Marathon Stock News

Marathon Petroleum Corporation (NYSE:MPC)’s traded shares stood at 2.46 million during the latest session, with the company’s beta value hitting 2.08. At the last check today, the stock’s price was $61.20, to imply a decrease of -2.39% or -$1.5 in intraday trading. The MPC share’s 52-week high remains $68.78, putting it -12.39% down since that … Marathon Petroleum Corporation (NYSE: MPC): How Can A Stock Be Up 51.60% Year To Date, But Still Loser Read More »

Nustar Energy L.P. with ticker code (NS) have now 11 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 22 and 15 with a mean TP of 19. Given that the stocks previous close was at 16.25 this would imply there is a potential upside of 16.9%. The 50 day moving average now sits at 16.08 while the 200 day moving average is 17.34. The company has a market cap of $1,765m. Company Website: /> [stock_market_widget type="chart" symbol="NS" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products in the United States and internationally. The company also engages in the transportation of petroleum products and anhydrous ammonia. It operates through three segments: Pipeline, Storage, and Fuels Marketing. The Pipeline segment transports refined products, crude oil, and anhydrous ammonia. The Storage segment owns terminal and storage facilities, which offer storage, handling, and other services for petroleum products, crude oil, specialty chemicals, renewable fuels, and other liquids.

WASHINGTON, D.C.: President Joe Biden called on US regulators on Wednesday (Thursday in Manila) to look into the causes of the nationwide spike in gasoline prices, which he said is hurting workers. The president last week made fighting inflation a top priority after data showed consumer prices hit a 30-year high in October, fueling a slump in his public approval. In a letter to the Federal Trade Commission (FTC), Biden took aim at oil companies he said are raising prices at the pump even as their expenses decline and profits soar. He instructed the agency to look into whether "illegal conduct" is behind the energy price spike. "I do not accept hard-working Americans paying more for gas because of anticompetitive or otherwise potentially illegal conduct," Biden said in the letter. Despite signs the US economy has bounced back strongly from the damage inflicted by the Covid-19 pandemic, Biden has paid a political cost as global supply chain snarls caused shortages and drove an uptick in prices of everything from cars to food to gasoline.

The MARATHON PETROLEUM CORPORATION EMPLOYEES POLITICAL ACTION COMMITTEE (MPAC) successfully filed their F3XN NOVEMBER MONTHLY with the coverage period of 10/01/2021 to 10/31/2021 and a confirmation ID of FEC-1548828 *********CommitteeId: C00496307 | FilingId: 1548828 | FormType: F3XN | CoverageFrom: 10/01/2021 | CoverageThrough: 10/31/2021 | ReportType: NOVEMBER MONTHLY*********

Marathon Petroleum Co. (NYSE:MPC) has been assigned an average recommendation of Buy from the sixteen research firms that are currently covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold recommendation, twelve have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month []

PALO ALTO, Calif., Nov. 17, 2021 (GLOBE NEWSWIRE) -- HP Inc. today announced the appointment of Kim K.W. Rucker to its board of directors. Rucker is the former executive vice president, general counsel and secretary of Andeavor, which was acquired by Marathon Petroleum in 2018.

Related Stocks: FYBR , ATEX , JOBS , NXDT , VST , MPC , TCDA , MDCA ,

Marathon Petroleum Co. (NYSE:MPC) announced a quarterly dividend on Wednesday, October 27th, RTT News reports. Shareholders of record on Wednesday, November 17th will be paid a dividend of 0.58 per share by the oil and gas company on Friday, December 10th. This represents a $2.32 dividend on an annualized basis and a yield of 3.53%. []

Park National Corp OH reduced its stake in shares of Marathon Petroleum Co. (NYSE:MPC) by 15.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,456 shares of the oil and gas companys stock after selling 2,250 shares during the quarter. Park National Corp []

Lowe Wealth Advisors LLC grew its position in shares of Marathon Petroleum Co. (NYSE:MPC) by 38.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 3,600 shares of the oil and gas companys stock after acquiring an additional 1,000 shares during the quarter. Lowe Wealth Advisors LLCs holdings in Marathon Petroleum were worth []

Marathon Petroleum Co. (NYSE:MPC) declared a quarterly dividend on Wednesday, October 27th, RTT News reports. Shareholders of record on Wednesday, November 17th will be given a dividend of 0.58 per share by the oil and gas company on Friday, December 10th. This represents a $2.32 annualized dividend and a yield of 3.53%. The ex-dividend date []

BGR: Solid Conservative Fund Pick But Yield Is Low

Marathon Petroleum Corp. (MPC) CEO Mike Hennigan on Q3 2021 Results - Earnings Call Transcript

Marathon Petroleum (MPC) delivered earnings and revenue surprises of 1.39% and 90.49%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Given the encouraging commodity price backdrop, four energy players - Marathon Petroleum (MPC), Devon Energy (DVN), ConocoPhillips (COP) and Ovintiv (OVV) - are set to report their third-quarter resul