Today, the Pres., Refining, Mktg & Supply of Marathon Petroleum Corporation (MPC), Donald Templin, bought shares of MPC for $253.7K.
This recent transaction increases Donald Templin’s holding in the company by 5.37% to a total of $5.19 million. This is Templin’s first transaction since reporting a Buy transaction on MPLX back in August 2015
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Based on Marathon Petroleum Corporation’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $28.14 billion and GAAP net loss of $7 million. In comparison, last year the company earned revenue of $18.79 billion and had a net profit of $37 million. MPC’s market cap is $35.26B and the company has a P/E ratio of 10.11. Currently, Marathon Petroleum Corporation has an average volume of 487.
Based on 7 analyst ratings, the analyst consensus is Strong Buy with an average price target of $77.00, reflecting a 45.7% upside. Seven different firms, including Citigroup and Raymond James, currently also have a Buy rating on the stock.
The insider sentiment on Marathon Petroleum Corporation has been negative according to 82 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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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; Retail; and Midstream.
