Marathon Petroleum is a leading energy company primarily engaged in the refining, processing, and distribution of petroleum products
The company operates a vast network of refineries and terminals that enable it to efficiently convert crude oil into gasoline, diesel, jet fuel, and various other specialized products. In addition to its refining operations, Marathon Petroleum is involved in the transportation and marketing of these products, offering a wide array of services to consumers and businesses. The company is also committed to sustainability and innovation, exploring ways to enhance operational efficiency while reducing its environmental impact.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Tuesday. Below you can find the top S&P500 gainers and losers in today's session.
The US market is yet to commence its session on Tuesday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
U.S. stocks advanced midday Tuesday, demonstrating resilience despite escalating geopolitical tensions and trade uncertainties between the world’s two largest economies.
Marathon Petroleum reported Q4 results with higher revenues, adjusted EBITDA, and EPS exceeding consensus. It also announced dividends and share buybacks for shareholders.
Traders adopted a cautious approach on Monday as they awaited two critical inflation reports due later this week, seeking clarity on Federal Reserve interest rate policy.
Canada is considering export taxes on goods, including uranium, oil and potash, if President-elect Donald Trump imposes the broad tariffs he has pledged.
Trump's energy plans could reshape US markets with potential tariffs, increased production, and LNG exports. Goldman Sachs breaks down winners and losers.
