Marathon's midstream income covers the dividend even if refining margins cool.
Marathon Petroleum (NYSE: MPC) and Phillips 66 (NYSE: PSX) just reported fourth-quarter earnings that underscore why refiners are riding the energy sector’s extraordinary run. With the Energy Select ...
PSX, MPC and VLO stand out in oil refining as the industry outperforms despite volatile margins and a weaker earnings outlook ...
Marathon Petroleum (MPC) operates the largest heavy crude refinery in Louisiana at 606,000 barrels per day. The Garyville facility is positioned to capture 20% to 30% of increased Venezuelan oil ...
Marathon Petroleum remains a 'Strong Buy' despite a Q3 earnings miss, supported by robust cash flow and capital returns. MPC's refining segment underperformed expectations due to weaker crack spread ...
Marathon Petroleum (NYSE: MPC), the biggest U.S. refiner by volumes, topped the average analyst estimates for second-quarter earnings, on the back of increased refining margins which helped it reverse ...
The Liberia Petroleum Refining Company (LPRC) has categorically denied allegations circulating on social media accusing the company of collecting and mismanaging Government of Liberia (GOL) ...
CHONGQING, CHINA - JULY 31: In this photo illustration, a person holds a smartphone displaying the logo of Marathon Petroleum Corporation (NYSE: MPC). (Photo illustration by Cheng Xin/Getty Images) ...
As the U.S. takes control of Venezuela's oil flows following the capture of Nicolas Maduro, investors are sorting out which drillers stand to gain most from accessing the world's largest reserves. But ...
Nigeria is entering a decisive new phase in its energy history. For more than three decades, the country survived on the unstable foundation of imported petroleum products, an arrangement that left ...