Hints and tips:
...“Certain firms have reputations for being more litigious, being more activist and a lot of private equity don’t want to deal with those kinds of investors,” said Randy Raisman, managing director at Marathon...
...ESG in executive pay: Beyond the ‘fluff’ In 2018, Marathon Petroleum agreed to pay a $335,000 fine for a diesel spill that leaked into a river on the border between Indiana and Illinois....
...Elliott ran a similar campaign against Marathon Petroleum in 2019, which led to the replacement of the chief executive and the spin-off of its Speedway retail operation....
...petroleum products at higher national prices, generating outsized profits....
...Conoco, Occidental Petroleum, Devon Energy and Marathon Oil have all been mooted as possible buyers....
...But by hitching the company to Oneok, a fellow Oklahoma-based pipeline company that primarily ships natural gas and natural gas liquids, it would create a “more powerful growth engine” with more room to...
...A further $925mn will be granted to a project running through West Virginia, and partnered with Marathon Petroleum and EQT....
...Dealmakers said groups including Occidental Petroleum, ConocoPhilips and Marathon Oil could be among the next to make a move....
...Diamondback and Marathon Oil shelled out $3bn apiece to acquire land in the Permian and Eagle Ford basins....
...Two companies — Packaging Corporation of America and Marathon Petroleum — gave commitments on climate so the fund withdrew its proposals while in two others — NewMarket and Westlake — the annual meeting...
...The top performing S&P 500 companies in 2022 were oil and gas businesses. Total shareholder returns at Occidental Petroleum, Hess, Marathon, and Schlumberger soared more than 80 per cent in 2022....
...Marathon Petroleum recently estimated consumption was off by 3 per cent from pre-Covid-19 levels, a level that was “probably pretty sticky”, Brian Partee, the company’s senior vice-president, said recently...
...Other earnings: Rideshare company Uber, beer brewer Molson Coors, private equity firm KKR and petrol refiner Marathon Petroleum all report before the market opens....
...Elliott is no stranger to shaking up underperforming energy companies. It has called for a break-up of Marathon Petroleum in the US and the removal of its CEO in the past....
...Ride-share company Uber, beer brewer Molson Coors, private equity firm KKR, and petrol refiner Marathon Petroleum also report before the market opens....
...Shareholders of two independent refiners, Valero Energy and Marathon Petroleum, have enjoyed stock price rises of at least 78 per cent in the last year....
...“I understand that many factors contributed to the business decisions to reduce refinery capacity, which occurred before I took office,” Biden wrote in his letters, which were also sent to Marathon Petroleum...
...Other companies: Companies reporting before the bell include KKR, Molson Coors, Marathon Petroleum, Hilton Worldwide, Estee Lauder and Biogen....
...hearings and subpoenaed sometimes embarrassing company documents....
...Investments in energy companies such as Occidental Petroleum and liquefied natural gas export terminal operator Cheniere may benefit from soaring energy prices....
...Shareholders at Texas-based Occidental Petroleum also voted against a similar proposal last week by an overwhelming margin....
...Fuel refiners including Marathon Petroleum and ExxonMobil are adding “renewable diesel” to their product mix in response to government incentives for cleaner fuels....
...Valero, Chevron and Marathon Petroleum....
...Petroleum and Phillips 66....
...Japanese retail giant Seven & i Holdings agreed to buy the business — which owns about 3,900 petrol stations and convenience stores — from Marathon Petroleum in an all-cash deal last August as it looked...
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