Following the transaction, the chairman now owns 176,718 shares of the company's stock, valued at $9,157,526.76. Verde Servicos Internacionais S.A.'s holdings in Anadarko Petroleum Corporation were worth $1,100,000 as of its most recent SEC filing. Guardian Life Insurance Co. of America raised its position in shares of Marathon Petroleum Corporation by 0.7% in the first quarter. Iridian Asset Management LLC CT now owns 7,707,619 shares of the oil and gas company's stock worth $389,543,000 after buying an additional 5,216,764 shares during the period. North Star Investment Management Corp. acquired a new stake in shares of Magellan Petroleum Corporation during the first quarter valued at approximately $3,047,000. The institutional investor held 260,900 shares of the oil & gas production company at the end of 2016Q4, valued at $18.19 million, up from 22,500 at the end of the previous reported quarter. Lee Financial Co raised its position in shares of Marathon Petroleum Corporation by 2.4% in the second quarter. Boston Partners now owns 14,798,820 shares of the oil and gas company's stock worth $747,933,000 after buying an additional 267,469 shares during the last quarter. The Diker Management Llc holds 241,615 shares with $3.46M value, up from 199,715 last quarter. Jacobi Capital Management LLC now owns 2,340 shares of the oil and gas company's stock worth $116,000 after buying an additional 570 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its position in shares of Marathon Petroleum Corporation by 201.9% in the first quarter. JPMorgan Chase & Co. now owns 12,999,493 shares of the oil and gas development company's stock valued at $805,967,000 after buying an additional 4,182,975 shares during the last quarter. Hedge funds and other institutional investors own 79.66% of the company's stock.
Anadarko Petroleum Corporation (NYSE APC) opened at 43.77 on Friday.
Shares of the company are trading at $55.99 which is marginally over $53.87, the 50 day moving average and just above the 200 day moving average of $51.38. Magellan Petroleum Corporation has a 52 week low of $1.70 and a 52 week high of $21.74. The firm has a market capitalization of $28.23 billion, a price-to-earnings ratio of 32.12 and a beta of 1.56. The oil and gas company reported $1.03 earnings per share for the quarter, missing analysts' consensus estimates of $1.04 by $0.01. The firm had revenue of $2.72 billion for the quarter, compared to analyst estimates of $2.50 billion. Marathon Oil Corporation had a negative net margin of 140.22% and a negative return on equity of 2.69%. Marathon Petroleum Corporation's revenue for the quarter was up 9.3% compared to the same quarter a year ago. During the same period in the prior year, the company posted $1.07 EPS. Equities analysts anticipate that Marathon Petroleum Corporation will post $2.73 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 27th. The dividend was $0.050 per share for the quarter or $0.20 on an annualized basis. The stock rose 2.33% or $1.02 reaching $44.8 per share. The ex-dividend date is Tuesday, September 12th. Factory Mutual has invested 0.59% in Anadarko Petroleum Corporation (NYSE:APC). Brown Advisory Lc invested 0.17% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC).
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12 killed in Lone wolf attack at Catholic church in Nigeria
According to some witnesses, the gunmen, who were masked and heavily armed had gone up to a man in particular and shot him. The command assures ndi Anambra that the police is on top of the situation and will fish out the perpetrators soon.
Several analysts have commented on the stock. Argus Research maintained it with "Buy" rating and $90 target in Wednesday, November 25 report. They now have a Dollars 60 price target on the stock. They noted that the move was a valuation call. Cowen and Company upped their target price on Marathon Petroleum Corporation from $55.00 to $60.00 and gave the stock an "outperform" rating in a research report on Thursday, July 27th. Jefferies Group LLC restated a "buy" rating and issued a $54.83 price objective (down from $65.00) on shares of Marathon Petroleum Corporation in a report on Thursday, July 20th. Finally, BidaskClub raised shares of Anadarko Petroleum Corporation from a "strong sell" rating to a "sell" rating in a research report on Tuesday, July 4th. Three research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. They now have a Dollars 58 price target on the stock.
In related news, insider Thomas M. Kelley sold 25,000 shares of the stock in a transaction on Wednesday, June 14th. Following the completion of the transaction, the chairman now owns 176,718 shares of the company's stock, valued at approximately $9,157,526.76.
The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink.
In other Marathon Petroleum Corporation news, VP C. Michael Palmer sold 4,000 shares of the company's stock in a transaction on Wednesday, May 24th. On Monday, February 20 Wolf Jacquelyn H sold $1.39 million worth of LyondellBasell Industries NV (NYSE:LYB) or 14,769 shares. About 3.17 million shares traded. The disclosure for this purchase can be found here. Insiders have sold 33,568 shares of company stock valued at $1,808,969 over the last quarter. Corporate insiders own 0.45% of the company's stock. Bamco New York reported 0.01% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC). The Company is engaged in developing, acquiring, and exploring for oil and natural-gas resources. The Company operates through three segments: North America E&P, global E&P and Oil Sands Mining. Its Speedway segment sells transportation fuels and convenience products in the retail market in the Midwest, East Coast and Southeast regions of the United States.
Pujara, who top-scored with 133, and Rahane, who made 132, put together a 217-run stand after the tourists elected to bat first. Ashwin was the pick of the bowlers with five wickets, while Jadeja and Mohammed Shami snapped up two wickets apiece.
Beijing is also furious about the deployment of a US-funded missile defence system in South Korea and wants it to be scrapped. Its foreign minister said she was willing to talk to her counterpart from Pyongyang, if the chance "naturally occurs".
North Korea sends workers to the United Arab Emirates, Qatar, Oman, Kuwait, Russia , China, and a slew of African countries. During the ARF, Bolivar said, the ASEAN expected to have a "face to face" dialogue with North Korea.
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In the metro area, Sunday's temperature is expected to top out at 76 degrees, and the mercury will drop to 68 degrees on Monday . Winds are expected to pick up midday, with south winds from 10 to 15 miles per hour with gusts as high as 20 miles per hour .
The decision came after Israeli Prime Minister Benjamin Netanyahu slammed Al Jazeera and demanded to black out the network. The Qatar-based network has yet to officially respond to the statement by Israel's communications ministry.
She completed her '50s ensemble with a top-knot, red scarf, chunky white pearls and black and white saddle oxfords. Ciara posted a video of herself, the mum-to-be and Venus, feigning fake shock over her large baby bump .
Who else did it like that? He hurt Marriaga noticeably in the fifth and sixth rounds, and Marriaga finally couldn't keep his feet. With 34 seconds left in the third Lomachenko landed a straight left hand that sent Marriaga sailing backwards across the ring.
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'Terrorists' attack Venezuela military base: Maduro ally
One of those - Leopoldo Lopez - was returned to house arrest on Saturday - after being detained in military prison for four days. Also Saturday, the South American trade bloc Mercosur moved to suspend Venezuela for failing to follow democratic norms.
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Who is Rajiv Kumar?
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