Refining stocks plunge to near two-year lows as Trump tariffs spur demand worries [Yahoo! Finance Canada]
Marathon Petroleum Corporation (MPC)
Last marathon petroleum corporation earnings: 1/29 06:30 am
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Source: Yahoo! Finance Canada
President Trump's announcement of new tariffs, as fears of slower oil and fuel demand and weakening refining margins rattled investors. Top refiners Marathon Petroleum, Valero Energy and Phillips 66 have shed more than $20 billion in market capitalization since Trump announced sweeping new tariffs on Wednesday afternoon, based on LSEG data. "We consider the adoption of the 'reconciliatory tariffs' will result in weaker global GDP growth and so lower oil demand growth, oil prices and weaker refining margins, as exemplified by the futures markets over recent days," Alan Gelder, vice president of refining, chemicals and oil markets at Wood Mackenzie. Crude oil futures were at their lowest in four years and heading for their biggest weekly losses in percentage terms in more than two years amid fears of escalating trade war as China ramped up tariffs on U.S. goods. Brent futures dived nearly 8% to $64.59 a barrel by 10:39 a.m. ET (14:39 GMT) while U.S. West Texas Intermediate crude
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MPC
News
- Fortune 500 Power Moves: Which executives gained and lost power this week [Fortune]Fortune
- Marathon Petroleum (MPC) Valuation Check After Recent Share Price Pullback [Yahoo! Finance]Yahoo! Finance
- Assessing Marathon Petroleum After A 381.5% Five Year Surge And Recent Pullback [Yahoo! Finance]Yahoo! Finance
- Marathon Petroleum Corp. Names Maria A. Khoury as Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- Marathon Petroleum Corp. Names Maria A. Khoury as Chief Financial OfficerPR Newswire
MPC
Earnings
- 11/4/25 - Miss
MPC
Sec Filings
- 12/18/25 - Form 8-K
- 12/16/25 - Form 4
- 12/16/25 - Form 4
- MPC's page on the SEC website