Technical Analysis:
Based on the technical analysis, MPC is showing a strong bullish trend with positive momentum. The stock has maintained its upward trajectory, supported by robust fundamentals and positive analyst ratings.
News Impact:
Fundamental Strength:
The company recently priced a $2 billion senior notes offering, indicating strong market confidence and providing additional financial flexibility.
Price Prediction for Next Trading Week (March 4-8, 2025):
Trading Recommendation: BUY
The stock shows strong potential for upward movement based on:
The price of MPC is predicted to go up 3.68%, based on the high correlation periods with GD. The similarity of these two price pattern on the periods is 92.23%.
MPC
GD
High-complexity facilities in the midcontinent and Gulf Coast position Marathon to capitalize on a variety of discount crude streams, endowing it with a feedstock cost advantage.
Closure of lower-quality refineries and investment in the remaining refineries as well as renewable diesel leave Marathon in a better competitive position in the long term.
European natural gas prices are likely to remain structurally higher, underpinning higher midcycle Atlantic Basin refining margins, benefiting US refiners like Marathon.
Piper Sandler
2025-03-07
Price Target
$160 → $156
Upside
+13.41%
Raymond James
2025-01-17
Price Target
$190 → $192
Upside
+25.74%
Wells Fargo
2025-01-10
Price Target
$186 → $182
Upside
+27.93%