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home / news releases / CRAK - Marathon Petroleum: The Refining Sector Is Back

CRAK - Marathon Petroleum: The Refining Sector Is Back

VanEck Vectors Oil Refiners
  • Marathon Petroleum reported a better-than-expected adjusted income of $437 million, or $0.67 per share, for the second quarter.
  • The company repurchased shares worth $981 million during the second quarter as part of its announcement to buy back $10 billion in common stock.
  • I recommend buying MPC below $59.

For further details see:

Marathon Petroleum: The Refining Sector Is Back
Stock Information
Company Name: VanEck Vectors Oil Refiners
Stock Symbol: CRAK
Market: NYSE
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