Marathon Petroleum Tops Q4 EPS by 98c
Marathon Petroleum (MPC) reported Q4 EPS of $6.65, $0.98 better than the analyst estimate of $5.67. Revenue for the quarter came in at $40.09 billion versus the consensus estimate of $34.27...
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Marathon Petroleum News & Analysis
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Marathon Petroleum earnings beat by $0.98, revenue topped estimates
Investing.com - Marathon Petroleum (NYSE: MPC) reported fourth quarter EPS of $6.65, $0.98 better than the analyst estimate of $5.67. Revenue for the quarter came in at $40.09B versus the...
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Dow, Nasdaq, and S&P 500 2022 winners and losers: energy, tech lead the way
By Daniel Shvartsman Investing.com -- Entering the last trading day of the year, it's no surprise to find the 2022 scoreboard filled with energy winners and tech losers.The Dow Jones...
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Stock market today: Dow stumbles as strong data keeps Fed fears alive
By Yasin Ebrahim Investing.com -- The Dow slumped Monday as fresh data pointing to strength in the economy and further signs of inflation pressures stoked concerns about higher for longer...
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S&P 500 slumps as stronger services data stokes hawkish Fed fears
By Yasin Ebrahim Investing.com -- The S&P 500 slumped Monday as further data pointing to further signs of inflation pressures weighed on sentiment ahead of the Federal Reserve’s meeting next...
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Stock market today: Dow up as dip buyers shrug off fed fears amid strong jobs data
By Yasin Ebrahim Investing.com -- The Dow ended higher Friday, cutting losses on dip-buying momentum in the close after shrugging off a red-hot jobs report that could encourage the Federal...
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Uber, Pfizer, Tesla, Carvana Rise Premarket; Eli Lilly Falls
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Tuesday, November 1st. Please refresh for updates. Uber (NYSE:UBER) stock soared 10.4% after the ride-hailing firm...
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Marathon Petroleum Tops Q3 EPS by 115c
Marathon Petroleum (MPC) reported Q3 EPS of $7.81, $1.15 better than the analyst estimate of $6.66. Revenue for the quarter came in at $47.24 billion versus the consensus estimate of $36.25...
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Marathon Petroleum earnings, Revenue beat in Q3
Investing.com - Marathon Petroleum (NYSE:MPC) reported on Tuesday third quarter {{erl-13947||earnings that beat analysts' forecasts and revenue that topped expectations. Marathon Petroleum...
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Stock Market Today: Dow Rides Stronger Earnings to Close Higher
By Yasin Ebrahim Investing.com -- The Dow closed higher Tuesday, as better-than-expected quarterly results continued to support sentiment on stocks for the second-straight day, though...
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S&P 500 Rises as Strong Earnings Spark Rally
By Yasin Ebrahim Investing.com -- The S&P 500 rallied Tuesday, as better-than-expected quarterly results continued to support sentiment on stocks for the second-straight day. The S&P 500...
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Stock Market Today: Dow Racks Up Gains Amid Plunging Treasury Yields
By Yasin Ebrahim Investing.com -- The Dow closed higher as the Bank of England’s intervention calmed investor worries, triggering a slump in U.S. Treasury yields and stoking investor...
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S&P 500 Rides Slump in U.S. Treasury Yields Higher
By Yasin Ebrahim Investing.com -- The S&P 500 rebounded from its recent malaise, supported by a fall in Treasury yields after the Bank of England’s intervention calmed investor worries. The...
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Stock Market Today: Dow Ends Wild Ride in Red as Bears Strengthen Grip
By Yasin Ebrahim Investing.com -- The Dow slipped further into bear-market territory Tuesday, as investors continue to digest a wave of remarks from Federal Reserve members pointing to...
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S&P 500 Stumbles as Tech Struggles to Hold Gains
By Yasin Ebrahim Investing.com -- The S&P 500 fell Tuesday, after struggling to hold onto gains as investors remained wary of making big bets on stocks just as data pointing to a stronger...
