Marathon Petroleum (MPC) Q4 Earnings, Revenue Beat Estimate February 01, 2017

How Marathon Petroleum’s 4Q16 Earnings Beat Estimates
Marathon Petroleum (MPC) Q4 Earnings, Revenue Beat Estimate February 01, 2017
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03 February, 2017

Harmony Gold Mining Company Limited (NYSE:HMY) [Trend Analysis] retains strong position in active trade, as shares scoring 1.18% to $2.58 in a active trade session, while looking at the shares volume, around 5.71 Million shares have changed hands in this session. This quarter analysts say they expect sales to move at $9.36 billion - higher from $7.79 billion the year before. The stock is now trading at Distance from 20-Day Simple Moving Average of -5.28% while its Distance from 50-Day Simple Moving Average is -5.53 Percent. The stock's 52-week range is $29.24 - $54.59. The stock has increased 15 percent in the last 12 months. This represented an Earnings Surprise of 16.7%.

For full-year 2016, earnings totaled $1.17 billion, compared to $2.85 billion in 2015. 1832 Asset Management L.P. now owns 2,791 shares of the company's stock valued at $106,000 after buying an additional 2,707 shares during the last quarter. (NASDAQ:OCLR) is 1.2. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold.

Today analysts at UBS Securities upgraded Marathon Petroleum's (NYSE:MPC) shares to "Buy" in a report released to investors. The stock sank -4.67% last month and is down -3.24 this year. Burney Co. increased its stake in Marathon Petroleum Corporation by 16.1% in the second quarter. There were about 847.21M shares outstanding which made its market cap $14.06B. The high end target price has shares touching $23 and the low end target estimate has the stock moving to $15 within the year.

Canadian mosque attack: Only one of the arrested is considered a suspect
They didn't say which one remains the suspect in yesterday's attack which killed six people and injured more than a dozen others. In June, a pig's head was left at the entrance of the Centre Culturel Islamique de Quebec during Ramadan.

Marathon Petroleum Corporation (NYSE:MPC) last announced its quarterly earnings results on Wednesday, February 1st. Combining all the ratings on Marathon Oil Corporation (NYSE:MRO), the current mean is sitting at 2.3.

Marathon Petroleum Corporation (MPC) is engaged petroleum product refining marketing retail and transportation businesses. The companys business is organized into three segments - North America Exploration and Production, International Exploration and Production, and Oil Sands Mining. Company shares were Downgraded by UBS on Dec 13, 2016 to Neutral, Raises Price Target to $ 20 from a previous price target of $17.Marathon Oil Corporation was Initiated by Susquehanna to Neutral on Nov 18, 2016. Its Refining & Marketing segment refines crude oil and other feedstocks at its approximately seven refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products.


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