Marathon Petroleum Corp (MPC): Today's Featured Energy Laggard
(
) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.9%. By the end of trading, Marathon Petroleum fell $1.74 (-2.5%) to $68.99 on average volume. Throughout the day, 3,076,121 shares of Marathon Petroleum exchanged hands as compared to its average daily volume of 3,364,600 shares. The stock ranged in price between $67.60-$70.66 after having opened the day at $70.28 as compared to the previous trading day's close of $70.73. Other companies within the Energy industry that declined today were:
(
), down 8.9%,
Petroleo Brasileiro SA Petrobras
(
), down 6.1%,
(
), down 6.1% and
(
), down 6.0%.
Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, transporting, and marketing petroleum products primarily in the United States. It operates through Refining & Marketing, Speedway, and Pipeline Transportation segments. Marathon Petroleum has a market cap of $22.5 billion and is part of the basic materials sector. Shares are up 12.3% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Marathon Petroleum a buy, 1 analyst rates it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Marathon Petroleum
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Marathon Petroleum Ratings Report.
On the positive front,
Andatee China Marine Fuel Services Corporat
(
), up 13.5%,
(
), up 12.7%,
(
), up 8.1% and
(
), up 7.3% , were all gainers within the energy industry with
(
) being today's featured energy industry leader.
- Use our energy section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider
(
) while those bearish on the energy industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
null