Marathon Petroleum Corp
MPC: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$664.00 | Wqqvp | Cpkrjqcn |
Marathon Continues to Rack Up Strong Results and Repurchase Shares; Increasing Fair Value Estimate
Business Strategy and Outlook
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.