Marathon Petroleum Corp (MPC): Today's Featured Energy Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our modelMarathon Petroleum (MPC) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Marathon Petroleum fell $4.05 (-4.9%) to $78.36 on heavy volume. Throughout the day, 6,921,241 shares of Marathon Petroleum exchanged hands as compared to its average daily volume of 3,688,900 shares. The stock ranged in price between $76.85-$81.63 after having opened the day at $79.93 as compared to the previous trading day's close of $82.41. Other companies within the Energy industry that declined today were: BMB Munai (BMBM), down 12.6%, Torch Energy Royalty (TRU), down 11.1%, CKX Lands (CKX), down 6.8% and Ivanhoe Energy (IVAN), down 6.5%.
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