84.50 -0.55 (-0.65%)
After hours: 6:33PM EDT
|Bid||83.50 x 1800|
|Ask||84.50 x 900|
|Day's Range||84.94 - 88.45|
|52 Week Range||54.61 - 88.45|
|PE Ratio (TTM)||10.32|
|Earnings Date||Oct 24, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||1.84 (2.21%)|
|1y Target Est||98.95|
NEW YORK , Sept. 25, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600: S&P MidCap 400 constituent Rollins Inc. (NYSE: ROL) ...
Small caps advanced late Tuesday morning, but most U.S. stock indexes lingered just under the break-even line. In the meantime, the Federal Reserve began its two-day meeting. [ibd-display-video id=3746811 width=50 float=left autostart=true] The small-cap Russell 2000 rose 0.
Andeavor CEO Greg Goff spoke to the Business Journal on various topics after stockholders approved the pending $23.3 billion acquisition deal between the San Antonio-based refining company to Ohio-based Marathon Petroleum Corp.
Shareholders of both Marathon Petroleum Corp (MPC) and Andeavor have voted to approve the strategic combination of the 2 companies, MPC reveals.
The Business Journal takes a look at how Andeavor's $23.3 billion sale to Marathon Petroleum Corp. ranks among the largest business deals in San Antonio history.
In the previous article, we reviewed Delek US Holdings (DK), which has the highest implied gain among its peers based on Wall Street analysts’ mean target price.
In the previous article, we looked at Marathon Petroleum (MPC), which has the second-highest implied gain among its peers based on Wall Street analysts’ mean target price.
FINDLAY, Ohio, Sept. 24, 2018 /PRNewswire/ -- At special meetings today, shareholders of both Marathon Petroleum Corp. (MPC) and Andeavor (ANDV) voted to approve the strategic combination of MPC and Andeavor. MPC's proposal to issue shares in connection with the transaction was supported by approximately 98 percent of votes cast, representing approximately 73 percent of MPC's outstanding shares.
Shareholders of San Antonio-based refining company Andeavor and Ohio-based Marathon Petroleum Corp. (NYSE: MPC) overwhelmingly approved the companies' $23.3 billion acquisition deal.
According to the U.S. Energy Information Administration, the U.S. has been pumping about 10 million barrels of crude oil every day. By the end of 2019, the U.S. is expected to pump 11.8 million barrels a day. Domestic oil production is soaring so quickly, pipelines in the U.S. and Canada can’t transport it fast enough.
Delek US Holdings (DK) is currently trading at a forward PE ratio of 6.2x, below the peer average of 11.4x. Peer HollyFrontier (HFC) is trading below the peer average with a forward PE of 10.4x. However, peers Marathon Petroleum (MPC) and PBF Energy (PBF) are trading above the peer average with forward PEs of 12.7x and 12.1x, respectively.
MPLX LP has taken steps to expand its business in a new direction, which could give it the fuel to continue growing its 7.2%-yielding payout each quarter for at least the next few years.
North Dakota's daily crude production in July broke the previous all-time high set in May, while natural gas output and producing wells also hit records.
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Jen Rogers to discuss the latest market moves in crude oil and energy stocks.