Marathon Petroleum Corp. MPC Stock Analysis

Marathon Petroleum Corp. stock trades under the ticker MPC & has shown recent bullishness that traders & investors should take a closer look into.

MPC stock closed at $84.42/share on 7/15/2022.

Marathon Petroleum Corp. MPC Stock’s Technical Performance Broken Down

Marathon Petroleum Corp. MPC Stock's Technical Performance Over The Last Year

MPC Stock Price: $84.42

10 Day Moving Average: $82.56

50 Day Moving Average: $93.91

200 Day Moving Average: $77.18

RSI: 44.04

MACD: -3.687

On Friday, MPC stock completed a bullish MACD crossover, gapping up 4.64% to settle above its 10 day moving average at the close.

While their RSI is on the oversold end of neutral, their recent trading volume has been below average for the year, signaling that recent sentiment around their price movements is not strong.

They will need to break above the $85.18/share resistance level to continue climbing higher, while keeping above their support at $83.60/share.

Marathon Petroleum Corp. MPC Stock As A Long-Term Investment

Long-term oriented investors will like MPC stock’s P/E (ttm) of 19.91, but may find their 1.91 P/B (mrq) to be higher than they’d like.

They recently reported 67.9% Quarterly Revenue Growth Y-o-Y.

Their balance sheet will require a more thorough examination, with $10.6B of Total Cash (mrq) & $28.03B of Total Debt (mrq).

MPC stock pays a 2%.88 dividend yield, which looks to be sustainable in the long-run, although their payout ratio is high at 54.72%.

79.6% of MPC stock’s outstanding share float is owned by institutional investors.

Marathon Petroleum Corp. MPC Stock As A Short-Term Trade Using Options

Short-term oriented traders can use options to hedge against market volatility, while also profiting from price movements in MPC stock.

I am looking at the contracts with the 8/5 expiration date.

The $83, $84 & $80 calls are all in-the-money, listed from most to least liquid.

The $87, $85, $86 & $88 are also in-the-money, listed in order of most to least open interest.

As MPC has weekly expiration dates, there may be more contracts written as other expiration dates pass.

Tying It All Together

MPC stock has many interesting characteristics that traders & investors should find appealing.

Investors will like their dividend yield, as well as their recent reported growth.

Traders will like their current momentum, as well as their weekly options expirations.

All-in-all, it is worth taking a closer look into MPC stock to see how it fits into your portfolio strategy.

*** I DO NOT OWN SHARES OF MPC STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***