In trading on Monday, shares of Marathon Petroleum Corp. (Symbol: MPC) crossed above their 200 day moving average of $35.01, changing hands as high as $38.22 per share. Marathon Petroleum Corp. shares are currently trading up about 15.6% on the day. The chart below shows the Source: Industry Insights
U.S. refining shares soar on vaccine news, hopes for renewed fuel demand
The U.S. refining sector soared on Monday after pharmaceutical company Pfizer said it had developed a vaccine that was more than 90% effective in preventing COVID-19. Source: Industry Insights
Refining Stocks Are Rocketing on COVID-19 Vaccine News Today
What happenedShares of leading refining companies Marathon Petroleum (NYSE: MPC), Phillips 66 (NYSE: PSX), and Valero (NYSE: VLO) rallied more than 10% by 10:15 a.m. EST on Monday. Fueling this rally was news that a vaccine candidate by pharmaceutical giant Pfizer was more than 9 Source: Industry Insights
Marathon Petroleum Corporation (NYSE:MPC) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Shareholders of Marathon Petroleum Corporation (NYSE:MPC) will be pleased this week, given that the stock price is up 16% to US$31.91 following its latest third-quarter results. It was a moderately negative result overall – revenue fell 3.0% short of analyst estimates at US$18b, Source: Industry Insights
Marathon Petroleum (MPC) Q3 2020 Earnings Call Transcript
Image source: The Motley Fool. Source: Industry Insights
Japan's Seven & i to sell up to 300 gas stations after buying Speedway -sources
Japan’s Seven & i Holdings Co Ltd, parent of the 7-Eleven convenience store chain, is aiming to sell as many as 300 gas stations following its deal to acquire Marathon Petroleum Corp for $21 billion, according to people familiar with the matter. Source: Industry Insights
BUZZ-U.S. STOCKS ON THE MOVE-Nio, Norwegian Cruise, Fisker, Twitter, AngloGold Ashanti
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string “STXBZ US” and Thomson One users please search “RT/STXBZ US”. Source: Industry Insights
Stock Alert: Marathon Petroleum Rises 5% On Narrower Than Estimated Q3 Loss
(RTTNews) – Shares of Marathon Petroleum Corp. (MPC) are gaining more than 5 percent or $1.59 in Monday’s morning trade at $31.09 after the company’s adjusted loss for the quarter came in narrower than analysts’ expectations.Monday, Marathon Petroleum said its third-quarter net l Source: Industry Insights
Marathon Petroleum reports Q3 loss as COVID-19 dents fuel demand
Marathon Petroleum Corp reported a quarterly loss on Monday, hit by $525 million in charges and a coronavirus-led slump in fuel demand. Source: Industry Insights
Marathon Petroleum Posts Adj. Loss In Q3 – Quick Facts
(RTTNews) – Marathon Petroleum Corp. (MPC) reported an adjusted net loss of $649 million, or $1.00 per share, for the third quarter of 2020, compared to adjusted net income of $1.1 billion, or $1.63 per share, a year ago. On average, 17 analysts polled by Thomson Reuters expected Source: Industry Insights