(Bloomberg) -- US President Donald Trump is showing signs of frustration at a lack of progress in negotiations to end the 10-week war with Iran, as the Strait of Hormuz remains all but closed to vital energy supplies and oil prices continue to rise.Most Read from BloombergInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyIran Makes New Offer on Uranium in Response to US, WSJ SaysAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO to Miss China Trip After Y
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Marathon Petroleum tops Q1 estimates as refining margins surge, while a new $5B buyback boosts total repurchase capacity.
(Bloomberg) -- US President Donald Trump is showing signs of frustration at a lack of progress in negotiations to end the 10-week war with Iran, as the Strait of Hormuz remains all but closed to vital energy supplies and oil prices continue to rise.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyIran Says It’s Deployed Mini Subs in Contest to Control HormuzEpstein's Black Card: How He Moved Women
Marathon Petroleum (NYSE:MPC) reported stronger first-quarter 2026 results, with management pointing to improved refinery reliability, elevated refining margins and a favorable supply-demand backdrop shaped in part by geopolitical disruptions in the Middle East. On the company’s earnings call, CEO
(Bloomberg) -- The ceasefire between the US and Iran reached a particularly precarious moment Monday as President Donald Trump said the agreement was on “massive life support” after he rejected Tehran’s latest peace offer. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting Jewelry StocksEpstein'
As you might know, Marathon Petroleum Corporation ( NYSE:MPC ) just kicked off its latest quarterly results with some...
COCO, INDV and MPC are highlighted as momentum stocks with strong earnings surprises and bullish price trends in May 2026.
COCO, INDV and MPC stand out as momentum buys as investors apply Richard Driehaus' "buy high and sell higher" strategy.
Marathon Petroleum reported stronger than expected first quarter results, highlighting solid profitability from its refining operations. The company expanded its share repurchase authorization by $5b, signaling a larger capital return program for shareholders. Recent and planned refinery optimization projects were outlined as key drivers of operating performance and margins. For investors watching NYSE:MPC, the latest update comes after a strong run in the stock, with shares at $245.78 and...
The closure of the Strait of Hormuz has made Persian Gulf crude oil and energy products effectively inaccessible, sending ripple effects through global fuel markets. Countries are imposing fuel rationing, and refiners must now decide which fuels to prioritize. Marathon Petroleum Corporation (MPC) is a stock to watch, notes Tim Plaehn, editor of The Dividend Hunter.
Moby summary of Marathon Petroleum Corporation's Q1 2026 earnings call
Late in the first quarter, geopolitical events tightened global markets, disrupted trade flows, and drove global cracks higher. While estimates vary, we believe approximately 6 million barrels per day, representing close to 6% of global refined products capacity has come offline during the conflict in the Middle East.
Energy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index rising 0.5% and the S
Marathon Petroleum Corp. (NYSE:MPC) delivered first-quarter results that exceeded analyst forecasts, posting adjusted earnings per share of $1.
Early trading behaves as if cooler heads will prevail in the Strait of Hormuz -- and earnings results still matter.
OIl prices jumped on Iran news. Diamondback Energy, Transocean and Tidewater prepare to report earnings. The oil stocks traded near highs.