Marathon Petroleum Corp. (NYSE:MPC) reports higher Q1 results with revenue of $31.85B, adjusted EBITDA of $2B, and EPS loss of $(0.24) compared to $(2.58) last year. Refining segment impacted by lower market crack spreads, but Midstream business continues to grow. Company also declares quarterly dividend.
Wall Street edged lower by midday Tuesday as uncertainty surrounding trade policies lingered, with investors adopting a cautious approach ahead of Wednesday’s Federal Reserve meeting.
Oil-linked ETFs not only provide insight into sentiment across energy sector but also face volatility. USO tracks commodity, XOP invests in energy stocks.
Let's have a look at what is happening on the US markets in the middle of the day on Wednesday. Below you can find the top S&P500 gainers and losers in today's session.
As the US market prepares to open on Wednesday, let's get an early glimpse into the pre-market session and identify the S&P500 stocks leading the pack in terms of gains and losses.
Marathon Petroleum stock is down, but bullish analysts and rising oil demand suggest a 51% upside. Here’s why investors shouldn’t overlook this energy play.
