We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
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.
Is Marathon Petroleum (MPC) Stock Outpacing Its Oils-Energy Peers This Year?
Read MoreHide Full Article
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Is Marathon Petroleum (MPC - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Marathon Petroleum is a member of the Oils-Energy sector. This group includes 251 individual stocks and currently holds a Zacks Sector Rank of #1. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Marathon Petroleum is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for MPC's full-year earnings has moved 14% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, MPC has moved about 86.3% on a year-to-date basis. In comparison, Oils-Energy companies have returned an average of 41.2%. This means that Marathon Petroleum is outperforming the sector as a whole this year.
Nabors Industries (NBR - Free Report) is another Oils-Energy stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 111.7%.
Over the past three months, Nabors Industries' consensus EPS estimate for the current year has increased 0.6%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Marathon Petroleum belongs to the Oil and Gas - Refining and Marketing industry, which includes 16 individual stocks and currently sits at #14 in the Zacks Industry Rank. On average, stocks in this group have gained 42.6% this year, meaning that MPC is performing better in terms of year-to-date returns.
Nabors Industries, however, belongs to the Oil and Gas - Drilling industry. Currently, this 7-stock industry is ranked #17. The industry has moved +63.6% so far this year.
Investors with an interest in Oils-Energy stocks should continue to track Marathon Petroleum and Nabors Industries. These stocks will be looking to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Marathon Petroleum (MPC) Stock Outpacing Its Oils-Energy Peers This Year?
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Is Marathon Petroleum (MPC - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Marathon Petroleum is a member of the Oils-Energy sector. This group includes 251 individual stocks and currently holds a Zacks Sector Rank of #1. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Marathon Petroleum is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for MPC's full-year earnings has moved 14% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, MPC has moved about 86.3% on a year-to-date basis. In comparison, Oils-Energy companies have returned an average of 41.2%. This means that Marathon Petroleum is outperforming the sector as a whole this year.
Nabors Industries (NBR - Free Report) is another Oils-Energy stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 111.7%.
Over the past three months, Nabors Industries' consensus EPS estimate for the current year has increased 0.6%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Marathon Petroleum belongs to the Oil and Gas - Refining and Marketing industry, which includes 16 individual stocks and currently sits at #14 in the Zacks Industry Rank. On average, stocks in this group have gained 42.6% this year, meaning that MPC is performing better in terms of year-to-date returns.
Nabors Industries, however, belongs to the Oil and Gas - Drilling industry. Currently, this 7-stock industry is ranked #17. The industry has moved +63.6% so far this year.
Investors with an interest in Oils-Energy stocks should continue to track Marathon Petroleum and Nabors Industries. These stocks will be looking to continue their solid performance.