Marathon Petroleum Gaining Attention of Investors: What You Need to Know

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Marathon Petroleum ($NYSE:MPC) Corporation has been gaining the attention of investors recently, and many are wondering what the future holds for this stock. Marathon Petroleum is one of the largest oil refiners in the United States, with a presence across the nation and facilities in six states. With its integrated operations spanning exploration and production, refining, marketing, retail and transportation, Marathon Petroleum has a wide array of products and services geared toward meeting the needs of all kinds of customers, from individual consumers to businesses. Marathon Petroleum’s stock has been on a steady rise year-to-date, and many investors are hoping that the company will continue to produce positive returns.

The spinoff is expected to provide more focus on each business, allowing investors to more easily assess potential growth opportunities within each company. Overall, Marathon Petroleum is a stock worth keeping an eye on as it continues to make moves that could have a positive impact on its performance in the coming months. With its integrated operations, its acquisition of Andeavor, and its upcoming spinoff of Speedway, Marathon Petroleum could be an attractive option for investors looking for potential growth opportunities.

Stock Price

On Wednesday, MARATHON PETROLEUM stock opened at $105.6 and closed at $104.9, representing a 2.7% drop from its previous closing price of $107.8. This news has generated a considerable amount of attention from investors, who are now wondering what to make of Marathon Petroleum’s current standing in the market. Despite this downward trend, there is still reason to believe Marathon Petroleum’s stock will rebound in the long-term. Investors looking for more information on Marathon Petroleum should consider the company’s recent financial statements and earnings reports. By analyzing its past performances and current trends, investors can gain a better understanding of what to expect from Marathon Petroleum in the future.

Additionally, it is important to keep an eye on political and economic developments, as these could have an impact on the company’s stock price. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Marathon Petroleum. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Marathon Petroleum. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Marathon Petroleum. More…

Key Ratios Snapshot

Some of the financial key ratios for Marathon Petroleum are shown below. More…

Analysis

At GoodWhale, we conducted an analysis of MARATHON PETROLEUM‘s fundamentals. According to our Star Chart, MARATHON PETROLEUM is strong in dividend, growth, and medium in asset and profitability. We have classified MARATHON PETROLEUM as a ‘cheetah’, a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. Investors who are looking for higher capital return may be interested in such companies. This is because even if these companies experience short-term volatility, they will generate higher returns in the long-term. MARATHON PETROLEUM is also highly financially healthy with a score of 8/10 considering its cashflows and debt, making it capable of safely riding out any crisis without the risk of bankruptcy. More…

Peers

Marathon Petroleum Corp is one of the largest oil refining and marketing companies in the United States. Its competitors include Valero Energy Corp, Phillips 66, MPLX LP.

– Valero Energy Corp ($NYSE:VLO)

Valero Energy Corp is a publicly traded company with a market capitalization of over $54 billion as of early 2021. The company is involved in the refining, marketing, and transportation of petroleum products. Valero is one of the largest refiners in the United States with operations in Canada, the Caribbean, the United Kingdom, and Ireland. The company’s return on equity (ROE) was over 37% in 2020.

Valero Energy Corp was founded in 1980 and is headquartered in San Antonio, Texas. The company operates through three segments: Refining, Ethanol, and Power. The Refining segment refines crude oil and other feedstocks into transportation fuels, including gasoline, jet fuel, diesel fuel, and propane. The Ethanol segment produces and sells ethanol and distillers grains. The Power segment generates and sells electricity and steam.

– Phillips 66 ($NYSE:PSX)

Phillips 66 is a holding company that owns and operates a diversified portfolio of midstream, chemicals, refining, and marketing businesses. Its midstream segment gathers, processes, transports, stores, and markets crude oil and refined products. The chemicals segment manufactures and markets petrochemicals and plastics. The refining segment refines crude oil and other feedstocks into petroleum products. The marketing segment buys, sells, and transports crude oil, refined products, natural gas, and power.

– MPLX LP ($NYSE:MPLX)

MPLX LP is a publicly traded master limited partnership that owns and operates midstream energy infrastructure assets in the United States. The company’s assets include a network of crude oil and refined product pipelines, storage facilities, and terminals. MPLX LP is headquartered in Findlay, Ohio.

MPLX LP has a market cap of $34.05 billion as of 2022. The company has a return on equity of 20.4%. MPLX LP’s assets include a network of crude oil and refined product pipelines, storage facilities, and terminals.

Summary

Marathon Petroleum Corporation is an attractive investment option for investors. The stock has been seeing increased interest from Zacks.com users lately. According to analysts, the company has a strong balance sheet and a healthy dividend yield. It’s also seen a recent uptick in sales and earnings growth, which has pushed the stock price up.

The company has also made strategic acquisitions and partnerships, which should help it continue to grow and provide value to shareholders. Overall, Marathon Petroleum is a promising long-term investment and has potential for further appreciation.