Josh Brown Explains Why Marathon Petroleum (MPC) Among the Best Energy Stocks

We recently published Top 9 AI and Non-Tech Stocks to Watch Amid Latest Earnings Season. Marathon Petroleum Corporation (NYSE:MPC) is one of the top AI and non-tech stocks.

Josh Brown, CEO of Ritholtz Wealth Management, talked about this best stocks list during a recent program on CNBC and mentioned Marathon Petroleum Corp (NYSE:MPC). Brown recommended investors stay with the stock despite its gains. The stock is up 30% over the past one year. Brown believes it can touch $200.

“ I think is worth getting into here would be Marathon. I think you stay the course. People are asking me, “What do you do here?” If we could just pull it back and get a little bit of a longer-term chart, what do you do here? I just think the refineries that we have that are publicly traded, there’s only a couple of them. They look really good. And so if people are asking me, all right, this thing broke out. Now what, do I stay with it? My answer would be yes. I think the stock wants 200.”

Oakmark Fund stated the following regarding Marathon Petroleum Corporation (NYSE:MPC) in its Q1 2025 investor letter:

 “Marathon Petroleum Corporation (NYSE:MPC) is an integrated downstream energy company that refines, markets and transports petroleum products. Marathon commands the largest refining system in the United States with operations in attractive regions, which has provided meaningful cost advantages for the company and significant barriers to entry for competitors. In addition, we think Marathon’s midstream business is an attractive asset thanks to its high market share in one of the most prolific gas fields in the world, which provides stability to the company’s cash flows. Lastly, we appreciate management’s focus on returns on invested capital and willingness to return capital to shareholders. Over the last year, refining industry margins have come under pressure due to a global wave of new supply during a period of soft demand. We believe industry margins have fallen below sustainable levels and that, in the long run, supply and demand will return to balance which should lead to higher refining margins for Marathon. Today’s short-term imbalance provided the opportunity to purchase shares at an attractive valuation relative to both current and mid-cycle earnings.”

While we acknowledge the potential of MPC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.