The-Trend-is-the-Friend

MPC - Still a long way to go to find harmony and balance

Long
NYSE:MPC   Marathon Petroleum Corporation
MPC (along with all refiners) appear considerably cheap to replacement value. MPC's chart pattern indicates it has placed in an upward sloping wedge formation.
PetroChina building refining capacity to the tune of $70,740 per refined barrel. This is above the industry average of $32,800. With these new figures in place,
industry replacement value offers a substantial upside. Cash Flow, Share Buy-Backs, Cash Levels are all strong!
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.