Marathon(MPC)

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Marathon Petroleum (MPC) Ascends But Remains Behind Market: Some Facts to Note
Zacks Investment Research· 2024-03-20 23:06
The most recent trading session ended with Marathon Petroleum (MPC) standing at $197.75, reflecting a +0.6% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.89% for the day. Elsewhere, the Dow saw an upswing of 1.03%, while the tech-heavy Nasdaq appreciated by 1.25%.The refiner's stock has climbed by 19.65% in the past month, exceeding the Oils-Energy sector's gain of 5.25% and the S&P 500's gain of 3.56%.The upcoming earnings release of Marat ...
Marathon Petroleum Corp. to Report First-Quarter Financial Results on April 30, 2024
Prnewswire· 2024-03-19 20:50
FINDLAY, Ohio, March 19, 2024 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call on Tuesday, April 30, 2024, at 11 a.m. EDT to discuss 2024 first-quarter financial results. Interested parties may listen to the conference call by visiting MPC's website at www.marathonpetroleum.com. A replay of the webcast will be available on MPC's website for two weeks. Financial information, including the earnings release and other investor-related material, will also be available online prior ...
3 Oil Refining Stocks That Just Moved Into Record Territory
Zacks Investment Research· 2024-03-18 13:20
Of late, the refining companies have been dominating headlines in the Oil/Energy space. On Friday, the stock prices of Valero Energy (VLO) , Marathon Petroleum (MPC) and Phillips 66 (PSX) climbed to their all-time highs of $166.10, $195.12 and $159.74, respectively. On the day, each of them saw their share price increase about 3%. This jump marks a year-to-date ascent of somewhere between 20% and 30% for the operators.Reasons Behind the RallyObviously, the recent rise in oil prices has played a key role in ...
Marathon: Share Repurchases Continue To Generate Value (Downgrade)
Seeking Alpha· 2024-03-15 22:07
MichaelRLopez Marathon Petroleum Corporation (NYSE:MPC) has continued to be a strong performer with shares recently hitting a 52-week high, up nearly 50% from a year ago. Since reiterating MPC as a strong buy in November, shares have risen a further 27%, more than doubling the S&P 500's gains. With this rise, shares have reached my ~$186 price target, making now an appropriate time to revisit shares, as valuation may not be as compelling as it once was. I come to the conclusion that MPC is still a buy. Seek ...
Why the Market Dipped But Marathon Petroleum (MPC) Gained Today
Zacks Investment Research· 2024-03-14 23:06
In the latest trading session, Marathon Petroleum (MPC) closed at $188.98, marking a +0.05% move from the previous day. This change outpaced the S&P 500's 0.29% loss on the day. At the same time, the Dow lost 0.35%, and the tech-heavy Nasdaq lost 0.3%.Heading into today, shares of the refiner had gained 11.19% over the past month, outpacing the Oils-Energy sector's gain of 6.58% and the S&P 500's gain of 4.42% in that time.The upcoming earnings release of Marathon Petroleum will be of great interest to inve ...
Here is What to Know Beyond Why Marathon Petroleum Corporation (MPC) is a Trending Stock
Zacks Investment Research· 2024-03-07 15:01
Marathon Petroleum (MPC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this refiner have returned +3.3%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Oil and Gas - Refining and Marketing industry, which Marathon Petroleum falls in, has lost 0.1%. The key question now is: What could be the sto ...
Brokers Suggest Investing in Marathon Petroleum (MPC): Read This Before Placing a Bet
Zacks Investment Research· 2024-03-05 15:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Marathon Petroleum (MPC) .Marathon Petroleum currently has an average brokerage recommendation ...
Why Is Marathon Petroleum (MPC) Up 0.9% Since Last Earnings Report?
Zacks Investment Research· 2024-02-29 17:36
A month has gone by since the last earnings report for Marathon Petroleum (MPC) . Shares have added about 0.9% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Marathon Petroleum due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Marathon Q4 Earnings Beat EstimatesMar ...
Marathon(MPC) - 2023 Q4 - Annual Report
2024-02-27 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35054 Marathon Petroleum Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporatio ...
Is Trending Stock Marathon Petroleum Corporation (MPC) a Buy Now?
Zacks Investment Research· 2024-02-23 15:06
Marathon Petroleum (MPC) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this refiner have returned +6.7%, compared to the Zacks S&P 500 composite's +5% change. During this period, the Zacks Oil and Gas - Refining and Marketing industry, which Marathon Petroleum falls in, has gained 3.8%. The key question now is: What could be the stock's future direction ...