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 16.25%, turning a $1000 investment into $4,520.52. The company's market capitalization stands at $73.41 billion.
April 16, 2024 | 6:30 pm
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Marathon Petroleum has shown a significant outperformance in the market with a 10-year annualized return of 16.25%, growing a $1000 investment to $4,520.52.
The substantial growth in investment value over a decade highlights Marathon Petroleum's strong market performance and potential for continued positive returns. This historical performance, especially outperforming the market average, suggests a positive outlook for the stock in the short term, assuming market conditions remain favorable.
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