Vetr’s target price points to a potential upside of 15.26% from the company’s previous close. Over the one year trading period, the stock has a high price of $25.25 and its low price is recorded at $6.52. (NYSE:MRO) traded up 6.19% during mid-day trading on Tuesday, reaching $15.60. The company is covered by 5 Wall Street Brokerage Firms. The company has a market worth of $12.45B. 0 analysts have suggested “Sell” for the company. During the same quarter in the previous year, the company posted $-0.37 EPS. The business had revenue of $12.83 billion for the quarter, compared to the consensus estimate of $13.08 billion. Valuation Level The valuation of Marathon Petroleum Corporation is done by analysts by using price-to-earnings ratio.
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Several hedge funds and institutional investors have recently made changes to their positions in MPC. Blackrock Advisors Llc who had been investing in Marathon Oil Corp for a number of months, seems to be bullish on the $12.95B market cap company. Invictus RG boosted its stake in Marathon Petroleum Corp.by 35.7% in the first quarter. Marathon Oil Corporation makes up approximately 0.05% of Next Financial Group Inc’s portfolio. The stock’s institutional ownership stands at 80.80%.
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MPC participants will be Gary R. Heminger, chairman, president and chief executive officer; Tim Griffith, senior vice president and chief financial officer; and other senior executives. Zacks Investment Research raised Marathon Oil Corp. from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a research note on Tuesday, July 5th. Now shares have been rated as “Buy” from 7 Analysts. The stock is $-1.71, which is -4.49% off $38.11, which is 200-day MA of Marathon Petroleum Corporation. One analyst has rated the stock with a sell rating, 3 has assigned a hold rating, 1 says it’s a buy, and 8 have assigned a strong buy rating to the company. They now have a Dollars 42 price target on the stock. MRO stock’s 52-week range is $6.52 – $25.25. It also increased its holding in Chevron Corp New (NYSE:CVX) by 72,198 shares in the quarter, for a total of 2.44 million shares, and has risen its stake in Spdr S&P 500 Etf Tr (SPY). If the YTD value is Negative, it means that the stock is trading poorly. Following the transaction, the director now owns 4,377 shares of the company’s stock, valued at $168,777.12. It has three segments: Refining & Marketing which refines crude oil and other feedstocks at its seven refineries in the Gulf Coast and Midwest regions of the United States purchases ethanol and refined products for resale and distributes refined products; Speedway which sells transportation fuels and convenience products in the retail market in the Midwest East Coast and Southeast and Pipeline Transportation which transports crude oil and other feedstocks to its refineries and other locations delivers refined products to wholesale and retail market areas and includes the aggregated operations of MPLX LP. Taken from Blackrock Advisors latest Adv, the fund reported to have 38 full and part-time employees.
