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MarketBeat
MarketBeat
Business
Peter Frank

Marathon Petroleum Is Back, But Cycles Still Matter

Marathon Petroleum (NYSE: MPC) is one of the most powerful energy companies in the United States, and as might be expected, it is having a very good year.

With an earnings rebound in this year’s first quarter, the company has stronger refining margins, positive returns for its renewable diesel, and surging cash from operations. It’s also, as usual, returning abundant capital to shareholders.

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