Marathon Petroleum to sell two refineries in $4.2B deal, eyes Gulf Coast investment
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This report is about oil and refining.
Directly affected
- MPC Marathon Petroleum+9.5% 10d
Named in this report.
Indirectly affected
- USO United States Oil Fund+8.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “petroleum” (oil) in this story.
- XLE Energy Select Sector SPDR+8.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “petroleum” (oil) in this story.
- CRAK VanEck Oil Refiners ETF
VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “petroleum” (tanker shipping) in this story.
- XOM ExxonMobil Holdings+3.3% 15d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “petroleum” (oil) in this story.
- VLO Valero Energy+1.1% 30d
Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story.
- CVX Chevron+12.5% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “petroleum” (oil) in this story.
- COP ConocoPhillips+11.6% 30d
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “petroleum” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| MPC | +3.01% | +3.95% | base | after close | after close | after close | after close |
| USO | +5.38% | +6.75% | base | after close | after close | after close | after close |
| XLE | +2.64% | +4.95% | base | after close | after close | after close | after close |
| CRAK | +2.29% | +2.54% | base | after close | after close | after close | after close |
| BWET | +7.18% | +11.56% | base | after close | after close | after close | after close |
| XOM | +2.57% | +5.49% | base | after close | after close | after close | after close |
| VLO | +0.27% | +3.25% | base | after close | after close | after close | after close |
| CVX | +1.76% | +4.58% | base | after close | after close | after close | after close |
| COP | +3.21% | +6.66% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Marathon Petroleum to sell two refineries in $4.2B deal, eyes Gulf Coast investment BIC Magazine
Source: BIC Magazine
Price since this story was published: United States Oil Fund (USO)
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | three days earlier | +11.56% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +7.18% | final price |
| COP | three days earlier | +6.66% | final price |
| COP | five days earlier | +3.21% | final price |
| Vaneck Etf Trust (CRAK) | three days earlier | +2.54% | final price |
| Vaneck Etf Trust (CRAK) | five days earlier | +2.29% | final price |
| Chevron (CVX) | three days earlier | +4.58% | final price |
| Chevron (CVX) | five days earlier | +1.76% | final price |
| Marathon Petroleum (MPC) | three days earlier | +3.95% | final price |
| Marathon Petroleum (MPC) | five days earlier | +3.01% | final price |
| United States Oil Fund (USO) | three days earlier | +6.75% | final price |
| United States Oil Fund (USO) | five days earlier | +5.38% | final price |
| Valero Energy (VLO) | three days earlier | +3.25% | final price |
| Valero Energy (VLO) | five days earlier | +0.27% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | +4.95% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +2.64% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | +5.49% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +2.57% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. David J. Taylor sold Marathon Petroleum (MPC), worth $1,001 - $15,000 on 15 Oct 2026. That is 19 days before publication. Filed 29 Oct 2026. View the filing.
- Rep. David J. Taylor sold Marathon Petroleum (MPC), worth $1,001 - $15,000 on 22 Sep 2026. That is 42 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 20 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 64 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 20 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 41 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 62 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 69 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 71 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Conocophillips (COP), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 74 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around United States Oil Fund (USO)
Companies tied to this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Marathon Petroleum to sell two refineries in $4.2B deal, eyes Gulf Coast investment.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “petroleum” (oil) in this story
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Marathon Petroleum to sell two refineries in $4.2B deal, eyes Gulf Coast investment.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “petroleum” (oil) in this story
- CRAK Vaneck Etf Trust
For “Marathon Petroleum to sell two refineries in $4.2B deal, eyes Gulf Coast investment,” Vaneck Etf Trust (CRAK) is linked, with no stored direction, medium confidence. Reason on file: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story
- BWET Amplify Commodity Trust
In “Marathon Petroleum to sell two refineries in $4.2B deal, eyes Gulf Coast investment,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “petroleum” (tanker shipping) in this story
- MPC Marathon Petroleum
In “Marathon Petroleum to sell two refineries in $4.2B deal, eyes Gulf Coast investment,” Marathon Petroleum (MPC) is linked, with no stored direction, medium confidence. Reason on file: Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story
- XOM ExxonMobil Holdings
For “Marathon Petroleum to sell two refineries in $4.2B deal, eyes Gulf Coast investment,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “petroleum” (oil) in this story
- VLO Valero Energy
For “Marathon Petroleum to sell two refineries in $4.2B deal, eyes Gulf Coast investment,” Valero Energy (VLO) is linked, with no stored direction, medium confidence. Reason on file: Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story
- CVX Chevron
For “Marathon Petroleum to sell two refineries in $4.2B deal, eyes Gulf Coast investment,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “petroleum” (oil) in this story
United States Oil Fund (USO)
On 3 Nov 2026, “Marathon Petroleum to sell two refineries in $4.2B deal, eyes Gulf Coast investment” is the story that connects United States Oil Fund (USO) to this story.
What ties United States Oil Fund (USO) to the headline is this: United States Oil Fund: its price follows crude oil. Linked by “petroleum” (oil) in this story
Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: its price follows crude oil. Linked by “petroleum” (oil) in this story
Price levels for United States Oil Fund (USO)
USO traded between 141.82 and 171.80 across 20 sessions. The latest close on file is 156.89. XLE traded between 62.95 and 70.15 across 20 sessions. The latest close on file is 67.26.
A simple score for United States Oil Fund (USO)
46 out of 100
“Marathon Petroleum to sell two refineries in $4.2B deal, eyes Gulf Coast investment” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.