Marathon Oil Stored at Texas Terminal Is Taxable, Court Told

Marathon Petroleum Co.‘s crude oil “is not merely passing through Texas” when it’s stored in a Corpus Christi export terminal ...
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Marathon Petroleum to Reap a Windfall on Venezuela Oil Boom

The world is still processing the nighttime raid on Venezuela by  U.S. forces on Saturday, capturing President Nicolás Maduro ...

How Low Can Marathon Petroleum Stock Go?

Marathon Petroleum (MPC) shares have declined by 13.8% over the course of 21 trading days. The recent decrease is driven by ...

We Think Marathon Petroleum (NYSE:MPC) Is Taking Some Risk With Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' So it seems the smart money knows that debt - which is ...

Why analysts are divided on Marathon Petroleum Corporation (MPC)

Marathon Petroleum Corporation (NYSE:MPC) is among the ridiculously cheap stocks to buy now. As of December 26, Marathon ...
Law

What Lawyers Are Watching: First Trial Wraps in Texas' New Business Court

Marathon Oil brought the case against its customer, Mercuria Energy America, over a $17.4 million invoice for damages. Marathon Oil did not breach its contract when it failed to supply gas during ...
Law

Texas Business Courts See First Trial

The case by Marathon Oil Company seeks to establish that it was excused from its gas supply obligations because of force majeure after its customer, Mercuria Energy America, sent the company an ...