#marathon petroleum corp

[elijones94]

🍁🍂 These are snapshots I took on Grandpa’s birthday about four weekends ago. He was very relaxed and comfort. It was the happiest I had seen him in a long time. He passed away this previous weekend doing what he loved: working. Today as our letters to him were being read, my many memories of spending time with him came to me all at once. My two favorites are of him getting a speeding ticket and Jacob was with us and being the kid that I was declared, “This is the last time I go on adventures with Grandpa!” Of course, more adventures with him followed over the years.

Another adventure involved driving the mule of the frozen pond. The ice cracked beneath us, I asked what to do, and Grandpa just said to jump to dry land. One thing I found fascinating about him is that he could file something in his brain and remember it after so many, many years , especially his early childhood. Particularly fascinating, was that he even remembered hearing the radio report that President Harry Truman fired General Douglas MacArthur from his military services. Grandpa was always a natural storyteller, especially when we would all be together at the dinner table. His wisdom and humor will most definitely be missed, but I will forever be thankful for how much Grandpa made a difference in my life and everybody else’s lives as well.

Dale Singleton (1942-2022)

[dog-park-dissidents]

holy shit new music !! may i ask which man the new song is about 👁

Out With A Bang is a work of fiction and any similarity to actual persons, living or dead, is purely coincidental. On a completely unrelated note, here is a list of interesting actual persons who are alive today and have real names and addresses:

Patrick Pouyanné, Chairman and CEO, TotalEnergies Helge Lund, Chairman, BP Bernard Looney, CEO, BP Amin H. Nasser, CEO, Saudi Aramco Yasir Al-Rumayyan, Chairman, Saudi Aramco Zhang Yuzhuou, Chairman, China Petrochemical Mike Wirth, CEO, Chevron Viktor Zubkov, Chairman, Gazprom Alexey Miller, CEO, Gazprom Javad Owji, Chairman, National Iranian Oil Company Ken Mackenzie, Chairperson, BHP Billiton Mike Henry, CEO, BHP Billiton PM Prasad, Chairman, Coal India Octavio Romero Oropeza, CEO, Pemex Jim Grech, CEO, Peabody Energy Ryan Lance, CEO, ConocoPhillips Sultan Al Jaber, CEO, ADNOC Jean Paul Prates, CEO, Petrobras Nawaf Saud Nasser Al-Sabah, CEO, Kuwait Petroleum Corp. Toufik Hakkar, CEO, Sonatrach John P Surma, CEO, Marathon Petroleum Joseph Gorder, CEO, Valero Greg Garland, CEO, Phillips 66 Basuki Tjahaja Purnama, President, Pertamina

[fmarkets]

$INTC #SP500 #NASDAQ #SPX $FUN-USD

Market Rebound on Green Friday: Key Stocks and Industry Highlights After a minor correction on Thursday, the stock market staged a robust comeback on Friday, August 30, 2024, with notable performances across various industry sectors. This article delves into the day's market dynamics, highlighting the key players, industry movements, and the performance of major cryptocurrencies. # Tech Titans and Retail Giants Lead the Charge Intel Corporation (INTC) surged by 8.05%, positioning itself as the leading gainer on a day marked by positive investor sentiment. GameStop Corp (GME) followed closely, with a notable 7.36% rise. These gains were echoed in the technology space, with Dell Technologies Inc (DELL) and Western Digital Corporation (WDC) increasing by 4.16% and 3.66%, respectively. In the retail sector, Abercrombie and Fitch Co (ANF), known for its wide range of apparel and personal care products, experienced a 3.24% climb. The company?s emphasis on direct-to-consumer channels and global physical stores seems to be resonating with investors. # Energy Sector Shows Strength Marathon Petroleum Corporation (MPC) also stood out, posting a 3.02% gain. This movement is especially noteworthy given the current trends in crude oil prices, which are experiencing a downturn. Nevertheless, energy stocks managed to https://csimarket.com/news/news_markets.php?date=2024-08-30T19071&utm_source=dlvr.it&utm_medium=tumblr

