12 Best Crude Oil Stocks To Buy According to Hedge Funds

Page 2 of 10

9. Marathon Petroleum Corporation (NYSE:MPC)

Number of Hedge Fund Holders: 57

Marathon Petroleum Corporation (NYSE:MPC) is known for its high shareholder returns, with the company distributing over $1.3 billion to shareholders through dividends and repurchases in the first quarter of 2025. MPLX – the midstream business of Marathon Petroleum – has increased its distribution payment every year since its formation in 2012 and remains well-positioned for further growth, since it has several new projects coming online in the next few years.

Marathon Petroleum Corporation (NYSE:MPC) revealed in May that its midstream business had already announced over $1 billion of strategic acquisitions since the beginning of 2025, which are all expected to be immediately accretive.

Moreover, Marathon Petroleum Corporation (NYSE:MPC) maintains a strong balance sheet, with approximately $3.8 billion in consolidated cash at the end of Q1 2025. Supported by additional undrawn credit facilities of $5 billion, the company is positioned well to have ample liquidity to endure market fluctuations.

Marathon Petroleum Corporation (NYSE:MPC) is a leading integrated downstream energy company that operates the largest refining system in the United States.

Page 2 of 10