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Marathon Petroleum Corporation Message Board

  • jeff30067 jeff30067 Sep 25, 2013 1:36 PM Flag

    Ummmm.....insider buying?

    One of the director's bought 6300 shares at 71.37...that's nearly 450K...Love all the bs blah blah blah on yahoo's boards but this is a pretty good indication of where insiders see a good deal at...

    Go back to your blah blah blah bs now...

    Sentiment: Strong Buy

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    • more than likely. just announced a 2 B$ added share repurchase. That's 10% of the existing market cap. For you nebiews, that means an automatic increase of 10% on earnings. this provides the answer of what they intend to do with all the cash this thing is throwing off.

      Look for a divvy increase as well at the next opportunity to announce a payment, they will likely keep about the same balance between dividend and share repurchases.

 
MPC
86.58+2.01(+2.38%)Apr 15 4:02 PMEDT

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