Marathon Petroleum Corporation Share Price Target ‘$213.87’, now 22.6% Upside
Marathon Petroleum Corporation which can be found using ticker (MPC) have now 15 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $244.00 and $190.00 with the average share target price sitting at $213.87. (at the time of writing). Given that the stocks previous close was at $174.46 this would indicate that there is a potential upside of 22.6%. Also worth taking note is the 50 day moving average now sits at $188.01 and the 200 moving average now moves to $166.16. The total market capitalization for the company now stands at 59.46B. The stock price is currently at: $168.76 USD
The potential market cap would be $72,890,866,887 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 8.39, revenue per share of $381.60 and a 8.16% 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).
This article was originally published by a www.directorstalkinterviews.com
Read it HERE