MPC Stock Recent News
MPC LATEST HEADLINES
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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.
Several top-rated Zacks stocks are standing out after exceeding their first quarter earnings expectations earlier in the week and could certainly move higher.
Marathon Petroleum (MPC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
In Q1, Marathon Petroleum (MPC) spent $636 million on capital programs (46% on Refining & Marketing and 51% on the Midstream segment) compared to $690 million in the year-ago period.
Marathon Petroleum Corporation (NYSE:MPC ) Q1 2024 Results Conference Call April 30, 2024 11:00 AM ET Company Participants Kristina Kazarian - Investor Relations Mike Hennigan - Chief Executive Officer Maryann Mannen - President John Quaid - Chief Financial Officer Rick Hessling - Chief Commercial Officer Conference Call Participants Neil Mehta - Goldman Sachs Manav Gupta - UBS Paul Cheng - Scotiabank John Royall - JPMorgan Jason Gabelman - TD Cowen Roger Read - Wells Fargo Matthew Blair - TPH Theresa Chen - Barclays Operator Welcome to the MPC First Quarter 2024 Earnings Call. My name is Sheila, and I will be your operator for today's call.
Brookfield Renewable's inflation-linked contracts provide it with steadily rising cash flow. Brookfield Infrastructure can thrive in an inflationary environment.
In the most recent trading session, Marathon Petroleum (MPC) closed at $199.51, indicating a +0.19% shift from the previous trading day.
Marathon Petroleum (MPC) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Here are the four stocks that match our screening criteria ??? SIG, VLO, MPC and LUNMF.