ING Groep NV Has $10049000 Stake in Marathon Petroleum Corporation (MPC)
- Author: Joanne Flowers Feb 15, 2017,
Feb 15, 2017, 16:25
The difference between actual earnings and estimated earnings was $0.09 per share.
Among analysts who offered their Analysis on Marathon Petroleum Corporation (NYSE:MPC)-8 analysts issued Strong buy for the stock, 8 analysts have given a Buy rating, 3 think it's a HOLD, 0 reported it as Underperform, while 0 analyst issued a Sell rating. The stock has been active on the tape, now trading at $16.06, down from yesterday's close by -0.80%. EPS growth in past five years was -26.40%.
Marathon Oil Corporation Last issued its quarterly earnings results on Nov 2, 2016. The firm had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.10 billion. A stock experiencing a high level of volatility has a higher ATR, and a low volatility stock has a lower ATR. The cost of selling goods last quarter was 14.35 billion, yielding a gross basic income of 1.01 billion. The company's revenue for the quarter was up 10.2% on a year-over-year basis. These analysts and investment firms use various valuation methods to decide a price target for a stock. Vetr lowered shares of Marathon Oil Corporation from a "strong-buy" rating to a "buy" rating and set a $16.50 price target for the company.in a research note on Tuesday, November 15th.
Marathon Oil Corporation (MRO) now trades with a market capitalization of $13.60 Billion. The Company operates through three segments: North America E&P segment, which explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America; International E&P segment, which explores for, produces and markets crude oil and condensate, NGLs and natural gas outside of North America, and produces and markets products manufactured from natural gas, such as liquefied natural gas (LNG) and methanol, in Equatorial Guinea, and Oil Sands Mining segment, which mines, extracts and transports bitumen from oil sands deposits in Alberta, Canada, and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil. The stock has a 50 day moving average price of $17.22 and a 200-day moving average price of $15.92.
The 52-week high of the share price is -14.62% and 52-week low of the share price is 155.22%. The Average Volume (3 months) is 13.42 Million.
The company's quick ratio for most recent quarter is 2.00. Presently, it has a Return on Equity (ROE) of -8.20% and Return on Investment (ROI) of -7.50%. Taking notice in average true range, it was 0.49. They issued a "buy" rating and a $29.00 price target for the company. The score shows the rating on a scale of 1 to 5, where 1=strong buy and 5=strong sell. The mean price target is $23.71 (according to consensus of 17 analysts).
Along with these its year to date performance is standing at -7.22%. The stock soared 0.47 percent over the last 6 months. Pacer Advisors Inc. now owns 15,848 shares of the company's stock worth $238,000 after buying an additional 277 shares in the last quarter. Kanaly Trust Co now owns 15,728 shares of the company's stock valued at $249,000 after buying an additional 42 shares during the period.
The stock now has its Annual Dividend of $0.2 and an annual Dividend Yield of 1.25 Percent. Howard Weil lifted their price target on Marathon Petroleum Corporation from $45.00 to $47.00 and gave the stock a "sector perform" rating in a research note on Friday, October 28th. The company reported ($0.11) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.20) by $0.09. Have a look at back 1 month ago, consensus EPS forecast was seen at $-0.06.
Having a glance at growth estimates of the company, it has current quarter growth estimates of 68.70% whereas for next quarter it has 86.00% estimations over growth. Expected growth of PulteGroup, Inc. It has increased its dividends in each of the past 5 years, at an average annual rate of 39.2%.