NYSE:MPC - Marathon Petroleum Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$61.30 -1.49 (-2.37 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$61.30
Today's Range$60.63 - $62.4967
52-Week Range$54.29 - $88.45
Volume4.66 million shs
Average Volume6.42 million shs
Market Capitalization$41.29 billion
P/E Ratio9.04
Dividend Yield3.46%
Beta1.38
Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. It refines crude oil and other feed stocks at its six refineries in the Gulf Coast and Midwest regions of the United States; and purchases refined products and ethanol for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. It also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; gathers, processes, and transports natural gas; gathers, transports, fractionates, stores, and markets natural gas liquids (NGLs); and transports and stores crude oil and refined products. It markets its refined products to resellers, consumers, independent retailers, wholesale customers, its Marathon brand jobbers and Speedway brand convenience stores, airlines, transportation companies, and utilities. It also exports its refined products. As of December 31, 2017, it owned and operated 18 asphalt terminals and 61 light products terminals; 2,744 convenience stores in 21 states; 289 transport trucks and 296 trailers; 1,999 leased and 19 owned railcars; and owned/leased and operated 1,613 miles of common carrier crude oil and 2,360 miles of common carrier products pipelines, as well as had 5,617 retail outlets in 20 states and the District of Columbia, and interests in 2,194 miles of crude oil and 1,917 miles of products pipelines. It also owns and operates 228 miles of private products pipelines; has ownership interests in 739 miles of common carrier crude oil pipeline and 1,741 miles of products pipelines; and distributes refined products through approximately 130 light products and 2 asphalt third-party terminals. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.

Receive MPC News and Ratings via Email

Sign-up to receive the latest news and ratings for MPC and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Petroleum refining
Sub-IndustryOil & Gas Refining & Marketing
SectorOils/Energy
CUSIP56585A10
Phone419-422-2121

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$97.10 billion
Cash Flow$8.8712 per share
Book Value$63.76 per share

Profitability

Net Income$2.78 billion

Miscellaneous

Employees60,350
Market Cap$41.29 billion
Next Earnings Date4/29/2019 (Estimated)
OptionableOptionable

Marathon Petroleum (NYSE:MPC) Frequently Asked Questions

What is Marathon Petroleum's stock symbol?

Marathon Petroleum trades on the New York Stock Exchange (NYSE) under the ticker symbol "MPC."

How often does Marathon Petroleum pay dividends? What is the dividend yield for Marathon Petroleum?

Marathon Petroleum announced a quarterly dividend on Monday, January 28th. Investors of record on Wednesday, February 20th will be given a dividend of $0.53 per share on Monday, March 11th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 3.46%. The ex-dividend date of this dividend is Tuesday, February 19th. This is a boost from Marathon Petroleum's previous quarterly dividend of $0.46. View Marathon Petroleum's Dividend History.

How were Marathon Petroleum's earnings last quarter?

Marathon Petroleum Corp (NYSE:MPC) posted its quarterly earnings data on Thursday, February, 7th. The oil and gas company reported $2.41 earnings per share for the quarter, topping analysts' consensus estimates of $1.98 by $0.43. The oil and gas company had revenue of $32.54 billion for the quarter, compared to analysts' expectations of $34.16 billion. Marathon Petroleum had a return on equity of 14.14% and a net margin of 2.86%. Marathon Petroleum's quarterly revenue was up 53.2% compared to the same quarter last year. During the same period last year, the business posted $1.05 earnings per share. View Marathon Petroleum's Earnings History.

When is Marathon Petroleum's next earnings date?

Marathon Petroleum is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for Marathon Petroleum.

What price target have analysts set for MPC?

15 brokers have issued 1-year target prices for Marathon Petroleum's shares. Their predictions range from $67.18 to $125.00. On average, they anticipate Marathon Petroleum's stock price to reach $92.7436 in the next year. This suggests a possible upside of 51.3% from the stock's current price. View Analyst Price Targets for Marathon Petroleum.

