We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Marathon Petroleum (MPC) Rises But Trails Market: What Investors Should Know
Read MoreHide Full Article
The most recent trading session ended with Marathon Petroleum (MPC - Free Report) standing at $133.98, reflecting a +0.45% shift from the previouse trading day's closing. The stock lagged the S&P 500's daily gain of 0.73%. Elsewhere, the Dow saw an upswing of 0.16%, while the tech-heavy Nasdaq appreciated by 0.98%.
Shares of the refiner witnessed a loss of 15.84% over the previous month, trailing the performance of the Oils-Energy sector with its loss of 9.2% and the S&P 500's gain of 0.34%.
Investors will be eagerly watching for the performance of Marathon Petroleum in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on February 4, 2025. The company's upcoming EPS is projected at $0.25, signifying a 93.72% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $31.93 billion, down 13.29% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $9.91 per share and a revenue of $138.87 billion, signifying shifts of -58.06% and -7.61%, respectively, from the last year.
Any recent changes to analyst estimates for Marathon Petroleum should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 2.21% lower. Marathon Petroleum is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, Marathon Petroleum currently has a Forward P/E ratio of 13.46. This valuation marks a discount compared to its industry's average Forward P/E of 13.47.
Also, we should mention that MPC has a PEG ratio of 2.24. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Oil and Gas - Refining and Marketing stocks are, on average, holding a PEG ratio of 2.24 based on yesterday's closing prices.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 172, positioning it in the bottom 32% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Marathon Petroleum (MPC) Rises But Trails Market: What Investors Should Know
The most recent trading session ended with Marathon Petroleum (MPC - Free Report) standing at $133.98, reflecting a +0.45% shift from the previouse trading day's closing. The stock lagged the S&P 500's daily gain of 0.73%. Elsewhere, the Dow saw an upswing of 0.16%, while the tech-heavy Nasdaq appreciated by 0.98%.
Shares of the refiner witnessed a loss of 15.84% over the previous month, trailing the performance of the Oils-Energy sector with its loss of 9.2% and the S&P 500's gain of 0.34%.
Investors will be eagerly watching for the performance of Marathon Petroleum in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on February 4, 2025. The company's upcoming EPS is projected at $0.25, signifying a 93.72% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $31.93 billion, down 13.29% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $9.91 per share and a revenue of $138.87 billion, signifying shifts of -58.06% and -7.61%, respectively, from the last year.
Any recent changes to analyst estimates for Marathon Petroleum should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 2.21% lower. Marathon Petroleum is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, Marathon Petroleum currently has a Forward P/E ratio of 13.46. This valuation marks a discount compared to its industry's average Forward P/E of 13.47.
Also, we should mention that MPC has a PEG ratio of 2.24. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Oil and Gas - Refining and Marketing stocks are, on average, holding a PEG ratio of 2.24 based on yesterday's closing prices.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 172, positioning it in the bottom 32% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.