Marathon Petroleum Stock News

Marathon Petroleum shares have dropped 25% from their 52-week high due to concerns over the health of the refining cycle. Despite recent pressure on shares from narrowing crack spreads, refining margins are still solid and may be near a bottom. MPC's strong free cash flow capacity, share repurchases, and potential hurricane-related catalysts point to significant upside potential, leading me to ...

A decline in margins has weighed on refining stocks

The energy sector underperformed the S&P500 in Q2 2024, continuing a trend that started earlier, and this is likely to continue heading into H2 2024. There are a number of factors that seem to be weighing on the energy sector, although some stocks are affected more than others. Crude oil is hemmed in between two opposing forces, which are both trying to impose their influence on prices.

When investors consider the main ways to get their money back from an investment and a reasonable return on that initial investment, the average retail investor thinks of two main approaches. First is the classic ‘buy low and sell high' approach, which means someone sold stock at a profit and created a taxable event for those capital gains.

No matter how much wealth you accrue, everyone loves a discount. That goes for the equities market as well.

FINDLAY, Ohio , June 11, 2024 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call on Tuesday, August 6, 2024, at 11 a.m. EDT to discuss 2024 second-quarter financial results.

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering large discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.5%, w...

Major U.S. fuel makers returned billions in capital to shareholders in the first quarter and boosted share repurchase programs, even as refining margins softened from recent records and utilization rates fell.