VLO - Marathon Petroleum Is A Good Investment For The Next 2 Years
- Marathon Petroleum is the largest oil refining company in the US and one of the largest in the world with a capacity of 3 million barrels per day.
- It is supposed to profit from the recovery once airlines rebound to pre-pandemic air traffic levels and gasoline demand increases.
- MPC reported strong Q4 2021 revenue and EPS and announced additional share buybacks.
- The biggest strength is its Midstream division with predictable, guaranteed cash flows, independent of the oil price.
- Despite dampened air travel throughout 2021, oil demand and refinery output show resilience.
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Marathon Petroleum Is A Good Investment For The Next 2 Years