VLO's refining outlook is supported by tight global fuel inventories, constrained capacity and strong international export demand.

Phillips 66 stock has delivered a very strong 5 year gain while both the Discounted Cash Flow (DCF) intrinsic value estimate and the earnings multiples currently indicate the shares trade at a discount to what those models suggest. Over 5 years, Phillips 66 has returned 307.1%, which puts extra focus on whether the current share price still leaves a margin between market price and estimated intrinsic value. The collapse of merger talks with Marathon Petroleum and the greenlight for the...

While crude oil is up about 50% in 2026, gasoline and diesel have risen more sharply. And the refiners are along for the ride.

Earlier this year, Phillips 66 reported very large year-on-year growth in adjusted Q2 earnings as wartime supply shortages and tighter global refining capacity lifted margins, while it advanced projects such as the Western Gateway pipeline and reduced debt alongside shareholder dividends and buybacks. Preliminary merger talks with Marathon Petroleum for a potential US$180.00 billion combination ultimately fell through amid regulatory and antitrust concerns, leaving investors to reassess...

Reports surfaced on August 14that refining giants Phillips 66 (NYSE:PSX) and Marathon Petroleum Corporation (NYSE:MPC) held preliminary talks earlier this year regarding a potential $180 billion mega-merger. The deal ultimately collapsed, largely due to regulatory hurdles; combining the two entities would have concentrated roughly 25% of U.S. refining capacity under one roof, triggering intense antitrust […]

Marathon Petroleum Corporation (NYSE:MPC) was held by 54 hedge funds at the end of Q1 2026 in the Insider Monkey database, down from 64 in the previous quarter. That said, while the number of hedge fund holders decreased, their cumulative investment value increased from $1.1 billion in Q4 2025 to $1.58 billion in Q1 2026. […]

Marathon Petroleum has delivered a very large 5 year return, yet the stock now screens as only roughly in line with its estimated intrinsic value and wider valuation checks suggest it is not a clear bargain. After a sharp recent move, the question for investors is whether the current price fairly reflects that performance or already builds in optimistic expectations. Over the past 5 years Marathon Petroleum has returned roughly 7x an initial investment, which places extra focus on whether...

A five-year correlation this low is not a statistical curiosity; it is what an earnings stream built on barrels and product margins looks like beside the index.

Few large-cap stocks offer a more direct way to capitalize on today's powerful transportation-fuel margins than Valero Energy (VLO).

In recent months, Marathon Petroleum has reported exceptionally strong quarterly results, running its refineries near record capacity as fuel shortages and high refining margins emerge amid the Iran war and broader crude supply disruptions. This operating performance, combined with sector-wide earnings strength and commentary that refiners were mispriced, has sharpened investor focus on how long elevated refining conditions and infrastructure investments can support Marathon’s business...

With 88% of S&P 500 companies having reported second-quarter results, Energy has delivered the strongest earnings growth of the index’s 11 sectors at 147% year-over-year and the strongest revenue growth at 42.5%.

Senior Market Strategist John Rowland, CMT, checks up on the crack spread trade, and takes a look at where investors can find alpha in the newest consumer energy trend.

A quiet energy giant has been running one of the market’s great cash machines, but what did that torrent of money actually buy for its owners.

Crude oil looks calm, but diesel tells a completely different story, and the gap between those two markets is quietly reshaping who profits and who pays at every level of the supply chain.

Phillips 66's midstream growth through the Western Gateway project may strengthen its cash flow while improving refining and marketing flexibility.

With so many S&P 500 stocks hitting new highs, investors are getting jaded. But it's important to note the stocks that have vaulted to highs.

Chevron's operational execution has been strong, but a smaller, high-visibility slice of its roadmap for future growth runs through some of the world's toughest neighborhoods. Here is what that means for the stock.

Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.

Marathon Petroleum has left the broader market in the dust over the past year, delivering standout gains, while Wall Street remains moderately bullish on the refining giant’s outlook.

Energy stocks rose Friday with the NYSE Energy Sector Index gaining 1.3% and the State Street Energy

Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index rising 1.4% and the St

A tie-up between two of America’s biggest refiners would have reshaped the industry, but antitrust concerns and operational complexity ultimately derailed the deal.

MPC's strong Q2 results, higher refining margins and improving earnings outlook support the rally, but cyclical risks raise the bar.

