Third Point - MARATHON PETE CORP ownership

MARATHON PETE CORP's ticker is MPC and the CUSIP is 56585A102. A total of 1,443 filers reported holding MARATHON PETE CORP in Q3 2023. The put-call ratio across all filers is 0.74 and the average weighting 0.3%.

About MARATHON PETE CORP

Marathon Petroleum Corp. is a leading American petroleum refining company headquartered in Findlay, Ohio. The company operates 16 refineries across the United States, with a total refining capacity of 3.1 million barrels per day. Marathon Petroleum is also involved in the marketing and transportation of petroleum products, with a network of over 7,800 branded retail locations in the United States.

Marathon Petroleum has a strong leadership team, with Gary R. Heminger serving as the Chairman of the Board and CEO. Heminger has been with the company for over 40 years and has played a key role in its growth and success.

Despite the challenges faced by the petroleum industry in recent years, Marathon Petroleum has continued to perform well. In 2019, the company reported revenues of $123.9 billion and net income of $2.4 billion.

Marathon Petroleum has also been recognized for its commitment to sustainability and corporate responsibility. The company has implemented a number of initiatives to reduce its environmental impact, including investments in renewable energy and efforts to reduce greenhouse gas emissions.

Overall, Marathon Petroleum is a strong and reliable player in the petroleum industry, with a proven track record of success and a commitment to sustainability. Investors looking for a stable and profitable investment opportunity may want to consider adding Marathon Petroleum to their portfolio.

It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.

Quarter-by-quarter ownership
Third Point ownership history of MARATHON PETE CORP
ValueSharesWeighting
Q2 2019$223,520,000
+6.7%
4,000,000
+14.3%
2.62%
+12.4%
Q1 2019$209,475,000
-25.2%
3,500,0000.0%2.33%
+19.1%
Q3 2018$279,895,000
+28.7%
3,500,000
+12.9%
1.96%
+29.1%
Q2 2018$217,496,000
+48.7%
3,100,000
+55.0%
1.52%
+38.0%
Q1 2018$146,220,000
-5.2%
2,000,000
-27.3%
1.10%
-15.3%
Q3 2017$154,220,000
+68.1%
2,750,000
+175.0%
1.30%
-18.0%
Q4 2013$91,730,000
+14.1%
1,000,000
-20.0%
1.58%
-19.5%
Q3 2013$80,400,000
-10.7%
1,250,000
-44.4%
1.96%
-3.7%
Q2 2013$90,025,0002,250,0002.04%
Other shareholders
MARATHON PETE CORP shareholders Q3 2023
NameSharesValueWeighting ↓
STONEHILL CAPITAL MANAGEMENT LLC 262,000$16,194,0007.70%
Recurrent Investment Advisors LLC 211,049$13,045,0005.73%
Elliott Investment Management L.P. 10,570,000$653,332,0004.69%
ADAMS NATURAL RESOURCES FUND, INC. 267,985$16,564,0003.84%
swisspartners Advisors Ltd 85,320$5,274,0003.70%
Summit Street Capital Management, LLC 88,279$5,457,0003.63%
Refined Wealth Management 71,985$4,449,0003.60%
SIR Capital Management, L.P. 378,742$23,410,0003.43%
TOMS Capital Investment Management LP 869,670$53,754,0003.09%
GYROSCOPE CAPITAL MANAGEMENT GROUP, LLC 128,282$7,929,0002.99%
View complete list of MARATHON PETE CORP shareholders