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Marathon Petroleum (MPC) has been awarded the 2024 ENERGY STAR Partner of the Year - Sustained Excellence Award by the U.S. Environmental Protection Agency for the fifth consecutive year. The award recognizes MPC's continuous improvement in energy savings and environmental performance. MPC's achievements in 2023 include reducing greenhouse gas intensity for the ninth year, completing an insulation project to lower energy consumption and emissions, and receiving ENERGY STAR certifications for five refineries.
Rhea-AI Impact
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End-of-Day
-0.2%
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Marathon Petroleum supports high school students in North Dakota aspiring to become professional firefighters through a grant for equipment and certification courses. The program aims to provide hands-on experience and career opportunities for students interested in firefighting.
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End-of-Day
0.74%
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Marathon Petroleum Corp. (MPC) will host a conference call on April 30, 2024, to discuss its 2024 first-quarter financial results. Interested parties can listen to the call on MPC's website. Financial information will be available online.
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End-of-Day
0.6%
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Marathon Petroleum's Patty Furuseth receives Outstanding Safety Professional Award from North Dakota Safety Council for her dedication to improving safety in the Bakken oil field region.
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End-of-Day
-0.19%
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MPC Engineering Director Jeannette Jones shares insights on International Women's Day in Denver, Colorado.
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End-of-Day
4.24%
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Marathon Petroleum Corporation's Vinvale and East Hynes fleets in California's Los Angeles Basin have successfully transitioned to renewable diesel, reducing their carbon footprint. This transition is part of Marathon Petroleum's larger initiative to promote sustainability and a cleaner future.
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Rhea-AI Sentiment
End-of-Day
1.24%
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Marathon Petroleum's Neal Pit Wildlife Habitat in Illinois reopens after being destroyed by a tornado, with employee volunteers and community members working together to rebuild the popular nature reserve.
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End-of-Day
-2.32%
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Marathon Petroleum Corporation's Anacortes, Washington, refinery received an award for the best private-sector project of 2023 under $10 million from the Northwest Construction Consumer Council. The project involved reducing nitrogen oxide (NOx) emissions, resulting in a 31% reduction, equivalent to 321 tons per year. The initiative incorporated innovative selective non-catalytic reduction (SNCR) technology, using ammonia from a specific refinery waste stream, and has applied for a U.S. utility patent. The project was recognized for safety, efficiency, and being under budget.
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Rhea-AI Sentiment
End-of-Day
1.77%
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Marathon Petroleum Corp. (MPC) announced the election of Eileen P. Drake and Kimberly N. Ellison-Taylor to the board of directors, effective March 1, 2024. Both bring extensive experience from complex industries. Drake previously served as CEO and president of Aerojet Rocketdyne Holdings, Inc., while Ellison-Taylor was a global leader at Oracle Corporation. The elections will increase the MPC board to 13 directors.
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Rhea-AI Sentiment
End-of-Day
1.17%
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MPLX LP reported a strong fourth-quarter net income of $1.1 billion and adjusted EBITDA of $1.6 billion. The full-year 2023 net income was $3.9 billion and adjusted EBITDA was $6.3 billion, with $5.4 billion net cash provided by operating activities and $5.3 billion distributable cash flow. The company returned $3.3 billion of capital to unitholders and announced a 10% quarterly distribution increase for the second consecutive year. The acquisition of a partner's interest in the G&P joint venture and a 2024 capital spending outlook of $1.1 billion were also highlighted.
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Rhea-AI Sentiment
End-of-Day
6.09%
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MARATHON PETROLEUM CORPORATION
NYSE:MPC
MPC Rankings
MPC Stock Data
63.26B
360.22M
0.3%
78.39%
2.13%
Petroleum Refineries
Manufacturing
United States of America
FINDLAY
About MPC
headquartered in findlay, ohio, marathon petroleum corporation (mpc), together with its subsidiaries, including marathon petroleum company lp and speedway llc, is one of the largest petroleum product refiners, marketers and transporters in the united states. mpc is the nation’s fourth-largest refiner and the largest refiner in the midwest. mpc’s refining, marketing and transportation operations are concentrated primarily in the midwest, gulf coast and southeast regions of the u.s. mpc operations are strategically located to serve major markets. they include a seven-plant refining network, a comprehensive terminal and transportation system, and extensive wholesale and retail marketing operations. this includes both the marathon brand and mpc’s wholly-owned retail marketing subsidiary, speedway llc, the nation’s fourth-largest chain of company-owned and -operated retail gasoline and convenience stores.