Marathon Petroleum Corporation Company Profile (NYSE:MPC)

About Marathon Petroleum Corporation (NYSE:MPC)

Marathon Petroleum Corporation logoMarathon Petroleum Corporation is engaged in refining, marketing, retail and transportation businesses in the United States and the largest east of the Mississippi. The Company operates through three segments: Refining & Marketing; Speedway; and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at the Company's seven refineries in the Gulf Coast and Midwest regions of the United States. 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. The Company's Midstream is engaged in the operations of MPLX LP and certain other related operations. It gathers, processes and transports natural gas, natural gas liquids (NGLs), crude oil and refined products. MPLX is a limited partnership which owns, operates, develops and acquires midstream energy infrastructure assets.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Refining and Marketing - NEC
  • Sub-Industry: Oil & Gas Refining & Marketing
  • Symbol: NYSE:MPC
  • CUSIP: 56585A10
  • Web:
  • Market Cap: $25.03 billion
  • Outstanding Shares: 506,254,000
Average Prices:
  • 50 Day Moving Avg: $54.03
  • 200 Day Moving Avg: $51.70
  • 52 Week Range: $39.29 - $56.81
  • Trailing P/E Ratio: 29.88
  • Foreward P/E Ratio: 14.01
  • P/E Growth: 1.22
Sales & Book Value:
  • Annual Revenue: $60.96 billion
  • Price / Sales: 0.41
  • Book Value: $24.97 per share
  • Price / Book: 1.98
  • Annual Dividend: $1.60
  • Dividend Yield: 2.9%
  • EBIDTA: $4.41 billion
  • Net Margins: 1.34%
  • Return on Equity: 5.52%
  • Return on Assets: 2.45%
  • Debt-to-Equity Ratio: 0.64%
  • Current Ratio: 1.55%
  • Quick Ratio: 0.72%
  • Average Volume: 3.87 million shs.
  • Beta: 1.56

Frequently Asked Questions for Marathon Petroleum Corporation (NYSE:MPC)

What is Marathon Petroleum Corporation's stock symbol?

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

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

Marathon Petroleum Corporation announced a quarterly dividend on Thursday, July 27th. Shareholders of record on Wednesday, August 16th will be paid a dividend of $0.40 per share on Monday, September 11th. This represents a $1.60 annualized dividend and a dividend yield of 3.24%. The ex-dividend date of this dividend is Monday, August 14th. This is an increase from Marathon Petroleum Corporation's previous quarterly dividend of $0.36. View Marathon Petroleum Corporation's Dividend History.

How were Marathon Petroleum Corporation's earnings last quarter?

Marathon Petroleum Corporation (NYSE:MPC) issued its earnings results on Thursday, July, 27th. The company reported $1.03 EPS for the quarter, missing the Zacks' consensus estimate of $1.04 by $0.01. The company earned $18.35 billion during the quarter, compared to analysts' expectations of $19.98 billion. Marathon Petroleum Corporation had a return on equity of 5.52% and a net margin of 1.34%. The company's quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.07 earnings per share. View Marathon Petroleum Corporation's Earnings History.

When will Marathon Petroleum Corporation make its next earnings announcement?

Marathon Petroleum Corporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Marathon Petroleum Corporation.

Where is Marathon Petroleum Corporation's stock going? Where will Marathon Petroleum Corporation's stock price be in 2017?

14 brokerages have issued 1 year price objectives for Marathon Petroleum Corporation's stock. Their predictions range from $47.00 to $69.00. On average, they expect Marathon Petroleum Corporation's stock price to reach $58.83 in the next year. View Analyst Ratings for Marathon Petroleum Corporation.

Who are some of Marathon Petroleum Corporation's key competitors?

Who are Marathon Petroleum Corporation's key executives?

Marathon Petroleum Corporation's management team includes the folowing people:

  • Gary R. Heminger, Chairman of the Board, Chief Executive Officer
  • Donald C. Templin, President
  • Timothy T. Griffith, Chief Financial Officer, Senior Vice President
  • Anthony R. Kenney, President of Speedway LLC
  • Thomas M. Kelley, Senior Vice President - Marketing
  • Rodney P. Nichols, Senior Vice President - Human Resources and Administrative Services
  • Raymond L. Brooks, Senior Vice President - Refining
  • C. Michael Palmer, Senior Vice President - Supply, Distribution & Planning
  • John S. Swearingen, Senior Vice President, Transportation and Logistics
  • Donald W. Wehrly, Chief Information Officer, Vice President

Who owns Marathon Petroleum Corporation stock?

