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Marathon Petroleum Corp. to Report Second-Quarter Financial Results on August 5, 2025
Prnewswire· 2025-06-05 21:25
FINDLAY, Ohio, June 5, 2025 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call on Tuesday, August 5, 2025, at 11 a.m. EDT to discuss 2025 second-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 prior t ...
Why Is Marathon Petroleum (MPC) Up 8.5% Since Last Earnings Report?
ZACKS· 2025-06-05 16:36
A month has gone by since the last earnings report for Marathon Petroleum (MPC) . Shares have added about 8.5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Marathon Petroleum due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Th ...
Electra Completes Feasibility Level Study on Battery Recycling Facility
Globenewswire· 2025-06-05 11:00
Core Viewpoint - Electra Battery Materials Corporation has completed a feasibility level Class 3 Engineering Study for a modular battery recycling facility, which will enhance North America's battery materials supply chain and energy security [1][4]. Facility and Process - The new facility will recover lithium, nickel, cobalt, manganese, and graphite from lithium-ion battery manufacturing scrap and end-of-life batteries using a proprietary hydrometallurgical process validated through a year-long pilot program [2][5]. - The next phase will involve operating the recycling process under continuous conditions to simulate commercial-scale throughput, funded in part by Natural Resources Canada [3]. Strategic Integration - The cobalt recovered will directly feed into Electra's adjacent cobalt sulfate refinery, which is under advanced construction, thereby creating a closed-loop supply chain for battery materials [4][5]. - Electra's partnership with Aki Battery Recycling ensures a reliable supply of black mass feedstock, supporting both near-term and long-term commercial ambitions [6][13]. Collaboration and Market Engagement - Electra plans to present the engineering study results to downstream partners, including battery manufacturers and OEMs, to determine the optimal scale and timing of the facility [7]. - The study was completed in partnership with Green Li-ion, leading to proprietary improvements that enhance Electra's competitive position in the recycling value chain [8]. National Security and Strategic Minerals - Electra supports North American energy independence amid global competition, particularly against China's dominance in critical mineral processing [9][10]. - The integrated black mass refining program aligns with strategic priorities in Canada and the U.S., emphasizing the importance of cobalt in various applications, including electric vehicles and military-grade batteries [10][11]. Economic and Community Impact - The collaboration with Aki Battery Recycling not only secures a sustainable supply of raw materials but also provides economic benefits to Indigenous communities [6][13][14]. - Electra is committed to building a resilient and inclusive battery materials supply chain in North America, aligning innovation with sustainability and Indigenous economic development [7][14].
Is RGC Resources (RGCO) Stock Outpacing Its Oils-Energy Peers This Year?
ZACKS· 2025-06-04 14:46
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Is RGC Resources Inc. (RGCO) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.RGC Resources Inc. is a member of our Oils-Energy group, which includes 245 different companies and currently sits at #16 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different g ...
Here's Why Retain Strategy Is Apt for Delek US Stock Now
ZACKS· 2025-06-03 13:06
Key Takeaways DK aims for $120 million in annual cash flow gains by late 2025 through its Enterprise Optimization Plan. Midstream deconsolidation has improved liquidity by $250 million and could unlock hidden value in DKL. DK bought back $32 million in shares and paid $16 million in dividends despite Q1 margin pressures. Delek US Holdings, Inc. (DK) operates as a prominent entity within America’s downstream energy landscape, focusing on both refining and logistics. The company transforms crude oil into cr ...
The Cigna Group Announces Appointment of Michael J. Hennigan to Board of Directors
Prnewswire· 2025-06-02 20:30
BLOOMFIELD, Conn., June 2, 2025 /PRNewswire/ -- Global health company The Cigna Group (NYSE:CI) announced today that Michael J. Hennigan has been appointed to the organization's Board of Directors. His appointment is effective June 2.Mr. Hennigan is the Executive Chairman of Marathon Petroleum Corporation (MPC), an integrated downstream energy company, and MPLX, a diversified master limited partnership formed by MPC. He joined the company in 2017 and previously held the roles of Chief Executive Officer of M ...
