Marathon Petroleum Corp (NYSE: MPC) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Marathon Petroleum Corporation announces election of two new directors.

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Stocks Info

The company is listed on the NYSE and operates within the Oil & Gas Refining & Marketing industry segment. The current market capitalization of Marathon Petroleum Corp is $63.16B. A total of 2.29 million shares were traded on the day, compared to an average of 3.12M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, MPC has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 1,436 shares. Over the last 12 months, there were 50 BUYs and 39 SELLs from insiders. Insiders purchased 191,704 shares during that period but sold 225,625.

In the most recent transaction, HAGEDORN CARL KRISTOPHER sold 1,436 shares of MPC for 146.81 per share on Nov 13. After the transaction, the Senior VP and Controller now owns 5,480 company shares. In a previous transaction on Nov 01, Rucker Kim K.W. sold 6,000 shares at 152.43 per share. MPC shares that Director owns now total 24,098.

Among the insiders who sold shares, Floerke Gregory Scott disposed of 8,189 shares on Aug 10 at a per-share price of $145.80. This resulted in the Ex VP & COO, MPLX GP LLC holding 28,633 shares of MPC after the transaction. In another insider transaction, Lyon Shawn M sold 8,086 shares at $147.15 per share on Aug 10. Company shares held by the SVP Log & Storage, MPLX GP LLC now total 15,036.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Marathon Petroleum Corp pays an annual dividend of $3.40, resulting in a dividend yield of 2.04%, and it has a price to earnings (P/E) ratio of 7.14. MPC’s most recent ex-dividend date was 2/20/2024 when it declared a $0.8250 quarterly dividend that was paid in cash on 3/11/2024. Previously, the company paid the dividend on 12/11/2023 with an ex-dividend date of 11/15/2023. The MPC stock dividend was $0.8250 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for MPC in the last 3 months, the mean price target is $172.06 with high estimates of $186.00 and low estimates of $155.00. In terms of 52-week highs and lows, MPC has a high of $171.42 and a low of $104.32.

As of this writing, MPC has an earnings estimate of $2.22 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $3.05 per share and a lower estimate of $1.05. The company reported an EPS of $8.14 in the last quarter, which was 5.00% higher than expectations of $7.75.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MPC’s latest balance sheet shows that the firm has $10.84B in Cash & Short Term Investments as of fiscal 2021. There were $26.90B in debt and $17.90B in liabilities at the time. Its Book Value Per Share was $82.89, while its Total Shareholder’s Equity was $33.58B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MPC is Buy with a score of 4.24.

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