Union approves national agreement negotiated with Marathon for 30,000 oil industry workers

HOUSTON, Feb 6 (Reuters) - The United Steelworkers union (USW) adopted a national agreement negotiated with Marathon Petroleum for use in contracts between 30,000 oil industry workers and their ...

ConocoPhillips Restructuring After Marathon Oil Deal Puts Cost Savings In Focus

ConocoPhillips (NYSE:COP) has doubled its expected synergy capture after integrating Marathon Oil, reaching over $1b in ...

Marathon Petroleum Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

It's been a pretty great week for Marathon Petroleum Corporation ( NYSE:MPC ) shareholders, with its shares surging ...
Oil & Gas Journal

Marathon Petroleum posts year-over-year rebound in quarterly net income

Marathon Petroleum posted an increase in year-over-year net income to $4.0 billion, driven by strong refining margins and operational efficiency.. The company plans $1.5 ...

Union neither accepts nor rejects last Marathon offer on US refinery pact, sources say

By Erwin Seba HOUSTON, Feb 2 (Reuters) - The United Steelworkers union (USW) has neither accepted nor rejected the last offer from Marathon Petroleum for a new four-year labor agreement for U.S.

Marathon Petroleum outlines $700M refining investment for 2026 amid 20% year-over-year reduction, with focus on margin optimization and capital returns

For 2026, planned capital investment in refining is $700 million, a nearly 20% reduction year-over-year, with further reductions anticipated in 2027 and 2028. Turnaround expenses are expected to be $1 ...

Marathon Petroleum jumps 6% after easy Q4 earnings topper on surging refining margins

Marathon Petroleum shares jumped 6% after routing expectations for Q4 adjusted earnings and revenues, as refining margins ...

Marathon Petroleum begins national contract talks with union

By Erwin Seba HOUSTON, Jan 23 (Reuters) - The United Steelworkers union and Marathon Petroleum began negotiating on Friday a new multi-year contract for U.S. refinery and chemical plant workers with ...

Why Smart Money Is Piling Into COP After Earnings Miss: The Marathon Deal Just Changed Everything

ConocoPhillips reported disappointing fourth-quarter results on February 5, 2026, missing both earnings and revenue estimates as lower oil prices overshadowed production gains from the Marathon Oil ...

Marathon Petroleum Posts Jump in 4Q Profit as Refining Margins Increase

Marathon Petroleum's fourth-quarter profit jumped, despite roughly flat revenue, boosted by higher refining margins. The Findlay, Ohio, refiner and pipeline operator on Tuesday posted a profit of ...

Marathon Petroleum stock hits 52-week high at $202.33

Marathon Petroleum Corp (MPC) stock reached a 52-week high, closing at $202.33. This milestone reflects the company’s robust performance over the past year, with its stock price increasing by 31.76%.

Union approves contract negotiated with Marathon for 30,000 oil industry workers

By Erwin Seba HOUSTON, Feb 6 (Reuters) - The United Steelworkers union adopted on Friday a national agreement negotiated with ...