Published on 27 May 2024 on Simply Wall St. via Yahoo Finance
Marathon Petroleum Corporation (NYSE:MPC) shareholders might be concerned after seeing the share price drop 10% in the last month. But in stark contrast, the returns over the last half decade have impressed. In fact, the share price is 277% higher today. We think it's more important to dwell on the long term returns than the short term returns. Of course, that doesn't necessarily mean it's cheap now.
Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business.