I'm in the midwest where Marathon has been an increasing presence. They have been buying up small town franchises where rednecks drive big gas guzzlers and often drive out of town several days per week to work. The Marathons in this area seem to be better brands with better facilities than the competition.
Marathon's refining side may benefit from the summer spike, since they've been purchasing and procuring raw materials at record low price. Retail gasoline is already pushing 3.oo in the low-demand months.; I'll be surprised if gas doesn't rally in the spring.
Marathon also restarted the tank farm in oilfield, IL last year, causing speculation that they anticipate a demand spike.
MRO trades more with BP, XOM, & CVX. Take a look at todays chart and 1 year chart and you will see VRO and SUN trade together but not with MRO. Sector has been upgrades, oil is up, cost are down. MRO is a BUY in my opinion
amen. The price action of this stock was cruising up and down with clock like precision. I have yet to find a solid connection between the pps and any of the commodities mro is involved in...ex. oil goes up, mro stays put, nat gas moves, mro stays put. IMO it appears mro was manipulated by the mms and when they went home for the holidays/year end mro's stock became a rudderless ship. They do have a lot of debt, who knows, maybe they are just the ugly step-kid in the energy sector. I'm still long, for now.