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Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011.
In 2011, Marathon completed the corporate spin-off of Marathon Petroleum, distributing a 100% interest to its shareholders. [18] In June 2013, Marathon sold its Angolan oil and gas field to Sinopec for $1.52 billion. [19] In September 2013, Marathon sold a 10% stake in an oil and gas field offshore Angola for $590 million to Sonangol Group. [20]
Marathon Petroleum, operating extensively in the U.S., runs one of the largest refining systems with a capacity to process approximately 3 million barrels of crude oil daily. The company boasts an ...
Marathon Petroleum (MPC) closed the most recent trading day at $106.06, moving -0.73% from the previous trading session.
Marathon Petroleum (MPC) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes. Marathon Petroleum (MPC) Looks Good: Stock Adds 8.4% in Session Skip to main ...
In the latest trading session, Marathon Petroleum (MPC) closed at $98.70, marking a -1.39% move from the previous day.
To the annoyance of some shareholders, Marathon Petroleum (NYSE:MPC) shares are down a considerable 38% in the last...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the ...