Marathon Petroleum Corporation (MPC) is set to release fourth-quarter earnings on Feb. 4. The Zacks Consensus Estimate for the to-be-reported quarter's profit is pegged at 37 cents per share on revenues of $30.72 billion.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Let us delve into the factors that might have influenced MPC’s performance in the to-be-reported quarter. Before that, it is worth taking a look at the company’s performance in the last reported quarter. Highlights of MP ...

The market expects Marathon Petroleum (MPC) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be re ...

VANCOUVER, British Columbia, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Madison Pacific Properties Inc. (the Parent Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company announces judgement issued by the Federal Court of Appeal (“FCA”) on its tax reassessments appeal. As previously reported in the Parent Company’s Consolidated Financial Statements and MD&A, the Parent Company and certain subsidiaries had received from the Canada Revenue Agency (“CRA”) and Alberta Tax and Revenue Administration (“ATRA” ...

FINDLAY, Ohio, Jan. 24, 2025 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) announced today that its annual meeting of shareholders will take place April 30, 2025, at 10 a.m. ET in a virtual-only format via live webcast. Shareholders of record as of March 3, 2025, are entitled to notice of and to vote at the annual meeting. The company's proxy statement will include additional information regarding how shareholders may access and participate in the virtual annual meeting.About Marathon Petroleum Corpo ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Marathon Petroleum (MPC) , which belongs to the Zacks Oil and Gas - Refining and Marketing industry.This refiner has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 64.15%.For the most recent quarter, Marathon Petroleum was expected to post earnings of $0 ...

Marathon Petroleum (MPC) closed the latest trading day at $140.53, indicating a -1.55% change from the previous session's end. This change lagged the S&P 500's daily gain of 0.55%. On the other hand, the Dow registered a loss of 0.06%, and the technology-centric Nasdaq increased by 1.24%.Market participants will be closely following the financial results of Marathon Petroleum in its upcoming release. The company plans to announce its earnings on February 4, 2025. On that day, Marathon Petroleum is projected ...

Marathon Petroleum Corporation (MPC) and the Teamsters union, representing 275 workers, have successfully resolved their three-month strike at the Detroit refinery and entered into a seven-year collective bargaining agreement promising significant benefits and marking the end of the prolonged standoff.Collective Agreement Marking Long-Term BenefitsAn accord between MPC and the Teamsters union was inked after more than a year of negotiations and the first major three-month strike at the Detroit refinery in 3 ...

LIMASSOL, Cyprus, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on December 12, 2024, it entered, through a wholly owned subsidiary, into an Share Purchase Agreement (“SPA”) with MPC Münchmeyer Petersen & Co. GmbH (“MPC Holding”) for the acquisition of 26,116,378 shares representing 74.09% of the shares of the Frankfurt-listed investment and asset manager MPC Münchmeyer Petersen Capital AG (Deutsche B ...

Marathon Petroleum (MPC) closed at $151.97 in the latest trading session, marking a +0.6% move from the prior day. The stock lagged the S&P 500's daily gain of 0.82%. On the other hand, the Dow registered a loss of 0.22%, and the technology-centric Nasdaq increased by 1.77%.The refiner's stock has dropped by 2.67% in the past month, falling short of the Oils-Energy sector's loss of 2.1% and the S&P 500's gain of 0.8%.Investors will be eagerly watching for the performance of Marathon Petroleum in its upcomin ...

Income-oriented individual investor focusing on building a solid dividend portfolio within oil and gas, shipping, energy, and minerals. I am investing my own money and do not work on behalf of others or a company, such as an investment firm. My formal qualification is an MSc in Business, where I majored in Finance.Analyst’s Disclosure: I/we have a beneficial long position in the shares of MPZZF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my ow ...