MPC Stock Recent News
MPC LATEST HEADLINES
Joe Terranova, Senior Managing Director for Virtus Investment Partners, joins CNBC's "Halftime Report" to detail his latest portfolio moves.
Marathon Petroleum (MPC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Marathon Petroleum (MPC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Marathon Petroleum (MPC) concluded the recent trading session at $177.54, signifying a +1.31% move from its prior day's close.
Investors are expecting top U.S. refiners to report higher second-quarter profits, bouncing back from losses during the first three months of the year as unseasonably strong diesel margins boost earnings.
Marathon Petroleum's Q1 loss was driven by planned maintenance and weak crack spreads, but the Q2 outlook is stronger with improved spreads and completed maintenance. MPC's extensive refining & midstream assets, especially MPLX, position it for long-term growth, with MPLX being the primary growth engine. Q1 midstream EBITDA grew 8%, and the company is allocating more capital to grow MPLX, which currently yields 7.6%, as compared to its Refining & Marketing Segment.
Recently, Zacks.com users have been paying close attention to Marathon Petroleum (MPC). This makes it worthwhile to examine what the stock has in store.
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
In the closing of the recent trading day, Marathon Petroleum (MPC) stood at $175.63, denoting a -2.35% move from the preceding trading day.
In the closing of the recent trading day, Marathon Petroleum (MPC) stood at $179.93, denoting a +1.97% move from the preceding trading day.