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Oil Stocks Look Poised for Another Leg Higher
Zacks71d agoneutral
Oil Stocks Look Poised for Another Leg Higher

Peace talks between the US and Iran have again collapsed and oil stocks look ready to rally again. Marathon Petroleum, Valero Energy and Phillips 66 all boast top Zacks Ranks and strong price momentum.

IEO’s $0.55 quarterly dividend faces a critical test as oil prices hover near 12-month highs
24/7 Wall St.80d agoneutral
IEO’s $0.55 quarterly dividend faces a critical test as oil prices hover near 12-month highs

The iShares U.S. Oil & Gas Exploration & Production ETF (NYSEARCA:IEO) just paid a $0.55 distribution in March, the lightest quarterly payment since mid-2024. IEO holders are buying the aggregated dividend policies of America’s largest oil and gas producers, and those policies flex with the commodity. With WTI back above $112 per barrel in mid-May, ... IEO’s $0.55 quarterly dividend faces a critical test as oil prices hover near 12-month highs

Marathon Petroleum Expands Kazarian Role As Treasurer Over MPC And MPLX
Simply Wall St.81d agoneutral
Marathon Petroleum Expands Kazarian Role As Treasurer Over MPC And MPLX

Marathon Petroleum (NYSE:MPC) has appointed Kristina Kazarian as Treasurer, effective May 25. Kazarian’s role will cover both Marathon Petroleum and its master limited partnership, MPLX. The appointment expands her existing responsibilities in finance and investor relations at the company. Marathon Petroleum operates in the refining and midstream segments of the energy sector, areas that remain closely watched as fuel demand, capital spending, and logistics needs continue to evolve. With...