Sharemaestro Newsreel

Phillips 66 (PSX) Beats Q2 Earnings and Revenue Estimates

Phillips 66 (PSX) reported strong Q2 2026 earnings, beating analyst estimates for both earnings per share ($9.41 vs. $7.68) and revenue ($52.04 billion vs. consensus). The company's shares have risen significantly this year, and while the immediate outlook is a Zacks Rank #3 (Hold), …

Marathon Petroleum (NYSE:MPC) Stock Price Expected to Rise, TD Cowen Analyst Says

TD Cowen has raised its price target for Marathon Petroleum (NYSE:MPC) to $375 from $357, maintaining a "buy" rating and suggesting a nearly 20% upside. This follows Marathon Petroleum's significant quarterly earnings beat, with $17.73 EPS against a $14.27 consensus and revenue up 53.5% …

Icahn Enterprises Q2 Revenue Rises To $3.0 Billion As Net Loss Widens

Icahn Enterprises (IEP) reported a rise in Q2 2026 revenue to $3.0 billion, up from $2.4 billion in Q2 2025. However, the company's net loss widened to $355 million, compared to $165 million in the prior year, resulting in a loss of $0.52 per …

Phillips 66 Q2 2026 earnings: Higher refining margins lift net income to $3.8 billion

Phillips 66 (NYSE: PSX) reported a substantial increase in net income to $3.847 billion in Q2 2026, up from $877 million in Q2 2025, primarily driven by significantly higher refining margins and a return to profitability in Renewable Fuels. The company also reduced its …

DKL Q2 net income falls to $28.9 million as revenue rises

Delek Logistics Partners (DKL) reported a decrease in Q2 2026 net income to $28.9 million, or $0.54 per diluted unit, from $44.6 million in the prior year, despite revenues rising to $384.8 million from $246.4 million. The company announced a quarterly cash distribution increase …

Marathon Petroleum Corp. Reports Second-Quarter 2026 Results

Marathon Petroleum Corp. (MPC) reported strong second-quarter 2026 results, with net income attributable to MPC reaching $5.1 billion, or $17.73 per diluted share, a significant increase from the previous year. The company achieved an adjusted EBITDA of $8.5 billion, driven by robust commercial and …

Delek Logistics Lifts Distribution to $1.135 After 54 Increases

Delek US reports $169.5M net income as refining margins rise

Delek US Holdings, Inc. announced strong financial results for Q2 2026, reporting a net income of $169.5 million and adjusted EPS of $5.48, significantly up from the previous year. The improvement was primarily driven by higher refining margins due to increased crack spreads and …

Pine Valley Investments Ltd Liability Co Sells 21,744 Shares of Valero Energy Corporation $VLO

Pine Valley Investments Ltd Liability Co significantly reduced its stake in Valero Energy Corporation (NYSE:VLO) by 94.9%, selling 21,744 shares but retaining 1,165 shares valued at $288,000. Despite this sell-off, Valero reported robust Q1 earnings, beating consensus estimates with an EPS of $12.54 and …

Par Pacific reports Q2 2026 net income $462.1M, Adjusted EBITDA $571.3M

Par Pacific reported strong financial results for Q2 2026, with net income attributable to stockholders reaching $462.1 million and Adjusted EBITDA at $571.3 million. The company achieved an Adjusted Net Income of $10.10 per diluted share and completed a significant $500 million senior unsecured …

Shell, Phillips 66 Put Explorer Pipe Stake on the Block

Shell and Phillips 66 are reportedly looking to sell their combined 60.5% stake in Explorer Pipeline Co., valued near $3.5 billion, according to Reuters. This move comes as Explorer Pipeline has experienced a decline in volumes and rates, despite growing Midwest fuel demand. The …

1,274,277 Shares in Clean Energy Fuels Corp. $CLNE Acquired by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership recently acquired 1,274,277 shares of Clean Energy Fuels Corp. (NASDAQ:CLNE) valued at approximately $3.16 million, representing 0.58% ownership. Other institutional investors like Vanguard Group Inc., JPMorgan Chase & Co., and SIR Capital Management L.P. also increased their holdings. Clean Energy …

Phillips 66 beats quarterly profit estimates on strong refining margins

Phillips 66 exceeded Wall Street's second-quarter adjusted profit estimates, driven by strong refining margins. The company's shares rose as U.S. refiners benefited from increased demand for fuel exports amid Middle Eastern tensions, pushing Phillips 66's realized margin to US$24.08 per barrel. The adjusted profit …

CrossAmerica declares $0.525 quarterly payout after Q2 results

CrossAmerica Partners (NYSE:CAPL) Releases Quarterly Earnings Results

Is Phillips 66 (PSX) Overvalued Even After Its $10b Buyback?

