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Stock Market & Financial Investment News

News Breaks
June 25, 2014
17:30 EDTMPC, EEPEnbridge Energy approved to construct Sandpiper Pipeline Project in NDMarathon Petroleum
The North Dakota Public Service Commission issued its permit approving the North Dakota Pipeline Company LLC's Sandpiper Pipeline Project. The permit allows a subsidiary of Enbridge Energy (EEP) to begin construction of the Sandpiper Pipeline Project as early as July 1 in the state of North Dakota. North Dakota Pipeline Company LLC is a joint venture between Enbridge Energy Partners and Williston Basin Pipe Line, an indirect subsidiary of Marathon Petroleum (MPC). Marathon Petroleum is funding 37.5% of the Sandpiper Pipeline Project and will hold an approximate 27% interest in the North Dakota Pipeline Company when the Sandpiper Pipeline is anticipated to be placed into service in early 2016.
News For EEP;MPC From The Last 14 Days
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April 30, 2015
16:24 EDTEEPEnbridge Energy reports Q1 EPS 26c, consensus 22c
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07:09 EDTMPCMarathon Petroleum authorizes sale of marine assets to MPLX
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07:07 EDTMPCMarathon Petroleum reports Q1 EPS $3.24, consensus $2.87
Reports Q1 revenue $17.24B, may not compare to consensus $19.78B.
April 29, 2015
15:00 EDTMPCNotable companies reporting before tomorrow's open
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08:17 EDTMPCMarathon Petroleum announces 2-for-1 stock split
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08:16 EDTMPCMarathon Petroleum announces 2-for-1 stock split
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April 20, 2015
15:35 EDTMPCSenator to introduce legislation to repeal U.S. crude export ban, Fuelfix says
Senator Lisa Murkowski, the head of the Senate Energy and Natural Resources Committee, pledged during the IHS Energy CERAWeek conference to advance legislation lifting the U.S. ban on crude oil exports, reported Fuelfix. Publicly traded refiners include Delek US (DK), HollyFrontier (HFC), Marathon Petroleum (MPC), Phillips 66 (PSX), Tesoro (TSO), Valero (VLO) and Western Refining (WNR). Reference Link
14:56 EDTMPCSenator to introduce legislation to repeal U.S. crude export ban, Reuter says
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06:19 EDTMPCCiti still bullish on U.S. Refiners, Marathon Petroleum a top pick
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