Marathon Petroleum Corp
MPC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|PM | LOCK|>Z&> | LOCK|k&hFML#m |
Marathon Petroleum Earnings: Past Improvement Results in Continued Strong Performance
Strong refining performance, including a capture rate of 105% and utilization of 97%, led to Marathon Petroleum exceeding second-quarter earnings expectations. MPLX announced a $2.375 billion acquisition of Northwind Midstream, expanding its Permian footprint