What is the consensus analysts' recommendation for Marathon Petroleum?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Petroleum in the last year. There are currently 1 hold rating, 13 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Marathon Petroleum.

Has Marathon Petroleum been receiving favorable news coverage?

News headlines about MPC stock have trended neutral recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Marathon Petroleum earned a news impact score of 0.2 on InfoTrie's scale. They also gave news coverage about the oil and gas company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the company's share price in the next few days.

Who are some of Marathon Petroleum's key competitors?

What other stocks do shareholders of Marathon Petroleum own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Marathon Petroleum investors own include Valero Energy (VLO), General Electric (GE), Micron Technology (MU), Intel (INTC), Alibaba Group (BABA), AT&T (T), Bank of America (BAC), Marathon Oil (MRO), Chevron (CVX) and NVIDIA (NVDA).

Who are Marathon Petroleum's key executives?

Marathon Petroleum's management team includes the folowing people:
  • Mr. Gary R. Heminger, Chairman & CEO (Age 66)
  • Mr. Donald C. Templin, Pres & Pres of Refining, Marketing and Supply (Age 56)
  • Mr. Timothy T. Griffith, Sr. VP & CFO (Age 50)
  • Mr. Anthony R. Kenney, Pres of Speedway LLC (Age 66)
  • Mr. Gregory J. Goff, Exec. Vice Chairman (Age 62)

Who are Marathon Petroleum's major shareholders?

Marathon Petroleum's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.90%), Oregon Public Employees Retirement Fund (2.03%), Bank of New York Mellon Corp (1.80%), Boston Partners (1.76%), Dimensional Fund Advisors LP (1.46%) and Geode Capital Management LLC (1.26%). Company insiders that own Marathon Petroleum stock include Anthony R Kenney, C Michael Palmer, Charles E Bunch, Gary R Heminger, Raymond L Brooks, Rodney P Nichols, Steven A Davis and Thomas M Kelley. View Institutional Ownership Trends for Marathon Petroleum.

Which institutional investors are selling Marathon Petroleum stock?

MPC stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Castle Hook Partners LP, Brandywine Global Investment Management LLC, American Century Companies Inc., AMF Pensionsforsakring AB, Mackenzie Financial Corp, First Trust Advisors LP and First Quadrant L P CA. Company insiders that have sold Marathon Petroleum company stock in the last year include Gary R Heminger and Thomas M Kelley. View Insider Buying and Selling for Marathon Petroleum.

Which institutional investors are buying Marathon Petroleum stock?

MPC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Oregon Public Employees Retirement Fund, Norges Bank, Boston Partners, Dimensional Fund Advisors LP, Bank of New York Mellon Corp, FMR LLC and Westfield Capital Management Co. LP. Company insiders that have bought Marathon Petroleum stock in the last two years include Charles E Bunch and Steven A Davis. View Insider Buying and Selling for Marathon Petroleum.

How do I buy shares of Marathon Petroleum?

Shares of MPC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Marathon Petroleum's stock price today?

One share of MPC stock can currently be purchased for approximately $61.30.

How big of a company is Marathon Petroleum?

Marathon Petroleum has a market capitalization of $41.29 billion and generates $97.10 billion in revenue each year. The oil and gas company earns $2.78 billion in net income (profit) each year or $6.78 on an earnings per share basis. Marathon Petroleum employs 60,350 workers across the globe.

What is Marathon Petroleum's official website?

The official website for Marathon Petroleum is http://www.marathonpetroleum.com.

How can I contact Marathon Petroleum?

Marathon Petroleum's mailing address is 539 SOUTH MAIN STREET, FINDLAY OH, 45840. The oil and gas company can be reached via phone at 419-422-2121 or via email at [email protected]


MarketBeat Community Rating for Marathon Petroleum (NYSE MPC)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  764 (Vote Outperform)
Underperform Votes:  492 (Vote Underperform)
Total Votes:  1,256
MarketBeat's community ratings are surveys of what our community members think about Marathon Petroleum and other stocks. Vote "Outperform" if you believe MPC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MPC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/24/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel