New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 5, 2013
14:38 EDTMPC, PTRYPantry renews supply and trademark license agreement with Marathon Petroleum
The Pantry (PTRY) disclosed in a filing that the company elected to renew its Branded Product Supply and Trademark License Agreement with Marathon Petroleum Company (MPC) for a period of three years, commencing July 1, 2013 and ending on June 30, 2016.
News For PTRY;MPC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 1, 2015
11:10 EDTMPCMarkWest Energy unitholders approve combination with MPLX
Subscribe for More Information
November 30, 2015
14:52 EDTMPCEPA sets renewable fuel standards for 2014, 2015, 2016
The EPA announced it is finalizing the volume requirements and associated percentage standards that apply under the RFS program in calendar years 2014, 2015, and 2016 for cellulosic biofuel, biomass-based diesel, advanced biofuel, and total renewable fuel. EPA is also finalizing the volume requirement for biomass-based diesel for 2017. The final 2016 standard for advanced biofuel is nearly 1 billion gallons, or 35 percent, higher than the actual 2014 volumes, while the total renewable standard requires growth from 2014 to 2016 of over 1.8 billion gallons of biofuel, or 11% higher than 2014 actual volumes. The EPA set the renewable fuel target for 2015 at 16.93B gallons and the 2016 target at 18.11B gallons. Companies involved in renewable fuel production include Pacific Ethanol (PEIX), Gevo (GEVO), Renewable Energy (REGI), FutureFuel (FF) and Amyris (AMRS). Publicly traded companies in the refiner space, which may be impacted by the EPA's renewable fuel standards, include Delek US (DK), HollyFrontier (HFC), Marathon Petroleum (MPC), Phillips 66 (PSX), Tesoro (TSO), Valero (VLO) and Western Refining (WNR). Reference Link
November 25, 2015
07:36 EDTMPCMarathon Petroleum price target raised to $70 from $60 at Oppenheimer
Oppenheimer expects Marathon to generate free cash flow of $1.6B this year and $0.7B next year, before acquisitions and share repurchases. The firm says the company's valuation is attractive, and it keeps an Outperform rating on the shares.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use