Marathon Petroleum Corporation (MPC) stock is gaining due to global oil price increases

From Yahoo Finance: 2025-04-24 23:55:00

Energy stocks have seen a slight recovery, with a 2% gain last week due to global crude oil price increases. Liquified natural gas is also in focus with countries like India and Taiwan looking to buy American LNG to narrow trade gaps with the US.

Marathon Petroleum Corporation (MPC) is one of the top energy stocks gaining this week, ranking 4th on the list. The company operates the largest refining system in the US, with 3 million barrels per day of crude oil capacity across 13 refineries. Despite facing challenges, MPC topped estimates in Q4 2024.

MPC’s share price has fallen by over 32% in the last 52 weeks, reflecting challenges in the global refining sector. However, with slight recoveries in global oil prices, MPC’s share price has also rebounded. The company also has 13 billionaire holders in the Insider Monkey database.

While energy companies show potential, AI stocks may offer higher returns in a shorter timeframe. An AI stock that has risen since the beginning of 2025 may hold more promise than MPC. For those interested in AI stocks trading at less than 5 times its earnings, check out the report on the cheapest AI stock for potential gains.

Read more: Why Marathon Petroleum Corporation (MPC) Stock is Gaining This Week