Marathon Petroleum Corporation (MPC) News
Marathon Petroleum Corporation (MPC)
Today's Latest Price: $32.12 USD
Updated Sep 17 6:40pm
Add MPC to WatchlistSign Up
POWR Components:
Trade Grade Buy & Hold Grade Peer Grade Industry Rank
Industry Rank:
Ranked of 97 in Energy - Oil & Gas
See all "A" rated Strong Buy stocks
Filter MPC News Items
MPC News Results
| Event/Time | Symbol | Company | News Detail | Start | End | Change | POWR Rating | ||
|---|---|---|---|---|---|---|---|---|---|
| Loading, please wait... | |||||||||
Latest MPC News From Around the Web
Below are the latest news stories about Marathon Petroleum Corp that investors may wish to consider to help them evaluate MPC as an investment opportunity.
Where to Find Bargains in Oil Stocks NowOil prices are poised to register their second straight weekly decline, the first time the commodity has been down for two consecutive weeks since April. This past week, the exchange-traded fund (ticker: XOP) is down 12%. “The decline is triggered by a series of unfortunate events: a surge in Covid-19 cases worldwide, the end of the peak summer driving season, the slowdown of the Chinese crude importing machine, and major producers trimming the official selling prices to Asia as refinery margins worsen,” wrote Paola Rodríguez-Masiu, an analyst at Rystad Energy. |
Marathon Petroleum to represent refinery owners in 2022 USW contract talks: officialMarathon Petroleum Corp has agreed to be the lead company in 2022 talks with the United Steelworkers union (USW) for a new national agreement covering U.S. refinery and chemical workers, said a USW official. |
Marathon Petroleum to represent refinery owners in 2022 USW contract talks -officialMarathon Petroleum Corp has agreed to be the lead company in 2022 talks with the United Steelworkers union (USW) for a new national agreement covering U.S. refinery and chemical workers, said a USW official. Marathon, the largest U.S. refiner, will replace Royal Dutch Shell Plc because of changes in the industry over the past decade, said Mike Smith, chair of the USW’s National Oil Bargaining Program. |
The Zacks Analyst Blog Highlights: PBF Energy, Valero Energy, Phillips 66, Marathon Petroleum and Royal Dutch ShellThe Zacks Analyst Blog Highlights: PBF Energy, Valero Energy, Phillips 66, Marathon Petroleum and Royal Dutch Shell |
Marathon Petroleum To Redeem $475M Senior Notes Due 2022Marathon Petroleum (MPC) has announced that it has issued notices of redemption to redeem all of the $475 million outstanding aggregate principal amount of its 5.375% senior notes due Oct. 1, 2022.This includes the notes for which Andeavor LLC, a wholly-owned subsidiary of MPC, is the obligor. The 2022 senior notes are expected to be redeemed on Oct. 1, 2020, at a price equal to par.According to MPC, the regular semi-annual interest payment due on the 2022 senior notes on Oct. 1, 2020, will be paid as usual to holders of record at the close of business on Sept. 15, 2020.Shares in the downstream energy company have plunged 42% year-to-date, and analysts have a cautiously optimistic Moderate Buy consensus on the stock’s outlook. That’s with an average analyst price target of $47, indicati... |
Marathon Petroleum to redeem $475M notes due 2022 (NYSE:MPC)Marathon Petroleum (NYSE:MPC) announces redemption of $475M outstanding 5.375% senior notes due Oct. 2022. The notes will be redeemed at par with semi-annu |
Marathon Petroleum Corp. announces redemption of outstanding 5.375% senior notes due 2022Marathon Petroleum Corp. (NYSE: MPC) today announced that it has issued notices of redemption to redeem all of the $475 million outstanding aggregate principal amount of its 5.375% senior notes due Oct. 1, 2022, including the portion of such notes for which Andeavor LLC, a wholly-owned subsidiary of MPC, is the obligor. The 2022 senior notes are expected to be redeemed on Oct. 1, 2020, at a price equal to par. The regular semi-annual interest payment due on the 2022 senior notes on Oct. 1, 2020, will be paid in the usual manner to holders of record at the close of business on Sept. 15, 2020. |
Marathon Petroleum: Speedway Is Changing The GameSource: Yahoo finance Investment Thesis The independent US refiner and marketer, Ohio-based Marathon Petroleum (MPC), released its second quarter 2020 results on August 3, 2020. The company was impacted positively by the Retail and Midstream segments this quarter. The picture was not so great, as we will see later in... |
Seven & i Holdings Doubles Down On U.S. Strategy With Speedway DealBelieving it to be the company's most important driver of future growth, Seven & i Holdings (SVNDF) (SVNDY) has been expanding its U.S. operations for more than a decade, snapping up various convenience store chains and developing its supply chain in the U.S. For example, in what was one of... |
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Marathon Petroleum, Phillips 66, HollyFrontier Corp., Exxon Mobil and Valero EnergyThe Zacks Analyst Blog Highlights: Royal Dutch Shell, Marathon Petroleum, Phillips 66, HollyFrontier Corp., Exxon Mobil and Valero Energy |
