News

Marathon Petroleum reported stronger than expected first quarter results, highlighting solid profitability from its refining operations. The company expanded its share repurchase authorization by $5b, signaling a larger capital return program for shareholders. Recent and planned refinery optimization projects were outlined as key drivers of operating performance and margins. For investors watching NYSE:MPC, the latest update comes after a strong run in the stock, with shares at $245.78 and...

Companies in The News Are: MPC,EDIT,BUD,AEP

The closure of the Strait of Hormuz has made Persian Gulf crude oil and energy products effectively inaccessible, sending ripple effects through global fuel markets. Countries are imposing fuel rationing, and refiners must now decide which fuels to prioritize. Marathon Petroleum Corporation (MPC) is a stock to watch, notes Tim Plaehn, editor of The Dividend Hunter.

Moby summary of Marathon Petroleum Corporation's Q1 2026 earnings call

Late in the first quarter, geopolitical events tightened global markets, disrupted trade flows, and drove global cracks higher. While estimates vary, we believe approximately 6 million barrels per day, representing close to 6% of global refined products capacity has come offline during the conflict in the Middle East.

Energy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index rising 0.5% and the S

Markets Await New Home Sales Data

Marathon Petroleum Corp. (NYSE:MPC) delivered first-quarter results that exceeded analyst forecasts, posting adjusted earnings per share of $1.

Early trading behaves as if cooler heads will prevail in the Strait of Hormuz -- and earnings results still matter.

OIl prices jumped on Iran news. Diamondback Energy, Transocean and Tidewater prepare to report earnings. The oil stocks traded near highs.