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Marked you back #20 - i dont have private message - have a nice week
ZipCash
MRO
Oil hits highest price since 2014.
https://www.cnbc.com/video/2022/02/22/oil-hits-highest-price-since-2014.html
Yep, no big deal. Pps up. Get on the money train, choo choo
GARYVILLE, La. (WGNO) — It was a scary morning for residents in Garyvill near the Maraton Refinery, where there was an explosion at the plant on Monday, February 21.
The incident was confirmed by the St. John Emergency Management Office just before 10 a.m.
Authorities with the St. John Sheriff’s Office say no deaths were reported in the incident, however, one person was injured.
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WGNO spoke to neighbors of the facility to gauge their reactions. Norco resident Ryan Brewer recalls his experience of the explosion:
“I was standing in the kitchen, just making breakfast. It was kind of weird because at the same time I closed my refrigerator door, our house shook pretty violently. Living around here, we’re used to things like this happening. It was violent so we didn’t think it was a transformer or anything. So the house shook and we went outside, assuming it was one of the plants right here in Norco and a few minutes later I check Facebook and found out it wasn’t.”
Louisiana State Police temporarily closed down Airline Highway between LA 54 and West 10th Street. The road has since reopened near Marathon.
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The refinery issued a statement regarding the explosion on Monday morning:
Marathon Petroleum is responding to a fire at its Garyville, Louisiana, refinery that began at approximately 9:30 a.m. Central Time. All employees and contract workers have been accounted for. One contract worker sustained an injury and is currently being evaluated at a local healthcare facility as a precaution. Air monitoring has been deployed in the community, and local emergency responders have been notified. The safety of responders, employees, contractors, and the community is our top priority as we work to extinguish the fire.
Adra Lee works across the street from the Marathon Refinery and is all shook up after the explosion.
“It was just a big, old boom. Like the world shook, the earth shook. Then I looked up and saw a big ball of fire. I almost fell down, but I balanced myself enough to stand up, but when I looked over to see what it was and I ran,” she said.
Adra’s relieved now knowing that everything is under control at the Marathon Refinery.
“There are no fatalities or injuries except a minor injury to a contract worker, who is being treated at a local facility,” Jaclyn Hotard, St. John Parish President said.
Hotard said there are no off-site impacts to the community, but they are monitoring the air quality.
“There is also air monitoring being conducted to determine the impacts to the community, we stand by the work with Marathon to see this through,” Hotard said.
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As for Adra, she says she can smell something in the air.
“It is a horrible smell. It is bad. We don’t know what it consists of, is it harmful to us,” she said.
Operations at the Marathon Refinery are back to normal. Workers were able to go about their normal workday.
Early this morning traffic was being diverted on Airline Highway from LA 54 to W. 10th Street.
This is a developing story. WGNO will continue to provide updates as new information becomes available.
Get the latest news sent to your inbox, click here to subscribe to WGNO Daily Headlines.
Categories: Local, Louisiana, News, St. John the Baptist Parish, Video
Tags: explosion, garyville, Louisiana, refinery, Reserve
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VIDEO: Explosion confirmed at Marathon Garyville Refinery
Kylee Bond and Kenny Lopez
16 hours ago
Yep, I tode you boys our cash would grow here. Jack Ching bada bing
Great ride again here !
GL to all us longs
Marathon Petroleum Corp (MPC.N) reported an adjusted profit on Wednesday compared to a loss a year earlier, following a recovery in demand for fuel and refined products.
The largest U.S. oil refiner posted an adjusted net income of $794 million, or $1.30 per share, in the fourth quarter, compared to a loss $608 million, or 94 cents per share, a year earlier.
Source: https://www.reuters.com/business/energy/marathon-petroleum-posts-profit-fuel-demand-recovery-2022-02-02/
Should be heading toward $30.. with increased dividend to .07
Marathon Oil 4TH/QTR Full-Year-2021-Earnings Feb 17/2022
Be sure to listen to the earnings call.
Ok
Back in here at $15.42
Oil price going back up soon IMHO
Getting close for me to buy back in soon
Approved 500M in 4th/QTR share-buybacks 2.5B future buybacks
I see the Marathon Oil Corporations BOD have authorized huge buybacks going forward
1. 200M already bought back
2. 500M in buybacks in the 4th QTR
3. Total of 2.5B worth of buybacks authorized going forward.
I like how 2022 is shaping up for MRO.
$18 by years end and $22 in 2022
If everything remains the same I see the stock moving to $18 by years end and with the companies stated commitment to shareholders should see $22 sometime in 2022.
Long and Strong...(MRO)
home heating oil much higher this year
I sold yesterday at $17.04
Over 300% return! ??
IN @ $3.76...OUT @ $17.00....LATER CHUMPS!!
I see Petrobras of Brazil just posted earnings smashing profit and margin estimates across the board. That company is worth incredible amounts of money with a Market Cap of 383b. The dividend is at 3.22 (10.99%).
