Alert: Negative Investment/Fundamental Signals (10/14/24)-Marathon Petroleum Corp (NYSE: MPC)

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Marathon Petroleum Corp (NYSE: MPC) has recently experienced notable negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Marathon Petroleum Corp (NYSE: MPC) has recently experienced meaningful negative changes in investment behavior: its shorter term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

MPC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Marathon Petroleum has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Marathon Petroleum has a very high Appreciation Score of 85 but a poor Power Rating of 21, with the Neutral Value Trend Rating the result.

Recent Price Action

On 10/14/24, Marathon Petroleum Corp (NYSE: MPC) stock declined modestly by -1.1%, closing at $162.50. However, below average trading volume at 74% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -5.5% during the last week.

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