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ExxonMobil (XOM), Pertamina Progress on CCS Hub in Indonesia https://www.zacks.com/stock/news/2276269/exxonmobil-xom-pertamina-progress-on-ccs-hub-in-indonesia?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2276269 May 20, 2024 - A joint study by Pertamina and ExxonMobil (XOM) estimates the basin to store up to three gigatons of carbon dioxide, potentially requiring an investment of $2 billion.
Petrobras (PBR) Hit by Dividend Fiasco: All You Need to Know https://www.zacks.com/stock/news/2276154/petrobras-pbr-hit-by-dividend-fiasco-all-you-need-to-know?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2276154 May 20, 2024 - Petrobras (PBR) ousted CEO's tenure was marred by disagreements with government-appointed board members over the decision to pay extraordinary dividends to its shareholders.
Equinor's (EQNR) Empire Wind 1 Gets Final Approval in New York https://www.zacks.com/stock/news/2275646/equinor-s-eqnr-empire-wind-1-gets-final-approval-in-new-york?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2275646 May 17, 2024 - Equinor (EQNR) receives the final approval from New York State to begin construction of the 810 MW Empire Wind 1 offshore wind farm, supporting the state's 9,000 MW wind power goal by 2035.
ExxonMobil (XOM) Strikes Oil With Likembe-01 Well Offshore Angola https://www.zacks.com/stock/news/2274361/exxonmobil-xom-strikes-oil-with-likembe-01-well-offshore-angola?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2274361 May 15, 2024 - ExxonMobil's (XOM) Likembe-01, well found in Angola's Block 15, signals a potential upturn in the country's oil fortunes, marking a significant discovery after years of dwindling output.
Bears are Losing Control Over Marathon Petroleum (MPC), Here's Why It's a 'Buy' Now https://www.zacks.com/stock/news/2274186/bears-are-losing-control-over-marathon-petroleum-mpc-here-s-why-it-s-a-buy-now?cid=CS-ZC-FT-tale_of_the_tape|hammer_chart_pattern_(ta)-2274186 May 15, 2024 - After losing some value lately, a hammer chart pattern has been formed for Marathon Petroleum (MPC), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
Down -13.99% in 4 Weeks, Here's Why Marathon Petroleum (MPC) Looks Ripe for a Turnaround https://www.zacks.com/stock/news/2272731/down-13-99-in-4-weeks-here-s-why-marathon-petroleum-mpc-looks-ripe-for-a-turnaround?cid=CS-ZC-FT-tale_of_the_tape|rsi-2272731 May 13, 2024 - The heavy selling pressure might have exhausted for Marathon Petroleum (MPC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Marathon Petroleum (MPC) Q1 2024 Earnings Call Transcript https://www.fool.com/earnings/call-transcripts/2024/04/30/marathon-petroleum-mpc-q1-2024-earnings-call-trans/?source=iedfolrf0000001 Apr 30, 2024 - MPC earnings call for the period ending March 31, 2024.
Marathon Petroleum (MPC) Rises As Market Takes a Dip: Key Facts https://www.zacks.com/stock/news/2262728/marathon-petroleum-mpc-rises-as-market-takes-a-dip-key-facts?cid=CS-ZC-FT-tale_of_the_tape|yseop_template_6-2262728 Apr 25, 2024 - In the most recent trading session, Marathon Petroleum (MPC) closed at $199.51, indicating a +0.19% shift from the previous trading day.
4 Attractive Value Picks Based on Discounted PEG https://www.zacks.com/stock/news/2260337/4-attractive-value-picks-based-on-discounted-peg?cid=CS-ZC-FT-analyst_blog|rw-2260337 Apr 23, 2024 - Here are the four stocks that match our screening criteria ??? SIG, VLO, MPC and LUNMF.
Has Global Partners (GLP) Outpaced Other Oils-Energy Stocks This Year? https://www.zacks.com/stock/news/2258451/has-global-partners-glp-outpaced-other-oils-energy-stocks-this-year?cid=CS-ZC-FT-tale_of_the_tape|yseop_template_1-2258451 Apr 19, 2024 - Here is how Global Partners LP (GLP) and Marathon Petroleum (MPC) have performed compared to their sector so far this year.

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