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Stock Market Today: Dow Bears Sharpen Claws as Recession Fever Spikes
By Yasin Ebrahim Investing.com -- The Dow closed sharply lower on the week and briefly fell into bear-market territory Friday as investors fret about the potential of a deeper and darker...
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Dow Plunges into Bear Market as Recession Fears Rattle Investors
By Yasin Ebrahim Investing.com -- The Dow plunged to a new low for the year and into bear-market territory on Friday as the post-Federal Reserve wave of selling intensified led by a rout in...
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Stock Market Today: Dow Ends Lower as Post-Fed Stumble Continues
By Yasin Ebrahim Investing.com -- The Dow cut some losses Thursday, but remained firmly in the red as growth sectors of the market including consumer and tech stocks floundered on fears that...
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Pinterest, Uber, Cowen Rise Premarket; Caterpillar, DuPont Fall
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Tuesday, August 2nd. Please refresh for updates. Pinterest (NYSE:PINS) stock soared 18.2% after activist investor...
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Marathon Petroleum Tops Q2 EPS by $1.90
Marathon Petroleum (NYSE:MPC) reported Q2 EPS of $10.61, $1.90 better than the analyst estimate of $8.71. Revenue for the quarter came in at $54.24 billion versus the consensus estimate of...
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Marathon Petroleum earnings, Revenue beat in Q2
Investing.com - Marathon Petroleum (NYSE:MPC) reported on Tuesday second quarter {{erl-13947||earnings that beat analysts' forecasts and revenue that topped expectations. Marathon...
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Q2 Earnings Season Should Be a Negative Catalyst for Equities - Morgan Stanley
By Senad Karaahmetovic A Morgan Stanley strategist says the ongoing Q2 earnings season is likely a negative catalyst for equities in the coming weeks. The strategist is “skeptical” that...
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Q2 Could be One of the Strongest Quarters in Exxon's History - Credit Suisse
By Senad Karaahmetovic Exxon Mobil (NYSE:XOM) could deliver a monster quarter, according to Credit Suisse (SIX:CSGN) analyst Manav Gupta. The analyst reiterated an Outperform rating...
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Energy Stocks Fall Amid Pressure to Raise Production
By Liz Moyer Investing.com -- Energy was the S&P 500's worst-performing sector on Wednesday as the Biden administration put pressure on company CEOs to expand their refinery capacity amid...
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Refiners Led by Exxon Face Biden’s Wrath as Profits Explode
(Bloomberg) -- Exxon Mobil Corp (NYSE:XOM)., Marathon Petroleum Corp (NYSE:MPC). and the other top US oil refiners are on course to reap a combined $10 billion in profits this quarter...
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Credit Suisse Highlights Top Oil Stock Calls as EU Moves to Ban Most Russian Oil Imports by Year-End
Credit Suisse (SIX:CSGN) energy analyst Manav Gupta weighed in on his favorite stock calls as the EU agreed to ban most Russian oil imports by the end of the year. Gupta notes the...
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Marathon Petroleum earnings, Revenue beat in Q1
Investing.com - Marathon Petroleum (NYSE:MPC) reported on Tuesday first quarter {{erl-13947||earnings that beat analysts' forecasts and revenue that topped expectations. Marathon Petroleum...
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Marathon Petroleum Tops Q1 EPS by 56c
Marathon Petroleum (NYSE:MPC) reported Q1 EPS of $1.49, $0.56 better than the analyst estimate of $0.93. Revenue for the quarter came in at $38.38 billion versus the consensus estimate of...
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Energy Shares Weaker amid Talk US to Release Reserves, Oil Drops
By Dhirendra Tripathi Investing.com – Shares of energy companies were in the red in Thursday’s trade amid reports that the U.S. plans a release of up to 180 million barrels from...
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Marathon Petroleum earnings, Revenue beat in Q4
Investing.com - Marathon Petroleum (NYSE:MPC) reported on Wednesday fourth quarter {{erl-13947||earnings that beat analysts' forecasts and revenue that topped expectations. Marathon...
