Wall Street expects a year-over-year decline in earnings on lower revenues when Marathon Petroleum (MPC) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact 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 released on Nove ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Marathon Petroleum (MPC) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Marathon Petroleum currently has ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Marathon Petroleum (MPC) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Marathon Petroleum currently has an average brokerag ...

The most recent trading session ended with Marathon Petroleum (MPC) standing at $161.49, reflecting a +1.82% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily gain of 0.75%. Meanwhile, the Dow experienced a rise of 0.58%, and the technology-dominated Nasdaq saw an increase of 1%. Heading into today, shares of the refiner had lost 11.42% over the past month, lagging the Oils-Energy sector's loss of 4.12% and the S&P 500's gain of 4.03% in that time. ...

Marathon Petroleum Corporation (MPC) , a Findlay, OH-based company specializing in oil and gas refining and marketing, recently obtained a revised air permit for its Detroit refinery from Michigan's environmental agency. This development marks a significant operational shift for the refinery, which had been subject to stringent production limits. The updated permit allows for increased crude oil throughput, setting the stage for enhanced production capabilities while maintaining a focus on environmental res ...

FINDLAY, Ohio, Sept. 6, 2024 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call on Tuesday, November 5, 2024, at 11 a.m. EST to discuss 2024 third-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 information, including the earnings release and other investor-related material, will also be available online prio ...

CaraMaria/iStock via Getty Images Investment Thesis MPC Container Ships (OTCPK:MPZZF) recently reported another strong quarter. Its Q2 eamings were $84 million on revenues of $131 million. It declared a $0.10 dividend, the 11th in a row, bringing its yield to about 28%. 76 percent of 2025 and 42 percent of 2026 are already fixed at reasonably good rates. Since I took up coverage of MPZZF in Q4 2023, the company has continued executing its fleet optimization strategy. This has resulted in a relatively new fl ...

Marathon Petroleum (MPC) ended the recent trading session at $171.75, demonstrating a -1.19% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.16% for the day. Meanwhile, the Dow experienced a rise of 0.09%, and the technology-dominated Nasdaq saw a decrease of 0.3%. Shares of the refiner witnessed a gain of 1.71% over the previous month, beating the performance of the OilsEnergy sector with its gain of 0.93% and underperforming the S&P 500's gai ...

Marathon Petroleum Corporation (MPC) is a major player in the U.S. petroleum industry, handling refining, marketing and transporting petroleum products. With a significant presence in key regions, including the Gulf Coast, Midwest and West Coast, MPC operates a highly integrated refining system that efficiently processes crude oil into a wide range of products, including gasoline, diesel, jet fuel and petrochemicals. The company's extensive network of assets, including refineries, pipelines and storage faci ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Marathon Petroleum (MPC) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Marathon Petroleum currently has an average brokerag ...