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Madison Venture Corporation Announces Acquisition of Shares of Madison Pacific Properties Inc.
Globenewswire· 2026-03-26 21:14
VANCOUVER, British Columbia, March 26, 2026 (GLOBE NEWSWIRE) -- Madison Venture Corporation (“MVC” or the “Company”) reports that it has acquired a total of 45,000 Class B voting shares (“B Shares”) at a price of $4.90 per B Share and 653,413 Class C non-voting shares (“C Shares”) at a price of $4.65 per C Share of Madison Pacific Properties Inc. (“MadPac”) for total consideration of $3,258,870. Prior to the transaction, MVC had ownership and control over 3,627,526 B Shares, representing approximately 49.32 ...
Why Raymond James Sees Marathon Petroleum Reaching $270
247Wallst· 2026-03-25 14:45
Why Raymond James Sees Marathon Petroleum Reaching $270 - 24/7 Wall St. S&P 5006,624.10 +0.22% Dow Jones46,559.80 +0.16% Nasdaq 10024,329.60 +0.39% Russell 20002,542.27 +0.20% FTSE 10010,121.80 +1.05% Nikkei 22554,028.00 +1.22% Stock Market Live March 25, 2026: S&P 500 (SPY) Roller Coaster Ride Continues Investing Why Raymond James Sees Marathon Petroleum Reaching $270 By Joel SouthPublished Mar 25, 10:45AM EDT Quick Read Marathon Petroleum (MPC) shares rose 4.57% over the past week and are up 50.73% year t ...
Is Marathon Petroleum Corporation (MPC) A Good Stock To Buy Now?
Yahoo Finance· 2026-03-24 20:52
Is MPC a good stock to buy? We came across a bullish thesis on Marathon Petroleum Corporation on r/AIPortfolios by manojs. In this article, we will summarize the bulls’ thesis on MPC. Marathon Petroleum Corporation's share was trading at $232.53 as of March 20th. MPC’s trailing and forward P/E were 17.59 and 12.55 respectively according to Yahoo Finance. Is MPC a good stock to buy? stockphoto mania/Shutterstock.com Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated ...
3 Oil Stocks Set to Deliver 50%+ Returns in 2026
247Wallst· 2026-03-23 21:09
3 Oil Stocks Set to Deliver 50%+ Returns in 2026 - 24/7 Wall St. S&P 5006,591.80 +0.71% Dow Jones46,276.50 +0.94% Nasdaq 10024,225.40 +0.84% Russell 20002,495.08 +1.81% FTSE 1009,957.40 +1.14% Nikkei 22553,283.00 +3.79% Investing 3 Oil Stocks Set to Deliver 50%+ Returns in 2026 By Omor Ibne EhsanPublished Mar 23, 5:09PM EDT Quick Read These oil stocks are well-positioned to keep rallying as energy prices soar worldwide. Uncertainty over when the Strait of Hormuz will reopen is keeping oil prices elevated an ...
Marathon Petroleum Corp. to Report First-Quarter Financial Results on May 5, 2026
Prnewswire· 2026-03-23 20:15
Marathon Petroleum Corp. to Report First-Quarter Financial Results on May 5, 2026 Accessibility StatementSkip NavigationFINDLAY, Ohio, March 23, 2026 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call on Tuesday, May 5, 2026, at 11 a.m. EDT to discuss 2026 first-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 ...
Marathon Petroleum: Another Peak Is Near (NYSE:MPC)
Seeking Alpha· 2026-03-23 11:03
I analyze oil and gas companies and related companies like Marathon Petroleum in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign u ...
Madison Pacific Properties Inc. announces the results for the year ended December 31, 2025
Globenewswire· 2026-03-11 23:30
Core Viewpoint - Madison Pacific Properties Inc. reported a significant turnaround in financial performance for the year ended December 31, 2025, achieving a net income of $31.7 million compared to a net loss of $44.2 million for the previous year ending August 31, 2024 [3]. Financial Performance - The company generated cash flows from operating activities of $11.1 million, slightly down from $11.4 million in the previous year [3]. - Earnings per share improved to $0.44 from a loss per share of $0.74 in the prior year [3]. - The net income includes a fair value adjustment gain on investment properties of approximately $28.6 million, contrasting with a net loss of $0.2 million in the previous year [3]. - Interest expense increased to $15.9 million from $12.7 million, while interest income decreased to $0.8 million from $2.5 million [3]. Investment Properties - As of December 31, 2025, the company owns approximately $768 million in investment properties, an increase from $724 million the previous year [4]. - The investment portfolio consists of 54 properties with around 2.0 million rentable square feet of industrial and commercial space, and a 50% interest in nine multi-family rental properties totaling 259 units [5]. - The occupancy rates are high, with 97.03% of industrial and commercial space leased and 98.84% of multi-family residential units leased [5]. Development Properties - The company has a 50% interest in the Silverdale Hills Limited Partnership, which owns approximately 1,425 acres of primarily residential designated development lands in Mission, British Columbia [5].
