Marathon Petroleum Corporation (MPC) is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation’s largest refining system. MPC’s marketing system includes branded locations across the United States, including Marathon brand retail outlets. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure.
Raymond James analyst Justin Jenkins maintains Marathon Petroleum (NYSE:MPC) with a Strong Buy and raises the price target from $165 to $177.
Raymond James raises Marathon Petroleum (NYSE:MPC) price target from $165 to $177 Read Post »
Wells Fargo analyst Roger Read maintains Marathon Petroleum (NYSE:MPC) with a Equal-Weight and raises the price target from $142 to $157.
Wells Fargo raises Marathon Petroleum (NYSE:MPC) price target from $142 to $157 Read Post »
Goldman Sachs Boosts Price Target on Marathon Petroleum (NYSE:MPC) to $163 From $153, Maintains Buy Rating。
Goldman Sachs Boosts Marathon Petroleum (NYSE:MPC) Price Target to $163 From $153 Read Post »
B of A Securities analyst Doug Leggate downgrades Marathon Petroleum (NYSE:MPC) from Buy to Neutral and raises the price target from $159 to $162.
B of A Securities raises Marathon Petroleum (NYSE:MPC) price target from $159 to $162 Read Post »
Barclays analyst Theresa Chen maintains Marathon Petroleum (NYSE:MPC) with a Overweight and raises the price target from $132 to $152.
Barclays raises Marathon Petroleum (NYSE:MPC) price target from $132 to $152 Read Post »
Marathon Petroleum (NYSE:MPC) Price Target Raised to $164.00/Share From $140.00 by Jefferies。
Barclays analyst Theresa Chen maintains Marathon Petroleum (NYSE:MPC) with a Overweight and raises the price target from $124 to $132.
Barclays raises Marathon Petroleum (NYSE:MPC) price target from $124 to $132 Read Post »
Marathon Petroleum Corp. (NYSE: MPC) today reported net income attributable to MPC of $2.2 billion, or $5.32 per diluted share, for the second quarter of 2023, compared with net income attributable to MPC of $5.9 billion, or $10.95 per diluted share, for the second quarter of 2022. The second quarter of 2023 adjusted earnings before interest, taxes, depreciation, and amortization (adjusted EBITDA) was $4.5 billion, compared with $9.1 billion for the second quarter of 2022. “Our second quarter results reflect continued execution against our strategic initiatives,” said President and Chief Executive Officer Michael J. Hennigan. “The business generated $4.0 billion of net cash provided by operating activities and we returned $3.4 billion through share repurchases and dividends during the quarter.”
Marathon Petroleum (NYSE:MPC) Q2 2023 Results Read Post »
Morgan Stanley analyst Connor Lynagh reiterates Marathon Petroleum (NYSE:MPC) with a Overweight and maintains $150 price target.
Morgan Stanley maintains Marathon Petroleum (NYSE:MPC) $150 price target Read Post »
Raymond James analyst Justin Jenkins maintains Marathon Petroleum (NYSE:MPC) with a Strong Buy and raises the price target from $150 to $165.
Raymond James raises Marathon Petroleum (NYSE:MPC) price target from $150 to $165 Read Post »
Mizuho analyst Nitin Kumar maintains Marathon Petroleum (NYSE:MPC) with a Buy and lowers the price target from $160 to $148.
Mizuho lowered Marathon Petroleum (NYSE:MPC) price target from $160 to $148 Read Post »
Wells Fargo analyst Roger Read maintains Marathon Petroleum (NYSE:MPC) with a Equal-Weight and lowers the price target from $135 to $124.
Wells Fargo lowered Marathon Petroleum (NYSE:MPC) price target from $135 to $124 Read Post »