The stock has received rating from many Reuters analysts. RBC Capital Markets now has a $33.00 target price on the stock. A research note issued on 10/17/16 the stock was downgraded by Barclays from Overweight to Equal Weight.
Marathon Oil Corporation (NYSE:MRO) Independent Oil & Gas has a current market price of 17.6 and the change is 1.70%.
Out of 14 analysts covering Marathon Petroleum Corp (NYSE:MPC), 10 rate it a "Buy", 0 "Sell", while 4 "Hold". Goldman Sachs Group, Inc. Vetr raised Marathon Oil Corporation from a "sell" rating to a "hold" rating and set a $18.44 price target for the company in a report on Wednesday, December 14th. The Corporation has average brokerage recommendation (ABR) of 1.57 based on consensus of the brokerage firms issuing ratings. The stock price is going above to its 52 week low with 87.73% and lagging above from its 52 week high with 3.48%.
Marathon Petroleum Corporation (NYSE:MPC) [Trend Analysis] knocking active thrust in leading trading session, shares a gain of 5.12% to 52.93 with around 13.1 Million shares have changed hands in this session. The heightened volatility saw the trading volume jump to 1,33,29,197 shares. During the same period in the prior year, the business posted ($0.20) earnings per share. The stock has a market cap of $27.73 billion, a price-to-earnings ratio of 24.74 and a beta of 1.80.
Marathon Oil Corporation (NYSE:MRO) has insider ownership of 0.35% and institutional ownership of 81.94%.
Earnings Per Share (EPS), the portion of a company's profit distributed to each outstanding common share, is a useful indicator of a company's profitability.
Many Analysts provided their foresight on Revenue Estimates of Marathon Petroleum Corporation where they believe that the company has the potential to earn average revenue of $15.61 Billion for the current quarter. BP Gross Margin is 10.90% and its return on assets is -1.40%. The firm's quarterly revenue was down 11.2% on a year-over-year basis. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell). The ex-dividend date of this dividend was Monday, November 14th. This represents a $0.20 annualized dividend and a yield of 1.16%. Further the company offers corporate (travel) and purchasing card products, as well as value-added services. If you are accessing this news story on another publication, it was illegally stolen and reposted in violation of US & worldwide trademark & copyright laws. JFS Wealth Advisors LLC boosted its position in shares of Marathon Petroleum Corporation by 414.0% in the second quarter. To assess the movement of stock we should look over what analysts have to say about the stock current performance. The Stock opened its session at $53.7 and closed at $52.93 by showing increase of 5.12 percent.
12/15/2016-Instinet was Downgraded by analysts at Instinet from a "Buy " rating to a " Neutral" rating.
Tahoe Resources Inc. (NYSE:TAHO) [Trend Analysis] shows fluctuation in active trade, on Tuesday shares Dropped -5.14% to $9.42. The Company operates in three segments: North America E&P segment which explores for produces and markets crude oil and condensate 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 LNG and methanol in Egypt 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. Elliott also urged the company to consider separating all three of its retail, refining and pipeline businesses. Its Refining & Marketing segment refines crude oil and other feedstocks at its approximately seven refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products.