Today, the Sr. VP, Marketing of Marathon Petroleum Corporation, Thomas M. Kelley, exercised options of Marathon Petroleum Corporation (NYSE: MPC) for $1.97M.
Following Thomas M. Kelley’s last MPC Sell transaction on March 15, 2018, the stock climbed by 10.8%.
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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 $18.79 billion and quarterly net profit of $37 million. In comparison, last year the company earned revenue of $14.5 billion and had a net profit of $30 million. MPC’s market cap is $36.91B and the company has a P/E ratio of 11.50. Currently, Marathon Petroleum Corporation has an average volume of 2.4M.
Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $88.33, reflecting a -9.7% downside.
The insider sentiment on Marathon Petroleum Corporation has been neutral according to 89 insider trades in the past three months. This sentiment is higher 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, Speedway and Midstream.
