Marathon Petroleum Corporation Share Price Target ‘$196.00’, now 11.5% Upside Potential

Broker Ratings
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Marathon Petroleum Corporation which can be found using ticker (MPC) now have 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $231.00 and $168.00 calculating the mean target share price we have $196.00. (at the time of writing). Given that the stocks previous close was at $175.75 this indicates there is a potential upside of 11.5%. The 50 day moving average now sits at $171.10 and the 200 moving average now moves to $170.62. The total market capitalization for the company now stands at 59.93B. The stock price is currently at: $179.05 USD

The potential market cap would be $66,829,779,550 based on the market consensus.

The company has a dividend yield of 2.19%. Other points of data to note are a P/E ratio of 9.39, revenue per share of $402.63 and a 7.51% return on assets.

Marathon Petroleum Corporation is a downstream energy company. The Company is engaged in the petroleum product refining, marketing, retail and midstream business in the United States. The Company operates through two segments: Refining & Marketing and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks, including renewable feedstocks, at the Company’s refineries in the Gulf Coast, Mid-Continent and West Coast regions of the United States. The Company sells refined products to wholesale marketing customers domestically and internationally, under Marathon brands. The Midstream segment transports, stores, distributes and markets crude oil and refined products principally for the Refining & Marketing segment through refining logistics assets, pipelines, terminals, towboats and barges, gathers, processes and transports natural gas, and gathers, transports, fractionates, stores and markets natural gas liquids (NGLs).

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