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Marathon Petroleum Tops Q4 Estimates
Marathon Petroleum beats Q4 profit estimates as midstream strength offsets refining weakness
By Tanay Dhumal (Reuters) -Top U.S. refiner Marathon Petroleum on Tuesday posted a 74% drop in fourth-quarter earnings but beat Wall Street estimates, as strength in its midstream segment helped offset a steep decline in refining margins.
Marathon Petroleum Tops Q4 Estimates Despite Lower Refining Margins
Marathon Petroleum Corporation (NYSE:MPC) shares are trading higher after it reported fourth-quarter results. Total revenues and other income of $33.47 billion topped the consensus of $31.12 billion.
Marathon Petroleum (MPC) Q4 2024 Earnings Call Transcript
Q4 2024 Earnings Call Feb 04, 2025, 11:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participan
Money Morning
6h
Occidental Petroleum (OXY) Could Reignite Under Trump’s Pro-Oil Agenda
Using data over the past five years, a stochastic view (devoid of any other context aside from the temporal) reveals a neutral bias in Occidental stock. A position entered at the beginning of the week ...
E&E
9h
Western States Petroleum Association CEO to step down
The Western States Petroleum Association’s longtime CEO will step down at the end of the year, the petroleum trade group ...
3d
Colombia's Ecopetrol renews joint venture with Occidental Petroleum in Permian basin
Colombian energy company Ecopetrol said on Monday it has reached an agreement to renew its oil joint venture with Occidental ...
Marketplace
12d
How does the strategic petroleum reserve work?
Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...
news10nbc
2d
Consumer alert: Petroleum expert warns tariffs could wallop your wallet
On Monday, the Whitehouse announced its pausing tariffs on Canada for 30 days, but tariffs are not off the table. This ...
7d
Occidental Petroleum's Undervaluation Builds Up
Occidental Petroleum's fundamentals and valuation have improved, presenting a long-term buying opportunity amid oil and gas ...
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