Marathon Petroleum (MPC) Declines More Than Market: Some Information for Investors

Prior to today's trading, shares of the refiner had lost 4.65% over the past month. This has was narrower than the Oils-Energy sector's loss of 7.84% and lagged the S&P 500's gain of 1.96% in that time. MPC's full-year Zacks Consensus Estimates are calling for earnings of $13.25 per share and revenue of $134.66 billion. These results would represent year-over-year changes of -43.93% and -10.41%, respectively. Our research shows that these estimate changes are directly correlated with near-term stock prices. ...