TickerBrief

MPC · Marathon Petroleum Corporation

Marathon Petroleum Corp MPC

Refines crude oil into gasoline, diesel, and other petroleum products and distributes fuel through pipelines and retail stations.

Industry
Energy
Listed on
New York Stock Exchange
IPO
2011-06-23
Website
marathonpetroleum.com

Daily brief

Marathon Petroleum falls after Jefferies downgrade to Hold

-3.16% to $389.68 from $402.38

What moved MPC

  • Jefferies analyst Lloyd Byrne downgraded Marathon Petroleum to Hold from Buy.
  • The move came as refining shares broadly pulled back after a strong 2026 run, with no fresh company-specific negative news cited for Marathon Petroleum itself.
  • The pullback also coincided with easing crude oil prices as supply-disruption fears moderated.

Sources: Benzinga · Quiverquant · ad-hoc-news

More on Marathon Petroleum Corporation

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