Marathon Petroleum Corporation ( MPC ) was a big mover last session, as the company saw its shares rise almost 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $75.79 to $80.90 over the past one-month time frame.
This oil & gas refining & marketing stock has seen one upward and downward estimate revision each in the past seven days. The Zacks Consensus Estimate has also moved down over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Marathon Petroleum carries a Zacks Rank #3 (Hold), while its Earnings ESP
However, some better ranked stocks in the same industry include Eagle Rock Energy Partners, L.P. ( EROC
), Ferrellgas Partners LP ( FGP
) and Sprague Resources LP ( SRLP
). While Eagle Rock Energy Partners and Ferrellgas Partners sport a Zacks Rank #1 (Strong Buy), Sprague Resources carry a Zacks Rank #2 (Buy).
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportMARATHON PETROL (MPC): Free Stock Analysis ReportSPRAGUE RESRCS (SRLP): Free Stock Analysis ReportEAGLE ROCK EGY (EROC): Free Stock Analysis ReportFERRELLGAS -LP (FGP): Free Stock Analysis ReportTo read this article on Zacks.com click here.