Phillips 66 (PSX) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Phillips 66 Q2 Adjusted Earnings Rise

Delek US (NYSE:DK) Releases Quarterly Earnings Results

All You Need to Know About Valero Energy (VLO) Rating Upgrade to Strong Buy

Marathon Petroleum (MPC) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

What To Expect From Clean Energy Fuels’s (CLNE) Q2 Earnings

Clean Energy Fuels (CLNE) is set to report its Q2 earnings this Thursday, with analysts expecting a 2.4% year-on-year revenue growth, a slowdown from the previous year. The company previously exceeded revenue and EPS expectations, and analysts have largely maintained their estimates for the …

Marathon Petroleum Profit Quadruples on Higher Refining Margins

Marathon Petroleum reported a quadrupling of its net income to $5.1 billion in Q2 2026, primarily driven by significantly higher refining margins in its Refining and Marketing division. The company's adjusted EBITDA also saw a substantial increase, and its renewable diesel division reversed previous …

PAR PACIFIC HOLDINGS ($PARR) Releases Q2 2026 Earnings

PAR PACIFIC HOLDINGS ($PARR) announced its Q2 2026 earnings, reporting $10.10 per share and revenues of $2,968,870,000, both exceeding analyst estimates. The article also details recent insider trading activity, primarily sales by executives, and significant institutional investor movements in PARR stock. Additionally, it highlights …

Marathon Petroleum (NYSE: MPC) CEO has 908 shares withheld for tax or exercise costs

Marathon Petroleum's CEO, Maryann T. Mannen, had 908 shares of common stock withheld on August 3, 2026, to cover tax or exercise obligations. The shares were valued at $311.78 each, totaling approximately $283,000. Following this transaction, Mannen directly holds 110,939 shares of the company's …

Sunoco (SUN) Stock Drops Despite Higher EBITDA Outlook And Cash Flow Strength

HF Sinclair Corporation (NYSE: DINO) in $212M stock repurchase deal with REH Advisors

HF Sinclair Corporation (NYSE: DINO) has agreed to repurchase 2,375,000 shares of its common stock from REH Advisors Inc. for $89.41 per share, totaling $212,348,750. This privately negotiated transaction, known as the Twenty-Third Repurchase Transaction, is expected to close around August 5, 2026. Following …

Marathon Petroleum (MPC) Stock Can Refining Strength Outrun Softer Forecasts

Delek Logistics Partners LP earnings missed by $0.34, revenue topped estimates

Delek Logistics Partners LP (NYSE: DKL) reported second-quarter earnings per share of $0.54, missing analyst estimates by $0.34. However, the company's revenue for the quarter came in at $384.76 million, surpassing the consensus estimate of $288.02 million. The stock has shown strong performance over …

Par Pacific (NYSE:PARR) Announces Earnings Results, Beats Estimates By $1.88 EPS

Par Pacific (NYSE:PARR) announced its quarterly earnings, reporting an EPS of $10.10, significantly surpassing analysts' consensus estimate of $8.22 by $1.88. The company's revenue increased by 56.8% year-over-year, while its net margin stood at 6.02% and return on equity at 34.38%. PARR shares were …

Marathon reports strong Q2 performance for renewable diesel segment

Marathon Petroleum Corp. reported strong second-quarter performance for its renewable diesel segment. The company's announcement was made on August 4, 2026. This news was highlighted by Erin Krueger in an article discussing advancements in renewable fuels.

Marathon Petroleum Corp (MPC) (Q2 2026) Earnings Call Highlights: Record EBITDA and Strategic ...

Marathon Petroleum Corp (MPC) reported strong Q2 2026 results with adjusted EBITDA of $8.5 billion and EPS of $17.73, driven by robust market conditions and operational excellence, including a record 112% R&M margin capture. The company returned $2.8 billion to shareholders, predominantly through share …

Par Pacific earnings surge on strong refining margins amid turnaround (PARR:NYSE)

PBF Energy (NYSE: PBF) CEO sells 225,473 shares after large option exercises

PBF Energy Inc. CEO and President Matthew C. Lucey exercised employee stock options for a total of 225,473 shares on August 3, 2026. These shares were acquired from fully vested 2017 and 2019 grants and then immediately sold. The sales generated approximate gross proceeds …

PBF Energy (NYSE: PBF) files amended notice on potential Class A stock sales

PBF Energy Inc. has filed an amended Form 144/A notice concerning potential sales of its Class A common stock. While the document lists Fidelity Brokerage Services LLC as the broker and a proposed sale date of August 4, 2026, it indicates zero shares and …

Earnings Flash (PARR) Par Pacific Holdings, Inc. Reports Q2 Revenue $2.97B, vs. FactSet Est of $2.40B

Par Pacific Holdings, Inc. (PARR) reported strong second-quarter revenue of $2.97 billion, significantly exceeding FactSet's estimate of $2.40 billion. The company, an energy provider supplying renewable and conventional fuels to the western United States, also posted Q2 adjusted EPS of $10.10 per share, surpassing …