Marathon Petroleum 4Q Profit, Revenue Fall
Marathon Petroleum reported a steep decline in profit for the fourth quarter, and revenue fell in line with analyst expectations. The refiner, transporter and marketer of petroleum products posted on Tuesday a fall in net income to $371 million, or $1.15 a share, compared with $1.45 billion, or $3.84 a share, in the same quarter a year ago.
Colombian energy company Ecopetrol said on Monday it has reached an agreement to renew its oil joint venture with Occidental ...
Occidental Petroleum Corporation's share price underperformed due to Goldman Sachs' downgrade. Click here to read why I rate ...
Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...
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