Recent news coverage of Marathon Petroleum Corporation (MPC) shows a mix of different strategic moves, financial transactions, and projections. Notably, MPC is seen as a trending stock, attracting diverse investors from Sava Infond d.o.o., AssuredPartners Investment Advisors LLC to Independent Solutions Wealth Management LLC. Despite shares being sold by many entities such as LPL Financial LLC, American Century Companies Inc., and Prudential Financial Inc., there's an influx of new purchases, suggesting varied market sentiment. Interestingly, MPC is among the favorite Oil and Gas stocks of billionaires. The corporation reported its fourth-quarter 2024 numbers, while Goldman Sachs adjusted MPC's price target from $174 to $173, maintaining a buy rating. Despite some downturns, MPC is seen as a good oil refinery stock by analysts. With a projection of reporting Q1 Financial Results on May 6, 2025, MPC declared a $0.91 quarterly dividend for March 2025, announced a virtual annual meeting in April 2025, and a new director election. The company also partnered with Comstock Fuels for its financing. Interestingly, MPC topped Q4 earnings despite lower refining margins, and its Q3 profit beat estimates, followed by a boost in share buybacks by $5 billion.
Marathon Petroleum Corporation MPC News Analytics from Fri, 30 Aug 2024 07:00:00 GMT to Sat, 29 Mar 2025 10:21:38 GMT - Rating 5 - Innovation 2 - Information 8 - Rumor -6
