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.
Has Marathon Petroleum (MPC) Outpaced Other Oils-Energy Stocks 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. Has Marathon Petroleum (MPC - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.
Marathon Petroleum is one of 252 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. 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 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).
Over the past 90 days, the Zacks Consensus Estimate for MPC's full-year earnings has moved 55.3% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, MPC has returned 122.8% so far this year. Meanwhile, stocks in the Oils-Energy group have gained about 29.1% on average. This means that Marathon Petroleum is performing better than its sector in terms of year-to-date returns.
PBF Energy (PBF - 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 157.1%.
For PBF Energy, the consensus EPS estimate for the current year has increased 134.8% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, Marathon Petroleum is a member of the Oil and Gas - Refining and Marketing industry, which includes 16 individual companies and currently sits at #20 in the Zacks Industry Rank. This group has gained an average of 109.8% so far this year, so MPC is performing better in this area. PBF Energy is also part of the same industry.
Investors with an interest in Oils-Energy stocks should continue to track Marathon Petroleum and PBF Energy. These stocks will be looking to continue their solid performance.
View the Zacks #1 Rank List
Image: Bigstock
Has Marathon Petroleum (MPC) Outpaced Other Oils-Energy Stocks This Year?
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Has Marathon Petroleum (MPC - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.
Marathon Petroleum is one of 252 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. 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 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).
Over the past 90 days, the Zacks Consensus Estimate for MPC's full-year earnings has moved 55.3% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, MPC has returned 122.8% so far this year. Meanwhile, stocks in the Oils-Energy group have gained about 29.1% on average. This means that Marathon Petroleum is performing better than its sector in terms of year-to-date returns.
PBF Energy (PBF - 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 157.1%.
For PBF Energy, the consensus EPS estimate for the current year has increased 134.8% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, Marathon Petroleum is a member of the Oil and Gas - Refining and Marketing industry, which includes 16 individual companies and currently sits at #20 in the Zacks Industry Rank. This group has gained an average of 109.8% so far this year, so MPC is performing better in this area. PBF Energy is also part of the same industry.
Investors with an interest in Oils-Energy stocks should continue to track Marathon Petroleum and PBF Energy. These stocks will be looking to continue their solid performance.