Marathon Petroleum

  • Oil and Gas Stocks Are Cheap: Really?!

    By AnnaLisa Kraft - August 8, 2013 | Tickers: HAL, MPC, NOV

    A bass voice solemnly intones, "In a world where defensive stocks are at all time highs, P/Es are stretched to the breaking point, and the best performers are overbought one investment banker has the courage to list 40 cheap stocks."

    Goldman Sachs came out on August 7 with its list of the top 40 cheapest stocks and the ones with the most upside were overwhelmingly oil and gas stocks more »

  • Are Refiners Making a Comeback?

    By Lior Cohen - August 8, 2013 | Tickers: MPC, VLO, WNR

    During the past month, petroleum-refining companies have rallied:  Shares of Valero Energy (NYSE: VLO) rose by nearly 3.8%. Based on the latest development in the oil market including the sharp rise in the price for oil, will shares of leading refining companies keep rising? Is the refinery industry heating up? 

    Refinery inputs are rising

    According the U.S Energy Information Administration, in the past several months refinery inputs have more »

  • Do Squeezed Margins Spell Trouble for These Refiners?

    By Bob Ciura - August 2, 2013 | Tickers: MPC, PSX, VLO

    To say that the publicly-traded oil refinery stocks had been on a tear in recent months would be an understatement. For instance, Phillips 66 (NYSE: PSX) traded for $30 per share shortly after being spun-off from ConocoPhillips back in June 2012, then soared to $70 per share one year later.

    The economics of the refining industry were extremely favorable for these stocks as oil prices stayed low, and consequently, their more »

  • Why Oil Prices Could Plummet in 2014

    By Marie Palumbo - July 26, 2013 | Tickers: CVI, MMP, MPC, PSX, VLO

    Filling up the gas tank is always a challenge. It's painful to watch as the dollar amount rises far more quickly than the gallons going into your tank.  Thankfully, there’s hope: new pipelines to Gulf Coast refineries bring the (hopeful) promise of lower gas prices to drivers throughout the United States. But while construction may yield some tangible results for consumers, investors are in the best position to more »

  • Will Keystone Increase the Price You Pay at the Pump?

    By Robert Baillieul - July 23, 2013 | Tickers: MPC, SU, TRP

    Will TransCanada's (NYSE: TRP) Keystone XL pipeline increase the price you pay at the pump? One study says it will. According to a report by the non-profit Consumer Watchdog, Keystone would increase the price of gasoline for millions of American consumers. Here's an excerpt:

    "U.S. drivers would be forced to pay higher prices for tar sands oil, particularly in the Midwest. There, gasoline costs could rise by more »

  • Shrinking Brent-WTI Spread: Why You Should Avoid These Midwest Refiners

    By Sarfaraz Khan - July 12, 2013 | Tickers: HFC, MPC, VLO

    The Brent crude-West Texas Intermediate (WTI) spread has fallen to its lowest levels in more than two and a half years to $4.31 by the end of first week of June. This after touching this year’s peak of $23.19 in the first quarter, which shows a decline of more than 80%. The spread represents the difference between Europe’s Brent crude and the WTI crude, which trades more »

  • High-Quality Companies Coming off Their 52-Week Highs

    By Federico Zaldua - July 3, 2013 | Tickers: IPAR, KKR, MPC

    Here I chose three companies with high-quality fundamentals and a consistent history of returning value to shareholders. All three companies trade at least 14% off their 52-week highs and meet a variety of appealing criteria:
    1. Positive free cash flow (FCF) per share and operating income per share.
    2. Dividend coverage ratios of 170% or higher.
    3. No negative one-, three- of five-year dividend growth.
    Let's take a one-by-one look at the more »
  • Filling Up Your Portfolio

    By Marshall Hargrave - July 2, 2013 | Tickers: MPC, PSX, VLO

    Over the past twelve months, the oil and gas refiners have been filling up portfolios with growth in their stock prices. All the major refining and marketing companies are up over 50% during the past twelve months, these include Phillips 66 (NYSE: PSX)Marathon Petroleum (NYSE: MPC) and Valero (NYSE: VLO)

    The refining companies could continue their solid outperformance over the interim. The Energy Information Administration estimates that oil production more »
  • Billionaire T. Boone Pickens’ High Upside Potential Picks

    By Meena Krishnamsetty - July 2, 2013 | Tickers: APC, MPC, PSX, RAM, TSO

    While the trailing P/E multiple is a useful value metric, it does not take a company’s future growth prospects into account. If investors don't mind incorporating a little more uncertainty into their analysis, they can also consider the PEG ratio, which is based on the P/E multiple and on analyst expectations for future earnings growth and is, therefore, a way to measure a stock’s upside more »

  • Billionaire Andreas Halvorsen’s New Stock Picks

    By Meena Krishnamsetty - July 1, 2013 | Tickers: ADBE, CX, MPC, BA, VLO

    We track quarterly 13F filings from hundreds of hedge funds, including billionaire (and Tiger Cub) Andreas Halvorsen’s Viking Global. We have found that the information in 13Fs can be used to develop profitable investing strategies; for example, the most popular small cap stocks among hedge funds earn an average excess return of 18 percentage points per year (learn more about our small cap strategy). By comparing the most recent more »

  • Billionaire Israel Englander’s Cheap Stock Picks

    By Meena Krishnamsetty - June 28, 2013 | Tickers: LYB, MPC, MDR, NOV, PSX

    While we don’t recommend blindly following hedge fund activity from 13F filings, we do consider these filings potentially useful for many investors. The most popular small cap stocks among hedge funds, as determined by our analysis, generate an average excess return of 18 percentage points per year (learn more about imitating hedge funds' small cap picks).

