Cowen & Co. Maintains a Buy Rating on Marathon Petro (MPC) and $55.0000 Target, Willbros Group (WG) Has 1.5 Sentiment

July 17, 2017 - By Dolores Ford

Among 17 analysts covering Marathon Petroleum Corp (NYSE:MPC), 14 have Buy rating, 0 Sell and 3 Hold. Therefore 82% are positive. Marathon Petroleum Corp has $75 highest and $38 lowest target. $58.56’s average target is 8.83% above currents $53.81 stock price. Marathon Petroleum Corp had 48 analyst reports since August 10, 2015 according to SRatingsIntel. UBS upgraded the shares of MPC in report on Thursday, February 2 to “Buy” rating. On Thursday, June 1 the stock rating was maintained by RBC Capital Markets with “Buy”. Cowen & Co maintained the stock with “Buy” rating in Thursday, July 13 report. The firm has “Outperform” rating by Wells Fargo given on Wednesday, October 7. Bank of America upgraded the shares of MPC in report on Tuesday, January 5 to “Neutral” rating. The firm has “Buy” rating by Piper Jaffray given on Thursday, July 13. On Tuesday, January 12 the stock rating was maintained by Barclays Capital with “Overweight”. The firm earned “Strong Buy” rating on Monday, October 31 by Raymond James. Deutsche Bank maintained Marathon Petroleum Corp (NYSE:MPC) on Friday, December 4 with “Buy” rating. As per Wednesday, July 5, the company rating was maintained by RBC Capital Markets.

Willbros Group, Inc. is a specialty energy infrastructure contractor serving the gas and oil and power industries with offerings that primarily include construction, maintenance and facilities development services. The company has market cap of $133.75 million. The Firm operates through three divisions: Oil & Gas, Utility T&D and Canada. It currently has negative earnings. The Firm provides services through operating subsidiaries.

Analysts await Marathon Petroleum Corp (NYSE:MPC) to report earnings on July, 27 before the open. They expect $1.15 earnings per share, up 7.48% or $0.08 from last year’s $1.07 per share. MPC’s profit will be $596.26M for 11.70 P/E if the $1.15 EPS becomes a reality. After $0.06 actual earnings per share reported by Marathon Petroleum Corp for the previous quarter, Wall Street now forecasts 1,816.67% EPS growth.

Marathon Petroleum Corporation is engaged in refining, marketing, retail and transportation businesses in the United States and the largest east of the Mississippi. The company has market cap of $27.90 billion. The Firm operates through three divisions: Refining & Marketing; Speedway; and Midstream. It has a 23.75 P/E ratio. The Refining & Marketing segment refines crude oil and other feedstocks at the Company’s seven refineries in the Gulf Coast and Midwest regions of the United States.

Since February 9, 2017, it had 1 insider purchase, and 5 insider sales for $4.03 million activity. 17,136 shares were sold by Swearingen John S, worth $865,025. 4,568 shares were sold by Palmer C. Michael, worth $237,696. Kelley Thomas M. sold $1.36 million worth of Marathon Petroleum Corp (NYSE:MPC) on Wednesday, June 14. BUNCH CHARLES E had bought 2,000 shares worth $99,880.

The stock decreased 0.06% or $0.03 on July 14, reaching $53.81. About shares traded. Marathon Petroleum Corp (NYSE:MPC) has risen 46.20% since July 17, 2016 and is uptrending. It has outperformed by 29.50% the S&P500.

Investors sentiment increased to 1.09 in Q4 2016. Its up 0.01, from 1.08 in 2016Q3. It is positive, as 66 investors sold Marathon Petroleum Corp shares while 252 reduced holdings. 116 funds opened positions while 231 raised stakes. 395.20 million shares or 1.87% less from 402.74 million shares in 2016Q3 were reported. Blackrock Incorporated holds 0.14% or 1.95 million shares. 87,055 are held by Voloridge Invest Mngmt Limited Company. 36,283 are owned by Regions Fincl. Ls Advsrs Ltd Liability Company stated it has 0.06% in Marathon Petroleum Corp (NYSE:MPC). Indexiq Ltd Com holds 0.01% or 2,948 shares in its portfolio. Klingenstein Fields And Communications Ltd Com stated it has 0.01% in Marathon Petroleum Corp (NYSE:MPC). Ariel Capital Ltd has invested 0.16% of its portfolio in Marathon Petroleum Corp (NYSE:MPC). Wilbanks Smith Thomas Asset Mgmt Lc, Virginia-based fund reported 4,161 shares. First Quadrant Limited Partnership Ca has 0.15% invested in Marathon Petroleum Corp (NYSE:MPC) for 141,202 shares. Cornercap Investment Counsel Incorporated has 0.55% invested in Marathon Petroleum Corp (NYSE:MPC). Thrivent Finance For Lutherans holds 18,748 shares. Manufacturers Life Company The holds 558,739 shares or 0.04% of its portfolio. Loring Wolcott And Coolidge Fiduciary Advsrs Ltd Liability Partnership Ma holds 300 shares. Moreover, Commonwealth Equity Serv has 0.02% invested in Marathon Petroleum Corp (NYSE:MPC). Stillwater Inv Limited reported 32,602 shares.

Gendell Jeffrey L holds 1.34% of its portfolio in Willbros Group Inc for 3.56 million shares. Schneider Capital Management Corp owns 2.36 million shares or 1.31% of their US portfolio. Moreover, Heartland Advisors Inc has 0.77% invested in the company for 4.32 million shares. The New York-based Kohlberg Kravis Roberts & Co. L.P. has invested 0.52% in the stock. Netols Asset Management Inc., a Wisconsin-based fund reported 732,780 shares.

Analysts await Willbros Group Inc (NYSE:WG) to report earnings on August, 4. They expect $-0.04 earnings per share, up 55.56% or $0.05 from last year’s $-0.09 per share. After $-0.29 actual earnings per share reported by Willbros Group Inc for the previous quarter, Wall Street now forecasts -86.21% EPS growth.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: