Marathon Petroleum (MPC) Projected to Post Earnings on Tuesday

Marathon Petroleum (NYSE:MPC - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Tuesday, May 6th. Analysts expect Marathon Petroleum to post earnings of ($0.40) per share and revenue of $28.91 billion for the quarter.

Marathon Petroleum (NYSE:MPC - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The oil and gas company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.06 by $0.71. The business had revenue of $33.47 billion during the quarter, compared to the consensus estimate of $31.94 billion. Marathon Petroleum had a net margin of 2.45% and a return on equity of 12.07%. The company's quarterly revenue was down 9.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.98 earnings per share. On average, analysts expect Marathon Petroleum to post $8 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Marathon Petroleum Stock Up 2.8 %

NYSE:MPC traded up $3.81 during midday trading on Friday, reaching $141.53. The company had a trading volume of 1,944,487 shares, compared to its average volume of 2,692,726. Marathon Petroleum has a 12-month low of $115.10 and a 12-month high of $184.77. The firm has a market capitalization of $44.09 billion, a price-to-earnings ratio of 14.25, a PEG ratio of 3.11 and a beta of 1.04. The company has a current ratio of 1.23, a quick ratio of 0.76 and a debt-to-equity ratio of 0.94. The stock's fifty day simple moving average is $137.08 and its 200-day simple moving average is $145.46.

Marathon Petroleum Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Wednesday, May 21st will be given a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 2.57%. The ex-dividend date of this dividend is Wednesday, May 21st. Marathon Petroleum's dividend payout ratio is presently 36.66%.

Analyst Ratings Changes

Several research analysts have commented on the stock. Tudor Pickering upgraded shares of Marathon Petroleum from a "strong sell" rating to a "hold" rating in a report on Tuesday, February 4th. Wells Fargo & Company dropped their target price on Marathon Petroleum from $185.00 to $175.00 and set an "overweight" rating on the stock in a report on Friday, April 11th. Morgan Stanley decreased their price target on Marathon Petroleum from $175.00 to $160.00 and set an "overweight" rating for the company in a report on Thursday, April 24th. Piper Sandler dropped their price objective on Marathon Petroleum from $160.00 to $156.00 and set a "neutral" rating on the stock in a report on Friday, March 7th. Finally, Barclays lowered their price target on Marathon Petroleum from $161.00 to $141.00 and set an "overweight" rating for the company in a report on Monday, April 14th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $174.21.

Insider Buying and Selling

In related news, Director Evan Bayh purchased 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 5th. The stock was purchased at an average cost of $133.70 per share, with a total value of $133,700.00. Following the completion of the acquisition, the director now directly owns 69,305 shares in the company, valued at $9,266,078.50. This trade represents a 1.46 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Ricky D. Hessling acquired 2,000 shares of the company's stock in a transaction on Tuesday, March 11th. The stock was purchased at an average cost of $134.72 per share, for a total transaction of $269,440.00. Following the completion of the purchase, the insider now directly owns 12,162 shares in the company, valued at $1,638,464.64. This trade represents a 19.68 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.21% of the company's stock.

Institutional Trading of Marathon Petroleum

An institutional investor recently raised its position in Marathon Petroleum stock. Brighton Jones LLC grew its holdings in shares of Marathon Petroleum Co. (NYSE:MPC - Free Report) by 30.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,988 shares of the oil and gas company's stock after purchasing an additional 1,178 shares during the period. Brighton Jones LLC's holdings in Marathon Petroleum were worth $696,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 76.77% of the company's stock.

Marathon Petroleum Company Profile

Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. The company operates through Refining & Marketing, and Midstream segments. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products, including renewable diesel, through transportation, storage, distribution, and marketing services.