Stock FAQs

why is mpc stock going down

by Ms. Althea Gulgowski Published 3 years ago Updated 2 years ago
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Who bought MPC stock last quarter?

MPC stock was acquired by a variety of institutional investors in the last quarter, including Boston Partners, Nuveen Asset Management LLC, Invesco Ltd., Steadfast Capital Management LP, BlackRock Inc., BlackRock Inc., Thoroughbred Financial Services LLC and Luminus Management LLC.

What happened to Marathon Petroleum stock?

The Marathon Petroleum Corporation stock price fell by -1.79% on the last day (Friday, 21st Jan 2022) from $71.99 to $70.70. and has now fallen 5 days in a row. During the day the stock fluctuated 2.56% from a day low at $69.84 to a day high of $71.63.

Will Marathon Petroleum (MPC) outperform or underperform the S&P 500 over the long term?

Vote “Outperform” if you believe MPC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MPC will underperform the S&P 500 over the long term. You may vote once every thirty days. Marathon Petroleum is a leading dividend payer.

Is Marathon Petroleum's PE ratio overvalued?

The P/E ratio of Marathon Petroleum is 4.56, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.20. Marathon Petroleum has a PEG Ratio of 1.36. PEG Ratios above 1 indicate that a company could be overvalued. Marathon Petroleum has a P/B Ratio of 1.42.

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Is MPC a buy or sell?

Marathon Petroleum has received a consensus rating of Buy. The company's average rating score is 2.90, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.

What is the target price for MPC stock?

Stock Price Target MPCHigh$135.00Median$117.00Low$94.00Average$115.53Current Price$108.34

Is MPC overvalued?

PB vs Industry: MPC is overvalued based on its Price-To-Book Ratio (2.4x) compared to the US Oil and Gas industry average (2.2x).

When did MPC stock split?

The split for MPC took place on June 11, 2015. This was a 2 for 1 split, meaning for each share of MPC owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.

When did MRO and MPC split?

June 30, 2011Effective June 30, 2011, Marathon Petroleum Corporation was spun-off from Marathon Oil Corporation into a separate independent publicly traded corporation to holders of record of Marathon Oil Corporation common stock on June 27, 2011.

Where Does Marathon get its oil from?

In 2020, the company sold 383 thousand barrels of oil equivalent (2,340,000 GJ) per day, of which 26% was from the Eagle Ford Group, 27% was from the Bakken formation, 17% was from Oklahoma, 7% was from the Northern Delaware Basin, 2% was from other U.S. sources, and 20% was from Equatorial Guinea.

Is MPC undervalued?

Over the past year, MPC's P/B has been as high as 1.61 and as low as 0.91, with a median of 1.19. Finally, we should also recognize that MPC has a P/CF ratio of 4.16. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook.

Is MRO and MPC the same company?

Marathon Oil (NYSE:MRO) became two companies June 30 when the refining and marketing assets of the business, commonly referred to as downstream, were spun off into Marathon Petroleum (NYSE:MPC), a separately owned and operated enterprise.

Is cop a buy or sell?

A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80)....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows

Is MRO a buy?

Out of 14 analysts, 8 (57.14%) are recommending MRO as a Strong Buy, 2 (14.29%) are recommending MRO as a Buy, 3 (21.43%) are recommending MRO as a Hold, 1 (7.14%) are recommending MRO as a Sell, and 0 (0%) are recommending MRO as a Strong Sell. What is MRO's earnings growth forecast for 2022-2024?

Is SLB stock a good buy?

There are currently 1 hold rating, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Schlumberger stock.

Signals & Forecast

Support, Risk & Stop-loss

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Friday, February 11, 2022, and so far it has fallen -5.73%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Is Marathon Petroleum Corporation stock A Buy?

On the downside, the stock finds support just below today's level from accumulated volume at $62.45 and $60.91. There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level.

Insiders are positive buying more shares than they are selling in Marathon Petroleum Corporation

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Marathon Petroleum Corporation stock to perform well in the short-term.

About Marathon Petroleum Corporation

In the last 100 trades there were 337.31 thousand shares bought and 195.05 thousand shares sold. The last trade was done 23 days ago by Brooks Raymond L who sold 54.16 thousand shares. The large amount of stocks bought compared to stocks sold indicate that the insiders believe there is a potential good upside.

Golden Star Signal

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream.

Top Fintech Company

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

Oil companies, union reach deal on U.S. refinery workers pact

featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Top Oil and Gas Stocks for Q1 2022

HOUSTON (Reuters) -Oil companies led by Marathon Petroleum and the United Steelworkers (USW) agreed to a new national contract on Friday for 30,000 U.S. workers in refineries, chemical plants, and pipelines, the company and the union said.

Top Energy Stocks for March 2022

These are the oil and gas stocks with the best value, fastest growth, and most momentum for Q1 2022.

When did Marathon Petroleum announce its earnings?

The energy sector is composed of companies focused on the exploration, production, and marketing of oil, gas, and renewable resources around the world. Energy sector stocks include upstream companies that are primarily engaged in the exploration of oil or gas reserves, such as Devon Energy Corp. (DVN).

How much does Marathon Petroleum make?

Marathon Petroleum Co. (NYSE:MPC) announced its quarterly earnings results on Tuesday, May, 4th. The oil and gas company reported ($0.20) EPS for the quarter, topping analysts' consensus estimates of ($0.72) by $0.52.

What is Marathon Petroleum Corporation?

Marathon Petroleum has a market capitalization of $34.76 billion and generates $69.03 billion in revenue each year. The oil and gas company earns $-9,826,000,000.00 in net income (profit) each year or ($3.44) on an earnings per share basis.

Where is Marathon Petroleum located?

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates in two segments: Refining & Marketing, and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures aromatics, propane, propylene, and sulfur. It sells refined products to wholesale marketing customers domestically and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets; and transportation fuels through long-term fuel supply contracts to direct dealer locations, primarily under the ARCO brand. The Midstream segment transports, stores, distributes, and markets crude oil and refined products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and gathers, transports, fractionates, stores, and markets natural gas liquids. The company also sell refined products for export to international customers. As of December 31, 2020, it operated 7,090 branded outlets in 35 states, the District of Columbia, and Mexico through independent entrepreneurs. The company also operates crude oil and refined product pipelines. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.

Marathon Petroleum (MPC)

The company also operates crude oil and refined product pipelines. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio. Read More.

Style Scorecard

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

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