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Marathon Petroleum (MPC) Looks Good: Stock Adds 8.4% In Session

By Zacks Investment ResearchStock MarketsSep 25, 2019 09:35PM ET
www.investing.com/analysis/marathon-petroleum-mpc-looks-good-stock-adds-84-in-session-200468269
Marathon Petroleum (MPC) Looks Good: Stock Adds 8.4% In Session
By Zacks Investment Research   |  Sep 25, 2019 09:35PM ET
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Marathon Petroleum Corporation (NYSE:MPC) was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 31.4% in the past one-month time frame.

The company has seen three negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Marathon Petroleum currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Marathon Petroleum Corporation Price

Investors interested in the Oil and Gas – Refining and Marketing industry may consider Galp Energia, SGPS, S.A. (OTC:GLPEY) , which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Marathon Petroleum Corporation (MPC): Free Stock Analysis Report

Galp Energia SGPS SA (GLPEY): Free Stock Analysis Report

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Marathon Petroleum (MPC) Looks Good: Stock Adds 8.4% In Session
 

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Marathon Petroleum (MPC) Looks Good: Stock Adds 8.4% In Session

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