Marathon Petroleum (MPC) has been on a downward spiral lately with significant selling pressure. After declining 16.7% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a s ...

Independent oil refiner and marketer Marathon Petroleum Corporation (MPC) reported first-quarter adjusted earnings per share of $2.78, which comfortably beat the Zacks Consensus Estimate of $2.53. The outperformance primarily reflects the stronger-than-expected performance of its Refining & Marketing segment. Operating income of the segment totaled $766 billion, surpassing the consensus mark of $660 million.However, the company’s bottom line fell from the year-ago adjusted profit of $6.09 due to a higher un ...

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 - ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35054 Marathon Petroleum Corporation (Exact name of registrant as specified in its charter) Delaware 27-128463 ...

Exhibit 99.1 Marathon Petroleum Corp. Reports First-Quarter 2024 Results • First-quarter net income attributable to MPC of $937 million, or $2.58 per diluted share; adjusted EBITDA of $3.3 billion • Net cash provided by operating activities of $1.5 billion; safely and successfully completed largest planned maintenance quarter in MPC history, including at four of its largest refineries • Advanced midstream growth strategy, with new processing plants in the Marcellus and Permian basins and acquisition of Utic ...

FINDLAY, Ohio, April 30, 2024 /PRNewswire/ -- First-quarter net income attributable to MPC of $937 million, or $2.58 per diluted share; adjusted EBITDA of $3.3 billion Net cash provided by operating activities of $1.5 billion; safely and successfully completed largest planned maintenance quarter in MPC history, including at four of its largest refineries Advanced midstream growth strategy, with new processing plants in the Marcellus and Permian basins and acquisition of Utica midstream assets; MPLX dis ...

Marathon Petroleum (MPC) closed the latest trading day at $199.51, indicating a +0.19% change from the previous session's end. The stock exceeded the S&P 500, which registered a loss of 0.46% for the day. Elsewhere, the Dow saw a downswing of 0.98%, while the tech-heavy Nasdaq depreciated by 0.64%.The the stock of refiner has risen by 1.09% in the past month, lagging the Oils-Energy sector's gain of 4.21% and overreaching the S&P 500's loss of 3.04%.The upcoming earnings release of Marathon Petroleum will b ...

动量投资策略 - 投资者应该避免过度投资于价格昂贵的股票，因为一旦估值超过未来增长潜力，股票的动量可能会减弱[2] - 投资于最近价格动量良好的便宜股票可能更安全，而MPC是一个很好的选择[3] - MPC的动量评分为A，表明现在是进入股票并利用动量的最佳时机[8] MPC股票动向 - MPC股票过去四周的价格上涨1.2%，过去12周上涨17.5%[5][6] - MPC的动量快速，当前贝塔系数为1.52，比市场高出52%[7] - MPC的盈利预期修订呈上升趋势，获得Zacks Rank 2（买入）[9] 估值指标 - MPC的市销率为0.48，被认为是一个很好的估值指标，股票看起来相当便宜[10]

Marathon Petroleum (MPC) closed at $196.38 in the latest trading session, marking a +0.7% move from the prior day. This change outpaced the S&P 500's 0.88% loss on the day. Elsewhere, the Dow gained 0.56%, while the tech-heavy Nasdaq lost 2.05%.Shares of the refiner have depreciated by 2.1% over the course of the past month, underperforming the Oils-Energy sector's gain of 2.78% and outperforming the S&P 500's loss of 2.57%.Investors will be eagerly watching for the performance of Marathon Petroleum in its ...

Marathon Petroleum's (MPC) stock has been in breakneck mode this year, notching up a series of all-time highs, as the refiner and marketer of crude oil has benefited from strength in the Energy space. That being said, let's see if it's time to buy Marathon Petroleum's stock, which has now climbed around 40% year to date to easily top the S&P 500 and the Zacks Oil and Gas - Refining & Marketing industry. Image Source: Zacks Investment Research Higher Energy Prices Fuel the Rally Obviously, the recent rise in ...