Evercore ISI Group Maintains In-Line on Marathon Petroleum, Raises Price Target to $420

AI in Catalyst Development Global Patent Landscape Report, 2003-2025 | Projected $28 Billion AI in Chemicals Market Drives R&D and Licensing Opportunities by 2034

A comprehensive patent landscape analysis reveals 133 AI-driven catalyst development patents filed between 2003-2025, with the US and China leading innovation. The global AI in chemicals market is projected to grow from $2.29 billion in 2025 to $28 billion by 2034 at a 27.8% CAGR, driven by catalyst optimization, process automation, and predictive maintenance applications across chemicals, petrochemicals, and energy sectors.

Wells Fargo Maintains Overweight on Marathon Petroleum, Raises Price Target to $560

Wells Fargo analyst Sam Margolin maintains Marathon Petroleum (NYSE:MPC) with a Overweight and raises the price target from $400 to $560.

Citigroup Maintains Neutral on Marathon Petroleum, Raises Price Target to $518

Citigroup analyst Vikram Bagri maintains Marathon Petroleum (NYSE:MPC) with a Neutral and raises the price target from $318 to $518.

Shares of oil and gas refining and marketing companies are trading higher after BP issued a Q3 update that included a $1.9 to $2.1 billion boost from stronger refining margins, which may aid investor confidence in the sector's profitability. Also, bipartisan Congressional pushback on President Trump's plan to import Russian diesel may assuage concerns over competition from foreign oil product cargoes.