Barclays boosted their price objective on Marathon Petroleum from $152.00 to $155.00 in a report on Thursday, October 5th.

Source: https://www.etfdailynews.com/2023/11/30/boulder-hill-capital-management-lp-takes-385000-position-in-marathon-petroleum-co-nysempc/

Based on data from MarketBeat, Marathon Petroleum has a consensus rating of “Moderate Buy” and a consensus target price of $127.

Source: https://www.americanbankingnews.com/2023/01/30/advisors-preferred-llc-takes-125000-position-in-marathon-petroleum-co-nysempc.html

But the parent company, Marathon Petroleum (), could decide to buy out MPLX.

Source: https://seekingalpha.com/article/4657161-my-2023-christmas-wish-list-2022-wish-list-results?source=feed_all_articles

Finally, Jefferies Financial Group raised shares of Marathon Petroleum from a “hold” rating to a “buy” rating and raised their price objective for the stock from $134.00 to $157.00 in a report on Friday, March 3rd.

Source: https://www.etfdailynews.com/2023/03/21/2405-shares-in-marathon-petroleum-co-nysempc-acquired-by-foundations-investment-advisors-llc/

Finally, Morgan Stanley increased their target price on Marathon Petroleum from $150.00 to $160.00 and gave the company an “overweight” rating in a research note on Tuesday, October 17th.

Source: https://www.etfdailynews.com/2023/11/04/desjardins-global-asset-management-inc-has-1-39-million-holdings-in-marathon-petroleum-co-nysempc/

For the fourth quarter last year, ExxonMobil, Marathon Petroleum and Phillips 66 showed $18.2 billion in profits, bringing their 2022 profits to more than $82.5 billion – “a 148% increase in profit margins” over 2021, as reported by Common Dreams.

Source: https://okobserver.org/big-business-bullies-brag-about-price-gouging/

Global Assets Advisory LLC raised its position in shares of Marathon Petroleum by 3.4% in the 4th quarter.

Source: https://www.etfdailynews.com/2023/06/14/bluefin-capital-management-llc-buys-new-position-in-marathon-petroleum-co-nysempc/

Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 2.9 million barrels per day.

Source: https://www.benzinga.com/markets/options/23/11/35711278/marathon-petroleums-options-frenzy-what-you-need-to-know

Morgan Stanley raised their price objective on Marathon Petroleum from $125.00 to $140.00 and gave the stock an “overweight” rating in a research report on Friday, January 20th.

Source: https://www.etfdailynews.com/2023/03/19/iht-wealth-management-llc-acquires-2734-shares-of-marathon-petroleum-co-nysempc/

Royal Bank of Canada increased their target price on Marathon Petroleum from $148.00 to $152.00 and gave the company an “outperform” rating in a report on Wednesday, August 2nd.

Source: https://www.dailypolitical.com/2023/10/15/b-riley-wealth-advisors-inc-trims-stake-in-marathon-petroleum-co-nysempc.html

Summit Trail Advisors LLC Purchases 574 Shares of Marathon Petroleum Co.

Source: https://www.americanbankingnews.com/2023/08/02/aercap-nyseaer-releases-earnings-results-beats-estimates-by-0-44-eps.html