Refiner Marathon Petroleum reported its highest quarterly profit in four years on Tuesday and topped analysts’ profit estimates, as prolonged disruptions to crude supplies through the Strait of Hormuz lifted refining margins.
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August 4, 2026 - 14:22
Marathon Petroleum posts highest profit since 2022 as supply disruptions lift margins
By Pharos Investment Advisors Comments are Off
May 29, 2024 - 14:40
Marathon Oil Stock Climbs. It’s Being Bought by ConocoPhillips.
By Pharos Investment Advisors Comments are Off
Marathon Oil was rising early Wednesday after an announcement it will be bought by ConocoPhillips. It’s the latest in a series of major U.S. oil-and-gas deals.
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