Marathon Oil Corporation had 94 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with "Hold" on Friday, November 3. The company presently has an average rating of Hold and an average target price of $18.58. The company was maintained on Tuesday, January 12 by Barclays Capital. The company was maintained on Thursday, May 12 by Goldman Sachs. Creditors will loan money at a cheaper rate to a profitable company than to an unprofitable one; consequently, profitable companies can use leverage to increase stockholders' equity even more. Wells Fargo downgraded Marathon Petroleum Corporation (NYSE:MPC) on Wednesday, September 6 to "Market Perform" rating. The firm has "Hold" rating given on Monday, April 24 by RBC Capital Markets. Atlantic Securities raised Marathon Oil from a "neutral" rating to an "overweight" rating in a research note on Tuesday, December 5th.
Several equities research analysts have commented on MPC shares. The stock increased 1.30% or $0.84 during the last trading session, reaching $65.5. The company had a trading volume of 5,544,713 shares, compared to its average volume of 13,342,529. Westchester Capital Management Llc sold 108,000 shares as Marathon Petroleum Corporation (MPC)'s stock rose 5.52%. It has outperformed by 29.50% the S&P500.
Since August 4, 2017, it had 0 insider buys, and 8 insider sales for $15.81 million activity. The insider Washington Robin L sold $4.40 million. Also Reuters.com published the news titled: "BRIEF-REG-Marathon Petroleum And MPLX LP to Exchange MPC's General Partner ..." on December 15, 2017. That activity is comparable to their recent volume average trend of almost 0.22 million shares which they recorded over a period of three months. After $1.77 actual EPS reported by Marathon Petroleum Corporation for the previous quarter, Wall Street now forecasts -49.15% negative EPS growth.
Investors sentiment decreased to 0.91 in 2017 Q2. Its down 0.01, from 0.93 in 2017Q1.
According to 27 stock analysts, Marathon Oil Corporation, is being kept at an average Outperform, rating, with at least 3.29% of shares outstanding that are now legally short sold. 110 funds opened positions while 462 raised stakes. The oil and gas producer reported ($0.08) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.14) by $0.06. While this sounds great in theory, high insider ownership can actually lead to the opposite result, a management team that is unaccountable because they can keep their jobs under nearly any circumstance. Meiji Yasuda Asset Mngmt Co Limited holds 16,452 shares. Td Asset Mngmt Incorporated reported 288,574 shares. Gotham Asset Mngmt Ltd Liability Corporation has 0.01% invested in U.S. Bancorp (NYSE:USB) for 20,415 shares. Norinchukin Fincl Bank The reported 35,998 shares. Currently Analysts have a mean recommendation of 2.40 on the shares. Ahl Prtnrs Llp owns 32,297 shares for 0.04% of their portfolio. 279,970 are held by Aperio Gru Ltd Com. Clarivest Asset Mgmt Ltd Llc invested 0% in Marathon Petroleum Corporation (NYSE:MPC). Alpha Windward Lc holds 0.18% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC) for 5,405 shares. Citigroup maintained Marathon Petroleum Corporation (NYSE:MPC) on Wednesday, October 18 with "Buy" rating. 2 were sells. Insider ownership decreased by a total of 2624 shares, which suggests that MRO's key executives are feeling less optimistic about the outlook for the stock. 2,675 were accumulated by Chicago Equity Prtn Limited Liability.
For Marathon Oil Corporation (NYSE:MRO) Thursday was another day of weak-handed selling, with the low volume day punctuated by a decline from previous close.More news: Amari Cooper exits against Chiefs
Among 30 analysts covering Gilead Sciences (NASDAQ:GILD), 19 have Buy rating, 0 Sell and 11 Hold. Therefore 68% are positive. Marathon Petroleum Corp had 62 analyst reports since August 10, 2015 according to SRatingsIntel. The firm earned "Buy" rating on Monday, August 31 by William Blair. The firm has "Buy" rating by Cowen & Co given on Thursday, July 27. The rating was maintained by Howard Weil with "Sector Perform" on Friday, October 28. Physicians Realty Trust (DOC) has risen 9.56% since December 15, 2016 and is uptrending. The stock of Marathon Oil Corporation (NYSE:MRO) has "Buy" rating given on Tuesday, March 29 by Deutsche Bank.
The stock decreased 1.25% or $0.21 during the last trading session, reaching $16.53. At a certain point in the past four quarters, the shares traded as low as $39.90 but made a 23.06% recovery since then.
Marathon Petroleum Corporation is engaged in refining, marketing, retail and transportation businesses in the United States and the largest east of the Mississippi. The company has a market cap of $12.85B. It has a 20.85 P/E ratio. The firm provides compression services in various shale plays, including the Utica, Marcellus, Permian Basin, Eagle Ford, Mississippi Lime, Granite Wash, Woodford, Barnett, Haynesville, Niobrara, and Fayetteville shales. France-based Credit Agricole S A has invested 0.13% in U.S. Bancorp (NYSE:USB). Its down 0.08, from 0.85 in 2017Q1.
A number of other institutional investors and hedge funds also recently bought and sold shares of MRO. Schwab Charles Inv reported 0.11% stake. Natixis Asset Management, France-based fund reported 82,521 shares. M&R Capital Management holds 0.01% or 1,042 shares.
The stock of Marathon Oil Corporation (NYSE:MRO) is a huge mover today! 110,218 were reported by Mutual Of America Capital Mgmt Ltd Liability Corporation. The Oregon-based Vision Capital has invested 0.18% in U.S. Bancorp (NYSE:USB). Of Vermont holds 0.05% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC) for 8,848 shares. Jefferies Group restated a "hold" rating and issued a $12.00 target price on shares of Marathon Oil in a research note on Friday, October 6th.