A whale with a lot of money to spend has taken a noticeably bullish stance on Marathon Petroleum.
Looking at options history for Marathon Petroleum (NYSE:MPC) we detected 18 strange trades.
Marathon Petroleum (NYSE:MPC) reported quarterly earnings of $10.61 per share which beat the analyst consensus estimate of $7.71 by 37.61 percent. This is a 1483.58 percent increase over earnings of $0.67 per share from
Over the past 3 months, 12 analysts have published their opinion on Marathon Petroleum (NYSE:MPC) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
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Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Marathon Petroleum's (NYSE:MPC) short percent of float has fallen 4.87% since its last report. The company recently reported that it has 15.80 million shares sold short, which is 2.93% of all regular shares that are available for trading.
Marathon Petroleum (NYSE:MPC) has outperformed the market over the past 10 years by 2.97% on an annualized basis producing an average annual return of 13.79%. Currently, Marathon Petroleum has a market capitalization of $44.79 billion.
U.K.-based, West Africa-focused Tullow Oil Plc (OTCMKTS: TUWOY) kept its annual production guidance untouched after what the company called a robust first-half performance that met its expectations.