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? One simple way to answer this question is to take a look at the year-to-date performance of MPC and the rest of the Oils-Energy group's stocks.
Marathon Petroleum is a member of the Oils-Energy sector. This group includes 322 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. MPC is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for MPC's full-year earnings has moved 4.89% higher within the past quarter. 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 25.49% so far this year. At the same time, Oils-Energy stocks have gained an average of 2.54%. This shows that Marathon Petroleum is outperforming its peers so far this year.
To break things down more, MPC belongs to the Oil and Gas - Refining and Marketing industry, a group that includes 13 individual companies and currently sits at #100 in the Zacks Industry Rank. On average, stocks in this group have gained 22.55% this year, meaning that MPC is performing better in terms of year-to-date returns.
MPC will likely be looking to continue its solid performance, so investors interested Oils-Energy stocks should continue to pay close attention to the company.