Here's How Much $1000 Invested In Marathon Petroleum 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Marathon Petroleum (NYSE:MPC) has outperformed the market with an annualized return of 16.23%, turning a $1000 investment into $4,628.22 today. The company's market capitalization stands at $72.49 billion.
March 25, 2024 | 4:06 pm
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Marathon Petroleum has shown a remarkable performance over the last decade with a 16.23% annualized return, significantly outperforming the market.
The significant outperformance of Marathon Petroleum over the past decade, as highlighted by the 16.23% annualized return and the substantial growth of an initial $1000 investment into $4,628.22, underscores the company's strong market position and potential for continued growth. This historical performance, coupled with a current market capitalization of $72.49 billion, suggests a positive outlook for the company's stock in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100