Why does MPC invest in MPLX?

Further, the company's strategic investment in MPLX allows it to allocate a significant portion of its free cash flow to investor returns, including share buybacks. With MPLX covering the entire dividend and a portion of capital spending, MPC can maintain its share repurchase program, regardless of refining business cyclicality.

Should you buy Marathon Petroleum (MPC)?

Marathon Petroleum (MPC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this refiner have returned -1.4%, compared to the Zacks S&P 500 composite's +4.3% change.

How much does MPC cost per barrel?

MPC’s operating costs per barrel increased from $5.68 in the year-ago quarter to $6.14. This unit mainly reflects Marathon Petroleum’s general partner and majority limited partner interests in MPLX LP — a publicly traded master limited partnership that owns, operates, develops and acquires pipelines and other midstream assets.