Marathon Petroleum Corporation (MPC) has been experiencing deep-seated movements in its stock, garnering significant attention from institutional investors. The US Bancorp DE, Jefferies Financial Group Inc., and others have sold large shares of MPC, while investment firms like Natixis Advisors LLC and Vestcor Inc, among others, purchased substantial shares. MPC is declared as one of the top crude oil stocks by hedge funds and reported to have shown an attractive 18% return on equity. It has also declared a $0.91 dividend, exciting its investors. Speculations rise as the Q2 earnings approach, while experts caution investors about the company's increasing debt. MPC registered a bigger fall than the market but remains a favorite amongst institutional investors who own 77%. Earnings are expected to decline in the Q2 report. Despite this, Wall Street maintains a positive outlook for the company. Notably, Jim Cramer expressed his liking for MPC, adding a positive vibe to the stock. Investors are advised to stay updated with the ongoing trends in the stock before betting on it.
Marathon Petroleum Corporation MPC News Analytics from Tue, 04 Feb 2025 08:00:00 GMT to Sat, 02 Aug 2025 14:07:48 GMT -
Rating 2
- Innovation 4
- Information 6
- Rumor -2
