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.
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. Marathon Petroleum (MPC - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.
Marathon Petroleum is one of 245 companies in the Oils-Energy group. The Oils-Energy group currently sits at #13 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the 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 24.6% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, MPC has gained about 37.8% so far this year. Meanwhile, stocks in the Oils-Energy group have gained about 5.6% on average. This means that Marathon Petroleum is performing better than its sector in terms of year-to-date returns.
Siemens Energy AG Unsponsored ADR (SMNEY - 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 130.8%.
Over the past three months, Siemens Energy AG Unsponsored ADR's consensus EPS estimate for the current year has increased 38.3%. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Marathon Petroleum belongs to the Oil and Gas - Refining and Marketing industry, a group that includes 15 individual companies and currently sits at #23 in the Zacks Industry Rank. On average, stocks in this group have gained 18.6% this year, meaning that MPC is performing better in terms of year-to-date returns.
On the other hand, Siemens Energy AG Unsponsored ADR belongs to the Alternative Energy - Other industry. This 43-stock industry is currently ranked #145. The industry has moved +41.2% year to date.
Investors with an interest in Oils-Energy stocks should continue to track Marathon Petroleum and Siemens Energy AG Unsponsored ADR. 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. Marathon Petroleum (MPC - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.
Marathon Petroleum is one of 245 companies in the Oils-Energy group. The Oils-Energy group currently sits at #13 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the 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 24.6% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, MPC has gained about 37.8% so far this year. Meanwhile, stocks in the Oils-Energy group have gained about 5.6% on average. This means that Marathon Petroleum is performing better than its sector in terms of year-to-date returns.
Siemens Energy AG Unsponsored ADR (SMNEY - 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 130.8%.
Over the past three months, Siemens Energy AG Unsponsored ADR's consensus EPS estimate for the current year has increased 38.3%. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Marathon Petroleum belongs to the Oil and Gas - Refining and Marketing industry, a group that includes 15 individual companies and currently sits at #23 in the Zacks Industry Rank. On average, stocks in this group have gained 18.6% this year, meaning that MPC is performing better in terms of year-to-date returns.
On the other hand, Siemens Energy AG Unsponsored ADR belongs to the Alternative Energy - Other industry. This 43-stock industry is currently ranked #145. The industry has moved +41.2% year to date.
Investors with an interest in Oils-Energy stocks should continue to track Marathon Petroleum and Siemens Energy AG Unsponsored ADR. These stocks will be looking to continue their solid performance.