Shares of Marathon Petroleum Corporation (MPC) Sees Large Inflow of Net Money Flow

Marathon Petroleum Corporation (MPC) dropped -0.4% or -0.19 points to trade at $47.86 per share. As per the latest trading data available, the net money flow stood at $3.67 million as the shares received $44.74 million in upticks and gave away $41.07 million in downticks. The final up/down ratio was at 1.09. On a weekly basis, the stock has seen a change of -2.49%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 0. $6.15 million was the inflow in upticks and $0 million was the outflow in downticks. For the block trade, the net money flow was $6.15 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Marathon Petroleum Corporation has lost 3.95% in the last five trading days and dropped 5.24% in the last 4 weeks. Marathon Petroleum Corporation is up 9.45% in the last 3-month period. Year-to-Date the stock performance stands at -5.24%. Marathon Petroleum Corporation (NYSE:MPC) witnessed a decline in the market cap on Wednesday as its shares dropped 0.71% or 0.34 points. After the session commenced at $49.68, the stock reached the higher end at $49.97 while it hit a low of $47.1. With the volume soaring to 7,659,253 shares, the last trade was called at $47.71. The company has a 52-week high of $54.59. The company has a market cap of $25,182 million and there are 527,815,189 shares in outstanding. The 52-week low of the share price is $29.24.

Company has reported several Insider transactions to the SEC, on May 31, 2016, Steven A Davis (director) purchased 1,500 shares at 34.70 per share price.On May 3, 2016, Charles E Bunch (director) purchased 2,000 shares at 38.56 per share price.On Dec 14, 2015, Pamela K.m. Beall (officer ) sold 47,342 shares at 52.73 per share price.

Marathon Petroleum Corp Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.11. Analyst had a consensus of $0.32. The company had revenue of $17284.00 million for the quarter, compared to analysts expectations of $16000.00 million. The companys revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Marathon Petroleum Corp was Upgraded by JP Morgan to Overweight on Dec 7, 2016.

Marathon Petroleum Corporation is engaged in refining, transporting, and marketing of petroleum products. Marathon Petroleum Corporation is headquartered in Findlay, Ohio.


Share this post

Leave a Reply