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, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility will have the ability to produce 730 million gallons a year of renewable diesel once converted. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.
A quick look at the price chart below shows us that the stock is up 37.55% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 3.30 which means that it remains undervalued.
(Shares)
Paul Singer – 11,065,000
Cliff Asness – 1,435,903
Ken Griffin – 1,368,257
Steve Cohen – 381,270
Bernard Horn – 360,394
Joel Greenblatt – 80,421
Ray Dalio – 32,871
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