Marathon Petroleum stock forecast: up to 172.25 USD MPC stock price prognosis

STOCK

Forecast for Fri 19 Apr 2024 price 175.42

Marathon Petroleum stock price forecast for further price development up to 20.88% (time horizon: 1 day) and price target of 172.25 USD. Negative news sentiment. Short-term (time horizon: 2 weeks) Marathon Petroleum share price prediction for 2024-04-19 with daily closed price projections

Key Facts

Symbol MPC 

ISIN US56585A1025 

CUSIP 56585A102


Currency USD


Category Petroleum Refining

Forecast price change %


News sentiment (-0.40)


News <--> Close correlation for next day influence (0.05)

Relative Strength Index (RSI)

Finance numbers

Revenue 70,286,000,000.0


Earnings per share -1.25


Dividends 2.32

On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

The Midstream segment primarily reflects the results of MPLX LP ("MPLX"). Our Catlettsburg refinery has earned designation as an OSHA VPP Star site. It is the only petroleum refinery currently operating in Michigan. On February 24, 2021, MPC's board of directors approved these plans. In addition, we sell refined products for export to international customers. Properties and are incorporated herein by reference. In addition, many states where we operate have similar laws. Repeal or replacement of the rule could impact pipeline maintenance activities. The application of these regulations can result in increased compliance expenditures. Mr. Linhardt was appointed Vice President, Tax, effective February 2018. Our business is subject to numerous environmental laws and regulations. We rely on a variety of systems to transport crude oil, including rail. Even if the sale is completed, we may not realize some or all the expected benefits. ITEM 1B. UNRESOLVED STAFF COMMENTSNone.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1510295/000151029521000027/0001510295-21-000027.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 49.06/100
    • Not in ideal financial position.
    • Historical view, profit is not growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is above book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - Baystate Wealth Management LLC 2023-06-30 159
A - BARCLAYS PLC 2023-06-30 1018661
A - OVERSEA-CHINESE BANKING Corp Ltd 2023-03-31 6063
A - OVERSEA-CHINESE BANKING Corp Ltd 2022-12-31 7592
DCM Advisors, LLC 2022-12-31 47518

Fund ownership list is based on filling form information

Fund name Date Amount Profile
DIMENSIONAL INVESTMENT GROUP INC 2023-07-31 120644 Long
DFA INVESTMENT TRUST CO 2023-07-31 1358505 Long
INTEGRITY FUNDS 2023-07-31 7000 Long
Pacer Funds Trust 2023-07-31 2352837 Long
Pacer Funds Trust 2023-07-31 24966 Long

Insider trading for Marathon Petroleum

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1430329 Rucker Kim K.w. 2023-11-01 SALE Accept Accept Accept Accept
1821826 Aydt Timothy J 2023-08-10 SALE Accept Reject Reject Reject
1619644 Hagedorn Carl Kristopher 2023-06-05 SALE Accept Accept Accept Accept
1668134 Gagle Suzanne 2023-04-04 SALE Accept Reject Accept Accept
1948454 Lyon Shawn M 2023-08-10 SALE Accept Accept Accept Accept


Bollinger Bollinger Bands for Marathon Petroleum can provide the information where the market is moving based on price information.


Marathon Petroleum Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns Marathon Petroleum.


On-Balance Volume information for Marathon Petroleum. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for Marathon Petroleum. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for Marathon Petroleum. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for Marathon Petroleum. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for Marathon Petroleum. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for Marathon Petroleum. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for Marathon Petroleum. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.


The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.


The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.


Moving Average Crossover


52W High 52W Low Market Cap

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Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-03-21 172.25 2024-02-24 09:12
2024-04-19 175.42 2024-02-24 09:12
2024-04-08 174.04 2024-02-24 09:12
2024-04-09 174.18 2024-02-24 09:12
2024-03-01 170.20 2024-02-24 09:12
2024-03-14 171.31 2024-02-24 09:12
2024-03-15 171.51 2024-02-24 09:12
2024-03-18 171.85 2024-02-24 09:12
2024-03-19 172.01 2024-02-24 09:12
2024-03-20 172.14 2024-02-24 09:12
2024-03-27 172.84 2024-02-24 09:12
2024-03-11 171.11 2024-02-24 09:12
2024-03-12 171.24 2024-02-24 09:12
2024-03-13 171.40 2024-02-24 09:12
2024-04-03 173.61 2024-02-24 09:12
2024-04-18 175.26 2024-02-24 09:12
2024-03-22 172.37 2024-02-24 09:12
2024-02-27 169.85 2024-02-24 09:12
2024-02-28 169.86 2024-02-24 09:12
2024-04-05 173.89 2024-02-24 09:12
2024-04-10 174.34 2024-02-24 09:12
2024-02-29 170.03 2024-02-24 09:12
2024-03-25 172.43 2024-02-24 09:12
2024-03-26 172.64 2024-02-24 09:12
2024-03-04 170.35 2024-02-24 09:12
2024-03-05 170.85 2024-02-24 09:12
2024-03-06 170.48 2024-02-24 09:12
2024-03-07 170.19 2024-02-24 09:12
2024-03-08 170.44 2024-02-24 09:12
2024-03-28 173.01 2024-02-24 09:12
2024-03-29 173.12 2024-02-24 09:12
2024-04-01 173.24 2024-02-24 09:12
2024-04-02 173.41 2024-02-24 09:12
2024-04-11 174.50 2024-02-24 09:12
2024-04-12 174.66 2024-02-24 09:12
2024-04-15 174.81 2024-02-24 09:12
2024-04-16 174.95 2024-02-24 09:12
2024-04-17 175.10 2024-02-24 09:12
2024-04-04 173.77 2024-02-24 09:12

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.