[themarketupdate]

Recovered Sulphur Market Expecting the Unexpected future in 2030; SWOT analysis, investment feasibility analysis

Sulphur is a resource that is used to make paper, fertilizers, pharmaceuticals, cosmetics, pesticides, and steel, among other things. Sulphur recovery refers to the conversion of hydrogen sulfide (H2S) into elemental sulfur. Hydrogen sulfide is the result of the production of combustible gas and the refining of unrefined oils with high sulfur content. There are many innovations in sulfur recovery that are accessible for various applications. However, the most commonly used conversion method is the Claus process. Sulphur recovery is defined as the conversion of hydrogen sulfide into elemental sulphur. Hydrogen sulfide is one of the main by-products in the processing of high-sulfur crude oils and natural gas. The increasing focus on regulations to reduce sulphur in products and lower sulphur emissions has, in turn, increased the demand for the use of sulphur recovery technologies. Sulphur recovery technologies are mainly based on two processes: the Claus and Claus process and the tail gas treatment process.

Free Sample Report + All Related Graphs & Charts @: https://www.advancemarketanalytics.com/sample-report/15680-global-recovered-sulphur-market?utm_source=Organic&utm_medium=Vinay

Latest released the research study on Global Recovered Sulphur Market, offers a detailed overview of the factors influencing the global business scope. Recovered Sulphur Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Recovered Sulphur The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Valero Energy Corp (United States), John Wood Group Plc (United Kingdom), Exxon Mobil Corp (United States), ConocoPhillips Co (United States), Marathon Petroleum Corp (United States), Motiva Enterprises LLC (United States), Shell Global (Netherlands), Jacobs Engineering Group Inc. (United States), Technip SA (France), Linde AG (Ireland)

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Southeast Asia.

Contact Us:

Craig Francis (PR & Marketing Manager)

AMA Research & Media LLP

Unit No. 429, Parsonage Road Edison, NJ

New Jersey USA – 08837

sales@advancemarketanalytics.com

[robfinancialtip]

Despite the recent rise in interest rates, cash is not a good long-term home for your wealth.

Today's Stocks & Topics: DFMIX - Davidson Multi-Cap Equity Fund, Market Wrap, Trade Within Your I-R-A, Why Cash May Be Riskier Than You Think, PRDO - Perdoceo Education Corp., SCHD - Schwab US Dividend Equity ETF, InvestTalk Market Madness Match Up: AES - AES Corp., D - Dominion Energy Inc., KMB - Kimberly-Clark Corp., MPC - Marathon Petroleum Corp., Gold, EMR - Emerson Electric Co., MAS - Masco Corp., SBSI - Southside Bancshares Inc., Fed Cuts.

Video Content Details

00:00 Intro 03:02 Davidson Multi-Cap Equity Fund (DFMIX) 05:20 Market Wrap 11:50 Trade Within your I-R-A 13:18 Why Cash Might Be Riskier Than You Think 20:09 Perdoceo Education Corp (PRDO) 24:02 Schwab US Dividend Equity ETF (SCHD) 26:24 InvestTalk Market Madness 28:08 Gold 34:35 Emerson Electric Co. (EMR) 35:56 Southside Bancshares Inc. (SBCI) 39:04 Fed Cuts

Call 888-99-CHART to hear your questions answered live.

