Marathon Petroleum Corporation (MPC) : Investors lapped up stocks on upticks to the tune of $50.83 million in the Mondays trading session. The trading value on downticks was comparatively at $20.83 million and the uptick to downtick ratio of 2.44 indicates continuous buying by the bulls. The net money flow into the stock was $30 million. Upticks saw transactions worth $28.87 clearly indicating buying by large investors. The total money flow for block trades stood at $28.87 million, which is a positive for the stock in the long-term. Marathon Petroleum Corporation (MPC) fell $0.14 during the day at $41.21, a drop of -0.34% over the previous days close. However, for the week, the stock is -1.67%, compared to the previous week.
Marathon Petroleum Corporation has dropped 1.72% in the last five trading days, however, the shares have posted positive gains of 12.75% in the last 4 weeks. Marathon Petroleum Corporation is up 15.66% in the last 3-month period. Year-to-Date the stock performance stands at -18.94%.
Marathon Petroleum Corporation (NYSE:MPC): The stock opened at $41.72 on Monday but the bulls could not build on the opening and the stock topped out at $41.77 for the day. The stock traded down to $40.91 during the day, due to lack of any buying support eventually closed down at $41.21 with a loss of -0.34% for the day. The stock had closed at $41.35 on the previous day. The total traded volume was 4,106,280 shares.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Marathon Petroleum Corp, Davis Steven A, had purchased 1,500 shares in a transaction dated on May 26, 2016. The transaction was executed at $34.7 per share with total amount equaling $52,050.
Marathon Petroleum Corporation (MPC) is engaged petroleum product refining, marketing, retail and transportation businesses. It has three segments: Refining & Marketing, which refines crude oil and other feedstocks at its seven refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products; Speedway, which sells transportation fuels and convenience products in the retail market in the Midwest, East Coast and Southeast, and Pipeline Transportation, which transports crude oil and other feedstocks to its refineries and other locations, delivers refined products to wholesale and retail market areas and includes the aggregated operations of MPLX LP.