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Marathon Petroleum (MPC) Receives a Rating Update from a Top Analyst

Tipranks - Sat Apr 11, 1:45AM CDT

Barclays analyst Theresa Chen maintained a Buy rating on Marathon Petroleum today and set a price target of $230.00.

Easter Sale - 70% Off TipRanks

According to TipRanks, Chen is a top 100 analyst with an average return of 18.6% and a 76.34% success rate. Chen covers the Energy sector, focusing on stocks such as Kinetik, Williams Co, and Oneok.

In addition to Barclays, Marathon Petroleum also received a Buy from TipRanks – PerPlexity’s PerPlexity Oil and Gas Refining and Marketing in a report issued yesterday. However, on the same day, TipRanks – DeepSeek reiterated a Hold rating on Marathon Petroleum (NYSE: MPC).

Based on Marathon Petroleum’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $32.57 billion and a net profit of $1.54 billion. In comparison, last year the company earned a revenue of $33.14 billion and had a net profit of $371 million

Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MPC in relation to earlier this year. Last month, Ricky D. Hessling, the CCO of MPC sold 2,847.00 shares for a total of $644,401.35.

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