[nuovaalta2]

2024-02-21 $MPC #2024-02-21

Marathon Petroleum Corp. Increases Dividend Payout with Rising Earnings in Q3 2023 FINDLAY, Ohio, Jan. 26, 2024 - Marathon Petroleum Corp. (NYSE: MPC) recently declared a dividend of $0.825 per share on common stock in their quarterly announcement. This favorable news has shareholders eagerly awaiting the payout on March 11, 2024. With the company*s upward trajectory in earnings and a dividend payout ratio consistently below the company*s average, the question arises whether Marathon Petroleum will soon increase its dividend. During the third quarter of 2023, Marathon Petroleum witnessed an increase in earnings per share leading to a decrease in their 12 Months dividend payout ratio, currently recorded at 10.92%. The trend of rising earnings and consistent payout ratio below average paints an optimistic picture for the company*s future. Investors will be watching closely for any indication of an upcoming dividend increase. https://csimarket.com/stocks/MPC-Dividend-Comparisons.html?utm_source=dlvr.it&utm_medium=tumblr

[bitcoincables]

Stocks Rise as Salesforce Upgraded and Oil Prices Increase

Salesforce (CRM) got a boost as Baird upgraded the stock to "outperform," leading to a 2.8% rise. The upgrade was based on the stock's low valuation and the potential for price hikes. Chevron (CVX) also saw a 0.6% increase after concerns over the Middle East tensions and their impact on oil supply. Meanwhile, Microsoft (MSFT) shares edged up 0.5%, coming close to the market value of Apple (AAPL), which fell 0.3%.

Verizon (VZ) stock sank 3% after the EPA requested a meeting with telecom executives about lead-sheathed cables. AT&T (T) also dropped 3.8% as a competitor. Boeing (BA) shares fell 2.3% after an investigation by the Federal Aviation Administration into the manufacturing of the 737 Max 9. JPMorgan Chase (JPM) shares slid 0.4% ahead of its quarterly earnings report.

Netflix (NFLX) rose 2.9% as its ad-supported plan surpassed 32 million monthly active users. Oil refiners Valero Energy (VLO) and Marathon Petroleum (MPC) also saw gains of 2.6% and 1.7%, respectively, due to rising oil prices. Paramount Global (PARA) fell 5.5% after a downgrade by Redburn, while Warner Bros. Discovery (WBD) slipped 3.9%. Alliant Energy (LNT) lost 3.5% and AES Corp. (AES) fell 4.5% after analysts downgraded their stocks.

#Stocks #Upgrades #OilPrices #TechStocks

Read the original article

[mystlnewsonline]

North Dakota Governor - Heartland Hydrogen Hub

Burgum applauds DOE selecting Heartland Hydrogen Hub formed by governors of ND, MN, MT, and WI. BISMARCK, ND (STL.News) North Dakota Governor Doug Burgum Friday applauded the U.S. Department of Energy’s announcement that it has selected the Heartland Hydrogen Hub for up to $925 million in funding to advance a regional clean energy project involving collaboration among the states of North Dakota, Minnesota, Montana, and Wisconsin. Governors of the four states signed a memorandum of understanding (MOU) in October 2022 to develop a regional clean hydrogen hub to help meet the nation’s clean energy, transportation, and agricultural needs.  The Heartland Hydrogen Hub will produce low-carbon hydrogen, decarbonize regional supply chains, and create clean energy jobs across the states. “Clean hydrogen can play a major role in our all-of-the-above energy approach, and we’re grateful to the Department of Energy for recognizing our states’ expertise in agriculture and energy production that will make the Heartland Hydrogen Hub a world-class partnership,” Burgum said.  “North Dakota is already an energy and ag powerhouse, and we’re excited to build on our reputation as states that feed and fuel the world with environmental stewardship and a focus on innovation over-regulation to meet our nation’s evolving energy needs.” The University of North Dakota’s Energy & Environmental Research Center (EERC), Marathon Petroleum Corp., TC Energy, and Xcel Energy are leading the development of the Heartland Hydrogen Hub. Marathon and TC Energy are also engaged with the Mandan, Hidatsa, and Arikara Nation and Sumitomo Corp. of Americas to participate. Burgum signed an MOU with the president and CEO of Sumitomo Corp. during a trade and investment mission to Japan last year. With the Heartland Hydrogen Hub, a variety of projects will produce clean hydrogen for delivery to multiple markets, including industrial operations, fertilizer production, and natural gas blending for power generation and distribution, while reducing carbon emissions from multiple sectors by up to 1 million metric tons per year, according to EERC. Under the MOU signed last year, the four states agreed to develop a proposal for the Heartland Hydrogen Hub with the goal of obtaining federal funding from the Department of Energy’s $7 billion program to create regional clean hydrogen across the country. The funding was part of a larger hydrogen hub program included in the Bipartisan Infrastructure Law approved by Congress and signed into law by President Joe Biden. In addition to Burgum, the MOU was signed by Minnesota Gov. Tim Walz, Montana Gov. Greg Gianforte, and Wisconsin Gov. Tony Evers.  The hub may also include facilities in South Dakota. Throughout the application process, hub partners have engaged with communities, tribes, and other stakeholders on strategies and programs that aim to benefit the entire region. SOURCE: ND Governor Read the full article

