Marathon Petroleum Corporation (MPC) Analysts See $0.64 EPS

April 16, 2018 - By Margaret Downey

Marathon Petroleum Corporation (NYSE:MPC) LogoInvestors sentiment increased to 0.96 in 2017 Q4. Its up 0.05, from 0.91 in 2017Q3. It increased, as 37 investors sold Marathon Petroleum Corporation shares while 316 reduced holdings. 118 funds opened positions while 222 raised stakes. 367.91 million shares or 3.23% less from 380.18 million shares in 2017Q3 were reported.
Private Ocean Ltd Llc owns 0.02% invested in Marathon Petroleum Corporation (NYSE:MPC) for 521 shares. Cleararc Capital Inc accumulated 12,448 shares. Oakworth Incorporated has 5,356 shares. 147,619 are owned by Secor Advsrs Lp. Commerce Comml Bank stated it has 0.03% in Marathon Petroleum Corporation (NYSE:MPC). British Columbia Management Corporation has 0.19% invested in Marathon Petroleum Corporation (NYSE:MPC) for 399,986 shares. Swiss National Bank & Trust invested 0.13% in Marathon Petroleum Corporation (NYSE:MPC). Smithfield Tru owns 285 shares. 70,656 were accumulated by Axa. Condor Cap Mngmt holds 27,291 shares. Capital One Association stated it has 0.05% in Marathon Petroleum Corporation (NYSE:MPC). Moreover, Sabal Tru has 0.03% invested in Marathon Petroleum Corporation (NYSE:MPC) for 4,500 shares. Keybank Association Oh reported 0.01% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC). Cetera Advisors Llc invested 0.01% in Marathon Petroleum Corporation (NYSE:MPC). The Colorado-based Pub Employees Retirement Association Of Colorado has invested 0.04% in Marathon Petroleum Corporation (NYSE:MPC).

Since December 12, 2017, it had 1 insider buy, and 5 selling transactions for $8.42 million activity. 17,298 shares were sold by Palmer C. Michael, worth $1.12M. The insider BUNCH CHARLES E bought 1,500 shares worth $101,070. Nichols Rodney P. also sold $413,864 worth of Marathon Petroleum Corporation (NYSE:MPC) shares.

Analysts expect Marathon Petroleum Corporation (NYSE:MPC) to report $0.64 EPS on April, 26.They anticipate $0.58 EPS change or 966.67 % from last quarter’s $0.06 EPS. MPC’s profit would be $303.61M giving it 29.91 P/E if the $0.64 EPS is correct. After having $1.05 EPS previously, Marathon Petroleum Corporation’s analysts see -39.05 % EPS growth. The stock increased 2.67% or $1.99 during the last trading session, reaching $76.58. About 655,644 shares traded. Marathon Petroleum Corporation (NYSE:MPC) has risen 49.25% since April 16, 2017 and is uptrending. It has outperformed by 37.70% the S&P500.

Marathon Petroleum Corporation (NYSE:MPC) Ratings Coverage

Among 13 analysts covering Marathon Petro (NYSE:MPC), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Marathon Petro had 26 analyst reports since October 17, 2017 according to SRatingsIntel. The firm earned “Buy” rating on Friday, December 15 by Cowen & Co. The rating was maintained by RBC Capital Markets on Wednesday, October 18 with “Buy”. The rating was maintained by Cowen & Co with “Buy” on Tuesday, November 14. The firm has “Buy” rating by Goldman Sachs given on Tuesday, February 13. The rating was maintained by RBC Capital Markets with “Buy” on Tuesday, January 30. The rating was downgraded by Wells Fargo on Monday, February 5 to “Sell”. The rating was downgraded by Jefferies to “Hold” on Monday, February 5. The firm has “Buy” rating given on Sunday, January 21 by Piper Jaffray. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Outperform” rating by Credit Suisse on Wednesday, March 7. The rating was maintained by Citigroup with “Buy” on Tuesday, March 13.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. The company has market cap of $36.33 billion. It operates through three divisions: Refining & Marketing, Speedway, and Midstream. It has a 11.43 P/E ratio. The firm refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale.

Marathon Petroleum Corporation (NYSE:MPC) Institutional Positions Chart

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