Marathon Petroleum Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.97%), Vanguard Group Inc. (7.75%), State Street Corp (5.42%), Boston Partners (1.80%), Iridian Asset Management LLC CT (1.64%) and Dimensional Fund Advisors LP (1.20%). Company insiders that own Marathon Petroleum Corporation stock include C Michael Palmer, Charles E Bunch, Pamela KM Beall, Steven A Davis and Thomas M Kelley. View Institutional Ownership Trends for Marathon Petroleum Corporation.

Who sold Marathon Petroleum Corporation stock? Who is selling Marathon Petroleum Corporation stock?

Marathon Petroleum Corporation's stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, BlackRock Inc., LSV Asset Management, FMR LLC, Bank of New York Mellon Corp, Steadfast Capital Management LP, Wells Fargo & Company MN and Cibc World Markets Corp. Company insiders that have sold Marathon Petroleum Corporation stock in the last year include C Michael Palmer and Thomas M Kelley. View Insider Buying and Selling for Marathon Petroleum Corporation.

Who bought Marathon Petroleum Corporation stock? Who is buying Marathon Petroleum Corporation stock?

Marathon Petroleum Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Alliancebernstein L.P., Vanguard Group Inc., Parametric Portfolio Associates LLC, Mason Capital Management LLC, Iridian Asset Management LLC CT, American Century Companies Inc. and Janus Henderson Group PLC. Company insiders that have bought Marathon Petroleum Corporation stock in the last two years include Charles E Bunch and Steven A Davis. View Insider Buying and Selling for Marathon Petroleum Corporation.

How do I buy Marathon Petroleum Corporation stock?

Shares of Marathon Petroleum Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Marathon Petroleum Corporation's stock price today?

One share of Marathon Petroleum Corporation stock can currently be purchased for approximately $49.45.

MarketBeat Community Rating for Marathon Petroleum Corporation (NYSE MPC)
Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  548 (Vote Outperform)
Underperform Votes:  287 (Vote Underperform)
Total Votes:  835
MarketBeat's community ratings are surveys of what our community members think about Marathon Petroleum Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Marathon Petroleum Corporation (NYSE:MPC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 11 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.93)
Consensus Price Target: $58.83 (18.97% upside)

Analysts' Ratings History for Marathon Petroleum Corporation (NYSE:MPC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/27/2017Cowen and CompanyBoost Price TargetOutperform -> Outperform$55.00 -> $60.00LowView Rating Details
7/20/2017Jefferies Group LLCReiterated RatingBuy$65.00 -> $54.83LowView Rating Details
7/14/2017Credit Suisse GroupReiterated RatingBuy$64.00MediumView Rating Details
7/11/2017ScotiabankSet Price TargetHold$55.00LowView Rating Details
6/1/2017Royal Bank Of CanadaReiterated RatingBuy$69.00LowView Rating Details
5/25/2017Piper Jaffray CompaniesReiterated RatingOverweight -> Overweight$62.00MediumView Rating Details
5/22/2017US Capital AdvisorsReiterated RatingBuyLowView Rating Details
4/22/2017Citigroup Inc.Reiterated RatingBuy$68.50 -> $67.00HighView Rating Details
2/2/2017Barclays PLCLower Price TargetOverweight$68.00 -> $62.00N/AView Rating Details
12/7/2016J P Morgan Chase & CoUpgradeNeutral -> Overweight$46.00 -> $57.00N/AView Rating Details
11/28/2016Bank of America CorporationSet Price TargetBuy$59.00N/AView Rating Details
10/31/2016Raymond James Financial, Inc.UpgradeOutperform -> Strong-Buy$47.00 -> $54.00N/AView Rating Details
10/28/2016Howard WeilBoost Price TargetSector Perform$45.00 -> $47.00N/AView Rating Details
10/12/2016Goldman Sachs Group, Inc. (The)Reiterated RatingBuy$54.00N/AView Rating Details
7/9/2016Wells Fargo & CompanyReiterated RatingBuyN/AView Rating Details
2/9/2016Deutsche Bank AGReiterated RatingBuy$70.00 -> $64.00N/AView Rating Details
1/15/2016Morgan StanleyReiterated RatingBuy$85.00 -> $65.00N/AView Rating Details
12/2/2015Wolfe ResearchBoost Price TargetOutperform$60.00 -> $65.00N/AView Rating Details
11/25/2015Oppenheimer Holdings, Inc.Reiterated RatingOutperform$60.00 -> $70.00N/AView Rating Details
(Data available from 8/21/2015 forward)