[notiziariofinanziario]

Le più grandi aziende statunitensi sono nettamente indietro rispetto alle loro controparti che hanno sede in Cina

Con le aziende che faticano e lottano per compiere una transizione energetica verso emissioni nette zero, sono state esaminate molte aziende per determinare quanta parte delle loro entrate è attribuibile all’energia pulita. “Spostare i modelli di business verso attività più ecologiche significa molto più che essere virtuosi per il bene del pianeta”, afferma Michael Daly di Bloomberg. “C’è un’enorme opportunità finanziaria per le aziende che contribuiscono a guidare la transizione energetica”. Aziende cinesi come i leader del solare LONGi Green Energy Technology Co. e Tongwei Co. stanno beneficiando della posizione dominante della nazione nella catena di approvvigionamento di energia pulita. Secondo gli analisti, infatti, il maggior numero di opportunità di investimenti azionari nell’energia pulita si trova nella regione Asia-Pacifico. Secondo il rapporto di Global Energy Monitor che monitora il funzionamento delle utility, la Cina è destinata a raddoppiare la sua capacità e a produrre 1.200 gigawatt di energia attraverso l’ energia eolica e solare entro il 2025, raggiungendo il suo obiettivo del 2030 con cinque anni di anticipo, con parchi eolici e solari su vasta scala. Si dice che a partire dal primo trimestre dell’anno, la capacità solare su scala industriale della Cina ha raggiunto i 228 GW, più di quella del resto del mondo messo insieme. Le installazioni sono concentrate nelle province settentrionali e nord-occidentali del Paese, come Shanxi, Xinjiang e Hebei. Secondo le stime, la regione Asia Pacifica conta più di 680 aziende che traggono più della metà dei loro ricavi dall’energia pulita, che comprende energia rinnovabile, trasporti elettrificati, biocarburanti, nucleare, idrogeno e cattura del carbonio. Ciò si confronta con circa 410 aziende negli Stati Uniti e circa 430 in Europa, Medio Oriente e Africa messi insieme. La maggior parte delle grandi compagnie petrolifere e del gas non separano i ricavi derivanti dall’energia pulita come una categoria a sé stante. E alcuni, come i giganti dei combustibili fossili Exxon Mobil Corp. e Marathon Petroleum Corp., non forniscono alcuna informazione sui proventi derivanti dalle attività di energia green. Read the full article

[alphst]

Earnings Summary: Highlights of Marathon Petroleum's Q2 2023 earnings

Energy company Marathon Petroleum Corp. (NYSE: MPC) on Tuesday reported lower earnings and revenues for the second quarter of 2023. Second-quarter net income attributable to the company was $2.2 billion or $5.32 per share, compared to $5.9 billion or $10.95 per share in the year-ago quarterAdjusted EBITDA decreased to $4.5 billion during the three-month period from $9.1 billion a year earlier…

[indoorverticalfarmingnews]

