Marathon Petroleum Corp
MPC: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$491.00 | Mgndzz | Kxbqbzxnv |
Marathon Earnings: Quarter Demonstrates Strong Operations and Cash Flow, but Shares Still Pricey
Narrow-moat Marathon Petroleum's second-quarter 2024 adjusted earnings fell to $1.4 billion from $2.2 billion a year ago, but once again far surpassing market expectations.