Marathon Petroleum Corporation (MPC) Looks to Continue to Trade Above its Annual-High Share Price

February 9, 2022 11:03:51

Shares of Marathon Petroleum Corporation (NYSE:MPC) traded today at $80.63, eclipsing its 12-month high. This new high was reached on below average trading volume as 599,000 shares traded hands, while the average 30-day volume is approximately 7.3 million shares.

Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 2.9 million barrels per day.

In the past 12 months, shares of Marathon Petroleum Corporation have traded between a low of $48.13 and a high of $80.63 and are now at $80.12, which is 66% above that low price.

Marathon Petroleum Corporation is currently priced 0.8% above its average consensus analyst price target of $79.45.

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