big-money traders is split between 66% bullish and 33%, bearish. Out of all of the special options we uncovered, 3 are puts, for a total amount of $333,610, and 9 are calls, for a total … Full story available on Benzinga.com

If you're looking for top-performing growth stocks for this year and beyond, these seven stocks are great choices. The post 7 Top Growth Stocks to Carry You Through 2022 appeared first on InvestorPlac

HOUSTON (Reuters) – Marathon Petroleum Corp plans to cut production for up to a month at its 593,000 barrel-per-day (bpd) Galveston Bay Refinery in Texas City, Texas, as repairs continue on residual hydrotreating units (RHUs), sources familiar with the situation said.