Lets listen to the earnings call to see what MRO has planned for investors. IMO the dividend needs some work to at least to get it up to where its keeping up with inflation. Right now for example if the stock would remain at 16 dollars all next year you would be loosing money keeping it because of the low dividend.
My price target for 2022 is at 22 dollars.
Only the best to all of you.
MRO +1.54%
"Shares of Marathon Oil Corp. MRO, +1.54% advanced 1.54% to $16.45 Thursday.
The stock outperformed some of its competitors Thursday, as Exxon Mobil Corp. XOM, +0.28% rose 0.28% to $64.31, Chevron Corp. CVX, +0.94% rose 0.94% to $113.12, and Royal Dutch Shell PLC ADR Cl A RDS.A, -5.06% fell 5.06% to $47.44. Trading volume (12.8 M) remained 5.1 million below its 50-day average volume of 17.9 M."
https://www.marketwatch.com/story/marathon-oil-corp-stock-rises-thursday-outperforms-market-01635455408-79d8fcb779e4
I guess the manufacturing industry is ramping up its operations despite the effects of COVID. I remember seeing the process of just how cylinders for oil, gas, and hydrogen tanks were made and it takes a lot of effort. (For reference it this article)
HOUSTON, Oct. 27, 2021 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 6 cents per share on Marathon Oil Corporation common stock. This represents a 20% increase from the Company's last quarterly base dividend payment of 5 cents per share. The dividend is payable on December 10, 2021, to stockholders of record on November 17, 2021.
morning pepeoil
Yep, our cash will grow here
HOUSTON, Sept. 29, 2021 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its third quarter 2021 earnings news release on Wednesday, November 3, after the close of U.S. financial markets.
Yep, old Biden and Son will be flying those illegal immigrants north in the middle of the night.
Not seeing any big pullback in the share-price-here
Don't forget the airlines are nowhere near pre-pandemic levels. International flying has a long way to go not to mention the cruise industry getting back up and going.
It takes approx. 30K pounds of fuel for a narrow-body aircraft to fly from the east coast to the west coast so you can just imagine how much fuel is needed for a widebody aircraft to fly to an International destination (Lots of Jet-A fuel).
Yep, cash cow here. Jack Ching Bada bing, we hit it big here boys
Should see buyback and or dividend news soon
Sometime before earnings release.
$13.19 in pre-market this morning!
Movin on up
China’s failed attempt to lower oil prices
https://finance.yahoo.com/news/china-futile-attempt-send-oil-170000636.html
I pucked up a Bunch at 10.55 ... This is a Screaming Buy!!!
Oil is the Life Blod of the Military Industrial Complex ...
Shermann
$12.10
I’m in a loading zone again here !
Loaded more when stock dropped below 11 dollars
My price target remains at 16 dollars by year end.
Big drop in US Crude and Gasoline Inventories
https://finance.yahoo.com/m/0bf683fc-2c65-362a-af64-0894c0eb2dcf/oil-turns-higher-after-data.html
This should be a good Financial QTR2
This company is making big money right now. Hoping to see
price appreciation and or dividend increase after the results are
posted.
$12.60
Retraced 2%
I bought another tranche here !
* * $MRO Video Chart 06-01-2021 * *
Link to Video - click here to watch the technical chart video
EIA Reports Oil Draw on all Fronts
https://finance.yahoo.com/news/oil-rises-eia-reports-inventory-095709034.html
Zacks just upgraded MRO on 5/28/21
Looks like the next dividend checks will be cut on 06/12/21.
I hear you Mark and so do many tens of millions out there who Love the USA and its history and its founding principles, etc ... There is a revolution coming, make no mistake about it; and this Nation about to implode at the seems as I see it...
Word I get is Central banks collapsed and THEY are abusing/manipulating US securities markets to keep %%% and gain and keeping true problems form the general public's eye... One World Economy is the master plan after destruction of every nation on earth ...
Shutting domestic production down and we are actually buying Russian OIL and They HAVE convinced the Masses that Nationalism in our Government is bad. WTF
MRO is undervalued at this PPS
This company will be awash in cash this year. They have already
met the yearly business goals after just one QTR and raised the dividend
by over 30%.
The PPS will continue to go up thru the end of the year definitely to 16
dollars and many are saying even higher. The dividend will also go
higher and or special dividend checks will be cut to shareholders.
Yes I do agree the Biden admin is a complete disaster.
All overvalued IMHO and hyper inflation coming along with Stagflation of the 1970's.. !
Biden Admin just signed bill giving $3,600.00/child per year (paid in monthly installments) starting July 15th !!! Any household who makes less than $75K single or $150K jointly, and age of kids under 6...
MRO on sale today at a 2.6% discount
$11.22 as I type
Just picking up another tranche !
$11.65
pulled back after running up to $12.34 early this morning. Looking for a run up over the next few weeks.
MRO business plan way ahead of schedule
This company is going to have a good year.
https://finance.yahoo.com/news/marathon-oil-reports-first-quarter-200100225.html
I see the stock at 16 by yearend
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