    We also like to apply traditional stock screens, including the traditional value criteria more »

  • Billionaire Andreas Halvorsen’s Cheap Stock Picks

    By Meena Krishnamsetty - June 27, 2013 | Tickers: COF, LYB, MPC, ALL, VLO

    Viking Global, a hedge fund managed by billionaire and Tiger Cub Andreas Halvorsen, filed its 13F for the first quarter of 2013 with the SEC in May. These filings disclose many of hedge funds’ long equity positions in U.S. stocks as of the end of the most recent fiscal quarter; despite the age of this information, we’ve actually found that the most popular small cap stocks among hedge more »

  • Billionaire David Shaw’s Cheap Stock Picks

    By Meena Krishnamsetty - June 27, 2013 | Tickers: AAPL, XOM, MPC, PFE, WFC

    We track quarterly 13F filings from hundreds of hedge funds and other notable investors, including billionaire David Shaw’s large hedge fund D.E. Shaw. While one way to make use of this information is to compile 13Fs and use them to develop investment strategies (we have found, for example, that the most popular small cap stocks among hedge funds earn an average excess return of 18 percentage points per more »

  • 3 Intriguing Plays That This Hedge Fund Is Focusing On

    By Meena Krishnamsetty - June 27, 2013 | Tickers: INFY, MPC, TEVA

    At Insider Monkey, we’ve reported on quite a bit of first quarter 13F filings thus far, but one hedge fund we haven’t taken a look at is Bernard Horn's Polaris Capital Management. Established in 1995, Polaris is an equity-focused investment firm with a penchant for value, and it recently reported that it manages over $4 billion in assets. It’s always important to track hedge fund sentiment more »

  • Will Gas Prices Hit $4 a Gallon?

    By Lior Cohen - June 18, 2013 | Tickers: CVX, MPC, VLO

    In a recent interesting article by the Fool it was asked and answered why gas prices won’t break the $5 a gallon mark anytime soon. The author made some interesting and convincing arguments; however, based on the recent developments in the oil market, gasoline price might resume their rally and break the $4 a gallon mark in the coming months. Let’s examine the recent developments in the gasoline more »

  • A Few Reasons Why This Refiner Should Continue to Soar

    By Piyush Arora - June 3, 2013 | Tickers: MPC, MUR, VLO

    Due to volatile crude prices and fluctuating demand over the last year, oil refineries have been hit hard. Usually in stressed industries, finding value picks is a daunting task. But, shares of Murphy Oil (NYSE: MUR) have risen nearly 45% over the last year on the back of its solid financial performance. Now that its shares seem to be approaching fair value, the Street is doubting the sustainability of this more »

  • 5 Energy Picks From T. Boone Pickens

    By Mark Yagalla - May 28, 2013 | Tickers: APA, GDP, MPC, PXD, RAM

    T. Boone Pickens is perhaps the most famous energy-focused hedge fund manager in the world. At 85 years young, he has spent practically his entire life in the oil patch and there's no sign of him slowing down. He started his firm BP Capital in the late 1990s with a few million dollars and grew that small amount to nearly $5 billion in 2008 at its peak. He lost more »

  • Don’t Miss Out on These Energy Stocks

    By Austin Higgins - May 24, 2013 | Tickers: CHK, MPC, PSX

    The country is still in midst of an energy boom. Oil and gas refining companies have seen solid growth this year. Companies are reporting earnings for the first quarter of this year. Here are three companies that you shouldn't miss. 

    A nice short run benefit

    Phillips 66 (NYSE: PSX) is a downstream oil and gas company. It has three separate divisions, including refining and marketing, midstream, and chemicals. Its more »

  • These 4 Refiners Are Still Cheap

    By Mark Yagalla - May 16, 2013 | Tickers: MPC, PSX, TSO, VLO

    It was a rough April for the refiners. At the beginning of the month, the EPA outlined a proposal to reduce sulfur in gasoline starting in 2017. That news knocked prices down 10% to 15% across the entire sector. As the month progressed, the Brent/WTI spread has narrowed as WTI prices gained compared to Brent prices. According to Platts:

    Refiners, on the other hand, have been enjoying better refining more »

  • Phillips 66 and ConocoPhillips a Year Later

    By Erin McBride - May 14, 2013 | Tickers: COP, MRO, MPC, PSX

    One year ago Phillips 66 (NYSE: PSX) and ConocoPhillips (NYSE: COP) happily split up. One year later, both companies appear to be all the better for it.

    Phillips 66 became the downstream company, focusing on refining and marketing, while ConocoPhillips (who kept its name in the amicable breakup) focuses on exploration and production.

    After one year, Phillips 66, one of the largest U.S. independent refiners, has reported first-quarter earnings more »

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