MPC Marathon Petroleum Corp

$MPC New all time high today. Golden age of the refiners. Earnings expected to be up 341% this year on record crack spreads.

$MPC New All time high, Return of equity over 10 %, Return of invested Capital over 10 %, EPS Growth next 5 Year. $MPC $PSX $VLO

$MPC not much in the way of distribution weeks. All heavy volume weeks are bullish. Queue the refinery explosion somewhere in North America

$MPC long MPC, PSX and DINO. Could just be long CRAK and own the basket. Is this just another cycle in refining margins or is there a secular change?

BTIG warned that oil refining stocks could face a correction after the S&P 500 Oil & Gas Refining and Marketing Index (S5OILR) surged about 124% year to date, its strongest performance in 30 years. The index is now 122% above its 200-week moving average, its second-largest gap on record, while its weekly RSI has reached 81. Historical data show that when the index posted a weekly RSI above 80 and traded at least 50% above its 200-week average, it declined in seven of eight instances, with a median 12-week return of -7.2%. Four-week average and median returns under similar conditions were -2.8% and -3%, respectively, with losses occurring 75% of the time. BTIG compared the current refining rally with semiconductor and AI trading in late June, suggesting that positive fundamentals may already be priced in for the next six to 12 months. The firm also noted that the Oil Services ETF fell 1.6% last week, potentially signaling broader weakness across the energy sector. $MPC $VLO $PSX

$MPC options flow lesson: one options print is evidence, not a complete thesis. A large print can be directional, hedged, or one leg of a spread. Price structure and the next open interest settle help grade it. The alert snapshot shows $295K in the Mar 19 $420 puts. Volume was 14.7x standing open interest at capture. Intraday volume does not establish whether a position was opened or held; the next settled open interest is the check.

$MPC 400 area getting pricy. Shorts will pile in i suspect. Trump needs to curb high gas prices or he will be kicked to the curb. He hopefully will be regardless.

$MPC The refiners are running hard and near capacity limits, which constrains how much additional total crude they can process without further investments or reduced throughput of other grades. Absorbing large new volumes of any crude (including Venezuelan) faces real operational headroom constraints.