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Marathon Petroleum targets $3.5B annual cash distributions from MPLX through 2026 as market tightness persists

Maryann Mannen, President and CEO, announced that Executive Chairman Mike Hennigan will step down at year-end, thanking him for his leadership. Mannen reported strong cash generation of $2.4 billion ...
Nasdaq

Marathon Petroleum price target lowered to $174 from $175 at Mizuho

Mizuho analyst Nitin Kumar lowered the firm’s price target on Marathon Petroleum (MPC) to $174 from $175 and keeps a Neutral rating on the shares. The firm adjusted ratings and targets in the oil and ...
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Marathon Petroleum Beats Energy Sector, Price Target Raised by Wolfe Research

Marathon Petroleum Corporation (NYSE:MPC) is one of the 10 most undervalued oil stocks to buy according to analysts. On June 11, Wolfe Research maintained its Outperform rating on Marathon Petroleum ...
Nasdaq

Marathon Petroleum (MPC) Price Target Increased by 7.59% to 157.81

The average one-year price target for Marathon Petroleum (NYSE:MPC) has been revised to 157.81 / share. This is an increase of 7.59% from the prior estimate of 146.68 dated August 1, 2023. The price ...