Marathon Petroleum Corporation (NYSE:MPC)

Lucy Hill
March 11, 2017

Jacobi Capital Management LLC raised its position in Marathon Petroleum Corp by 31.0% in the third quarter. Rowland & Co. Investment Counsel ADV purchased a new position in Marathon Petroleum Corp during the third quarter worth about $105,000. Finally, Nomura Asset Management Co. Inc. raised its stake in shares of Marathon Petroleum Corp by 0.6% in the third quarter.

The liquidity measure in recent quarter results of the company was recorded 1.60 as current ratio, on the other side the debt to equity ratio was 0.41, and long-term debt to equity ratio remained 0.41. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new position in Marathon Petroleum Corp during the fourth quarter worth about $131,000.

Marathon Oil Corporation's short ratio is now at 4.31 and the float short is at 5.85%.

In the prior 12 months Marathon Oil Corporation's stock price has increased by 53.93% from 10.44 to 16.07. The fund owned 64,650 shares of the company's stock after selling 18,050 shares during the period. The stock exchanged hands with 4.95 million shares contrast to its average daily volume of 4.66 million shares.

Marathon Oil (NYSE:MRO) has insider ownership of 0.35% and institutional ownership of 81.96%. With the last stock price close down -0.25% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. This leaves us with a quarter on quarter earnings per share growth of -37.90%.

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If we look at stock performance in last active day trading, we see that stock has moved fell -11.22% to end the day at $0.001. At present, 14 analysts recommended Holding these shares while 1 recommended sell, according to FactSet data. According to these analysts, the Low Revenue Estimate for Marathon Oil Corporation is 1.27 Billion and the High Revenue Estimate is 1.43 Billion. During the same period in the prior year, the firm earned $0.79 earnings per share. Marathon Oil Corp. shares are now trading down about 8.6% on the day.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 10th.

On 7/27/2016 Marathon Oil announced a quarterly dividend of $0.05 1.5% with an ex dividend date of 8/15/2016 which will be payable on 9/12/2016.

A number of other equities analysts also recently weighed in on MPC. J P Morgan Chase & Co raised Marathon Petroleum Corp from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $46.00 to $57.00 in a research report on Wednesday, December 7th. Based on a recent trade, the shares are hovering around $3.05 which, according to analysts, yield significant upside potential to the $6.67 consensus target price. The company has a market cap of $13.64B and now has 849M shares outstanding. It indicates oversold and overbought price levels for a stock. These price targets are a consensus analysis of 28 brokers. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and three have given a strong buy rating to the stock.

On 9/12/2013 Steven Guidry, VP, sold 35,774 with an average share price of $36.35 per share and the total transaction amounting to $1,300,384.90. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

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