These Stocks Are Using Buybacks to Unlock Big Gains for InvestorsThree companies now think their stocks are cheap enough to buy, as judged by the multi-billion dollar buyback programs being approved today
Why Marathon Petroleum is Committed to a $5 Billion Stock BuybackMarathon Petroleum investors could be about to face a double-digit rally after this indicator with 100% accuracy just flashed a buy signal for the energy space
3 Recent Stock Buybacks: Adobe, Marathon, and FedEx Lead the WayThree companies are starting to buy back stock this quarter, and financial strength in their companies lets them do this. Wall Street analysts see more upside
Marathon Petroleum Corp. (NYSE: MPC) Sets New 52-Week High in Wednesday SessionShares of Marathon Petroleum Corporation (
NYSEMPC) traded at a new 52-week high today and are currently trading at $213.87. So far today, approximately 221.17k shares have been exchanged, as compared to an average 30-day volume of 2.95M shares.
Marathon Petroleum Corp. (NYSE: MPC) Records 52-Week High Tuesday MorningShares of Marathon Petroleum Corporation (
NYSEMPC) traded at a new 52-week high today and are currently trading at $205.79. So far today, approximately 239.8k shares have been exchanged, as compared to an average 30-day volume of 2.93M shares.
Energy sector strength: Drill down with these refinery stocksRefinery stocks like Marathon and Valero lead the energy sector, benefitting from stable demand and efficient operations amid oil price fluctuations.
S&P 500 rockets to new highs as earnings beat estimatesThe S&P 500 hits new highs as 10 of the 11 S&P sectors report positive Q4 earnings surprises. The tech and energy sectors are among the earnings leaders.
Can financial, healthcare, energy stocks rise as rates stay high?Sectors including financials, healthcare, utilities and energy outperform as interest rates remain high, but some of those industries face challenges in 2024.
Are defensive sectors ready to outshine growth in 2024?Is 2024 the year defensive stocks rotate into leadership? As the year gets underway, defensives such as healthcare, energy, utilities and consumer staples lead.
Marathon Petroleum Corp. (NYSE: MPC) Highlighted for Surprising Price ActionMarathon Petroleum Corporation (
NYSEMPC) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 0.59% on the day to $146.86.
Refiners, transporters surge: Niche energy markets defy oil slumpDespite Chevron and Exxon Mobil trading below their highs, sub-industries such as transportation and pipelines show resilience, driven by dividends and demand.
Revisiting the classic 60/40 portfolio as challenges loomTraditionally reliable, the 60/40 portfolio may no longer guarantee solid returns amid concerns about rising interest rates and rising bond yields.
$7 Billion in Clean Hydrogen Grants: Winners and LosersGreen hydrogen got a boost from the government, but the $7 billion in funding will help big oil and electric utilities more than the hydrogen pure-plays.
Marathon Petroleum Corp. (NYSE: MPC) Records 52-Week High Thursday MorningShares of Marathon Petroleum Corporation (
NYSEMPC) traded at a new 52-week high today and are currently trading at $156.05. So far today, approximately 993.67k shares have been exchanged, as compared to an average 30-day volume of 3.71M shares.
Marathon Petroleum Corp. (NYSE: MPC) Sets New 52-Week High in Monday SessionShares of Marathon Petroleum Corporation (
NYSEMPC) traded at a new 52-week high today and are currently trading at $156.42. So far today, approximately 563.46k shares have been exchanged, as compared to an average 30-day volume of 3.66M shares.
Marathon Petroleum Corp. (NYSE: MPC) Sets New 52-Week High in Thursday SessionShares of Marathon Petroleum Corporation (
NYSEMPC) traded at a new 52-week high today and are currently trading at $147.28. So far today, approximately 646.79k shares have been exchanged, as compared to an average 30-day volume of 3.47M shares.
Marathon Petroleum Corp. (NYSE: MPC) Sets New 52-Week High in Friday SessionShares of Marathon Petroleum Corporation (
NYSEMPC) traded at a new 52-week high today and are currently trading at $138.87. So far today, approximately 533.05k shares have been exchanged, as compared to an average 30-day volume of 3.47M shares.
5 Best Ethanol Stocks to Buy NowEthanol is a renewable fuel made from plant materials collected and called biomass. Learn more about how to invest in ethanol stocks.
Yield10 Bioscience and Marathon Petroleum Corporation Sign LOI for Potential Investment and Offtake Agreement for Camelina Feedstock Oil for Renewable FuelsWOBURN, Mass., May 01, 2023 (GLOBE NEWSWIRE) -- Yield10 Bioscience, Inc. (Nasdaq:YTEN) (“Yield10” or the “Company”), an agricultural bioscience company, today announced that it has signed a non-binding Letter of Intent (“LOI”) with Marathon Petroleum Corp. (NYSE: MPC, “Marathon”) for a potential investment and offtake agreement for low-carbon intensity Camelina feedstock oil for use in renewable fuels production. Marathon is a leading, integrated downstream energy company in the U.S.
Valero Has The Value Proposition Energy Investors NeedValero's DGD product line has proved to be a success in the current market, can it prove management's thesis on emissions correct and close the gap with peers?
OPEC Slashes Production: The Start of a New Oil Bull Market?OPEC+ cut production by 1.65 million barrels per day, starting in May. Could this signal a green-light for the oil bull thesis once again?
Marathon Petroleum Corp. (NYSE: MPC) Records 52-Week High Monday MorningShares of Marathon Petroleum Corporation (
NYSEMPC) traded at a new 52-week high today and are currently trading at $135.59. So far today, approximately 2.43M shares have been exchanged, as compared to an average 30-day volume of 4.52M shares.
2 Oil Refiners Posting Record Margins: Can the Trend Continue?Many analysts expect refining margins to recede going into 2023, but several factors suggest higher margins are set to continue for the foreseeable future.
3 Midcap Energy Stocks Set For Triple-Digit Earnings GrowthWhile top oil-and-gas giants get the lion’s share of attention, mid-caps NOV, Weatherford, and HighPeak are on track to grow earnings at triple-digit rates.
3 Top-Performing Energy MLPs Deliver Price Gains, High YieldPipeline operators Enterprise Product Partners, Energy Transfer, and MPLX are outperforming the broader market while also throwing off high dividend yields.
