Last Week, Marathon Petroleum Corporation (MPC) Recorded A Gain Of $50.68


As of Wednesday close, Marathon Petroleum Corporation’s (NYSE:MPC) stock was down -$1.0, moving down -0.79 percent to $125.60. The average number of shares traded per day over the past five days has been 4,069,640 shares. 4 times new highs have been achieved over the past 5 days, with a $5.74 gain in that time frame. In the last twenty days, the average volume was 3,452,010, while in the previous 50 days, it was 3,951,316.

Since last month, MPC stock rose 12.71%. Shares of the company fell to $109.63 on 10/25/22, the lowest level in the past month. A 52-week high of $127.32 was reached on 11/23/22 after having rallying from a 52-week low of $59.55. Since the beginning of this year, MPC’s stock price has risen by 96.28% or $61.61, and marked a new high 53 times. However, the stock has declined by -1.35% since its 52-week high.

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MPC stock investors should be aware that Marathon Petroleum Corporation (MPC) stock had its last reported insider trading activity 3 days ago on Nov 22. Aydt Timothy J, the Ex VP, Refining of the company, disposed of 7,477 shares for $126.54 on Nov 22. It resulted in a $946,116 divestment by the insider. Lyon Shawn M sold 12,053 shares at an average price of $121.65 on Nov 18. The insider now owns 14,660 shares following the transaction. On Nov 16, President & CEO Hennigan Michael J sold 80,149 shares at $118.73 apiece. The transaction was valued at $9,516,091.

Valuation Metrics

Right now, Marathon Petroleum Corporation (MPC) has a P/E ratio of about 5.51. The stock’s beta is 1.61. Besides these, the trailing price-to-sales (P/S) ratio of 0.34, the price-to-book (PB) ratio of 2.34, and the price-to-cash flow ratio of 4.80 may also be considered.

The latest dividend of $0.75 per share was paid out, which is 29.31% more than last year’s $0.58. On Tuesday November 1 2022, a $0.17 dividend increase was announced.

Financial Health

In the three months ended June 29, Marathon Petroleum Corporation’s quick ratio stood at 1.20, while its current ratio was 1.70, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.97, and the total debt-to-equity ratio was 1.02. On the profitability front, the trailing twelve-month gross margin is 13.80% percent. In the year ended June 29, operating margins totaled 10.50%. Based on annual data, MPC earned $4.3 billion in gross profit and brought in $119.98 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 7.50%. Return on equity (ROE) for the past 12 months was 46.60%.

In Marathon Petroleum Corporation’s quarter-end financial report for June 29, it reported total debt of $25.64 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. MPC’s revenue rose 35.32% to $38.06 billion during the quarter, while net income inched up to $45.79 billion. While analysts expected Marathon Petroleum Corporation to report $8.04 quarterly earnings, the actual figure was $10.61 per share, beating the consensus estimate by 32.00%. During the quarter, the company generated $7.49 billion in EBITDA. The liabilities of Marathon Petroleum Corporation were 56.89 billion at the end of its most recent quarter ended June 29, and its total debt was $28.04 billion. The value of shareholders’ equity is $468.66 million.

Technical Picture

This quick technical analysis looks at Marathon Petroleum Corporation’s (MPC) price momentum. With a historical volatility rate of 27.66%, the RSI 9-day stood at 70.76% on 23 November.

With respect to its five-day moving average, the current Marathon Petroleum Corporation price is up by +4.79% percent or $5.74. At present, MPC shares trade +11.03% above its 20-day simple moving average and +53.66% percent above its 100-day simple moving average. However, the stock is currently trading approximately +27.75% above its SMA50 and +58.41% above its SMA200.

Stochastic coefficient K was 83.76% and Stochastic coefficient D was 80.78%, while ATR was 3.82. Given the Stochastic reading of 84.95% for the 14-day period, the RSI (14) reading has been calculated as 68.72%. As of today, the MACD Oscillator reading stands at 2.42, while the 14-day reading stands at 3.67.

Analyst Ratings

Jefferies launched its rating on Marathon Petroleum Corporation (NYSE: MPC) to a Hold in a note to investors on October 19, 2022. Marathon Petroleum Corporation (MPC) has been rated Overweight by analysts. According to 0 brokerage firms, MPC is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Marathon Petroleum Corporation stock as buy, with 12 recommending it as overweight.

With a median target price of $135.00, the current consensus forecast for the stock is $116.00 – $153.00. Based on these forecasts, analysts predict Marathon Petroleum Corporation (MPC) will achieve an average price target of $133.94.


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