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Barchart
Barchart
Jim Van Meerten

Marathon Petroleum Stock Just Hit New Highs, But Oil Price Risks Remain

Marathon Petroleum Marathon Petroleum Oil Barchart MPC
  • Marathon Petroleum (MPC) exhibits strong technical momentum, recently hitting a new all-time high.
  • Shares are up more than 120% over the past year.
  • MPC maintains a 100% “Buy” technical opinion from Barchart.
  • Future performance is highly sensitive to refining margins and oil prices, with downside risk if oil drops to $75 per barrel.

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