Earnings History for Marathon Petroleum Corporation (NYSE:MPC)
Earnings by Quarter for Marathon Petroleum Corporation (NYSE:MPC)
Earnings History by Quarter for Marathon Petroleum Corporation (NYSE MPC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$1.13N/AView Earnings Details
7/27/2017Q2 2017$1.04$1.03$19.98 billion$18.35 billionViewN/AView Earnings Details
4/27/2017Q1 2017($0.01)$0.06$19.03 billion$16.39 billionViewN/AView Earnings Details
2/1/2017Q416$0.26$0.43$14.54 billion$17.28 billionViewListenView Earnings Details
10/27/2016Q316$0.78$0.58$17.18 billion$16.46 billionViewListenView Earnings Details
7/28/2016Q216$0.97$1.07$16.30 billion$16.81 billionViewListenView Earnings Details
4/28/2016Q116$0.15$0.06$13.08 billion$12.83 billionViewListenView Earnings Details
2/3/2016Q415$0.69$0.79$16.35 billion$15.70 billionViewListenView Earnings Details
10/29/2015Q3$1.82$1.76$20.10 billion$18.76 billionViewListenView Earnings Details
7/30/2015Q215$1.76$1.51$19.29 billion$20.54 billionViewListenView Earnings Details
4/30/2015Q1$2.96$3.24$17.74 billion$17.24 billionViewListenView Earnings Details
2/4/2015Q414$1.38$2.86$19.86 billion$22.25 billionViewListenView Earnings Details
10/30/2014Q314$2.09$2.36$27.69 billion$25.48 billionViewListenView Earnings Details
7/31/2014Q214$2.15$2.95$22.87 billion$26.93 billionViewListenView Earnings Details
5/1/2014Q114$1.05$0.67$23.26 billion$23.35 billionViewListenView Earnings Details
1/29/2014Q413$1.03$2.10$20.15 billion$24.93 billionViewListenView Earnings Details
10/31/2013Q313$0.61$0.59$21.37 billion$26.27 billionViewListenView Earnings Details
8/1/2013Q2 2013$1.90$1.95$23.57 billion$25.70 billionViewListenView Earnings Details
4/30/2013Q1 2013$2.16$2.17$19.80 billion$23.30 billionViewListenView Earnings Details
1/30/2013Q4 2012$2.08$2.26$19.32 billion$20.68 billionViewListenView Earnings Details
11/1/2012Q312$3.23$3.31$19.59 billion$21.25 billionViewN/AView Earnings Details
7/31/2012$2.46$2.53ViewN/AView Earnings Details
5/1/2012$1.29$1.70ViewN/AView Earnings Details
2/1/2012($0.07)($0.21)ViewN/AView Earnings Details
11/1/2011$2.54$3.16ViewN/AView Earnings Details
8/2/2011$1.96$2.29ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Marathon Petroleum Corporation (NYSE:MPC)
2017 EPS Consensus Estimate: $2.41
2018 EPS Consensus Estimate: $2.49
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.01)($0.01)($0.01)
Q2 20172$0.97$1.40$1.19
Q3 20172$0.63$0.87$0.75
Q4 20172$0.40$0.57$0.49
Q1 20181($0.16)($0.16)($0.16)
Q2 20181$1.33$1.33$1.33
Q3 20181$1.11$1.11$1.11
Q4 20181$0.21$0.21$0.21
(Data provided by Zacks Investment Research)


Current Dividend Information for Marathon Petroleum Corporation (NYSE:MPC)
Next Dividend:9/11/2017
Annual Dividend:$1.60
Dividend Yield:3.24%
Dividend Growth:20.90% (3 Year Average)
Payout Ratio:90.91% (Trailing 12 Months of Earnings)
58.18% (Based on This Year's Estimates)
45.33% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Marathon Petroleum Corporation (NYSE:MPC)

