March 19, 2018

Wall Street Analysts Forecast 8.6% on Marathon Oil Corporation (NYSE:MRO)

14 November 2017, 08:02 | Cesar Cruz

Federated Investors Increased Marathon Pete (MPC) Stake; Autonation (AN) Shorts Increased By 4.16%

Marathon Petroleum

Investors and Traders continue to monitor technical levels of shares of Marathon Petroleum Corporation (MPC). The company's stock had a trading volume of 2,823,400 shares, compared to its average volume of 4,407,922.

Analysts on average have given a price target of $66.22 to Marathon Petroleum Corporation (MPC) stock. It has underperformed by 31.35% the S&P500. The company moved in the past week with shift of -0.77%. The value in dollars went from $3,420,000 to $3,623,000 increasing 5.9% since the last quarter. Semgroup Corp now has $1.97B valuation. Vanguard Group Inc. now owns 86,677,815 shares of the oil and gas producer's stock valued at $1,027,132,000 after acquiring an additional 1,808,213 shares during the period. It is down 311.09% since November 14, 2016 and is uptrending.

Analysts await Marathon Petroleum Corp (NYSE:MPC) to report earnings on February, 7. They expect $-0.03 EPS, up 78.57% or $0.11 from last year's $-0.14 per share. MPC's profit will be $439.60 million for 17.30 P/E if the $0.90 EPS becomes a reality. After $0.60 actual EPS reported by SemGroup Corp for the previous quarter, Wall Street now forecasts -21.67% negative EPS growth.

Investors sentiment is 1.08 in Q2 2017. Its down 0.03, from 1.08 in 2017Q1. Old Mutual Customised Solutions (Proprietary) Ltd invested in 28,095 shares or 0.22% of the stock. Monetary Mngmt Group Inc Inc reported 700 shares. Credit Suisse Ag holds 0% of its portfolio in SemGroup Corp (NYSE:SEMG) for 45,291 shares. Amp Capital Limited accumulated 310,788 shares or 0.1% of the stock. (NYSE:AN). Ogorek Anthony Joseph Ny Adv has invested 0.02% in AutoNation, Inc. 2,600 are held by Sandy Spring Natl Bank. (NYSE:AN). Gabelli Funds Ltd invested in 0.14% or 558,800 shares. Clearbridge Ltd Liability Corporation reported 1.37M shares or 0.04% of all its holdings. Boston Private Wealth Limited Liability Com owns 56,601 shares. Louisiana State Employees Retirement System accumulated 52,700 shares. Alpine Woods Cap Ltd Co stated it has 0.17% in SemGroup Corp (NYSE:SEMG). Thompson Davis And owns 1,502 shares. The New York-based Jpmorgan Chase Co has invested 0% in SemGroup Corp (NYSE:SEMG). The stock increased 0.28% or $0.29 during the last trading session, reaching $102.8.

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Since May 18, 2017, it had 0 insider buys, and 3 sales for $1.81 million activity. The insider MCADAM WILLIAM J bought $420,000. Also, VP C. Michael Palmer sold 11,450 shares of the business's stock in a transaction that occurred on Thursday, September 14th. They now have a buy rating on the oil and gas producer's stock. Therefore 32% are positive. SemGroup had 24 analyst reports since August 10, 2015 according to SRatingsIntel. Kelley Thomas M. also sold $1.36 million worth of Marathon Petroleum Corp (NYSE:MPC) on Wednesday, June 14. (NYSE:AN) has "Hold" rating given on Thursday, August 3 by Deutsche Bank. RBC Capital Markets maintained SemGroup Corp (NYSE:SEMG) on Sunday, July 23 with "Buy" rating. The company was maintained on Wednesday, October 11 by Barclays Capital. The firm earned "Buy" rating on Monday, August 10 by Zacks. Suntrust Robinson initiated SemGroup Corp (NYSE:SEMG) on Wednesday, June 15 with "Buy" rating. As per Friday, November 3, the company rating was maintained by Jefferies. The firm has "Buy" rating by CL King given on Thursday, September 8. Dubuque Bancshares And Trust invested in 0% or 72 shares. 64 funds opened positions while 161 raised stakes. 673.63 million shares or 0.17% less from 674.80 million shares in 2017Q1 were reported. 202,297 are held by Bessemer Group. Kirr Marbach And Limited Liability Co In reported 88,897 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with's FREE daily email newsletter. Seaward Mgmt Ltd Partnership stated it has 8,418 shares or 0.02% of all its holdings. It is negative, as 53 investors sold MPC shares while 274 reduced holdings. Johnson Gp holds 958 shares. Utah Retirement Sys reported 0.04% stake.

Marathon Oil Corporation (NYSE:MRO)'s RSI (Relative Strength Index) is 59.81. Davidson Inv Advsrs has 291,355 shares for 0.49% of their portfolio. The ROA ratio is calculated by comparing net income to average total assets, and is expressed as a percentage. Kennedy Mgmt Incorporated holds 237,980 shares or 0.05% of its portfolio. It also upped Spdr Dow Jones Intl Real Estat (RWX) stake by 12,987 shares and now owns 129,476 shares. Qep Resources Inc. (NYSE:QEP) was raised too.

Marathon Oil Corporation is an exploration and production company. Marathon Petroleum Corporation presently has an average rating of "Buy" and an average target price of $62.64. The rating was maintained by Jefferies on Tuesday, May 30 with "Buy". JP Morgan has "Underweight" rating and $15 target. Of the analysts who provided ratings, 14 rated the company a Hold, 2 rated it a Strong Sell, and 7 rated it a Strong Buy. On Tuesday, May 31 the stock rating was upgraded by Simmons & Co to "Overweight".

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