Today, a Director at Marathon Petroleum Corporation (MPC), Steven A. Davis, bought shares of MPC for $155.5K.
Following Steven A. Davis’ last MPC Buy transaction on May 31, 2016, the stock climbed by 29.0%. Following this transaction Steven A. Davis’ holding in the company was increased by 15.19% to a total of $1.7 million.
See today’s analyst top recommended stocks >>
Based on Marathon Petroleum Corporation’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $22.91 billion and quarterly net profit of $737 million. In comparison, last year the company earned revenue of $17.3 billion and had a net profit of $903 million. MPC’s market cap is $27.91B and the company has a P/E ratio of 7.69. Currently, Marathon Petroleum Corporation has an average volume of 1.03M.
Starting in May 2018, MPC received 28 Buy ratings in a row. Based on 10 analyst ratings, the analyst consensus is Strong Buy with an average price target of $107.86, reflecting a 73.2% upside. 10 different firms, including Barclays and Citigroup, currently also have a Buy rating on the stock.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Marathon Petroleum Corp. is an independent petroleum product refiners, marketers and transporters in the United States. The company operates through the following segments: Refining & Marketing, Speedway and Midstream.
