Marathon Petroleum Corp

MPC: XNYS (USA)
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Marathon Continues to Benefit From Improved Market Conditions; Increasing Fair Value Estimate

Business Strategy and Outlook

The combination of Marathon and Andeavor created the largest US refiner with facilities in the midcontinent, Gulf Coast, and West Coast. Marathon planned to leverage this geographically diverse footprint to optimize its crude supply from North America, reducing feedstock costs and improving its operating cost structure.

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