Marathon Petroleum Corporation (MPC) owns 21%, or one million barrels per day (BPD), of Mid-Continent and Rockies refining capacity. While its operations remain steady as it integrates Andeavor, it's experiencing both seasonal winter product decline and the pressure of lower stock market momentum. So although the company benefits more than ever from discounted crudes, it also offers a heightened dividend yield of 3.2% at its current stock price.
Brief Company Summary
Marathon Petroleum is based in Findlay, Ohio, and employs about 44,000 people full time.
With a Dec. 26, 2018, closing stock