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Marathon Petroleum Corp. (NYSE:MPC) Given Average Recommendation of “Buy” by Brokerages

“5” brokerage firms have rated the company as a “Hold”. The average volume stands around 4.89 million shares. The Hedge Fund company now holds 20,158,237 shares of OXY which is valued at $1,500,982,327.

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Price Momentum: Despite the -0.17% drop in value, the stock’s new closing price reflects a -28.16% fall in price from company’s one year high of $59.99.

Marathon Oil Corporation holds an earnings per share of $ -3.04 and the EPS growth for this year shows a value of -329.50%. Occidental Petroleum Corporation makes up approx 0.07% of First Quadrant L Pca’s portfolio.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. The shares ended last trade at $41.9, implying that Wall Street analysts see shares climbing about 15.23 per cent in 12 months’ time. This appreciation has taken its market cap to $28.15B. The firm lowered its rating on MPC from Sector Outperform to Sector Perform. The company had revenue of $2531.00 million for the quarter, compared to analysts expectations of $2808.30 million. Occidental Petroleum Corporation makes up approx 0.36% of Legacy Capital Partners’s portfolio.Bb&t Securities boosted its stake in OXY in the latest quarter, The investment management firm added 115,651 additional shares and now holds a total of 294,596 shares of Occidental Petroleum Corporation which is valued at $21,705,833.

Investors should note that on Aug 2, 2016, Anadarko Petroleum Corporation announced a cash dividend of $0.0500. Now the company’s dividend is at 3.04, whereas, the Dividend Yield stood at 3.93 Percent. Its weekly performance is 1.52% while year to date (YTD) performance is 14.86%.

07/28/2016 – Anadarko Petroleum Corporation had its “underperform” rating reiterated by analysts at CLSA. Occidental Petroleum Corporation was Downgraded by Morgan Stanley to ” Equal-Weight” on Jun 13, 2016.

06/02/2016 – Anadarko Petroleum Corporation had its “buy” rating reiterated by analysts at Jefferies.

Occidental Petroleum Corporation (Occidental) is engaged in the oil and gas exploration and production. The Company’s asset portfolio includes the United States onshore resource plays in the Rocky Mountains, the southern United States, the Appalachian basin and Alaska, as well as other countries, such as Algeria, Ghana, Mozambique, Colombia, New Zealand and Kenya.

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Anadarko Petroleum Corporation (NYSE:APC) on Aug 23, announced that Darrell Hollek, formerly Executive Vice President, U.S. Onshore Exploration and Production, has been named Executive Vice President, Operations with responsibility for the company’s U.S. onshore exploration, production and midstream activities, along with its Gulf of Mexico and global operations. Oil and gas exploration and production segment explores for and produces natural gas oil condensate and NGLs and plans for the development and operation of its LNG project. It also trades around its assets including transportation and storage capacity and trades oil NGLs gas and other commodities.

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