Yield10 Bioscience Signs LOI with Marathon Petroleum

Yield10 Bioscience, Inc. (Nasdaq: YTEN), an agricultural bioscience company, announced today that it had signed a non-binding Letter of Intent (LOI) with Marathon Petroleum Corp. (NYSE: MPC), a leading integrated downstream energy company in the U.S., for a potential investment and offtake agreement. This partnership aims to supply low-carbon intensity Camelina feedstock oil for use in renewable…

[melbournenewsvine]

Joe Biden releases more oil reserves to combat rising gasoline prices

loading Biden’s plan aims to add enough oil supplies to the market to prevent price hikes that could hurt consumers and businesses, while assuring the country’s drill workers that the government will enter the market as a buyer if prices fall too low. The president, who is facing criticism from Republicans who accuse him of tapping into the Strategic Petroleum Reserve (SPR) for political reasons rather than an emergency, said he would refill the country’s stocks in the coming years. Biden already announced the record release of 180 million barrels of Strategic Petroleum Reserve earlier this year to counter a potential supply crisis stemming from sanctions imposed on oil-rich Russia following its invasion of Ukraine in February. Biden said the Strategic Petroleum Reserve, now at its lowest level since 1984, is more than half filled with more than 400 million barrels of oil, “more than enough for any emergency withdrawal.” He said his goal would be to replenish stocks when US crude reached around $70 a barrel ($117), a level that would allow companies to profit while still being a good deal for taxpayers. The US benchmark was around $85 on Wednesday. loading Biden’s efforts to use federal authorities to balance the US oil market underscore the extent to which the war in Ukraine, rampant inflation and a cut in OPEC have upended the plans of the incumbent president who has vowed to step back from the oil industry and rapidly move the country to a future free of fossil fuels. “We need to responsibly increase US oil production without delaying or delaying our transition to clean energy,” Biden said on Wednesday. US presidents have little control over oil prices, but the country’s massive gasoline consumption – the highest in the world – means price hikes at the pump can be politically toxic. Retail gasoline prices have fallen from their June highs, but remain above historical averages, a major contributor to inflation. The management plan was to end the previously announced 180 million barrel sale that began in May, in November. However, purchases by companies including Marathon Petroleum Corp., Exxon Mobil Corp and Valero Energy Corp., were slower than expected over the summer and about 15 million barrels remained unsold. A senior administration official said the weapons would be tendered for delivery in December. Biden said on Wednesday that additional oil could also be provided if needed. Rising gasoline prices hurt consumers and voters in the United States.attributed to him:AP Biden said oil companies should feel more confident about investing in production with a pledge to buy back the new Strategic Petroleum Reserve. “So my message to all the companies is: You are posting record profits and we are giving you more certainty. So you can act now to increase oil production. Companies should not use your profits for stock buybacks or for dividends. Not now, not during the outbreak of war,” asking them to lower the prices they charge the pump. In recent weeks, the oil industry has grown increasingly concerned that the administration may take the drastic step of banning or restricting exports of gasoline or diesel to help rebuild dwindling US inventories. They have called on the administration to take the option off the table, a move officials are unwilling to take. “We’re keeping all the tools on the table, you know, anything that can help ensure the stability of the domestic supply,” the official said. Reuters, Associated Press Get a direct note from our alien correspondents About what’s making headlines around the world. Subscribe to the weekly What in the World newsletter here. Source link Originally published at Melbourne News Vine

[reportwire]

Rising rates and strong demand could boost banks and energy stocks. Strategist names her 4 top picks

Rising rates and strong demand could boost banks and energy stocks. Strategist names her 4 top picks

Financials are set to benefit from rising rates, and energy stocks are likely to gain from strong demand, said Crossmark Global Investments' Victoria Fernandez. Source link

[robfinancialtip]

Some forms that may not be on your radar could drastically raise or lower your bill for tax year 2023.

