On Tuesday, Marathon Petroleum Corp (NYSE: MPC) was 0.71% up from the session before settling in for the closing price of $198.25. A 52-week range for MPC has been $104.32 – $221.11.
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During the last 5-year period, the sales growth of Energy Sector giant was 16.50%. When this article was written, the company’s average yearly earnings per share was at -18.55%. With a float of $359.54 million, this company’s outstanding shares have now reached $368.00 million.
Let’s determine the extent of company efficiency that accounts for 18200 employees.
Marathon Petroleum Corp (MPC) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Marathon Petroleum Corp stocks. The insider ownership of Marathon Petroleum Corp is 0.22%, while institutional ownership is 77.96%. The most recent insider transaction that took place on Mar 01 ’24, was worth 170,350. In this transaction Director of this company sold 1,000 shares at a rate of $170.35, taking the stock ownership to the 23,446 shares. Before that another transaction happened on Feb 26 ’24, when Company’s Ex VP, Refining sold 7,955 for $172.88, making the entire transaction worth $1,375,284. This insider now owns 9,801 shares in total.
Marathon Petroleum Corp (MPC) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -18.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -6.75% during the next five years compared to 34.95% growth over the previous five years of trading.
Marathon Petroleum Corp (NYSE: MPC) Trading Performance Indicators
You can see what Marathon Petroleum Corp (MPC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.48. Likewise, its price to free cash flow for the trailing twelve months is 5.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 23.53, a number that is poised to hit 2.51 in the next quarter and is forecasted to reach 17.49 in one year’s time.
Technical Analysis of Marathon Petroleum Corp (MPC)
Looking closely at Marathon Petroleum Corp (NYSE: MPC), its last 5-days average volume was 1.88 million, which is a drop from its year-to-date volume of 2.8 million. As of the previous 9 days, the stock’s Stochastic %D was 20.34%. Additionally, its Average True Range was 5.10.
During the past 100 days, Marathon Petroleum Corp’s (MPC) raw stochastic average was set at 73.22%, which indicates a significant increase from 21.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.77% in the past 14 days, which was lower than the 27.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $190.01, while its 200-day Moving Average is $158.18. However, in the short run, Marathon Petroleum Corp’s stock first resistance to watch stands at $201.36. Second resistance stands at $203.07. The third major resistance level sits at $206.35. If the price goes on to break the first support level at $196.37, it is likely to go to the next support level at $193.09. Should the price break the second support level, the third support level stands at $191.38.
Marathon Petroleum Corp (NYSE: MPC) Key Stats
There are 360,336K outstanding shares of the company, which has a market capitalization of 71.94 billion. As of now, sales total 148,379 M while income totals 9,681 M. Its latest quarter income was 36,255 M while its last quarter net income were 1,451 M.
