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Marathon Petroleum barely ekes out a profit

The company’s stock had a trading volume of 4,948,056 shares. Clean Yield Group added APC to its portfolio by purchasing 1,700 company shares during the most recent quarter which is valued at $83,147.

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Several institutional investors have recently made changes to their positions in the stock.

The most recent price of this stock was traded downward -28.64% to the 52-week high of $27.41 and it is higher +218.05% to its 52-week low of $6.15. The stock price negotiated for value between $13.95 to $14.40 in recent trading session. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, twenty-three have assigned a buy rating and one has issued a strong buy rating to the stock. Fulton Bank now owns 38,558 shares of the company’s stock worth $1,998,000 after buying an additional 926 shares during the last quarter. Beacon Capital Management purchased a new stake in Anadarko Petroleum during the fourth quarter valued at approximately $0. On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.98 for the quarter. Carroll Financial Associates increased its stake in Anadarko Petroleum by 3.5% in the fourth quarter.

The stock’s price moved +15.58% above its 200 day moving average of $12.84. They expect $-1.11 EPS, down 54.17% or $0.39 from last year’s $-0.72 per share.

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MPC has been the subject of a number of research analyst reports. Howard Weil cut their target price on shares of Marathon Petroleum Corp from $62.00 to $50.00 and set a “sector outperform” rating for the company in a research note on Thursday, February 4th. Finally, Barclays Capital maintained the shares of Anadarko Petroleum Corporation with “Equal-Weight” rating in a March 9 note. Finally, Fulton Bank raised its position in shares of Marathon Petroleum Corp by 2.5% in the fourth quarter. JPMorgan Chase & Co. upgraded Anadarko Petroleum from a “neutral” rating to an “overweight” rating and set a $55.00 price objective on the stock in a research note on Friday, April 15th. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. The Firm is engaged in the exploration, development, production, and marketing of natural gas, oil, condensate, natural gas liquids, and anticipated production of liquefied natural gas (LNG). State Street Corp is the second biggest holder with 25 million shares now valued at 1.32 B million whilst BlackRock Fund Advisors has 16 million shares valued at 828.20 million.

Marathon Petroleum Corp Misses on EPS Outperforms Revenues