Stocks: EQNR Equinor ASA ADR (NYS); OPRA Opera Ltd. ADR (NAS); FANG Diamondback Energy Inc. (NAS); VZ Verizon Communications Inc. (NYS); GE General Electric Co. (NYS); MPC Marathon Petroleum Corp. (NYS); PSX Phillips 66 (NYS); VLO Valero Energy Corp. (NYS); AOS A.O. Smith Corp. (NYS)

Justin’s topics: Market Wrap-up for today 3/28/24, China’s exports declining, AI and healthcare, plus the Market Madness contest matchups for Monday 4/1/24.

Here are the MATCHUPS for … Monday’s 4/1/24 competition:

NEW ECONOMY REGION– Vertiv Holdings (VRT) vs. Blend Labs Inc (BLND), Cytokinetics Inc (CYTK) vs. Frontier Communications Pare (FYBR)

OLD ECONOMY REGION– Sinclair Inc (SBGI) vs. Century Alum Co (CENX), Core and Main Inc (CNM) vs. Eaton Corp PLC (ETN)

Video Contents

00:00 Intro 04:13 EQNR Equinor ASA ADR (NYS) 08:51 OPRA Opera Ltd. ADR (NAS) 11:43 FANG Diamondback Energy Inc. (NAS) 12:56 3 New Tax Rules That Could Now Cost You Thousands 17:55 VZ Verizon Communications Inc. (NYS) 19:41 GE General Electric Co. (NYS) 23:47 Market Wrap 25:43 China's Exports Declining 30:45 MPC Marathon Petroleum Corp. (NYS); PSX Phillips 66 (NYS); VLO Valero Energy Corp. (NYS); 34:11 InvestTalk Market Madness Match-Up 35:29 AOS A.O. Smith Corp. (NYS) 38:03 AI and Healthcare

Call 888-99-CHART to hear your questions answered live.

[freenewstoday]

New Post has been published on https://freenews.today/2021/02/22/its-time-to-add-exposure-to-energy-after-sectors-surprising-reversal-trader/

It's time to add exposure to energy after sector's 'surprising' reversal: Trader

The energy sector has gone from worst to first.

After trailing the S&P 500’s other major stock groups in 2020, energy has emerged as a leader this year, far outperforming its counterparts with a 25% gain. It’s also the top performer this month, up nearly 21%.

The sharp reversal has “caught a lot of people by surprise,” Craig Johnson, senior technical research analyst at Piper Sandler, told CNBC’s “Trading Nation” on Friday.

Now, they’re trying to figure out whether the run is for real, he said.

“If we come back and we look at a chart of, say, the XLE, it’s at a very interesting inflection point,” he said, referring to the Energy Select Sector SPDR Fund, which tracks the group.

“You’ve made a very nice double-bottom low and it looks like … we’re getting very close to reversing,” Johnson said. “I think from here, people have to add energy exposure — begrudgingly.”

Though the group remains a small part of most benchmarks, “you’ve got to buy the energy sector and at least start adding to positions,” he said.

Johnson highlighted the stocks of Exxon Mobil and Pioneer Natural Resources, saying in an email to CNBC that if Exxon closes above $54 a share, it “should open the door to a new leg higher.” Exxon rose by more than 3% in early Monday trading to $54.16.

Investors should also watch shares of Marathon Petroleum, BK Asset Management’s Boris Schlossberg said in the same “Trading Nation” interview.

“It’s the largest refiner in the U.S. It’s just sold off its retail operations to 7-Eleven,” said Schlossberg, managing director of FX strategy at his firm. “It’s going to use that money to pay down debt and maybe buy back shares. It’s got a 4.25% yield.”

“If you want to get super fancy, you can sell the March $51 puts and get the stock 7.5% lower from the price here with a higher yield,” he said. “I think it’s going to benefit from the long-term move in oil. So, to me, that’s going to be one of the better plays as we go forward.”

Marathon Petroleum’s stock popped 4% in early Monday trading to around $55.24 a share.

Disclaimer

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