Marathon Petroleum Watchlist

tz-plus logo Marathon Petroleum: More than just oil! How Marathon combines refineries, logistics, and biofuels!

A. Wimbauer
Reading Time: 3 minutes

The well-known Fear and Greed Index currently stands at a value of 28, just above extreme fear. Investors are cautious. High oil prices are weighing down and causing stocks in the "Energy" sector to rise sharply. Marathon Petroleum dominates the "Oil & Gas Refining & Marketing" industry with a price increase of nearly 22%. Where does the boost come from? Marathon operates the largest US refinery system with 3 million barrels per day Expansion of renewable diesel and extensive share buybacks Net profit jumps in Q2 from $1.2 billion...

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