Madison Pacific Properties Inc. announces the results for the year ended December 31, 2025
Globenewswire· 2026-03-11 23:30
Core Viewpoint - Madison Pacific Properties Inc. reported a significant turnaround in financial performance for the year ended December 31, 2025, achieving a net income of $31.7 million compared to a net loss of $44.2 million for the previous year [3]. Financial Performance - The company generated cash flows from operating activities of $11.1 million, slightly down from $11.4 million in the previous year [3]. - Earnings per share improved to $0.44 from a loss per share of $0.74 in the prior year [3]. - The net income includes a fair value adjustment gain on investment properties of approximately $28.6 million, contrasting with a net loss of $0.2 million in the previous year [3]. - Interest expense increased to $15.9 million from $12.7 million, while interest income decreased to $0.8 million from $2.5 million [3]. Investment Properties - As of December 31, 2025, the company owns approximately $768 million in investment properties, an increase from $724 million the previous year [4]. - The investment portfolio consists of 54 properties with around 2.0 million rentable square feet of industrial and commercial space, and a 50% interest in nine multi-family rental properties totaling 259 units [5]. - The occupancy rates are high, with 97.03% of industrial and commercial space leased and 98.84% of multi-family residential units leased [5]. Development Properties - The company has a 50% interest in the Silverdale Hills Limited Partnership, which owns approximately 1,425 acres of primarily residential designated development lands in Mission, British Columbia [5].
Marathon Petroleum Surges After IEA Plans 400M-Barrel Release
Benzinga· 2026-03-11 19:20
Core Viewpoint - The International Energy Agency (IEA) has announced a historic release of 400 million barrels of emergency oil reserves to address supply disruptions, significantly impacting the oil market and companies like Marathon Petroleum Corp (MPC) [2][3]. Group 1: IEA Emergency Oil Release - The IEA's release of 400 million barrels is the largest coordinated action in its history, aimed at countering supply disruptions from the Strait of Hormuz, which handles approximately 20% of global oil flows [2]. - If fully deployed, the release would exceed the 182 million barrels released in 2022 following Russia's invasion of Ukraine [3]. - IEA member countries collectively hold around 1.2 billion barrels in public emergency reserves and an additional 600 million barrels in commercial inventories [3]. Group 2: Market Impact on Marathon Petroleum - Following the IEA announcement, Marathon Petroleum shares increased by 4.68%, trading at $225.30, nearing its 52-week high of $228.55 [6]. - The surge in MPC stock is attributed to the anticipated stabilization of oil supply due to the emergency release [1]. Group 3: Ongoing Supply Disruptions - Despite the reserve release, supply disruptions continue as three cargo vessels were struck by Iran in the Strait of Hormuz, affecting the flow of refined fuels like diesel, gasoline, and jet fuel [4]. - Economists express concerns that high energy prices could contribute to inflation and market volatility [4]. Group 4: Geopolitical Context - Geopolitical tensions remain high, with conflicting statements from U.S. President Donald Trump and Iran's Islamic Revolutionary Guard Corps regarding the status of the conflict [5]. - The Kremlin has proposed mediation options to help resolve the conflict, indicating ongoing diplomatic efforts [6].
Refiners Are Quiet Winners in 2026: Wall Street's Signals Are Hard to Ignore
247Wallst· 2026-03-11 15:25
Core Insights - U.S. refiners are experiencing significant earnings growth and institutional investment, driven by favorable refining margins and access to discounted crude oil [1] Group 1: Company Performance - Marathon Petroleum (MPC) reported Q4 adjusted EPS of $4.07, exceeding consensus by 50.18%, with refining margins at $18.65 per barrel and 95% crude utilization [1] - Phillips 66 (PSX) achieved a record 88% clean product yield and 99% crude utilization, raising its dividend for 14 consecutive years [1] - Valero Energy (VLO) set a record throughput of 3.1 million barrels per day in Q4, maintaining the highest institutional ownership at 87.8% [1] Group 2: Market Dynamics - The refining sector benefits from widened crack spreads due to lower crude feedstock costs, with WTI crude at $64.51 in February 2026, down from $75.74 a year prior [1] - Institutional investors are aggressively positioning in U.S. refiners, with stocks surging approximately 31% to 40% year-to-date as of March 11, 2026 [1] Group 3: Analyst Ratings vs. Institutional Action - Analyst consensus ratings for Marathon Petroleum include eight Holds, six Buys, and four Strong Buys, with an average price target of $202.50, while the stock trades near $225 [1] - Phillips 66 has a consensus target of $160.15, with the stock trading near $168, indicating a divergence between analyst targets and market performance [1] - Valero Energy's average analyst target is $202.72, while the stock has increased by 84.89% over the past year [1] Group 4: Investment Considerations - High institutional ownership and stocks trading above analyst price targets suggest that traditional buy/hold/sell frameworks may be less effective [1] - The operational leverage in a favorable crack spread environment and disciplined capital return programs are key factors driving institutional confidence [1]