NOV Declined in Line with Industry Trend
| MPC Stock | USD 142.33 0.67 0.47% |
About 55% of Marathon Petroleum's investor base is interested to short. The current sentiment regarding investing in Marathon Petroleum Corp stock implies that many traders are impartial. The current market sentiment, together with Marathon Petroleum's historical and current headlines, can help investors time the market. In addition, many technical investors use Marathon Petroleum Corp stock news signals to limit their universe of possible portfolio assets.
Marathon |
Polaris Capital Management, an investment management company, released its third quarter 2024 investor letter. A copy of the same can be downloaded here. Global markets were in solidly positive territory for the third straight quarter of 2024 despite geopolitical volatility. Polaris Global Equity Composite returned 6.86 percent in the quarter, compared to 6.46 percent
Read at finance.yahoo.com
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Marathon Petroleum Fundamental Analysis
We analyze Marathon Petroleum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Marathon Petroleum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Marathon Petroleum based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Liabilities
Current Liabilities Comparative Analysis
Marathon Petroleum is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Marathon Petroleum Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Marathon Petroleum stock to make a market-neutral strategy. Peer analysis of Marathon Petroleum could also be used in its relative valuation, which is a method of valuing Marathon Petroleum by comparing valuation metrics with similar companies.
Peers
Marathon Petroleum Related Equities
| CVI | CVR Energy | 2.03 | ||||
| SUN | Sunoco LP | 1.35 | ||||
| DINO | HF Sinclair | 1.19 | ||||
| VLO | Valero Energy | 0.97 | ||||
| PSX | Phillips | 0.92 | ||||
| DKL | Delek Logistics | 0.71 | ||||
| PBF | PBF Energy | 0.67 | ||||
| DK | Delek Energy | 0.27 |
Complementary Tools for Marathon Stock analysis
When running Marathon Petroleum's price analysis, check to measure Marathon Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Marathon Petroleum is operating at the current time. Most of Marathon Petroleum's value examination focuses on studying past and present price action to predict the probability of Marathon Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marathon Petroleum's price. Additionally, you may evaluate how the addition of Marathon Petroleum to your portfolios can decrease your overall portfolio volatility.
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