Marathon Petroleum (MPC) to Release Quarterly Earnings on Tuesday

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

Marathon Petroleum (NYSE:MPC - Get Free Report) last issued its earnings results on Tuesday, February 4th. The oil and gas company reported $0.77 earnings per share for the quarter, beating analysts' consensus estimates of $0.06 by $0.71. The firm had revenue of $33.47 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the business 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 Down 0.5 %

MPC traded down $0.63 during midday trading on Tuesday, reaching $136.95. 127,169 shares of the company were exchanged, compared to its average volume of 2,900,869. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.76 and a current ratio of 1.23. The company's fifty day moving average price is $138.29 and its 200 day moving average price is $145.93. Marathon Petroleum has a one year low of $115.10 and a one year high of $196.98. The company has a market cap of $42.66 billion, a price-to-earnings ratio of 13.75, a price-to-earnings-growth ratio of 3.11 and a beta of 1.04.

Insiders Place Their Bets

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

Hedge Funds Weigh In On Marathon Petroleum

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

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Tudor Pickering raised Marathon Petroleum from a "strong sell" rating to a "hold" rating in a research note on Tuesday, February 4th. Barclays dropped their price objective on shares of Marathon Petroleum from $161.00 to $141.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Raymond James cut their price objective on shares of Marathon Petroleum from $193.00 to $183.00 and set a "strong-buy" rating for the company in a report on Wednesday, April 9th. Scotiabank lowered their price target on Marathon Petroleum from $169.00 to $147.00 and set a "sector outperform" rating for the company in a report on Friday, April 11th. Finally, Morgan Stanley lowered their price target on shares of Marathon Petroleum from $175.00 to $160.00 and set an "overweight" rating for the company in a report on Thursday, April 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Marathon Petroleum has a consensus rating of "Moderate Buy" and a consensus price target of $174.21.

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.

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