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Tuesday, November 29, 2011

For Investors Only -- Marathon Petroleum Company is Cheap -- The Bakken, North Dakota, USA

SeekingAlpha.com has an article for investors on Marathon Petroleum Company. Reminder: Marathon Petroleum Company (MPC) is the spin-off from parent company Marathon Oil (MRO). The spin-off debuted on June 31,2011. MPC is the refiner, trasnporter, and marketer of petroleum products. Its parent company continues to explore for oil and natural gas, and said company brings that oil and natural gas from thousands of feet underneath the ground (and the sea?) and ships it to its daughter company who takes it from there.

Spoiler alert: the stock is cheap!

The SeekingAlpha article is very, very good, but there needs to be more passion. After a full page of extolling the virtue of this company, the writer says this: "I think the shares are worth a look..."

Okay, after writing a full page on MPC, one could argue that one has already taken a look.....

Here's the passionless but required disclaimer:
I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
That would be true for me also (that part about "no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours").  But somehow that pretty much negates the entire tone of the article. After reading how cheap MPC is, one would think the writer would be shouting: buy, buy, buy. I know Jim Cramer would. Until tomorrow, when Jim Cramer would say, sell, sell, sell.

Note my disclaimer at the top of the sidebar on the right: this is not an investment site. Do not make any investment decisions based on what you read at this site. And for heaven's sake, don't make any travel plans based on my directions.

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