The Shares of Marathon Petroleum Corp. inched 0.24% higher to $57.30 Tuesday. This proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.06% to 34,133.03 and the S&P 500 Index SPX falling 0.67% to 4,164.66. This was the stock’s second consecutive day of gains.
The stock Underperformed when compared to some of its competitors Tuesday, as Exxon Mobil Corp. XOM rose 0.63% to $59.19, Chevron Corp. CVX rose 0.55% to $106.11, BP PLC ADR BP rose 0.90% to $25.92 and ConocoPhillips COP fell 0.32% to $52.57. Trading volume (7.1 M) eclipsed its 50-day average volume of 5.7 M.Trading volume (15.0 M) remained 3.7 million below its 50-day average volume of 18.7 M. Marathon Petroleum Corp. reported a net loss of $242 million, or $(0.37) per diluted share, for the first quarter of 2021, compared with a net loss of $9.2 billion, or $(14.25) per diluted share, for the first quarter of 2020.