Marathon Petroleum Corporation (MPC) and its subsidiary
MPLX LP published a sustainability report, and a TCFD-aligned climate perspectives report. MPC is to
go ex-dividend soon. We see several acquisitions and share transactions from Blue Trust Inc., Sumitomo Mitsui Trust Holdings, Gradient Investments LLC, Cornerstone Wealth Management LLC, Assenagon Asset Management S.A., ORG Partners LLC, and more. However, insiders are selling off sizable amounts of MPC stock. The corporation withdrew from the $925 million
Prairie Horizon Hydrogen Project. Their Q2 2024 earnings call exhibits profits and have been surpassing estimates, triggering an uptrend in the stock market though there were reports questioning MPC's riskiness. The company's high institutional ownership continues to grow. Their latest stakeholder is Maryann Mannen who has been named the new
CEO. MPC's SWOT analysis lends insight into their strategies. Hemming the flow of MPC news is a blend of caution. Despite setbacks and dips in the market, the corporation's resiliency puts it in good stead for future gains.
Marathon Petroleum Corporation MPC News Analytics from Wed, 24 Jan 2024 08:00:00 GMT to Sun, 18 Aug 2024 15:50:09 GMT -
Rating 5
- Innovation -2
- Information 8
- Rumor -7