The Shares of Marathon Petroleum Corp. dropped 1.96% to $58.64 Tuesday. This proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.87% to 4,152.10 and Dow Jones Industrial Average DJIA falling 1.36% to 34,269.16. This was the stock’s second consecutive day of losses.
Marathon Petroleum Corp. closed $2.47 short of its 52-week high ($61.11), which the company achieved on May 10th. Despite its losses, the stock outperformed some of its competitors Tuesday, as Exxon Mobil Corp. XOM fell 3.18% to $60.59, Chevron Corp. CVX fell 2.62% to $106.70, and BP PLC ADR BP fell 2.44% to $25.97.true Trading volume (5.8 M) eclipsed its 50-day average volume of 5.8 M.Marathon Petroleum Corp. has declared a dividend of $0.58 per share on common stock. The dividend is payable June 10, 2021, to shareholders of record as of the close of business May 19, 2021.
Exxon Mobil Corp. closed $3.43 short of its 52-week high ($64.02), which the company reached on May 10th.The stock underperformed when compared to some of its competitors Tuesday, as Chevron Corp. CVX fell 2.62% to $106.70. Trading volume (34.5 M) eclipsed its 50-day average volume of 27.6 M.