Marathon Petroleum Corp

MPC: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$282.00	Wpqwt	Ffszlnm

Marathon's New Projects Should Further Improve Its Competitive Position

Allen Good

Feb 29, 2024

Business Strategy and Outlook

The combination of Marathon and Andeavor created the largest US refiner with facilities in the midcontinent, Gulf Coast, and West Coast. Marathon planned to leverage this geographically diverse footprint to optimize its crude supply from North America to reduce feedstock cost while also improving its operating cost structure.

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