80.07 0.00 (0.00%)
After hours: 4:54PM EDT
|Bid||80.08 x 1800|
|Ask||80.50 x 2200|
|Day's Range||78.27 - 80.25|
|52 Week Range||55.73 - 88.45|
|Beta (3Y Monthly)||1.53|
|PE Ratio (TTM)||9.72|
|Earnings Date||Nov 1, 2018|
|Forward Dividend & Yield||1.84 (2.37%)|
|1y Target Est||105.50|
Jim Cramer picks the energy sector's power players, which include shares of oil refiners as well as exploration and production entities.
In the "Power Rankings" segment on last night's "Mad Money" program, our own Jim Cramer dove into the energy sector to see which stocks are worth buying now. The refining business has been very strong but this stock still trades at just 10 times earnings, according to Cramer. In this daily bar chart of MPC, below, we can see that MPC has been in an uptrend the past 12 months - higher lows and higher highs.
Investors need to practice being patient, Jim Cramer told his Mad Money viewers Monday. People have been selling stocks for weeks, Cramer added, and if the Federal Reserve changes course, you could be paying up big time. Betting on the Fed to do the right thing has always been a risky proposition.
CNBC's Jim Cramer picks the energy sector's power players, which include shares of oil refiners as well as exploration and productoin entities. Among the "Mad Money" host's favorites are Marathon Petroleum and EOG Resources. With stocks trying to recover from last week's painful selling, CNBC's Jim Cramer wanted to continue his marketwide power rankings to find plays worth buying at these levels.
FINDLAY, Ohio , Oct. 15, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will release its 2018 third-quarter financial results ...
FINDLAY, Ohio , Oct. 15, 2018 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will release its 2018 third-quarter financial results before the market opens on Thursday, November 1, 2018 . MPC will ...
In this article, we’ll review Wall Street analysts’ ratings for HollyFrontier (HFC) ahead of its third-quarter earnings release.
In the previous article, we examined HollyFrontier’s (HFC) refining earnings expectation for the third quarter. Now, let’s review HollyFrontier’s stock performance since the beginning of the quarter. HFC has fallen in the stated period.
In this article, we’ll consider HollyFrontier’s (HFC) estimated refining earnings trend in the third quarter. HollyFrontier’s refining index values indicate the refining crack conditions in the regions in which the company operates.
Short interest in Phillips 66 (PSX) expressed as a percentage of outstanding shares has risen 0.02 percentage points since August 29 to the current 1.17%. Usually, everything else being equal, a rise in short interest could indicate an increase in bearish sentiment for a stock. In that same period, Phillips 66 stock fell 1.7%.
Moody's Investors Service (Moody's) assigned Baa2 ratings to Marathon Petroleum Corporation's (MPC) new notes totaling $2.9 billion issued in exchange for Andeavor's (ANDV) unsecured notes in conjunction with the close of MPC's acquisition of ANDV on October 1, 2018. In a related action, Moody's withdrew the Baa3 senior unsecured rating for ANDV, now a wholly-owned subsidiary of MPC.
On October 5, Phillips 66 announced a dividend payment of $0.80 per share to be paid on December 3. Its fourth-quarter dividend payment represents a 27% growth over the dividend it paid in Q4 2016. Phillips 66’s current dividend yield is 2.7%.
Ensco (ESV) agreed to snap up Rowan Companies (RDC) in a $2.38 billion deal, while Canada's Precision Drilling (PDS) is set to acquire Trinidad Drilling Limited for C$1.03 billion.
Brent crude oil prices continue to jump beyond $80 a barrel, spurring a rally in energy stocks. In an era of trade sanctions and trade wars, emerging economics are subject to geopolitical shocks that could decelerate their growth. In our view, oil would rally first and emerging markets equities will fall afterwards as weaker countries feel the impact of higher oil prices.
In the previous part of this series, we looked at Phillips 66’s (PSX) refining margin expectations for the third quarter of 2018. Now, let’s look at PSX stock and how it has performed since July 2, the beginning of the third quarter. We’ll also see how the SPDR S&P 500 ETF (SPY), the broader market indicator, and the US Gulf Coast WTI 3-2-1, the benchmark crack, have performed.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Marathon Petroleum (MPC) have what it takes? Let's find out.
Short interest is low for MPC with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on October 5. Over the last month, growth of ETFs holding MPC is favorable, with net inflows of $21.10 billion.
Valero Energy’s (VLO) dividend payments have been increasing steadily over the past few years. Wall Street analysts anticipate Valero’s dividend payment to stay stable at $0.80 per share in the fourth quarter of 2018. Valero’s current dividend yield is 2.7%.
In the previous part of this series, we examined Valero Energy’s (VLO) refining margin expectation for the third quarter of 2018. Now we’ll look at the stock and see why it has risen marginally in the past month.
In the previous part of this series, we saw that Wall Street analysts expect Valero Energy’s (VLO) EPS to rise marginally in the third quarter. Are weaker refining margins the reason for Valero’s marginal rise in estimated earnings? Let’s take a look.