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Marathon Petroleum Stock Could Surge — Here's Why

After many months of dithering, OPEC at last agreed to cut production this week.

Ordinarily, this should be bad news for an oil refiner such as Marathon Petroleum (MPC) , because higher oil prices can hurt margins.

But the stock has risen in the past couple of weeks after activist hedge fund Elliott Management , which owns about 4% of Marathon's shares, sent a letter to the company with recommendations on how to unlock shareholder value. There are more gains in store for investors if...


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