Marathon Petroleum Corp. shares slipped 1.58% to $54.25 Thursday. This proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.15% to 34,987.02 and the S&P 500 Index SPX falling 0.33% to 4,360.03.
Marathon Petroleum Corp. closed $10.59 short of its 52-week high ($64.84), which the company reached on June 10th. The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Exxon Mobil Corp. XOM fell 0.97% to $58.95, Chevron Corp. CVX fell 0.66% to $101.30, and BP PLC ADR BP fell 2.30% to $24.65.
Marathon Petroleum Corp trading volume (7.3 M) remained 156,120 below its 50-day average volume of 7.5 M.This was the stock’s fourth consecutive day of losses. Employees from Marathon Petroleum’s Mandan refinery are partnering with local organizations to bridge the hunger gap for students and community members in need.With support from the company, seven employees volunteered with Meals on Wheels during May, delivering 880-weekday meals to eight community members who have limited access to food.
Employees also volunteered for the United Way Backpack Program, delivering 1,081 backpacks across 29 schools in the Mandan/Bismarck area. Backpacks contained non-perishable food to help sustain students who would otherwise go hungry over the weekend. The Missouri Slope Areawide United Way recruits and coordinates local businesses that sponsor and pack bags containing a weekend’s-worth of food, then deliver the backpacks to schools, where counselors discreetly provide them to students in need.