Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:
Marathon Petroleum Corp (MPC)
Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 2.9 million barrels per day. Its Dickinson, ND, facility produces 184 million gallons a year of renewable diesel. Its Martinez, CA, facility will have the ability to produce 730 million gallons a year of renwable diesel once converted. The firm also owns and operates midstream assets primarily through its listed MLP, MPLX.
A quick look at the price chart below shows us that the stock is up 68.12% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 5.60, which means that it remains undervalued.
Superinvestors who currently hold positions in the company include:
(Shares)
Paul Singer – 11,065,000
Jim Simons – 2,824,999
Ken Griffin – 2,737,541
Israel Englander – 2,471,585
Cliff Asness – 648,494
Ray Dalio – 303,890
Steve Cohen – 261,800
Joel Greenblatt – 160,507
Paul Tudor Jones – 99,914
Ken Fisher – 7,355
Murray Stahl – 7,120
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