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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.
Oil refining specialist Marathon Petroleum (NYSE:MPC) had a rough fourth quarter, according to its earnings report released on Tuesday, Feb. 4. Quarterly earnings per share (EPS) fell nearly 81% ...
The purchase price represents a 14.7% premium to the closing price of Marathon on May 28, giving the company an enterprise value (market cap plus debt) of $22.5 billion.
Marathon Petroleum (MPC) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes. Marathon Petroleum (MPC) Looks Good: Stock Adds 8.4% in Session Skip to main ...
ConocoPhillips's plans to acquire independent oil and gas producer Marathon Oil in an all-stock deal for $22.5 billion including debt continues a recent string of deals in the energy space.
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Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011.
In the latest trading session, Marathon Petroleum (MPC) closed at $98.70, marking a -1.39% move from the previous day.