Dividend History by Quarter for Marathon Petroleum Corporation (NYSE MPC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Marathon Petroleum Corporation (NYSE:MPC)
Insider Ownership Percentage: 1.05%
Institutional Ownership Percentage: 81.36%
Insider Trades by Quarter for Marathon Petroleum Corporation (NYSE:MPC)
Institutional Ownership by Quarter for Marathon Petroleum Corporation (NYSE:MPC)
Insider Trades by Quarter for Marathon Petroleum Corporation (NYSE:MPC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/14/2017Thomas M. KelleyInsiderSell25,000$54.33$1,358,250.00View SEC Filing  
5/24/2017C. Michael PalmerVPSell4,000$53.25$213,000.00View SEC Filing  
5/18/2017C. Michael PalmerVPSell4,568$52.04$237,718.72View SEC Filing  
2/9/2017Charles E BunchDirectorBuy2,000$49.94$99,880.00View SEC Filing  
5/26/2016Steven A DavisDirectorBuy1,500$34.70$52,050.00View SEC Filing  
5/2/2016Charles E BunchDirectorBuy2,000$38.56$77,120.00View SEC Filing  
12/10/2015Pamela K.M. BeallVPSell47,342$52.73$2,496,343.66View SEC Filing  
8/20/2015James E RohrDirectorBuy2,400$53.40$128,160.00View SEC Filing  
8/20/2015Timothy T GriffithCFOBuy1,000$54.11$54,110.00View SEC Filing  
6/2/2015Pamela K.M. BeallVPSell26,673$102.92$2,745,185.16View SEC Filing  
5/20/2015Gary R HemingerCEOSell36,659$104.30$3,823,533.70View SEC Filing  
5/6/2015George P ShaffnerVPSell25,561$100.50$2,568,880.50View SEC Filing  
3/13/2015Steven A DavisDirectorBuy3,500$96.73$338,555.00View SEC Filing  
2/13/2015J. Michael WilderVPSell5,806$102.22$593,489.32View SEC Filing  
2/11/2015Thomas M KelleyVPSell20,467$101.39$2,075,149.13View SEC Filing  
11/28/2014Evan BayhDirectorBuy5,550$90.06$499,833.00View SEC Filing  
8/8/2014Michael G BraddockVPSell1,871$87.65$163,993.15View SEC Filing  
1/2/2014J. Michael WilderVPSell32,638$91.06$2,972,016.28View SEC Filing  
8/5/2013James RohrDirectorBuy6,300$71.37$449,631.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Marathon Petroleum Corporation (NYSE:MPC)
Latest Headlines for Marathon Petroleum Corporation (NYSE:MPC)
DateHeadline logoUS Capital Advisors Weighs in on Marathon Petroleum Corporation's Q3 2017 Earnings (MPC) - August 21 at 2:32 AM logoMarathon Petroleum Corporation (MPC) Stock Rating Lowered by BidaskClub - August 19 at 4:38 PM logoQ3 2018 EPS Estimates for Marathon Petroleum Corporation Reduced by Analyst (MPC) - August 18 at 11:40 AM logoCould Andeavor’s Refining Margins Expand in 3Q17? - August 17 at 3:37 PM logoMarathon Petroleum Corporation (MPC) Given Average Rating of "Buy" by Brokerages - August 15 at 8:50 PM logoMarathon Petroleum Corporation (MPC) Ex-Dividend Date Scheduled for August 14 ... - August 12 at 5:46 AM logo[$$] Marathon Petroleum - August 12 at 5:46 AM logoMarathon Petroleum Corp. breached its 50 day moving average in a Bearish Manner : MPC-US : August 10, 2017 - August 11 at 6:37 AM logo Analysts Anticipate Marathon Petroleum Corporation (NYSE:MPC) Will Post Quarterly Sales of $18.59 Billion - August 10 at 12:46 PM logoHouston-area oil refineries unaffected by flooding after heavy rains - Reuters - August 9 at 1:00 AM logoZacks: Analysts Anticipate Marathon Petroleum Corporation (MPC) to Post $1.04 EPS - August 8 at 4:30 PM logoMPLX: Top Pick In The Large Cap Midstream Space - Seeking Alpha - August 8 at 1:07 AM logoMarathon Petroleum Corporation (MPC) Upgraded to Hold by Zacks Investment Research - August 7 at 8:02 PM logoMarathon Petroleum Corporation Revises Second-Quarter 2017 Results in Connection with Litigation Settlements - August 4 at 