Texas City, Marathon and Shelter
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Bunge and CF Industries surge to the top of the S&P 500 after the US proposed to increase the amount of biofuels that oil refiners must blend into gasoline and diesel over the next two years
The coast-to-coast tanker operations are backed by a safety-focused culture that drives it to industry success. Learn more about why Marathon Petroleum was awarded the
Gasoline production was cut back on Saturday at Marathon Petroleum's 631,000 barrel-per-day (bpd) Galveston Bay Refinery in Texas City, Texas due to a fire on the residual hydrotreater, said people familiar with plant operations.
Analysts have recently evaluated Marathon Petroleum and provided 12-month price targets. The average target is $168.82, accompanied by a high estimate of $185.00 and a low estimate of $141.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 1.69%.
Marathon Petroleum Corp. closed 14.38% below its 52-week high of $183.31, which the company reached on July 31st.
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Investor's Business Daily on MSNMarathon Petroleum Gets Relative Strength Rating UpgradeA Relative Strength Rating upgrade for Marathon Petroleum shows improving technical performance. Will it continue?
This was the stock's third consecutive day of gains.