TD Cowen reiterated coverage on Marathon Petroleum with a new price target
$MPC
Integrated oil Companies
Energy
TD Cowen reiterated coverage of Marathon Petroleum with a rating of Buy and set a new price target of $170.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/10/2024 | $170.00 | Buy | TD Cowen |
| 11/6/2024 | $174.00 → $170.00 | Buy | TD Cowen |
| 10/17/2024 | $174.00 | Neutral | BofA Securities |
| 9/9/2024 | Buy → Sell | Tudor, Pickering, Holt & Co. | |
| 8/7/2024 | $187.00 → $190.00 | Buy | TD Cowen |
| 7/18/2024 | $200.00 | Outperform | Wolfe Research |
| 1/31/2024 | $168.00 → $170.00 | Outperform | TD Cowen |
| 1/24/2024 | Neutral | Citigroup |
8-K - Marathon Petroleum Corp (0001510295) (Filer)
10-Q - Marathon Petroleum Corp (0001510295) (Filer)
8-K - Marathon Petroleum Corp (0001510295) (Filer)
SC 13G/A - Marathon Petroleum Corp (0001510295) (Subject)
SC 13G/A - Marathon Petroleum Corp (0001510295) (Subject)
SC 13G/A - Marathon Petroleum Corp (0001510295) (Subject)
FINDLAY, Ohio, Jan. 24, 2025 /PRNewswire/ -- The board of directors of Marathon Petroleum Corp. (NYSE:MPC) has declared a dividend of $0.91 per share on common stock. The dividend is payable March 10, 2025, to shareholders of record as of the close of business Feb. 19, 2025. About Marathon Petroleum Corporation MPC is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system. MPC's marketing system includes branded locations across the United States, including Marathon brand retail outlets. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and oper
FINDLAY, Ohio, Dec. 11, 2024 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call on Tuesday, February 4, 2025, at 11 a.m. EST to discuss 2024 fourth-quarter and full-year financial results. Interested parties may listen to the conference call by visiting MPC's website at www.marathonpetroleum.com. A replay of the webcast will be available on MPC's website for two weeks. Financial information, including the earnings release and other investor-related material, will also be available online prior to the conference call and webcast at www.marathonpetroleum.com. About Marathon Petroleum Corporation MPC is a leading, integrated, downstream energy company headquartere
FINDLAY, Ohio, Nov. 5, 2024 /PRNewswire/ -- Third-quarter net income attributable to MPLX of $1.0 billion and net cash provided by operating activities of $1.4 billion$1.7 billion of adjusted EBITDA attributable to MPLX and $1.4 billion of distributable cash flow$949 million of capital returned to unitholdersIncreased quarterly distribution by 12.5% to $3.83 per unit annualizedExecuting growth strategy in the Northeast with additional processing plant; expected to bring total processing and fractionation capacity to 8.1 bcf/d and 800 mbpd, respectively, in the second half of 2026MPLX LP (NYSE:MPLX) today reported third-quarter 2024 net income attributable to MPLX of $1,037 million, compared
FINDLAY, Ohio, Jan. 24, 2025 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE:MPC) announced today that its annual meeting of shareholders will take place April 30, 2025, at 10 a.m. ET in a virtual-only format via live webcast. Shareholders of record as of March 3, 2025, are entitled to notice of and to vote at the annual meeting. The company's proxy statement will include additional information regarding how shareholders may access and participate in the virtual annual meeting. About Marathon Petroleum Corporation MPC is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system. MPC's marketing system includes b
FINDLAY, Ohio, Jan. 24, 2025 /PRNewswire/ -- The board of directors of Marathon Petroleum Corp. (NYSE:MPC) has declared a dividend of $0.91 per share on common stock. The dividend is payable March 10, 2025, to shareholders of record as of the close of business Feb. 19, 2025. About Marathon Petroleum Corporation MPC is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system. MPC's marketing system includes branded locations across the United States, including Marathon brand retail outlets. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and oper
Leading U.S. energy company to bring key expertise, best practices, and development of new capabilities to accelerate market growth. QUEBEC CITY and HOUSTON, Jan. 14, 2025 /PRNewswire/ - Flyscan Systems announced today that Kinder Morgan Inc. (NYSE: KMI) is joining its strategic investors Marathon Petroleum (NYSE:MPC), Enbridge (TSX:ENB) (NYSE:ENB) and Hatch to support the company's continued advancement and growth. The funding will enable Flyscan to accelerate commercialization and scale-up of its operations, including its entry in the Natural Gas detection and quantification market.
Maryann Mannen elected President and CEOMike Hennigan to transition to Executive Chairman of the Board of DirectorsFINDLAY, Ohio, May 13, 2024 /PRNewswire/ -- MPLX LP (NYSE:MPLX) today announced its leadership transition plan, effective August 1, 2024. At that time, Maryann T. Mannen, President of Marathon Petroleum Corporation (NYSE:MPC), will succeed Michael J. Hennigan as President and Chief Executive Officer of MPLX GP LLC, the general partner of MPLX. Mannen will continue to serve on the Board of Directors of the general partner of MPLX, and Hennigan will assume the role of Executive Chairman of the Board. Christopher A. Helms will continue as the Board's independent Lead Director. Hen
Maryann Mannen elected President and CEO, will join the Board of DirectorsMike Hennigan to transition from CEO to Executive Chairman of the Board of DirectorsJohn Surma elected Lead Independent DirectorFINDLAY, Ohio, May 13, 2024 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE:MPC) today announced its leadership transition plan, with all positions effective August 1, 2024. At that time, MPC President Maryann T. Mannen will succeed Michael J. Hennigan as Chief Executive Officer and will join the Board of Directors; Hennigan will transition from CEO to Executive Chairman of the Board; and, continuing as the Board's strong independent voice, MPC Chairman John Surma has been elected to serve as L
ADM (NYSE:ADM) and Marathon Petroleum Corp. (NYSE:MPC) today celebrated the opening of their joint venture soybean processing complex, Green Bison Soy Processing, with a ribbon-cutting ceremony. The Green Bison facility in Spiritwood is North Dakota's first dedicated soybean processing complex, and is a major step towards meeting increased demand for renewable fuels, in this case renewable green diesel. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231114108080/en/ Green Bison Soy Processing will source and process local soybeans, with the resulting oil supplied exclusively to Marathon as a feedstock for renewable fuels. The fa
TD Cowen reiterated coverage of Marathon Petroleum with a rating of Buy and set a new price target of $170.00
TD Cowen reiterated coverage of Marathon Petroleum with a rating of Buy and set a new price target of $170.00 from $174.00 previously
BofA Securities resumed coverage of Marathon Petroleum with a rating of Neutral and set a new price target of $174.00
4 - Marathon Petroleum Corp (0001510295) (Issuer)
4 - Marathon Petroleum Corp (0001510295) (Issuer)
4 - Marathon Petroleum Corp (0001510295) (Issuer)
4 - Marathon Petroleum Corp (0001510295) (Issuer)