Marathon Petroleum Corp. (MPC) - Bull of the Day

By Zacks.com,  August 03, 2012, 01:00:01 AM EDT

We are maintaining our Outperform recommendation on Marathon Petroleum Corp. ( MPC ). Spun out of parent Marathon Oil Co. in 2011, the company is a leading refiner and marketer of petroleum products in the U.S.

Our bullish investment theme stems from Marathon Petroleum's scale advantage, impressive asset quality, and an extensive midstream/retail network that diversifies its portfolio and provides more stable revenue streams. We believe management's recently commenced $2 billion share repurchase program and potential formation of a midstream MLP could further boost shareholder value.

Marathon Petroleum's low debt ratio and hefty cash balance add to the positive sentiment. All in all, we believe the company is well positioned going forward and view it as an attractive investment.
 
MARATHON PETROL (MPC): Free Stock Analysis Report
 
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Stocks

Referenced Stocks: MPC



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