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) Ascends But Remains Behind Market: Some Facts to Note
Read MoreHide Full Article
The most recent trading session ended with Marathon Petroleum (MPC - Free Report) standing at $123.43, reflecting a +1.56% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 1.81%. Meanwhile, the Dow experienced a rise of 1.56%, and the technology-dominated Nasdaq saw an increase of 2.06%.
Coming into today, shares of the refiner had lost 11.31% in the past month. In that same time, the Oils-Energy sector lost 10.8%, while the S&P 500 lost 6.14%.
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 May 6, 2025. On that day, Marathon Petroleum is projected to report earnings of -$0.24 per share, which would represent a year-over-year decline of 108.63%. Alongside, our most recent consensus estimate is anticipating revenue of $30.09 billion, indicating a 9.41% downward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $7.47 per share and a revenue of $123.3 billion, indicating changes of -21.45% and -12.19%, respectively, from the former 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. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 9.8% fall in the Zacks Consensus EPS estimate. As of now, Marathon Petroleum holds a Zacks Rank of #3 (Hold).
From a valuation perspective, Marathon Petroleum is currently exchanging hands at a Forward P/E ratio of 16.27. This signifies a premium in comparison to the average Forward P/E of 15.77 for its industry.
One should further note that MPC currently holds a PEG ratio of 2.71. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Oil and Gas - Refining and Marketing industry was having an average PEG ratio of 2.5.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 89, positioning it in the top 36% 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) Ascends But Remains Behind Market: Some Facts to Note
The most recent trading session ended with Marathon Petroleum (MPC - Free Report) standing at $123.43, reflecting a +1.56% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 1.81%. Meanwhile, the Dow experienced a rise of 1.56%, and the technology-dominated Nasdaq saw an increase of 2.06%.
Coming into today, shares of the refiner had lost 11.31% in the past month. In that same time, the Oils-Energy sector lost 10.8%, while the S&P 500 lost 6.14%.
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 May 6, 2025. On that day, Marathon Petroleum is projected to report earnings of -$0.24 per share, which would represent a year-over-year decline of 108.63%. Alongside, our most recent consensus estimate is anticipating revenue of $30.09 billion, indicating a 9.41% downward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $7.47 per share and a revenue of $123.3 billion, indicating changes of -21.45% and -12.19%, respectively, from the former 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. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 9.8% fall in the Zacks Consensus EPS estimate. As of now, Marathon Petroleum holds a Zacks Rank of #3 (Hold).
From a valuation perspective, Marathon Petroleum is currently exchanging hands at a Forward P/E ratio of 16.27. This signifies a premium in comparison to the average Forward P/E of 15.77 for its industry.
One should further note that MPC currently holds a PEG ratio of 2.71. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Oil and Gas - Refining and Marketing industry was having an average PEG ratio of 2.5.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 89, positioning it in the top 36% 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.