Professional
Added to YB: 2024-09-25
Pitch date: 2024-06-30
MPC [bullish]
Marathon Petroleum Corporation
+4.36%
current return
Author Info
No bio for this author
Company Info
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States.
Market Cap
$57.2B
Pitch Price
$169.40
Price Target
N/A
Dividend
2.10%
EV/EBITDA
8.23
P/E
20.58
EV/Sales
0.71
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
Janus Henderson Global Select Fund Portfolio Holding: Marathon Petroleum Corporation
MPC: Shares down on weak global economy & CEO departure. Long-term bullish: focus on debt reduction, shareholder returns & potential for expanding refining margins due to capacity restrictions. Recent strong Q1 performance. Integrated oil co with promising outlook despite short-term headwinds.
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