You are using an older browser version. Please use a supported version for the best MSN experience.

Marathon Petroleum (MPC) in Focus: Stock Moves 8.6% Higher

Zacks.com logo Zacks.com 11/17/2020

Marathon Petroleum Corporation MPC was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 38.7% in the past one-month time frame.

The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Marathon Petroleum currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Marathon Petroleum Corporation Price

chart, line chart: Marathon Petroleum Corporation Price © Provided by Zacks.com Marathon Petroleum Corporation Price

Marathon Petroleum Corporation price | Marathon Petroleum Corporation Quote

A better-ranked stock in the Oils and Energy sector is PDC Energy, Inc. PDCE, holding a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Legal Marijuana: An Investor’s Dream

Imagine getting in early on a young industry primed to skyrocket from $17.7 billion in 2019 to an expected $73.6 billion by 2027.

Although marijuana stocks did better as the pandemic took hold than the market as a whole, they’ve been pushed down. This is exactly the right time to get in on selected strong companies at a fraction of their value before COVID struck. Zacks’ Special Report, Marijuana Moneymakers, reveals 10 exciting tickers for urgent consideration.

Download Marijuana Moneymakers FREE >>

AdChoices
AdChoices
AdChoices

More from Zacks.com

image beaconimage beaconimage beacon