MPC Ex-Dividend Reminder – 2/16/21

Looking at the universe of stocks we cover at Dividend Channel, on 2/16/21, Marathon Petroleum Corp. (Symbol: MPC) will trade ex-dividend, for its quarterly dividend of $0.58, payable on 3/10/21. As a percentage of MPC’s recent stock price of $49.84, this dividend works out to Source: Industry Insights

MPC March 26th Options Begin Trading

Investors in Marathon Petroleum Corp. (Symbol: MPC) saw new options become available today, for the March 26th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MPC options chain for the new March 26th contracts and identified one put and Source: Industry Insights

Notable ETF Inflow Detected – RDIV, MPC, PSX, MET

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P Ultra Dividend Revenue ETF (Symbol: RDIV) where we have detected an approximate $137.2 million dollar inflow — that’s a 22.4% incre Source: Industry Insights

Validea David Dreman Strategy Daily Upgrade Report – 2/3/2021

The following are today’s upgrades for Validea’s Contrarian Investor model based on the published strategy of David Dreman. This contrarian strategy finds the most unpopular mid- and large-cap stocks in the market and looks for improving fundamentals.ALLSTATE CORP (ALL) is a larg Source: Industry Insights

Marathon Petroleum Projects Lower 2021 Capital Spending Of $1.4 Bln – Quick Facts

(RTTNews) – While reporting its financial results for the fourth quarter on Tuesday, Marathon Petroleum Corp. (MPC) announced its 2021 standalone capital spending outlook of $1.40 billion, representing a reduction of $350 million from 2020.The company said it continues to progres Source: Industry Insights

U.S. refiner Marathon Petroleum's fourth-quarter loss narrows

U.S. refiner Marathon Petroleum Corp’s losses narrowed in the fourth quarter from the third, helped by a slight recovery in fuel demand on the back of easing COVID-19 restrictions and lower costs. Source: Industry Insights

U.S. oil refiners set for worst earnings quarter of the pandemic

U.S. refiners are girding for a painful slate of fourth-quarter earnings, reflecting the pressure of rising crude prices, weak demand due to renewed COVID-19 travel restrictions, and higher costs of associated with blending of renewable fuels into their products. Source: Industry Insights