8:41am ET
Energy
Marathon Files for Pipeline IPO
Marathon Petroleum Corp. (NYSE: MPC) has filed with the SEC for the IPO of a new pipeline company, MPLX LP, that would operate as a master limited partnership (MLP) and trade on…
Companies
Marathon Oil Corporation
$28.55
â–² $0.00 (+0.00%) today
Markets closed · 5:33pm ET
MRO Coverage
Page 14
8:29am ET
Investing
Top Analyst Upgrades & Downgrades (ADTN, LNT, AEP, AMLN, BCS, BRCM, EXPD, HLS, HES, MRO, IM, IDCC, INTX, LL, NTGR, RIMM, STO, SUP, VMED, QCOM, INTC, BBBY, AAPL)
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. ADTRAN Inc. (NASDAQ: ADTN) Cut to Equal-weight at Barclays. Alliant Energy Corp. (NYSE: LNT)…
11:38am ET
Investing
Exxon Kills Shale Gas Exploration in Poland (XOM, CVX, MRO, STO)
Based on early geological studies, Poland was believed to be sitting on about 187 trillion cubic feet of natural gas locked up in the same kinds of shale formations that have yielded…
1:34pm ET
Energy
Fitch Reviews Oil & Gas Operations and Reserves
Fitch Ratings is out with a statistical review of operational metrics at a number of oil & gas companies. The review notes a handful of emerging trends: Finding, development, and acquisition (FD&A)…
4:09pm ET
Investing
24/7 Wall St. Closing Bell (CHK, COP, RSH, STM, AIZ, ABX, MRO, MA, AGN, AUY, TWX, CLX, RDC, RRD, MSO, IACI, FSLR, DSX, COCO, APA, OWW, WNR, CMCSA, SVNT)
The major US stock indexes opened lower this morning following dismal reports from Europe on manufacturing (our coverage here) and unemployment (more coverage here). The ADP report on US unemployment provided more…
4:03pm ET
Investing
24/7 Wall St. Closing Bell (WPI, AZN, ANF, SPWR, YGE, COST, MERU, ACI, VECO, PBY, ADM, CPO, AVP, DPZ, PFE, VLO, ABX, JDSU, MRO, FSLR, V, PFCB, DAL, CHK)
The major US stock indexes opened flat this morning but started to move higher following the better-than-expected ISM report on manufacturing (our coverage here). Construction spending in the US was a bit…
4:09pm ET
Investing
24/7 Wall St. Closing Bell (MRO, PEET, RIMM, URBN, CHK, GILD, GNW, PCCC, NVLS, PKI, BEAM, EL, WY, THLD, TUDO, ZOLT, STRI, MNKD)
Major indexes reacted positively to this morning’s non-farm payrolls report and the drop in the US unemployment rate from 8.5% to 8.3%. Expectations for the unemployment rate had been no better than…
8:07am ET
Investing
Top Analyst Upgrades & Downgrades (APA, BBT, CVC, CHK, DRI, EMN, EW, MRO, NBL, PEET, RIMM, RBS, SLM, URBN)
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Friday morning. Apache Corporation (NYSE: APA) Started as Outperform at Credit…
10:58am ET
Investing
Refiner Marathon Stumbles (MPC, MRO)
Oil refiner Marathon Petroleum Corp. (NYSE: MPC) posted a quarterly EPS loss of -$0.21 this morning, way below the consensus estimate of EPS loss of -$0.06. Revenues rose to $19.44 billion, beating…
1:27pm ET
Investing
BP-operated North Sea Oil Well Shut-in (BP, MRO)
BP plc. (NYSE: BP) has shut-in a 43,000 barrel/day well in a North Sea field following the discovery of a small crack in a connecting pipeline. The leak has stopped and there…
9:57am ET
Energy
New Crude Oil Pipeline System to be Built in Gulf of Mexico (EPD, GEL, APC, APA, XOM, E, PBR, PXP, BP, MRO, RDS-A, CVX, COP)
Two pipeline companies have agreed to a 50-50 joint venture to build a new 149-mile offshore gathering system in the Gulf of Mexico. Enterprise Products Partners L.P. (NYSE: EPD) and Genesis Energy…
2:22pm ET
Energy
Upside Potential at Big Oil Companies (XOM, CVX, COP, BP, OXY, MRO, APA, PBR)
As the price differential between WTIÂ and Brent crude oil continues to narrow, with WTIÂ rising and Brent falling, big oil companies should see a gain in their realized prices for crude. This is…
11:29am ET
Energy
Identifying Value In Refining Stocks (MPC, VLO, MUR, HFC, SUN, TSO, WNR, MRO)
The refining business has been in the news a lot recently for two things. One, it’s making money again. Two, integrated oil companies are shedding refining assets at a rapid pace. Now’s…
11:44am ET
Energy
Can Sunoco Shed its Refineries? (SUN, MRO, MPC, COP, VLO, RDS-A, MUR)
Beginning in the early 1990s, integrated oil companies and some independents began stripping away their midstream assets like interstate pipeline and gathering systems to focus more on the money-making parts of the…
12:03pm ET
Energy
The Great Energy Spin-Off Pipeline (MRO, MPC, TSO, TLLP, COP, BP, CHK, EP, XOM, CVX)
So far this year we’ve noted a couple of major spin-offs in the energy section. Marathon Oil Corp. (NYSE: MRO) spun out its downstream business into Marathon Petroleum Corp. (NYSE: MPC) and…