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Enter Symbol:
Rating: MPC
Outperform $70

Marathon Petroleum Corp (NYSE: MPC) upgraded to Outperform with price target $70 by Oppenheimer

Wednesday,  Nov 25, 2015  9:25 AM ET by Dave Ficere

Oppenheimer upgraded Marathon Petroleum Corp (NYSE: MPC) to Outperform with
price target $70. Previously Oppenheimer rated Perform Marathon Petroleum Corp (NYSE: MPC) on 10/04/2013, when the stock price was $32.42.

Marathon Petroleum Corporation (Marathon Petroleum) is a petroleum product refiners, transporters and marketers in the United States. The Company's refining, marketing and transportation operations are concentrated in the Midwest, Gulf Coast and Southeast regions of the United States. These include a six-plant refining network, a terminal and transportation system, and wholesale and retail marketing operations. This includes both the Marathon Brand and Marathon Petroleum?s wholly owned retail marketing subsidiary, Speedway LLC and operated retail gasoline and convenience stores. Effective as of June 30, 2011, Marathon Petroleum was separated from Marathon Oil Corporation (Marathon Oil) and became an independent company in a spin-off transaction.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.

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