On Friday, Shares of Marathon Petroleum Corporation (NYSE:MPC), gained 1.03% to $51.97.
MPLX LP (MPLX), a master limited partnership sponsored by Marathon Petroleum Corporation, will host a conference call on Thursday, July 30, at 2 p.m. EDT to talk about 2015 second-quarter financial results, which will be released earlier that day, and to provide an update on partnership operations.
MPLX participants will be Pam Beall, president, and Tim Griffith, vice president and chief financial officer. The call will be hosted by Geri Ewing, director of investor relations.
Replays of the conference call will be accessible on the partnership`s website through Wednesday, Aug. 12.
Marathon Petroleum Corporation, together with its auxiliaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Pipeline Transportation.
Shares of Phillips 66 (NYSE:PSX), inclined 0.93% to $79.62, during its last trading session.
Phillips 66, will release its second-quarter 2015 financial results Friday, July 31, at 8 a.m. EDT. Later that day, Phillips 66 executive administration will host a conference call webcast at noon EDT to talk about the company’s second-quarter performance and provide an update on planned initiatives.
Phillips 66 operates as an energy manufacturing and logistics company. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks to its refineries and other locations; and delivers refined and specialty products, in addition to provides storage services for crude oil and petroleum products.
Finally, Valero Energy Corporation (NYSE:VLO), ended its last trade with 0.98% gain, and closed at $60.90.
Valero Energy Corporation’s director and an insider Stephen Waters made a sale of 5,000 company shares, in a transaction dated Friday, June 19th, having a total value $302,335 at an average stock price per share of $60.5. Stephen Waters now has ownership of 13,442 shares of the Company. The transaction was revealed in a filing with the SEC.
In other news, Valero Energy, is next planned to report quarterly earnings on 2015-07-30. Sell-side brokerages are expecting the company to report earnings of $1.84 per share, according to the 10 covering analysts that were polled by Zacks Research.
In terms of price targets, sell-side brokerage firms are projecting that the stock will reach the range of $63-90. The average number taken from the 10 surveyed analysts, often referred to as the consensus price target, stands at $71.6.
The company has also received recommendation from many analysts. 5 analysts have rated the company as a strong buy. The shares has been rated as hold from 5 Wall Street Analysts. 10 analysts have suggested buy for the company.
Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, product supply and distribution, and transportation operations.
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