Marathon Petroleum Corp
NYSE: MPC
$135.35
+$1.37 (+1.0%)
Closing Price on December 24, 2024
MPC Articles
A brief look at 10 energy companies reporting earnings this week, and how they stack up against an estimated drop of 86% in annual profits.
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Whenever an energy pipeline company says it is taking an action in order to simplify its structure, a wise investor prepares for complexity.
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The top analyst upgrades and downgrades and other calls seen in the energy sector on Wednesday include Baker Hughes, Chevron, Nabors Industries, Occidental Petroleum and Royal Dutch Shell.
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The top analyst upgrades, downgrades and initiations seen on Monday morning include AbbVie, Chevron, Home Depot, Nike, Qualcomm and VMware.
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In a joint announcement released Friday, the U.S. Department of Justice, the Department of the Interior and the Department of the Army have stopped further work on the Dakota Access Pipeline.
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August was not a kind month to U.S. crude oil producers. Crude prices dropped by nearly 8% to close the month below $45 a barrel.
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Analysts at Jefferies on Monday initiated coverage on four independent oil refiners and their affiliated logistics master limited partnerships.
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Before Wednesday morning's announcement, the Bakken Pipeline project had been a joint venture between Energy Transfer Partners and Sunoco Logistics Partners.
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A new Merrill Lynch research report makes the case that owning neglected stocks and selling crowded ones has been a winner, yielding almost 10% of alpha.
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24/7 Wall St. reviews many key analyst upgrades and downgrades throughout the week. There remains a huge interest in which oil and gas stocks now offer long-term upside for investors.
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The top analyst upgrades, downgrades and initiations seen on Thursday morning include Cisco, CSX, Hilton, L Brands, Lockheed Martin, Salesforce.com, Teck Resources and Tesoro.
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The problem with "Sell in May and go away" is that there is no place to go. Stocks remain the place to be, and more conservative companies that pay dividends are probably the best arena for investors...
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Analysts at Credit Suisse on Monday cut their rating on Valero Energy to Neutral and maintained their $68 price target.
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Despite the rally, there is always the chance that oil rolls back over. The smart move is to stay with the leaders that pay good dividends.
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So are any refiners still a buy? In a new research report, Deutsche Bank says yes, though not many are attractive now.
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