Marathon, Teamsters reach pay deal at Detroit refinery

Teamsters at Marathon Petroleum's Detroit refinery ratified a seven-year agreement after a three-month strike, leading to plans for their return to work.

Trump's proposed tariffs on Canada would drive up pump prices, analysts warn

Earnings call: Marathon Petroleum sees strong Q3 with robust outlook

Marathon Petroleum reported Q3 2024 earnings of $1.87 per share and plans strategic investments amid anticipated record refined product consumption and shareholder returns.

Marathon Petroleum beats Q3 estimates, shares rise 4%

Marathon Petroleum's Q3 earnings surpassed expectations, with EPS at $1.87 and revenues at $35.37 billion, while projecting strong fourth-quarter refinery throughputs.

Marathon Petroleum earnings beat by $0.83, revenue topped estimates

Marathon Petroleum's Q3 EPS is $1.87, surpassing estimates. Revenue reached $35.37B. Stock down 16.77% in 3 months. Financial health rated as good.

Exxon director joins Elliott group seeking to acquire Citgo Petroleum

Exxon director Gregory Goff joins Amber Energy to bid for Citgo, navigating a competitive landscape against Exxon in oil refining amid legal and financial complexities in Venezuela.

Exxon director joins Elliott group seeking to acquire Citgo Petroleum

Gregory Goff, Exxon board member, becomes Amber Energy CEO to lead a bid for Citgo Petroleum, competing with Exxon in the oil refining business amid significant financial stakes.

Teamsters could extend strike to other Marathon refineries as Detroit negotiations stagnate

Marathon Petroleum faces a strike from 200 workers at its Detroit refinery, demanding higher pay and union security, with potential expansion to other plants.

US West Coast refiners still waiting for TMX margin boost

The expanded Trans Mountain pipeline has not significantly impacted U.S. West Coast crude costs; most TMX barrels are being exported to Asia, surprising analysts.