A huge jump in refining profit powered Marathon Petroleum's third quarter. Here's how much of it the company actually ...
Refining margins drove R&M adjusted EBITDA to $9.9 billion from $1.8 billion a year ago. Management is handing the windfall straight back, raising the dividend 10% and adding $5 billion in buyback ...
Refining, not oil supply, is the critical pinch point in the global fuel system. Multiple wars show refineries now have the ...
Key TakeawaysMarathon Petroleum fell 7% today, with Valero Energy down 8%, Phillips 66 down 7% and HF Sinclair down 7%, while the S&P 500 rose. None of the four had news, but crude oil pulled back as ...
Marathon Petroleum (NYSE:MPC) climbs on firm refining margins and tight supply ahead of its third-quarter report. A neutral look at the refining and marketing group.
Pure refiners and integrated oil majors are trading as if they belong to entirely different industries today, and the reason comes down to one economic relationship that separates how each type of ...
Energy led the market in Q3 2026, but refiners delivered the biggest gains as strong fuel margins propelled Marathon Petroleum, Phillips 66, and Valero sharply higher.
Stronger fuel margins are lifting refining profitability, putting Marathon Petroleum, Valero Energy and Phillips 66 in the ...
allAfrica.com on MSN
Dangote Petroleum Refinery Logs $4.7 Billion Profit in Nine Months On Higher Refining Throughput
The corporation attributed the turnaround in earnings and improvement in other key performance metrics to higher refining throughput, improved operational reliability and more robust refining margins.
Tribune Online on MSN
Nigeria’s refining capacity rises by 13,540 percent to 682,000bpd in five years
Following the implementation of the Petroleum Industry Act (PIA), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says domestic crude oil refining capacity has increased ...
Explore physical distillation techniques used in petroleum analysis, including atmospheric, vacuum, and crude oil ...
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