Marathon Petroleum Reaches Analyst Target Price

In recent trading, shares of Marathon Petroleum Corp. (Symbol: MPC) have crossed above the average analyst 12-month target price of $54.36, changing hands for $55.44/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade Source: Industry Insights

Notable Tuesday Option Activity: MPC, CRM, AGNC

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Marathon Petroleum Corp. (Symbol: MPC), where a total of 23,953 contracts have traded so far, representing approximately 2.4 million underlying shares. That amounts to Source: Industry Insights

XLE, EOG, SLB, MPC: ETF Outflow Alert

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Energy Select Sector SPDR— Fund (Symbol: XLE) where we have detected an approximate $62.2 million dollar outflow — that’s a 0.3% decrease Source: Industry Insights

Did You Miss Marathon Petroleum's (NYSE:MPC) Impressive 101% Share Price Gain?

Unfortunately, investing is risky – companies can and do go bankrupt. On the other hand, if you find a high quality business to buy (at the right price) you can more than double your money! For example, the Marathon Petroleum Corporation (NYSE:MPC) share price has soared 101% Source: Industry Insights

US STOCKS-Nasdaq set to open lower ahead of big tech earnings

The Nasdaq index looked set to open lower on Monday as big technology stocks retreated ahead of first-quarter results later this week, while investors awaited clarity on a new tax plan from President Joe Biden. Source: Industry Insights

EXCLUSIVE-Worker group alleges unsafe practices at Marathon Minnesota refinery

Inadequate safety standards at Marathon Petroleum’s St. Paul Park refinery in Minnesota have caused avoidable hydrocarbon and chemical releases that pose a threat to the community, a local worker advocacy group said in a report on Sunday, as a lockout of unionized plant workers extends into its third month. Source: Industry Insights

US STOCKS-Futures firm after tax hike proposal, business activity data eyed

U.S. stock index futures edged higher on Friday as investors awaited business activity data to gauge the pace of economic recovery, a day after reports that President Joe Biden planned to almost double the capital gains tax spooked markets. Source: Industry Insights