Marathon Petroleum Corp (NYSE: MPC) has reported earnings for its third fiscal quarter (ending September 30) of $1.88 versus $8.31 for the same period a year ago — a decline of -77%. For the latest four quarters through September 30, E.P.S. were $12.71 versus $26.64 for the same period a year ago — a decline of -52%.
Recent Price Action
Marathon Petroleum Corp (NYSE: MPC) stock enjoyed a large increase of 3.2% on 11/5/24. The stock closed at $149.56. Moreover, above average trading volume at 140% of normal accompanied the advance. The stock has declined -1.0% during the last week and has been weak relative to the market over the last nine months.
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 (Low 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 87 but a very low Power Rating of 9, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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