5:08 AM logoMarathon Petroleum to pay $86 mln to settle Texas fire lawsuits - August 4 at 5:08 AM logoAnalyzing Marathon Petroleum’s Segmental Earnings in 2Q17 - August 2 at 6:04 AM logoPhillips 66 processed less heavy crude in 2nd qtr due to supply issues: CEO - August 2 at 6:03 AM logoOil markets escape Venezuela sanctions for now - Reuters - August 1 at 2:07 AM logoMarathon Petroleum Corp. Now #181 Largest Company, Surpassing TE Connectivity - July 31 at 9:05 PM logoMarathon Petroleum Corporation (NYSE:MPC) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS - July 29 at 11:56 PM logoMarathon Petroleum's Retail and Midstream Assets Prop Up Earnings in Q2 - July 29 at 4:43 AM logoMarathon Petroleum Corporation (MPC) Increases Dividend to $0.40 Per Share - July 28 at 11:33 AM logoShell to shutter Convent gasoline unit in early '18 -sources - Nasdaq - July 28 at 5:28 AM logoMarathon Petroleum (MPC) Q2 2017 Results - Earnings Call Transcript - Seeking Alpha - July 28 at 5:28 AM logoMarathon Petroleum Corporation Reports Second-Quarter 2017 Results - July 28 at 5:27 AM logoRefiner Marathon Petroleum's Q2 profit falls 35.7 pct - July 28 at 5:27 AM logoMPLX LP Reports Second-Quarter 2017 Financial Results - July 28 at 5:27 AM logoInvestor Network: Marathon Petroleum Corporation to Host Earnings Call - July 28 at 5:27 AM logoMarathon Petroleum profit misses as refining margin falls - July 28 at 5:27 AM logoMarathon Petroleum (MPC) Q2 Earnings, Revenue Miss Estimate - July 28 at 5:27 AM logoMarathon Petroleum (MPC) Q2 Earnings Miss as Cost Increases - July 28 at 5:27 AM logoMarathon Petroleum processed record crude volumes in 2nd quarter -CEO - July 28 at 5:27 AM logoSpeedway income hits a record - July 28 at 5:27 AM logoEdited Transcript of MPC earnings conference call or presentation 27-Jul-17 1:00pm GMT - July 28 at 5:27 AM logoMarathon Petroleum misses Street 2Q forecasts - July 28 at 5:27 AM logoMarathon Petroleum Corp. increases dividend 11 percent - July 27 at 4:29 AM logoMarathon Petroleum (MPC) Q2 Earnings: What's in the Cards? - Nasdaq - July 24 at 2:15 PM logoMarathon Petroleum (MPC) Q2 Earnings: What's in the Cards? - July 24 at 2:15 PM logoJefferies Group Comments on Marathon Petroleum Corporation's Q3 2017 Earnings (MPC) - July 24 at 7:30 AM logoMarathon Petroleum Corporation (NYSE:MPC) Receives Average Rating of "Buy" from Analysts - July 21 at 8:47 PM logo$17.95 Billion in Sales Expected for Marathon Petroleum Corporation (NYSE:MPC) This Quarter - July 21 at 7:56 PM logoMarathon Petroleum Corporation's (MPC) "Buy" Rating Reiterated at Jefferies Group LLC - July 20 at 10:35 AM logoWhat Wall Street Says about Marathon Petroleum ahead of Earnings - July 20 at 1:27 AM logoMarathon Petroleum Corporation (MPC) Sees Large Decrease in Short Interest - July 19 at 8:25 AM logoSpeedway to fill 2,000 jobs in nine states - July 18 at 11:45 PM logoMPC’s Refining Earnings Outlook for 2Q17 - July 18 at 6:23 AM logoMarathon Petroleum Corporation (NYSE:MPC) Downgraded to "Sell" at Zacks Investment Research - July 17 at 2:52 PM logoUS Capital Advisors Comments on Marathon Petroleum Corporation's Q4 2017 Earnings (MPC) - July 17 at 10:22 AM logoMarathon Petroleum Corporation's (MPC) Buy Rating Reiterated at Credit Suisse Group - July 15 at 1:40 PM logoMarathon Petroleum Corp. to announce 2017 second-quarter financial results July 27 - Nasdaq - July 15 at 6:38 AM



Marathon Petroleum Corporation (MPC) Chart for Monday, August, 21, 2017

This page was last updated on 8/21/2017 by Staff