Marathon Petroleum (MPC) Scheduled to Post Earnings on Thursday

Marathon Petroleum (NYSE:MPC) will be posting its quarterly earnings results before the market opens on Thursday, November 1st. Analysts expect Marathon Petroleum to post earnings of $1.70 per share for the quarter.

NYSE MPC opened at $68.80 on Wednesday. The company has a current ratio of 1.60, a quick ratio of 1.04 and a debt-to-equity ratio of 0.92. The company has a market cap of $31.06 billion, a P/E ratio of 18.11, a PEG ratio of 0.97 and a beta of 1.50. Marathon Petroleum has a 1 year low of $58.83 and a 1 year high of $88.45.

Several analysts recently issued reports on the stock. Citigroup increased their price target on shares of Marathon Petroleum from $95.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, September 7th. Tudor Pickering upgraded shares of Marathon Petroleum from a “hold” rating to a “buy” rating in a research report on Thursday, October 11th. Morgan Stanley set a $110.00 target price on shares of Marathon Petroleum and gave the company a “buy” rating in a research report on Friday, October 12th. Zacks Investment Research lowered shares of Marathon Petroleum from a “buy” rating to a “hold” rating in a research report on Tuesday, September 11th. Finally, JPMorgan Chase & Co. raised their target price on shares of Marathon Petroleum from $98.00 to $102.00 and gave the company an “overweight” rating in a research report on Friday, July 27th. Three investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. Marathon Petroleum presently has an average rating of “Buy” and a consensus target price of $92.38.



About Marathon Petroleum

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. It refines crude oil and other feed stocks at its six refineries in the Gulf Coast and Midwest regions of the United States; and purchases refined products and ethanol for resale.

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Earnings History for Marathon Petroleum (NYSE:MPC)

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