Marathon Petroleum Corporation (MPC) News

Marathon Petroleum Corporation (MPC)

Today's Latest Price: $42.91 USD

1.92 (4.68%)

Updated Dec 4 7:00pm

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Ranked of 97 in Energy - Oil & Gas

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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.

US oil refiner Marathon Petroleum cuts 12% of staff because of COVID-19

Marathon Petroleum Corp, the top US oil refiner, is cutting 12 per cent of its workforce amid continued declines in fuel consumption due to the COVID-19 pandemic, it said on Wednesday.

Channel NewsAsia | September 30, 2020

Top US oil refiner Marathon Petroleum to lay off 12per cent of workforce

REUTERS: Marathon Petroleum Corp , the largest U.S. oil refiner, said it would lay off about 2,050 employees, or 12per cent of its workforce, at …

Channel NewsAsia | September 30, 2020

Exclusive: Marathon Petroleum cutting at least 6% of refinery staff at nine U.S. plants | September 30, 2020

Marathon Petroleum begins widespread job cuts - Reuters

Marathon Petroleum (MPC) has started cutting employees at its U.S. operations, Reuters reports, amid weaker global demand for motor fuels due to the pandemic.About 60 salaried staff were let go by midday at Marathon's Galveston Bay refinery in Texas, and the operation may lose as many as 100 workers this...

Seeking Alpha | September 29, 2020

Marathon Petroleum, top U.S. refiner, begins widespread job cuts

Marathon Petroleum Corp , the largest U.S. oil refiner, began cutting jobs on Tuesday across the company, according to people familiar with the matter, as the COVID-19 pandemic sapped demand for motor fuels.

Reuters | September 29, 2020

The Distillate Crack Spread Is Sending A Message To Markets

The stock market’s price action, safe-haven buying in the dollar, and signs of risk-off price action in commodities in September is a warning sign for markets across all asset classes. A rising number of coronavirus cases in Europe could be the start of a second wave of the global pandemic...

Andrew Hecht on Seeking Alpha | September 28, 2020

Marathon Petroleum, MPLX to redeem senior notes

Marathon Petroleum ([[MPC]] -2.1%) and MPLX ([[MPLX]] -1.3%) announced to redeem $650M of MPC's 3.4% senior notes due December 2020, and $300M of MPLX's 6.25% senior notes due October 2022, including ~$34M of senior notes issued by Andeavor Logistics and Tesoro Logistics Finance.MPLX had previously announced that it intended to redeem...

Seeking Alpha | September 25, 2020

Mike Khouw Sees Unusual Options Activity In Marathon Petroleum

On CNBC's "Options Action," Mike Khouw said Marathon Petroleum Corp (NYSE: MPC ) has seen a lot of call activity over the last 20 days and the open interest in calls outpaces the open interest in puts … Full story available on

Benzinga | September 22, 2020

Marathon Petroleum to represent refinery owners in 2022 USW contract talks: official

Marathon 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.

Reuters | September 4, 2020

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

Seeking Alpha | September 1, 2020

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