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 0.2%. By the end of trading, Marathon Petroleum fell $0.94 (-1.4%) to $66.95 on light volume. Throughout the day, 2,187,846 shares of Marathon Petroleum exchanged hands as compared to its average daily volume of 3,193,500 shares. The stock ranged in price between $66.90-$68.55 after having opened the day at $68.47 as compared to the previous trading day's close of $67.89. Other companies within the Energy industry that declined today were: HyperDynamics Corporation ( HDY), down 11.6%, MagneGas Corporation ( MNGA), down 10.0%, Andatee China Marine Fuel Services Corporat ( AMCF), down 9.9% and New Concept Energy ( GBR), down 9.6%.

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 $21.0 billion and is part of the basic materials sector. Shares are up 6.2% year to date as of the close of trading on Friday. 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, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Sonde Resources ( SOQ), up 18.4%, Recovery Energy ( RECV), up 16.1%, Isramco ( ISRL), up 10.4% and Gastar Exploration ( GST), up 6.3% , were all gainers within the energy industry with Petroleo Brasileiro SA Petrobras ( PBR.A) 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