Marathon Petroleum Corporation (MPC) continues to attract investors' attention, with a 207% gain recorded over the past five years. Several institutional investors have trimmed or sold their positions, including Glenmede Trust Co., Martingale Asset Management, UBS asset Management Americas, Infrastructure Capital Advisors, and MetLife Investment Management. On the other hand, shares of MPC were acquired or holdings raised by Fisher Asset Management, Zurcher Kantonalbank, Bank of Montreal, and Townsquare Capital. Marathon's financial results exceed expectations, with a strong operational performance leading the oil refining industry. MPC also announced the election of a new director and a strategic SWOT insight was provided. Despite strong Q3 earnings and a boost in stock buybacks, MPC stock underperformed when compared to competitors. Interestingly, the company's shares are deemed undervalued by 47% based on an intrinsic calculation. Also noteworthy are Marathon's achievements in the ENERGY STAR® Program, being named amongst the top 20 sustainable businesses in Texas, and investing $340K in Green Projects. Meanwhile, maintaining a keen focus on shareholders,
MPC is set to pay a US$0.91 dividend.
Marathon Petroleum Corporation MPC News Analytics from Tue, 30 Apr 2024 07:00:00 GMT to Sat, 30 Nov 2024 11:46:47 GMT -
Rating 5
- Innovation 7
- Rumor -3
