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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
18h
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
21h
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
We Like Occidental Petroleum - Goldman Is Just Impatient
Occidental Petroleum Corporation's share price underperformed due to Goldman Sachs' downgrade. Click here to read why I rate ...
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
13d
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 ...
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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