|Bid||52.70 x 1000|
|Ask||0.00 x 800|
|Day's Range||52.25 - 53.35|
|52 Week Range||43.96 - 69.65|
|Beta (5Y Monthly)||1.67|
|PE Ratio (TTM)||11.37|
|Earnings Date||Jan 28, 2020|
|Forward Dividend & Yield||2.12 (3.89%)|
|Ex-Dividend Date||Nov 18, 2019|
|1y Target Est||78.87|
The Zacks Analyst Blog Highlights: ExxonMobil, ConocoPhillips, Valero Energy, Marathon Petroleum and Talos Energy
Marathon Petroleum Corp. (NYSE: MPC) announced today that its annual meeting of shareholders will take place April 29, 2020, at 10 a.m. EDT at the company's headquarters in Findlay, Ohio. Shareholders of record as of March 2, 2020, are entitled to notice of and to vote at the annual meeting.
Marathon Petroleum Corp. said Monday it will raise it quarterly dividend by 9.4%, to 58 cents a share from 53 cents. The stock was still inactive in premarket trading. The new dividend will be payable March 10 to shareholders of record on Feb. 19. Based on Friday's stock closing price of $54.49, the new annual dividend rate implies a dividend yield that rises to 4.26% from 3.89%. In comparison, the SPDR Energy Select Sector ETF's dividend yield as of Friday was 3.96% and the implied yield for the S&P 500 was 1.82%, according to FactSet. Marathon Petroleum's stock has tumbled 19.9% over the past three months, while the energy ETF has lost 4.9% and the S&P 500 has gained 9.0%.
The board of directors of Marathon Petroleum Corp. (NYSE: MPC) has declared a dividend of $0.58 per share on common stock. The dividend is payable March 10, 2020, to shareholders of record as of the close of business February 19, 2020.
Edward Jones’ Jennifer Marcontell recommends energy stocks as long-term plays. She sees inexpensive shares and solid yields, and demand has never really been the problem.
Fears that the coronavirus outbreak in China would have a severe impact on oil demand was enough to offset the impact of U.S. Energy Department's latest inventory release.
MPLX's fourth-quarter 2019 earnings are expected to have been affected by lower gathering throughput volumes from Southwest and Utica operations.
Marathon Petroleum (MPC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Buying the stocks of good companies on bad news is my favorite investing method. The trick is to find bad news that is real but probably temporary Continue reading...
TechnipFMC's (FTI) move to split into two entities is seen as a strategic effort to explore different markets and enrich potential benefits.
Never say never, but it's hard to see stocks follow their amazing 2019 returns for a second straight year.S&P; 500 stocks sent the index a whopping 29% higher in 2020. That's a big deal. Keep in mind that the market's long-term average annual gain comes to about 7.7%, then factor in the tendency for share performance to revert to the mean, and the odds of another boffo year are slim.Indeed, years in which the S&P; 500 rises at least 20% generate an average gain of only 6.6% the following year, according to Bespoke Investment Group.But that doesn't mean investors can't try to replicate 2019's party by seeding their holdings with stocks expected to blow away the broader market. To find stocks primed to outperform, we scoured the S&P; 500 for stocks with expected price gains of at least 20% this year. We supplemented that research by limiting ourselves to stocks that are Buy-rated or better by Wall Street analysts, as well as boast promising fundamentals, attractive valuations and other bullish features.Here, then, are 11 of the best S&P; 500 stocks you can buy for outsize gains in 2020. Based analysts' projected price returns, Wall Street expects these names to rally from 20% to more than 35% this year. SEE ALSO: 20 Top Stock Picks the Analysts Love for 2020
EIA's Weekly Petroleum Status Report revealed that crude inventories rose by 1.2 million barrels, compared to the 3.7 million barrels decrease that energy analysts had expected.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
A separate Speedway — which would be the largest U.S.-listed convenience store operator — will have more latitude to target growth, which may prompt more local hires for the company.
Marathon Petroleum (MPC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
New rules on shipping fuel take effect on Jan. 1, and they are already causing swings in commodity prices and shipping rates that should benefit both shipping companies and refiners.
Zacks.com featured highlights include: Lithia Motors, Marathon Petroleum, Meritage Homes, Jazz Pharmaceuticals and Barclays PLC