Marathon(MPC)

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Why This Beaten-Down Oil Stock Could Skyrocket 51% in 2025
MarketBeat· 2025-04-15 11:01
Over the past two weeks, the world has been shaken into a new paradigm as President Trump has rolled out an aggressive new plan for global trade through tariffs between the United States and its biggest trading partners. While reports suggest that most countries have approached the United States to negotiate the state of these tariffs, one loose end is still filling markets with uncertainty. And that country is China. Marathon Petroleum TodayMPCMarathon Petroleum$124.87 +1.44 (+1.17%) 52-Week Range$115.10▼ ...
Will Marathon Petroleum (MPC) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-04-08 17:15
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Marathon Petroleum (MPC) . This company, which is in the Zacks Oil and Gas - Refining and Marketing industry, shows potential for another earnings beat.This refiner has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past t ...
Marathon Petroleum: Unique Financial Position (Rating Upgrade)
Seeking Alpha· 2025-03-26 03:59
Core Insights - Marathon Petroleum Corporation (NYSE: MPC) operates with a unique business posture, particularly in its relationship with its transportation arm, MPLX [1] Company Overview - Marathon Petroleum has a well-operated transportation segment that complements its refining operations, which is often misunderstood by investors [1] Analyst Background - The article reflects the author's extensive experience in investment and process control engineering, providing a seasoned perspective on the market [1]
Marathon Petroleum (MPC) Stock Sinks As Market Gains: Here's Why
ZACKS· 2025-03-24 22:50
Marathon Petroleum (MPC) closed the most recent trading day at $148.68, moving -0.85% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 1.77%. At the same time, the Dow added 1.42%, and the tech-heavy Nasdaq gained 2.28%.Shares of the refiner witnessed a loss of 2.46% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 0.43% and outperforming the S&P 500's loss of 5.73%.Analysts and investors alike will be keeping a close ...
MPC Container Ships: A Good Buy That Might Get Better
Seeking Alpha· 2025-03-07 18:21
Core Insights - MPC Container Ships ASA has a dividend yield exceeding 20%, indicating strong cash flow generation and profitability [1] - The company's income statement suggests it is generating substantial profits, which may attract investor interest [1] Company Analysis - The company is involved in the container shipping industry, which has seen fluctuations in demand and profitability [1] - The high dividend yield may signal confidence in the company's financial health and future cash flow [1] Investment Perspective - The article reflects a positive sentiment towards MPC Container Ships ASA, highlighting its potential as an investment opportunity due to its financial performance [1]
Why Is Marathon Petroleum (MPC) Down 14.1% Since Last Earnings Report?
ZACKS· 2025-03-06 17:35
It has been about a month since the last earnings report for Marathon Petroleum (MPC) . Shares have lost about 14.1% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Marathon Petroleum due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Marathon Petroleum Tops Q4 Ear ...
Here's What Key Metrics Tell Us About Marathon Petroleum (MPC) Q4 Earnings
ZACKS· 2025-02-28 16:00
Core Insights - Marathon Petroleum (MPC) reported a revenue of $33.47 billion for the quarter ended December 2024, which is a decrease of 9.1% compared to the same period last year [1] - The company's EPS was $0.77, significantly lower than $3.98 in the year-ago quarter, but it exceeded the Zacks Consensus Estimate of $0.06, resulting in an EPS surprise of +1183.33% [1] Financial Performance - The reported revenue of $33.47 billion surpassed the Zacks Consensus Estimate of $30.72 billion, indicating a positive surprise of +8.93% [1] - Marathon Petroleum's stock has returned -1.3% over the past month, compared to a -2.4% change in the Zacks S&P 500 composite [3] Key Metrics - Net refinery throughput was 2,997 million barrels of oil per day, exceeding the average estimate of 2,915.01 million barrels per day from four analysts [4] - Crude oil refined was 2,783 million barrels of oil per day, higher than the estimated 2,655.02 million barrels per day from three analysts [4] - Adjusted EBITDA for Refining & Marketing was reported at $559 million, significantly above the average estimate of $188.32 million from two analysts [4] - Adjusted EBITDA for Midstream was $1.71 billion, slightly above the average estimate of $1.67 billion from two analysts [4]
Madison Pacific Properties Inc. announces the results for the four months ended December 31, 2024
Globenewswire· 2025-02-28 01:14
Core Viewpoint - Madison Pacific Properties Inc. reported a net income of $5.1 million for the four months ended December 31, 2024, a significant recovery from a net loss of $44.2 million for the previous year [4]. Financial Performance - The company transitioned its financial year-end from August 31 to December 31, with the current reporting period being a four-month transition year [2]. - Cash flows from operating activities before changes in non-cash operating balances were $3.6 million, compared to $11.4 million for the year ended August 31, 2024 [4]. - Earnings per share for the current period were $0.08, a turnaround from a loss per share of $0.74 in the previous year [4]. Investment Properties - As of December 31, 2024, the company owned approximately $724 million in investment properties, an increase from $708 million as of August 31, 2024 [5]. - The investment portfolio consists of 55 properties with around 1.9 million rentable square feet of industrial and commercial space, and a 50% interest in seven multi-family rental properties totaling 219 units [6]. - The leasing rates for the properties are high, with 94.71% of industrial and commercial space leased and 98.63% of multi-family residential properties leased [6]. Development Projects - The company has a 50% interest in the Silverdale Hills Limited Partnership, which owns approximately 1,406 acres of primarily residential designated development lands in Mission, British Columbia [6].
