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Zacks News
Marathon Petroleum Decides Against Speedway Unit Spin-Off
by Zacks Equity Research
Marathon Petroleum's (MPC) decision to retain its Speedway stores will help the company in generating long-term returns for shareholders.
Oil & Gas Stock Roundup: Gasoline Soars Amid MPC's Drop-Down Deal, NBR's Acquisition
by Nilanjan Choudhury
With refinery activity along the Gulf Coast remaining affected from the impact of Hurricane Harvey, gasoline rallied to a two-year high.
Marathon Petroleum (MPC) Vends $1.05 Billion Assets to MPLX
by Zacks Equity Research
In a bid to accelerate shareholders' value and optimize portfolio, Marathon Petroleum (MPC) divested assets to MPLX for $1.05 billion in a cash and stock deal.
The Zacks Analyst Blog Highlights: Exxon Mobil, Royal Dutch Shell, Marathon Petroleum, Valero Energy and Range Resources
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Exxon Mobil, Royal Dutch Shell, Marathon Petroleum, Valero Energy and Range Resources
The Zacks Analyst Blog Highlights: Exxon Mobil, Royal Dutch Shell, Valero Energy, Marathon Petroleum and ConocoPhillips
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Exxon Mobil, Royal Dutch Shell, Valero Energy, Marathon Petroleum and ConocoPhillips
Will GoM Oil Refiners, Drillers Survive the Harvey Mayhem?
by Zacks Equity Research
Harvey is still dumping heavy rain and has disrupted operations at many key refineries and oil & gas production sites in the GoM area.
EIA Reports a Sixth-Straight Weekly Drop in Crude Supplies
by Nilanjan Choudhury
The U.S. Energy Department's inventory release showed that crude stockpiles declined for the sixth straight week, continuing to drag down the overall surplus.
Can Andeavor (ANDV) Pull A Surprise This Earnings Season?
by Zacks Equity Research
Successful completion of Western Refining's buyout is expected to cushion the effects of improving price scenario for the downstream operator Andeavor (ANDV) in Q2.
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Chevron, ExxonMobil, ConocoPhillips and Marathon Petroleum
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Chevron, ExxonMobil, ConocoPhillips and Marathon Petroleum
Oil & Gas Stock Roundup: Shell, Chevron Report Strong Q2, Exxon Misses
by Nilanjan Choudhury
Integrated majors Royal Dutch Shell (RDS.A) and Chevron (CVX) came up with strong Q2 but the world's largest publicly traded oil producer ExxonMobil (XOM) fell short of estimates.
Marathon Petroleum (MPC) Q2 Earnings Miss as Cost Increases
by Nilanjan Choudhury
Higher costs and low refining margins spoiled the quarter for Marathon Petroleum (MPC).
Marathon Petroleum (MPC) Q2 Earnings, Revenue Miss Estimate
by Zacks Equity Research
Low refining margins spoiled the quarter for Marathon Petroleum (MPC).
Marathon Petroleum (MPC) Q2 Earnings: What's in the Cards?
by Zacks Equity Research
Higher Brent-WTI spread is likely to play a positive role for Marathon Petroleum's(MPC) earnings in the second quarter amid surging RIN costs.
U.S. Crude Price Rises on Big Inventory Drawdown
by Nilanjan Choudhury
With its biggest fall in 10 months, domestic oil supplies have dropped below 5000 million barrels for the first time since late January.
Marathon Petroleum (MPC) to Take Call on Speedway Spin Off
by Zacks Equity Research
Marathon Petroleum Corporation (MPC) is set to take a final call regarding the transformation of its retail network unit -- Speedway LLC -- into a new independent entity soon.
Oil & Gas Stock Roundup: Ensco Snaps Up Atwood, Dakota Access Pipeline in Service
by Nilanjan Choudhury
It was a week where oil prices dropped to the lowest close since May 10, while a bearish build created selling pressure on natural gas futures.
Marathon Petroleum (MPC) to Buy Back Shares Worth Up to $3B
by Zacks Equity Research
Marathon Petroleum Corporation (MPC) recently announced that its board has authorized an additional buyback program of shares worth $3 billion.
Marathon Petroleum (MPC) Up 3.5% Since Earnings Report: Can It Continue?
by Zacks Equity Research
Marathon Petroleum (MPC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Tesoro, EP Energy Team Up to Form Drilling Joint Venture
by Zacks Equity Research
Tesoro Corporation (TSO) joined hands with Texas-based upstream energy player EP Energy Corporation (EPE) to fund oil and natural gas development in Uinta Basin in Utah.
Stocks Today & Retail Sector Earnings Scorecard
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks and also provides the Retail sector's scorecard.
Oil & Gas Stock Roundup: Exxon & Chevron's Q1 Beat, Pembina's $7.1B Buy & More
by Nilanjan Choudhury
It was a week where oil prices fell to its lowest point in a month, while natural gas futures tightened their grip over the $3 level.
Marathon Petroleum (MPC) Earnings Surprise in Q1, Sales Lag
by Nilanjan Choudhury
Refiner Marathon Petroleum (MPC) reported a surprise profit for its first quarter, thanks in part to its fast-growing pipeline segment.
Marathon Petroleum (MPC) Q1 Earnings Crush Loss Estimate
by Zacks Equity Research
Downstream operator Marathon Petroleum (MPC) reported a first-quarter profit on strength in its midstream segment.
Oil Earnings Galore on Apr 27: MPC, EQT, HP, NOV, MPLX
by Nilanjan Choudhury
Let's see what's in store for five energy players MPC, EQT, HP, NOV and MPLX that are reporting tomorrow.
Marathon Petroleum (MPC) Q1 Earnings: What's in Store?
by Nilanjan Choudhury
Independent oil refiner and marketer Marathon Petroleum (MPC) is set to release its first-quarter results before the opening bell on Thursday, Apr 27.