5 Best Oil Refinery Stocks To Buy

2. Marathon Petroleum Corporation (NYSE:MPC)

Number of Hedge Fund Investors in Q2 2023: 42

Marathon Petroleum Corporation (NYSE:MPC) is an American feed stock and oil refining company. It met the broader refinery trend in Q3 2023 when its earnings showed that an adjusted net income per share of $8.14 beat analyst estimates of $7.75.

For their June quarter of 2023 shareholdings, 42 among the 910 hedge funds profiled by Insider Monkey were Marathon Petroleum Corporation (NYSE:MPC)’s investors. Paul. Singer’s Elliott Management is the biggest stakeholder among these due to its $1.2 billion investment.

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