Why Marathon Petroleum Is A Buying Opportunity In A Good-Yielding Stock
- MPC is poised to benefit from the growth in U.S. and Canadian shale development, and from the lower U.S. natural gas price.
- After the retreat in its stock price, it is now an excellent opportunity for long-term investment in MPC at a cheap price.
- MPC has compelling valuation metrics and strong earnings growth prospects; its PEG ratio is extremely low at 0.68.
- MPC is generating strong free cash flows, and it returns value to its shareholders by stock buyback and by increasing dividend payments.