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Published: Fri, December 02, 2016
Economy | By Melissa Porter

One Stock Analysts Are Watching - Marathon Petroleum Corporation (NYSE:MPC)


British Columbia Investment Management Corp now owns 382,468 shares of the company's stock worth $5,741,000 after buying an additional 39,861 shares during the last quarter.

Marathon Oil Corporation (NYSE:MRO) declared a quarterly dividend on Wednesday, October 26th. It has outperformed by 24.06% the S&P500. (NYSE:MRO) last issued its quarterly earnings data on Wednesday, November 2nd. The Detroit Michigan 48265 based company operating under the Auto Manufacturers - Major industry has been trending down for the last 52 weeks, with the shares price now -0.14% down for the period and up by 5.36% so far this year. According to Zacks Investment Research, based on 4 analysts' forecasts, the consensus EPS forecast for the quarter is $-0.33.

When we look at the Analyst Recommendations of the stock, the company has 2 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. The Mean and Low price Targets are $52.62 and $41, respectively. The current share price indicates that stock is 2.95% away from its one year high and is moving 182.01% ahead of its one year low. Marathon Oil Corporation has been the topic of 44 analyst reports since July 21, 2015 according to StockzIntelligence Inc. 14 advised "Hold Rating" regarding the stock. As per Tuesday, August 23, the company rating was initiated by Jefferies. The firm now has a buy rating on the stock. (NYSE:APC) to Buy from its previous rating of Hold. The firm earned "Overweight" rating on Monday, January 11 by Barclays Capital. Credit Suisse maintained the shares of MPC in a report on Tuesday, January 26 with "Outperform" rating.

10/28/2016 - Marathon Petroleum Corporation had its "sector perform" rating reiterated by analysts at Scotiabank.

Anadarko Petroleum Corporation (Anadarko) is an independent exploration and production company. The Company operates through three segments: North America E&P (N.A. E&P), global E&P (Int'l E&P), and Oil Sands Mining (OSM).

Marathon Petroleum Corp. has a one year low of $29.24 and a one year high of $59.99.

Insitutional Activity: The institutional sentiment increased to 1.08 in Q2 2016. Its up 0.10, from 1.09 in 2016Q1.

Aperio Group LLC raised its stake in Marathon Oil Corp. They now own 670.09 million shares or 0.20% less from 671.42 million shares in 2016Q1. The low EPS estimate is $0.25, while the high EPS estimate is $0.38. Whittier Trust reported 4,700 shares or 0.01% of all its holdings. The shares, which traded within a range of $77.28 to $79.45 during the day, are down by -4.22% in the past three months and down by -2.92% over the past six months. The shares ended last trade at $47.02, implying that Wall Street analysts see shares climbing about 10.14 per cent in 12 months' time. The corporation holds 86.87 million outstanding shares and its 83.44 million shares were floated in the market. Archford Cap Strategies Llc accumulated 0% or 49 shares. (NYSE:MRO) from a buy rating to a sell rating in a report published on Wednesday. Ameritas has 11,115 shares for 0.03% of their U.S. portfolio. Commonwealth Equity Svcs has 0.02% invested in the company for 123,585 shares. Kcg holds 76,074 shares or 0.08% of its portfolio. Macquarie Group Ltd. now owns 21,983,380 shares of the company's stock valued at $329,971,000 after buying an additional 110,766 shares during the period. MRO's value Change from Open was at 10.26% with a Gap of 9.57%.

Finally, Canaccord Genuity started coverage on Marathon Oil Corp.in a research note on Friday, September 30th. The Company's divisions include Oil and Gas Exploration & Production; Midstream, and Marketing. Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products, through various means, including barges, terminals and trucks that it owns or operates.

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