Marathon(MPC) - 2024 Q4 - Annual Report
2025-02-27 17:01
Regulatory Compliance and Environmental Impact - The company is subject to various regulatory measures regarding GHG emissions, which may lead to increased operational costs and capital expenditures for emission controls [81]. - The final rule issued by the EPA on December 2, 2023, requires the company to control and reduce methane emissions, necessitating additional investments [85]. - Compliance with California's Rule 1109.1 will result in increased operational costs for the Los Angeles Refinery due to new NOx and CO emission limits [88]. - The company maintains numerous pre-treatment and discharge permits under the CWA, which may incur future capital expenditures for compliance [89]. - The EPA's rule designating PFOS and PFOA as hazardous substances under CERCLA became effective on July 8, 2024, potentially impacting remediation costs [98]. - Legislative measures regarding GHG emissions are under consideration, which could impact the company's financial position and operational costs [83]. - California's Advanced Clean Cars II regulation bans the sale of internal combustion engine vehicles by 2035, influencing market dynamics [100]. - California's Low Carbon Fuel Standard (LCFS) aims for a 20% reduction in fuel carbon intensity by 2030, with potential amendments targeting a 30% reduction, which could increase compliance costs for the company [103]. - Climate change regulations could impose additional operational costs and affect demand for refined products [196]. - The company faces potential litigation related to climate change and ESG disclosures, which could impact financial condition [202]. - Societal and political pressures regarding carbon-based fuels may adversely affect the company's growth strategies and reputation [204]. - Increased regulation of hydraulic fracturing could lead to reduced U.S. crude oil and natural gas production, adversely affecting the company's results of operations [215]. Financial Performance and Market Conditions - Company operations are subject to volatile refining margins, which significantly impact financial results and cash flows [141]. - Refining and marketing margins have historically been volatile, influenced by crude oil prices and other feedstock costs [142]. - New U.S. tariffs on imported energy resources, including a 10% tariff on crude oil from Canada, may lead to increased market volatility [143]. - Significant variations in crude oil prices can adversely affect financial performance, with low prices potentially leading to supply constraints [177]. - A decrease in commodity prices can significantly impact working capital, cash flows, and liquidity due to longer payment terms for crude oil purchases [179]. - Rising interest rates could negatively affect share price and the ability to issue equity or incur debt for acquisitions [180]. - The refining and marketing industry is highly competitive, with competitors having advantages in feedstock supply and financial resources, which could impact the company's market position [160]. - Inflation increases could adversely affect the company's costs for labor, materials, and services, impacting overall financial performance [162]. Employee and Organizational Management - As of December 31, 2024, the company employed approximately 18,300 people, with about 3,800 covered by collective bargaining agreements [113]. - The company’s annual bonus program is tied to safety, environmental stewardship, and human capital management, promoting a culture of accountability [114]. - The company offers comprehensive benefits, including medical, dental, and vision insurance, retirement programs, and education assistance, to support employee well-being [118]. - The People Strategy focuses on attracting and retaining top talent, with specialized recruiting teams addressing diverse talent needs [115]. - Approximately 3,800 employees are covered by collective bargaining agreements, with potential for increased costs and labor disruptions affecting operations [217]. Cybersecurity and Technological Risks - Increasing dependence on information technology systems raises cybersecurity risks, which could impact operations and data integrity [153]. - Company has experienced cybersecurity events in the past, but these have not had a material adverse effect to date [155]. - The company faces significant risks from cybersecurity incidents that could adversely affect its reputation, business, financial condition, and cash flows [156]. - Increasing regulatory focus on data privacy could expose the company to lawsuits, investigations, and