QUICK SPARK: Marathon Petroleum Nears 10-Month Winning Streak Last Seen In 2013
Marathon Petroleum stock is one month-end close from a 10-month winning streak last seen in March 2013. ETF CRAK is up about 77% this year.
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Valero shares are up 140.6% in 2026, on pace for its best year ever; the diesel crack spread near $106 a barrel dwarfs gasoline's $31.
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Marathon Petroleum stock is one month-end close from a 10-month winning streak last seen in March 2013. ETF CRAK is up about 77% this year.
Consumers should expect "sticker shock" when their tanks are filled this winter, Lipow Oil's Andy Lipow told CNBC.
Marathon Petroleum Corporation's board of directors has declared a quarterly dividend of $1.10 per share, representing a 10% increase from the previous $1.00 per share.
Valero (VLO) stock rebounded nearly 2% premarket Wednesday, recovering after a 9.2% drop triggered by refining margin concerns.
Marathon Petroleum is expected to report Q3 2026 earnings of $25.74 per share, representing a 755.2% year-over-year increase, though revenues are projected to decline 6.4%. With an Earnings ESP of 0% and a Zacks Rank #1, the stock is not considered a compelling earnings-beat candidate. The company has beaten consensus estimates in 3 of the last 4 quarters, most recently delivering a 22.11% surprise.
U.S. diesel prices reached $6.276/gallon in October 2026, with tight global supply and elevated crack spreads expected to persist through 2027. Sky Quarry's Eagle Springs Refinery in Nevada began production with crack spreads of $133-$136/barrel, while major refiners including PBF Energy, CVR Energy, Marathon Petroleum, and Calumet reported strong second-quarter results driven by robust refining margins amid global distillate fuel shortages.