Marathon Petroleum, Phillips 66 and Valero Energy throw off record profits and cash. But other names may be more actionable.

Old-school energy companies are joining AI stocks in pushing the S&P 500 to record highs. Refiners Marathon Petroleum and Valero Energy have posted some of the week's biggest gains, rising 20% and 15% respectively through Thursday.

ExxonMobil's latest earnings call forced management to explain a strange problem: why its best project is so successful that the company's share of the oil is now falling.

A powerful run has paused, forcing investors to decide if this energy giant's operational engine has more fuel or if the market has already paid for the whole trip.

Why Marathon Petroleum Stock Is Back in Focus Marathon Petroleum (MPC) has moved back onto investors’ radar after a very strong second quarter earnings report, with refining and marketing operations outperforming expectations and unplanned refinery downtime hitting its lowest level this decade. See our latest analysis for Marathon Petroleum. The earnings surprise, lower refinery downtime and a fresh US$1.00 per share dividend declaration have come alongside strong share price momentum. A year...

HF Sinclair enters late 2026 with stronger earnings and cash flow, but its richer valuation and refining risks could temper upside.

Marathon Petroleum and Phillips 66 shares gained more than 3% each on Tuesday, helped by higher crude prices, while PSX stock also rose after finalizing a JV agreement for a $5 billion pipeline.

MPC's record quarter highlights how value chain optimization, reliability and high-return projects are boosting profitability.

ExxonMobil's stock trades like a class leader, but its report card tells a different story.

Marathon Petroleum (MPC) is well positioned to outperform the market, as it exhibits above-average growth in financials.

MPC expects crude oil throughput of 2,820 thousand barrels per day (mbpd) and total refinery throughput of 3,005 mbpd in the third quarter of 2026

MPC's rally has fundamental support from stronger refining economics, disciplined operations and rising midstream cash flow.

Here is how Marathon Petroleum (MPC) and PBF Energy (PBF) have performed compared to their sector so far this year.

Based on the average brokerage recommendation (ABR), Marathon Petroleum (MPC) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

Marathon Petroleum pairs 112% refining margin capture with $2.5B in buybacks as management projects strong refining conditions into 2027.

Gasoline prices are punishing drivers at the pump while a handful of companies are posting the most profitable quarters in their histories, and the structural reason this keeps happening has nothing to do with luck or crude oil prices.

The headline numbers for Marathon Petroleum (MPC) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Marathon Petroleum's share price has climbed sharply in recent years, yet the current Discounted Cash Flow (DCF) intrinsic value estimate still points to the stock trading at a discount to that valuation. Over the past 5 years, Marathon Petroleum has delivered a total return of about 7x, which puts recent gains in a longer term context that investors may consider when thinking about valuation today. The key support for the current valuation can come from Marathon Petroleum's ability to turn...

Marathon Petroleum (NYSE:MPC) reported second-quarter 2026 adjusted EBITDA of $8.5 billion and earnings per share of $17.73, as strong refining margins, high utilization and crude sourcing optimization lifted results across its operations. Cash flow from operations, excluding working-capital change

Marathon Petroleum’s second-quarter net income more than quadrupled from a year earlier as higher crack spreads drove a sharp increase in refining earnings.

MPC delivers $8.5 billion adjusted EBITDA and 112% margin capture, while navigating global refining disruptions and advancing shareholder returns.

Marathon Petroleum Corp. (NYSE:MPC) reported second-quarter 2026 results that comfortably exceeded Wall Street expectations, supported by significantly stronger refining margins and robust operational performance.

Higher crack spreads driven by Strait of Hormuz supply disruptions pushed the refiner's quarterly net income to $5.1 billion

Valero posts a broad-based Q2 beat as stronger refining, renewable diesel and ethanol profits boost earnings and cash flow.

Marathon Petroleum (MPC) delivered earnings and revenue surprises of +22.11% and +50.26%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Today Earnings (a.m.): Merck, Pfizer, McDonald's, Caterpillar, Spotify, Apollo, TPG, Marathon Petroleum, Archer-Daniels-Midland, DuPont, Kimberly-Clark Earnings (p.m.): SpaceX, Advanced Micro Devices, ...

The quarter that justifies this price leaned in part on war-tightened refining margins that management itself will not put a date on.