Marathon Petroleum: Elevated Crack Spreads And Share Repurchases Make This Attractive
Marathon Petroleum's history goes back to the days of the Lima, Ohio oilfields. The outlook for the industry remains strong as crack spreads have remained elevated in 2023. The company has an aggre...
Marathon (MPC) Restarts Operation After Fire Incident
Marathon (MPC) plans to reduce capacity at its Garyville refinery in Louisiana after a recent fire incident. It is also working on bringing operations to normal levels.
Marathon (MPC) Shuts down Louisiana Oil Refinery Due to Fire
Marathon (MPC) announces the shutdown of its Garyville units, owing to a fire and naphtha leakage.
The Refinery Sector May Be Poised For Pullback
Refiners, companies that process energy commodities, have quietly outperformed the stock market this year. Bank of America downgraded the refinery sector, citing a shift in the risk-reward dynamic ...
Marathon (MPC) Q2 Earnings Top Despite a Plunge in Margins
In the second quarter, Marathon Petroleum (MPC) repurchased $3.1 billion of shares and a further $800 million worth of shares in July.
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