increased operational costs, potentially affecting its business [157]. - The integration of artificial intelligence technologies may present new business, compliance, and reputational risks, impacting financial results [158]. Capital Expenditures and Investments - The company anticipates additional capital expenditures to accommodate increased renewable fuel use, potentially decreasing demand for refined products due to electric vehicle mandates [104]. - MPLX's capital investment outlook for 2025 totals approximately $2.0 billion, including $1.7 billion for growth capital and $300 million for maintenance capital [409]. - The Refining & Marketing segment's forecasted 2025 capital spending is approximately $1.20 billion, which includes $100 million for low carbon initiatives [407]. - The company plans to invest approximately $5 million in the Renewable Diesel segment for 2025 [411]. - Major capital projects over the last three years included investments in natural gas and natural gas liquids infrastructure primarily in the Marcellus, Utica, and Permian regions [410]. Debt and Liquidity Management - The company has significant debt obligations, and any deterioration in its credit profile could harm its financial condition and cash flows [175]. - As of December 31, 2024, total debt obligations amounted to $27.80 billion, including $21.21 billion from MPLX and its subsidiaries [176]. - The company maintains an investment-grade credit profile, with senior unsecured debt ratings of Baa2 from Moody's and BBB from both Standard & Poor's and Fitch [391]. - As of December 31, 2024, the liquidity of MPC, excluding MPLX, totaled $6.79 billion, consisting of $5 billion from a bank revolving credit facility and $1.69 billion in cash and cash equivalents [386]. - MPLX's liquidity at December 31, 2024, was $5.02 billion, including $1.52 billion in cash and cash equivalents [397]. - The company had purchase obligations for crude oil, NGLs, and renewable feedstocks totaling $17.18 billion, with $14.50 billion payable within 12 months [419]. Legal and Regulatory Risks - Legal and regulatory risks are increasing, with substantial capital expenditures expected to meet evolving environmental laws [188]. - The approval process for storage and transportation projects has become increasingly challenging, potentially delaying or increasing costs for expansion or construction projects [205]. - The company may face significant legal liabilities related to environmental contamination and other operational issues, which could materially impact financial condition [216]. - The company is subject to ongoing litigation regarding trespass claims related to the Tesoro High Plains pipeline, which could affect operational capabilities [222]. - The company is subject to extensive tax liabilities, which could materially impact financial condition and results of operations due to changes in tax laws [231]. - Future acquisitions may present substantial risks, including integration challenges and potential increases in interest expense [231]. - The restated certificate of incorporation limits non-U.S. citizens' ownership of common stock to 23%, which may affect market liquidity [229]. - The company has provisions in its corporate governance documents that could delay or prevent changes in control, potentially impacting stockholder value [225].
Madison Pacific Properties Inc. (TSX: MPC and MPC.C) announces results of Annual General Meeting
Globenewswire· 2025-02-21 00:30
Core Points - Madison Pacific Properties Inc. held its Annual General Meeting on February 20, 2025, in Vancouver, British Columbia [1] - The company reported the voting results for the re-election of directors and approval of stock options [2] Voting Results - Sam Grippo received 4,566,711 votes (98.01%) in favor and 92,925 votes (1.99%) against - Michael W. Delesalle received 4,566,711 votes (98.01%) in favor and 92,925 votes (1.99%) against - Mark E. Elliott received 4,566,811 votes (98.01%) in favor and 92,825 votes (1.99%) against - Jonathan H. B. Rees received 4,659,411 votes (100.00%) in favor with 225 votes against - John DeLucchi received 4,552,534 votes (97.70%) in favor and 107,102 votes (2.30%) against [2] Stock Options Approval - Shareholders approved all unallocated stock options for a further period of three years with 4,552,434 votes (97.70%) in favor and 107,202 votes (2.30%) against [2] Auditor Re-appointment - PricewaterhouseCoopers LLP was re-appointed as the auditor for Madison Pacific Properties Inc. [3] Company Overview - Madison Pacific Properties Inc. is a Vancouver-based real estate company [3]