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S&P 500 Shines in Comeback Rally for Tech
By Yasin Ebrahim Investing.com – The S&P 500 racked up gains on the last day of trade for January, led by tech and consumer discretionary stocks as investors looked ahead to a busy week of...
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S&P 500 in Rally Mode as Tech Continues Comeback
By Yasin Ebrahim Investing.com – The S&P 500 rallied Monday as the comeback in tech and consumer discretionary stocks continued, led by gains in Tesla and Netflix ahead of busy week of...
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Oil Trims Weekly Gain as Thin Trading Volumes Boost Volatility
(Bloomberg) -- Brent oil fell as as trading volumes thinned moving into the holiday period, but was still heading for a weekly gain on signs that the omicron variant of the virus may be less...
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Oil Shares Drop as New Virus Strain Stokes Fears of Recovery Hobbling
By Dhirendra Tripathi Investing.com – Shares of energy companies traded sharply lower Friday as oil crashed more than 10% amid fears that a new strain of the coronavirus could halt the...
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Refiners Slip as Biden Asks FTC to Probe Firms For High Pump Prices
By Dhirendra Tripathi Investing.com – Shares of refiners trended lower Wednesday after President Joe Biden ordered Federal Trade Commission to redouble probe of energy companies for possible...
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Marathon Petroleum earnings, Revenue beat in Q3
Investing.com - Marathon Petroleum (NYSE:MPC) reported on Tuesday third quarter {{erl-13947||earnings that beat analysts' forecasts and revenue that topped expectations. Marathon Petroleum...
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Oil Shares Follow Hurricane Ida, Weaken Ahead of OPEC’s Output Raise
By Dhirendra Tripathi Investing.com – Shares of oil companies traded lower Monday as Hurricane Ida weakened and members of oil cartel OPEC+ meet Wednesday to discuss a scheduled...
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Marathon Petroleum earnings, Revenue beat in Q2
Investing.com - Marathon Petroleum (NYSE:MPC) reported on Wednesday second quarter {{erl-13947||earnings that beat analysts' forecasts and revenue that topped expectations. Marathon...
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Zoom, Facebook and Delta Air Lines Fall Premarket
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Monday, July 19th. Please refresh for updates. Zoom Video Communications (NASDAQ:ZM) stock fell 2.2% after the...
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Oil Shares Fall On Growth Worries, OPEC Output Direction
Dhirendra Tripathi Investing.com – Shares of energy companies were weaker Thursday as worries over global economic growth come back in the face of a raging Delta variant. Chevron...
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Oil Majors Fall Amid Strengthening Dollar
By Dhirendra Tripathi Investing.com – Shares of integrated oil companies as well as standalone refiners and marketers fell Friday as the dollar strengthened and so did crude prices even...
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Energy Majors Gain Premarket as Oil Rallies
By Dhirendra Tripathi Investing -- Shares of energy majors were trading higher in Tuesday’s premarket, as indications of an accelerating economic recovery in large economies propelled oil...
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Dow Slips as Wall Street Continues to Back Value Over Growth
By Yasin Ebrahim Investing.com – The Dow cut some losses Monday as investor bets on cyclical stocks against growth stocks continued amid fears inflation could force the Federal Reserve into...
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Marathon Jumps On Plan to Buy $10 Billion of Its Shares
By Dhirendra Tripathi Investing.com – Marathon Petroleum (NYSE:MPC) shares rose more than 4% Friday following the company’s decision to use cash from the sale of its Speedway fuel retail...
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Oil Giants Slump Despite Hope Colonial Pipeline Back Online By Weekend
By Dhirendra Tripathi Investing.com – Shares of oil giants Chevron (NYSE:CVX), ExxonMobil (NYSE:XOM) and Royal Dutch Shell (NYSE:RDSa) slumped Tuesday even though fears about a prolonged...
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UPDATE 2-Marathon Petroleum posts smaller-than-expected loss as refining margins improve
(Compares with estimates, adds details on refining margin, background)May 4 (Reuters) - U.S. refiner Marathon Petroleum Corp (NYSE:MPC) MPC.N reported a smaller-than-expected first quarter...
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