Marathon Petroleum Corporation (MPC) Shares are Down -0.38%

Marathon Petroleum Corporation (MPC) has risen sharply, recording gains of 6.25% in the past 4 weeks. However, the stock has corrected -0.38% in the past 1 week, providing a good buying opportunity on dips. Marathon Petroleum Corporation (MPC) : Traders are bullish on Marathon Petroleum Corporation (MPC) as it has outperformed the S&P 500 by a wide margin of 6.47% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.28%, relative to the S&P 500.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.9% and the fifty day Moving Average is 9.57%. Marathon Petroleum Corporation is up 20.23% in the last three month period. Year-to-Date the stock performance stands at -16.97%.

Marathon Petroleum Corporation (MPC) : Currently there are 10 street experts covering Marathon Petroleum Corporation (MPC) stock. The most bullish and bearish price target for the stock is $58 and $41 respectively for the short term. The average price target of all the analysts comes to $48.9. The estimated standard deviation from the target is $5.43.


Marathon Petroleum Corporation (NYSE:MPC): On Fridays trading session , Opening price of the stock was $42.02 with an intraday high of $42.36. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $41.41. However, the stock managed to close at $41.85, a loss of 0.12% for the day. On the previous day, the stock had closed at $41.9. The total traded volume of the day was 2,898,137 shares.

Marathon Petroleum Corporation (MPC) is engaged petroleum product refining, marketing, retail and transportation businesses. It has three segments: Refining & Marketing, which refines crude oil and other feedstocks at its seven refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products; Speedway, which sells transportation fuels and convenience products in the retail market in the Midwest, East Coast and Southeast, and Pipeline Transportation, which transports crude oil and other feedstocks to its refineries and other locations, delivers refined products to wholesale and retail market areas and includes the aggregated operations of MPLX LP.

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