Marathon Petroleum Corporation (MPC) Q2 2024 Earnings Call Transcript
Marathon Petroleum Corporation (NYSE:MPC ) Q2 2024 Earnings Conference Call August 6, 2024 11:00 AM ET Company Participants Kristina Kazarian - IR Maryann Mannen - CEO John Quaid - CFO Rick Hessling - Chief Commercial Officer Timothy Aydt - EVP, MPLX GP LLC David Heppner - Chief Strategy Officer & SVP, Business Development Conference Call Participants Manav Gupta - UBS Neil Mehta - Goldman Sachs Paul Cheng - Scotiabank Roger Read - Wells Fargo John Royall - JPMorgan Jason Gabelman - TD Cowen Carlos Escalante - Wolfe Research Matthew Blair - TPH Theresa Chen - Barclays Operator Welcome to the MPC Second Quarter 2024 Earnings Call. My name is Sheila, and I will be your operator for today's call.
Marathon Petroleum (MPC) Tops Q2 Earnings and Revenue Estimates
Marathon Petroleum (MPC) came out with quarterly earnings of $4.12 per share, beating the Zacks Consensus Estimate of $3.04 per share. This compares to earnings of $5.32 per share a year ago.
Marathon Petroleum's second-quarter profit hit by lower refining margins
Top U.S. refiner Marathon Petroleum posted lower second-quarter profit on Tuesday, hurt by lower refining margins.
Why Marathon Petroleum is Committed to a $5 Billion Stock Buyback
Most investors are waking up to realize that the market rotation has not only started but is gaining momentum with each trading day. Stanley Druckenmiller started selling out of the technology sector, specifically the artificial intelligence names that seemed to have run their course, to reallocate into bonds and small-cap stocks.
Is It Worth Investing in Marathon Petroleum (MPC) Based on Wall Street's Bullish Views?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Marathon (MPC) Q2 Earnings on Deck: Here's How It Will Fare
Lower refining margins are likely to have impacted the second-quarter earnings of Marathon Petroleum (MPC).
Marathon Petroleum (MPC) Stock Dips While Market Gains: Key Facts
The latest trading day saw Marathon Petroleum (MPC) settling at $177.02, representing a -0.71% change from its previous close.
Earnings Preview: Marathon Petroleum (MPC) Q2 Earnings Expected to Decline
Marathon Petroleum (MPC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Marathon Petroleum Corporation (MPC) is Attracting Investor Attention: Here is What You Should Know
Marathon Petroleum (MPC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Marathon Petroleum (MPC) Declines More Than Market: Some Information for Investors
In the latest trading session, Marathon Petroleum (MPC) closed at $163.97, marking a -1.16% move from the previous day.
Is Marathon Petroleum (MPC) a Buy as Wall Street Analysts Look Optimistic?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Marathon Petroleum Corporation (MPC) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Marathon Petroleum (MPC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
