Just the Facts on Marathon Petroleum Corporation (MPC)

Marathon Petroleum Corporation (MPC) is an interesting player in the Basic Materials space, with a focus on Oil & Gas Refining & Marketing. The stock has been active on the tape, currently trading at $65.98, down from yesterday’s close by -0.63%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Marathon Petroleum Corporation (MPC) currently trades with a market capitalization of $32.43 Billion. That value represents a market adjusting for revenues that have been growing by 17.78 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $2.18 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $1.06 on a per share basis this quarter. Perhaps, that suggests something about why 0.39% of the outstanding share supply is held by institutional investors.

Technical Analysis

We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, Marathon Petroleum Corporation recorded a 52-week high of $67.07. It is now trading 1.09% off that level. The stock is trading $62.49 its 50-day moving average by -3.49%. The stock carved out a 52-week low down at $46.88.

In recent action, Marathon Petroleum Corporation (MPC) has made a move of +5.35% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 19.03, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.61% with $473.70 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of MPC.

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