Marathon Petroleum: Still Has Gas In The Tank After 100% Returns

PhotoTalkThesis In my original coverage of Marathon Petroleum (NYSE:MPC), I highlighted the company's diverse revenue streams, strong cash balances, and undervaluation given the sum of its individual parts. Following my original buy recommendation, the company is up over 100%. Now, after more than doubling in share price, the obvious reaction is to wonder if it's time to cash out, or to see if more can be squeezed out of MPC? In this article, I will show how strong crack spreads, coupled with rising dis ...