Marathon Petroleum Corporation Trading Volume Drops 30.65% Ranking 255th in Stock Market

Generado por agente de IAAinvest Market Brief
lunes, 19 de mayo de 2025, 8:12 pm ET1 min de lectura
MPC--

On May 19, 2025, Marathon Petroleum CorporationMPC-- (MPC) experienced a significant decline, with its trading volume dropping by 30.65% to 3.22 billion, ranking 255th in the day's stock market. The stock price fell by 1.13%, marking the second consecutive day of decline, with a total decrease of 1.83% over the past two days.

Marathon Petroleum Corporation is a leading player in the oil refining, transportation, and distribution sectors. The company's sales are primarily derived from refining and distribution activities, which accounted for 94.8% of its total sales in 2024. This segment involves the sale of 2.9 million barrels of refined products per day, categorized into various product types including gasoline, distillates, natural gas liquids and petrochemicals, asphalt, propane, and heavy fuel oil. As of the end of 2024, the company operated 13 refineries and a network of approximately 7,300 service stations across the United States. Additionally, the company is involved in transport and storage activities, which contributed 3.7% to its total sales, and the production and distribution of renewable diesel, which accounted for 1.5% of its sales.

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