Marathon Petroleum Corp. stock outperforms competitors on strong trading day - MarketWatch
Marathon Petroleum Corp. stock outperforms competitors on strong trading day - MarketWatch
Shares of Marathon Petroleum Corp. MPC, +2.31% advanced 2.31% to $151.81 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
SPX,
+0.45%
rising 0.45% to 4,740.56 and the Dow Jones Industrial Average DJIA,
+0.00%
remaining mostly unchanged at 37,306.02.
Marathon Petroleum Corp. closed $7.84 short of its 52-week high ($159.65), which the company achieved on November 2nd.
The stock outperformed some of its competitors Monday, as Exxon Mobil Corp. XOM, +0.74% rose 0.74% to $101.65 and Chevron Corp.
CVX,
+0.22%
rose 0.22% to $149.68.
Trading volume (3.2 M) eclipsed its 50-day average volume of 3.1 M.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Related Knowledge Center: ENERGY BASICS: petroleum
While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.