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Moody's raises its outlook on Marathon Petroleum (MPC -1%) to positive from stable, citing MPC's...

Moody's raises its outlook on Marathon Petroleum (MPC -1%) to positive from stable, citing MPC's increasing scale and process complexity from the recent upgrade of its Detroit refinery and acquisition of BP's Texas City refinery; it also affirms MPC's Baa2 rating. MPC benefits from its integrated business model, which is becoming increasingly rare in the refining sector, Moody's says.
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