Is Marathon Petroleum (MPC) Price Justified After Strong Multi Year Share Gains

  • If you are wondering whether Marathon Petroleum’s current share price lines up with its underlying value, you are not alone. This article takes that question head on.
  • The stock recently closed at US$187.58, with returns of 9.2% over 7 days, 13.6% over 30 days, 13.6% year to date, 22.2% over 1 year, 63.8% over 3 years and a very large gain over 5 years.
  • Recent coverage of Marathon Petroleum has focused on how investors are reassessing large US refiners and fuel suppliers, paying close attention to capital allocation, refinery operations and product demand trends. This context helps frame why the stock’s recent moves have caught the market’s eye.
  • On our checklist, Marathon Petroleum scores a 4 out of 6 valuation score. We will unpack…

Source link