NewsMV
Marathon Petroleum (NYSE: MPC) and Valero Energy (NYSE: VLO) each trade above their consensus analyst price targets after running more than 150% year to date, and the plurality rating on both is Hold.
For new money, that combination is the tape's quiet signal to wait.
Ukrainian drone strikes knocked out more than 2.8 million barrels of Russian refining capacity, and Middle East disruptions plus permanent closures in Europe and North America pushed global offline capacity to what Marathon management estimated at over 9 million barrels per day, roughly 4 million barrels per day above historical norms.
gasoline and distillate inventories sit at the bottom of their five-year range, per the EIA's May 2026 Short-Term Energy Outlook.
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