Industry Insights

In recent trading, shares of Marathon Petroleum Corp. (Symbol: MPC) have crossed above the average analyst 12-month target price of $46.00, changing hands for $46.09/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade Source: Industry Insights

In afternoon trading on Tuesday, Energy stocks are the best performing sector, up 2.1%. Within the sector, Marathon Petroleum Corp. (Symbol: MPC) and HollyFrontier Corp (Symbol: HFC) are two large stocks leading the way, showing a gain of 5.9% and 5.3%, respectively. Among en Source: Industry Insights

(RTTNews) – Marathon Petroleum Corp. (MPC) announced the appointment of Maryann Mannen as Executive Vice President and Chief Financial Officer, effective January 25. Since 2017, Mannen has served as Executive Vice President and Chief Financial Officer of TechnipFMC. From 2011 to Source: Industry Insights

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Marathon Petroleum Corp. (Symbol: MPC), where a total of 29,898 contracts have traded so far, representing approximately 3.0 million underlying shares. That amounts to Source: Industry Insights

Income investors are always looking for dividend stocks with high yields that can provide them with reliable cash flow. Retirees in particular often seek stable companies that are only likely to offer modest growth, but have predictable dividends. In other cases, income investors Source: Industry Insights

Investors in Marathon Petroleum Corp. (Symbol: MPC) saw new options become available today, for the February 2021 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MPC options chain for the new February 2021 contracts and identified one p Source: Industry Insights

Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of Marathon Petroleum Corp. (Symbol: MPC) were yielding above the 6% mark based on its quarterly dividend (annualized to $2.32), with the stock changing hands as low as $38.30 on the da Source: Industry Insights

Nearly 200 refinery workers represented by the International Brotherhood of Teamsters in St. Paul Park, Minnesota, voted last week to authorize a strike if they cannot reach an agreement with Marathon Petroleum on a new contract by the end of 2020, the union said on Thursday. Source: Industry Insights

Looking at the sectors faring worst as of midday Thursday, shares of Energy companies are underperforming other sectors, showing a 0.5% loss. Within that group, Marathon Petroleum Corp. (Symbol: MPC) and Pioneer Natural Resources Co (Symbol: PXD) are two of the day’s laggards, Source: Industry Insights

Energy stocks were higher in Wednesday’s pre-bell trading with the Energy Select Sector SPDR (XLE) recently climbing by 0.30%. The United States Oil Fund (USO) was down 0.09% and the United States Natural Gas Fund (UNG) was down 0.73%.Front-month West Texas Intermediate crude oil Source: Industry Insights