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Marathon Petroleum Corp MPC Stock Quote

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NYSE:MPC

Morningstar‘s Stock Analysis MPC

Valuation
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Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Marathon Continues to Rack Up Strong Results and Repurchase Shares; Increasing Fair Value Estimate

Allen Good, CFA Sector Strategist

Business Strategy and Outlook

| Allen Good, CFA |

The combination of Marathon and Andeavor created the largest U.S. 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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Key Statistics MPC

Company Profile MPC

Business Description

Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 2.9 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility will have the ability to produce 730 million gallons a year of renewable diesel once converted. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.

Contact
539 South Main Street
Findlay, OH, 45840-3229
T +1 419 422-2121
Sector Energy
Industry Oil & Gas Refining & Marketing
Most Recent Earnings Sep 30, 2022
Fiscal Year End Dec 31, 2022
Employees 17,700

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