The activist investor plans to push the oil refiner to consider selling or spinning off its midstream business.

The Federal Trade Commission on Friday ordered 7-Eleven to sell over 200 retail outlets following its $21 billion acquisition of the Speedway fuel chain from Marathon Petroleum. The 7-Eleven ...

Activist investor Elliott Investment Management has built a $2.5 billion stake in Houston-based energy company Phillips 66, according to reports published Tuesday. Elliott has said it hopes to push ...

Marathon Petroleum (NYSE:MPC – Get Free Report) had its price target increased by equities research analysts at Wells Fargo & Company from $182.00 to $183.00 in a research note issued to ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Operating Costs (Guidance): Projected to be $5.70 per barrel for Q1 2025. Marathon Petroleum Corp (NYSE:MPC) achieved its lowest company-wide OSHA recordable injury rate and strongest ...

Independent oil refiner and marketer Marathon Petroleum Corporation MPC reported fourth-quarter adjusted earnings per share of 77 cents, which comfortably beat the Zacks Consensus Estimate of 6 cents.

The Daytona 500 has NASCAR’s most unique — and complicated — qualifying format. And it got more convoluted this year with the ...

Marathon Petroleum Corporation (NYSE: MPC) announced today that it has priced $2.0 billion in aggregate principal amount of unsecured senior notes in an underwritten public offering consisting of ...

On an adjusted basis, excluding the impact of one-off items tied to the Marathon Oil purchase, ConocoPhillips earned $1.98 a share, eclipsing the average Wall Street expectation of $1.83 a share ...

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