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Marathon Petroleum (MPC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Marathon Petroleum (MPC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the latest trading session, Marathon Petroleum (MPC) closed at $163.97, marking a -1.16% move from the previous day.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Zacks.com users have recently been watching Marathon Petroleum (MPC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
In the most recent trading session, Marathon Petroleum (MPC) closed at $162.18, indicating a -0.45% shift from the previous trading day.
Marathon Petroleum shares have dropped 25% from their 52-week high due to concerns over the health of the refining cycle. Despite recent pressure on shares from narrowing crack spreads, refining margins are still solid and may be near a bottom. MPC's strong free cash flow capacity, share repurchases, and potential hurricane-related catalysts point to significant upside potential, leading me to upgrade to a "strong buy.".
In the closing of the recent trading day, Marathon Petroleum (MPC) stood at $174.81, denoting a -0.22% change from the preceding trading day.
Recently, Zacks.com users have been paying close attention to Marathon Petroleum (MPC). This makes it worthwhile to examine what the stock has in store.
Marathon Petroleum (MPC) closed at $173.66 in the latest trading session, marking a +0.7% move from the prior day.