Marathon Petroleum Corp

MPC: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$575.00	Njvqlyp	Ztbbybg

Marathon's Continued Strong Performance Allows for Continued High Payouts

Allen Good

May 28, 2024

Business Strategy and Outlook

The combination of Marathon and Andeavor created the largest US refiner with facilities in the midcontinent, Gulf Coast, and West Coast. Marathon planned to leverage this geographically diverse footprint to optimize its crude supply from North America to reduce feedstock cost while also improving its operating cost structure.

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