Marathon Petroleum Corp (MPC): Today's Featured Energy Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Marathon Petroleum ( MPC) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Marathon Petroleum fell $3.02 (-4.1%) to $70.67 on average volume. Throughout the day, 4,001,986 shares of Marathon Petroleum exchanged hands as compared to its average daily volume of 2,992,300 shares. The stock ranged in price between $70.58-$73.28 after having opened the day at $73.27 as compared to the previous trading day's close of $73.69. Other companies within the Energy industry that declined today were: Zion Oil & Gas ( ZN), down 13.2%, Alon USA Partners ( ALDW), down 11.7%, Recon Technology ( RCON), down 11.5% and Global Geophysical Services ( GGS), down 7.5%.

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 $23.5 billion and is part of the basic materials sector. Shares are up 17.0% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Marathon Petroleum a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Marathon Petroleum as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, WSP Holdings ( WH), up 34.6%, Martin Midstream Partners L.P ( MMLP), up 9.5%, ZaZa Energy ( ZAZA), up 8.1% and Petroleo Brasileiro SA Petrobras ( PBR), up 5.4% , were all gainers within the energy industry with Total ( TOT) being today's featured energy industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

null

More from Markets

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

J.C. Penney Shares Fall as CEO Marvin Ellison Resigns to Head Lowe's

J.C. Penney Shares Fall as CEO Marvin Ellison Resigns to Head Lowe's

Stocks Extend Gains Amid Progress on U.S.-China Trade

Stocks Extend Gains Amid Progress on U.S.-China Trade

U.S. Crude Oil Hits Fresh 3-Year Highs as Gas Prices March to $3 a Gallon

U.S. Crude Oil Hits Fresh 3-Year Highs as Gas Prices March to $3 a Gallon

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know