Back to top

Image: Bigstock

Marathon Petroleum (MPC) Looks Good: Stock Adds 8.4% in Session

Read MoreHide Full Article

Marathon Petroleum Corporation (MPC - Free Report) was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 31.4% in the past one-month time frame.

The company has seen three negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Marathon Petroleum currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Marathon Petroleum Corporation Price

Investors interested in the Oil and Gas – Refining and Marketing industry may consider Galp Energia, SGPS, S.A. (GLPEY - Free Report) , which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is MPC going up? Or down? Predict to see what others think:Up or Down

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
 
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
 
See the pot trades we're targeting>>


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Marathon Petroleum Corporation (MPC) - free report >>

Galp Energia SGPS SA (GLPEY) - free report >>