Marathon Petroleum Stock News

FINDLAY, Ohio , Oct. 31, 2024 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) today announced that Jeffrey C. Campbell has been elected to the company's board of directors effective November 11, 2024.

FINDLAY, Ohio , Oct. 30, 2024 /PRNewswire/ -- The board of directors of Marathon Petroleum Corp. (NYSE: MPC) has declared a dividend of $0.91 per share on common stock, an increase of 10% over its previous dividend of $0.825 per share. The dividend is payable Dec. 10, 2024, to shareholders of record as of the close of business Nov. 20, 2024.

Over each quarterly announcement coming from companies, investors tend to focus a lot on the net earnings per share (EPS) figure and not a lot on metrics that matter – arguably – just as much. Today, investors have an additional insight into a select few companies that show aggressive new share buyback programs approved by management teams in recent months.

Oil stocks are looking to move higher, with Halliburton in the mix.

Favored names expected to continue gushing cash include Devon, Halliburton and Schlumberger.

Marathon Petroleum and the Teamsters union, which represents refinery workers in Detroit, Michigan, are at a standstill as negotiations for a new labor agreement stagnate and the strike at the plant enters its third week.

FINDLAY, Ohio , Sept. 6, 2024 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call on Tuesday, November 5, 2024, at 11 a.m.

Marathon Petroleum Corporation's strong midstream business and substantial shareholder returns make it a valuable investment opportunity despite core business volatility. The company boasts impressive financial strength, returning $3.2 billion to shareholders and reducing its share count by 50% since mid-2021. Marathon Petroleum generates robust cash flow, supporting a nearly 15% dividend yield...