Marathon Petroleum Corp (NYSE: MPC) on Monday, soared 1.26% from the previous trading day, before settling in for the closing price of $143.13. Within the past 52 weeks, MPC’s price has moved between $140.98 and $221.11.
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A company in the Energy sector has jumped its sales by 16.50% annually for the last half of the decade. The company achieved an average annual earnings per share of -62.47%. With a float of $333.87 million, this company’s outstanding shares have now reached $368.00 million.
In an organization with 18200 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 9.0%, operating margin of 7.0%, and the pretax margin is 7.34%.
Marathon Petroleum Corp (MPC) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas Refining & Marketing industry stocks is more important than anything else. The insider ownership of Marathon Petroleum Corp is 0.24%, while institutional ownership is 75.58%. 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) Latest Financial update
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 8.14 earnings per share (EPS) for the period topping the consensus outlook (set at 7.75) by 0.39. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -62.47% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -10.00% 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
Marathon Petroleum Corp (MPC) is currently performing well based on its current performance indicators. A quick ratio of 0.90 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.32. Likewise, its price to free cash flow for the trailing twelve months is 5.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 19.03, a number that is poised to hit 0.98 in the next quarter and is forecasted to reach 9.86 in one year’s time.
Technical Analysis of Marathon Petroleum Corp (MPC)
Let’s dig in a bit further. During the last 5-days, its volume was 2.44 million. That was inferior than the volume of 2.67 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 7.77%. Additionally, its Average True Range was 4.10.
During the past 100 days, Marathon Petroleum Corp’s (MPC) raw stochastic average was set at 5.20%, which indicates a significant decrease from 12.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.56% in the past 14 days, which was lower than the 29.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $161.92, while its 200-day Moving Average is $174.54. However, in the short run, Marathon Petroleum Corp’s stock first resistance to watch stands at $146.41. Second resistance stands at $147.89. The third major resistance level sits at $149.39. If the price goes on to break the first support level at $143.43, it is likely to go to the next support level at $141.93. The third support level lies at $140.45 if the price breaches the second support level.
Marathon Petroleum Corp (NYSE: MPC) Key Stats
Market capitalization of the company is 47.73 billion based on 334,684K outstanding shares. Right now, sales total 148,379 M and income totals 9,681 M. The company made 37,914 M in profit during its latest quarter, and 1,515 M in sales during its previous quarter.