4 Refining & Marketing Stocks to Watch as Margins Stay Tight
ZACKS· 2025-05-30 14:51
The Zacks Oil and Gas - Refining & Marketing industry is standing at a crossroads. On paper, things look solid—refined product inventories are tight, demand for gasoline and diesel is up, and long-term fundamentals remain constructive. Yet, refining margins tell a different story. Despite favorable supply-demand dynamics, market sentiment remains shaky. Concerns around economic slowdown and regulatory uncertainty, particularly in renewable diesel, have weighed on valuations and earnings expectations. Still, ...
Par Pacific Holdings:帕太平洋控股公司(PARR):在近期相对和绝对表现后评级下调至中性;偏好买入评级的VLO、MPC、DINO-20250530
Goldman Sachs· 2025-05-30 02:35
28 May 2025 | 4:05AM EDT Par Pacific Holdings (PARR) Lower to Neutral After Recent Relative and Absolute Performance; Prefer Buy-Rated VLO, MPC, DINO | PARR | | --- | | 6m Price Target: $19.00 | | Price: $22.47 | | Downside: 15.4% | Following recent share outperformance, we are downgrading Par Pacific Holdings (PARR) from Buy to Neutral. While we remain constructive on the refining sector (supported by increased OPEC+ production and tightening refining supply/demand dynamics), we continue to be selective in ...
Thai Oil:泰国石油2025年AIC:清洁燃料项目和评级为主要讨论话题-20250529
Ubs Securities· 2025-05-29 05:45
Investment Rating - The report assigns a "Buy" rating for Thai Oil with a 12-month price target of Bt32.00, while the current price is Bt30.00 [5][26]. Core Insights - Thai Oil is focused on maintaining the budget and timeline for its Clean Fuel Project (CFP), with an investment budget of US$1.8 billion and a completion target by Q328 [2]. - The company is actively communicating with credit rating agencies to address concerns regarding the execution of the CFP, debt management, and support from its parent company, PTT [3]. - The capital expenditure (CAPEX) from 2025 to 2029 will primarily be allocated to the CFP, with expected cash flows from operations between US$1.2 billion to US$1.7 billion [4]. Financial Metrics - Revenue projections show a decline from Bt529.6 billion in 2022 to an estimated Bt372.9 billion in 2025, followed by a gradual increase to Bt588.3 billion by 2029 [8]. - The estimated diluted EPS for 2025 is Bt4.81, with a slight decrease to Bt4.65 in 2026, and a recovery to Bt4.78 in 2027 [6]. - The net debt to EBITDA ratio is projected to be 5.8x for 2025, indicating a high level of leverage [5]. Market Performance - The average daily trading volume is approximately 23.6 million shares, with a market capitalization of Bt67.0 billion (US$2.05 billion) [5]. - The forecasted stock return is 10.7%, combining a price appreciation of 6.7% and a dividend yield of 4.0% [9]. Company Overview - Thai Oil operates a refinery with a capacity of 275,000 barrels per day, accounting for 25% of Thailand's total refining capacity, and has a high upgrading capacity-to-refining capacity ratio of 56% [10].
Delek US Holdings: Still Value In A Risky SOTP
Seeking Alpha· 2025-05-27 16:44
For years now, there's been a deep value/sum of the parts play for refiner Delek US Holdings (NYSE: DK ) stock. The core of the thesis is simple: Delek's stake in midstream play Delek Logistics Partners ( DKL ) accounts forI've been contributing to Seeking Alpha and other investment websites since 2011, with a general (though far from rigid) focus on value over growth. I got my Series 7 and 63 back in 1999, and watched the dot-com bubble peak and then burst in real time at a small, tech-focused retail broke ...