MPLX LP (MPLX) Posts Q1 Loss of 33c/Share
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UPDATE: Stifel Upgrades MPLX LP (MPLX) to Buy
April 29, 2016 8:22 AM UTC(Updated - April 29, 2016 9:22 AM EDT)
Stifel upgraded MPLX LP (NYSE: MPLX) from Hold to Buy with a price target of $36. Analyst Selman Akyol said the company's private preferred issuance removes near term equity needs.
"MPLX LP reported a relatively in... More
Credit Suisse Upgrades MPLX LP (MPLX) to Outperform
April 29, 2016 6:45 AM UTCCredit Suisse upgraded MPLX LP (NYSE: MPLX) from Neutral to Outperform with a price target of $40.00 (from $35.00).
Analyst J. Edwards commented, "We are upgrading MPLX on a solid beat this quarter and rising likelihood of dropdowns before the 2019 timeline outlined in... More
Marathon Petroleum (MPC) Misses Q1 EPS by 14c
April 28, 2016 6:39 AM UTCMarathon Petroleum (NYSE: MPC) reported Q1 EPS of $0.01, $0.14 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $12.83 billion versus the consensus estimate of $13.08 billion.
First-quarter 2016 earnings include a charge of $0.04 per diluted share related to a goodwill impairment... More
