Marathon Petroleum (NYSE:MPC – Get Rating) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Thursday. Other equities research analysts also recently issued reports about the stock. Cowen lifted their price target on shares of Marathon Petroleum from $133.00 to $143.00 and gave […]
Marathon Petroleum (NYSE:MPC – Get Rating) posted its earnings results on Tuesday. The oil and gas company reported $6.09 earnings per share for the quarter, beating the consensus estimate of $5.23 by $0.86, Briefing.com reports. The firm had revenue of $35.08 billion during the quarter, compared to analyst estimates of $35.17 billion. Marathon Petroleum had […]
Shares of Marathon Petroleum Co. (NYSE:MPC – Get Rating) have been given a consensus recommendation of “Moderate Buy” by the seventeen analysts that are covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating, ten have given a buy rating and two have issued a strong buy rating on […]
Marathon Petroleum Co. (NYSE:MPC – Get Rating) announced a quarterly dividend on Wednesday, April 26th, RTT News reports. Stockholders of record on Wednesday, May 17th will be given a dividend of 0.75 per share by the oil and gas company on Monday, June 12th. This represents a $3.00 dividend on an annualized basis and a […]
Marathon Petroleum Co. (NYSE:MPC – Get Rating) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totalling 11,360,000 shares, a decline of 7.0% from the March 15th total of 12,210,000 shares. Based on an average daily volume of 3,950,000 shares, the days-to-cover ratio is […]