Marathon Petroleum Corporation (MPC) has been drawing interest from investors, exhibiting a sizable 24% Return On Equity that excites shareholders and
demands attention. Many banks and financial groups, such as Fifth Third Bancorp, RFG Advisory LLC, and Secure Asset Management LLC, are
actively adjusting their positions in MPC's stock. MPC has declared a substantial quarterly
dividend of $0.91 and the corporation is set to host its 2025 annual meeting virtually.
Susan Tomasky, a director of Marathon Petroleum, is due to
retire this April. A recent Short Interest insight into MPC warns of potential financial dangers. Despite this, Morgan Stanley ranks MPC as one of the
best cyclical stocks for economic recovery. MPC's stock has currently underperformed relative to the broader market, but
institutions dominate the ownership, holding roughly 76% of all shares. They also posted strong Q2 2024 results, leading the Oil Refining Industry. Lastly, MPC is preparing to release key financial results for Q4 2024.
Marathon Petroleum Corporation MPC News Analytics from Thu, 08 Aug 2024 07:00:00 GMT to Sat, 25 Jan 2025 13:22:42 GMT -
Rating -3
- Innovation 0
- Information 7
- Rumor -5
