Marathon Petroleum Corp
MPC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|!$ | LOCK|?x>TF | LOCK|cq#j#C$T |
Marathon Petroleum Earnings: Divestiture of Refining Assets Focuses Portfolio on Gulf Coast
Marathon Petroleum's third-quarter earnings topped market expectations as strong operating performance continued to combine with a very strong market environment. It agreed to sell its St. Paul, MN, and Mandan, ND, refineries and associated midstream assets for $4.2 billion.
