Log in
NYSE:MPC

Marathon Petroleum Stock Forecast, Price & News

$29.50
+0.67 (+2.32 %)
(As of 10/30/2020 12:00 AM ET)
Add
Compare
Today's Range
$28.16
Now: $29.50
$29.53
50-Day Range
$27.50
MA: $29.82
$32.36
52-Week Range
$15.26
Now: $29.50
$68.73
Volume8.78 million shs
Average Volume8.95 million shs
Market Capitalization$19.20 billion
P/E RatioN/A
Dividend Yield8.05%
Beta2.13
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, Retail, and Midstream. The Refining & Marketing segment refines crude oil and other feed stocks at its 16 refineries in the West Coast, Gulf Coast, and Mid-Continent regions of the United States; and purchases refined products and ethanol for resale. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures aromatics, propane, propylene, and sulfur. It sells refined products wholesale marketing customers domestically and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets. The Retail segment sells transportation fuels and convenience products in the retail market through company-owned and operated convenience stores, primarily under the Speedway brand; and long-term fuel supply contracts with direct dealers who operate locations mainly under the ARCO brand. The Midstream segment transports, stores, distributes, and markets crude oil and refined products through refining logistics assets, pipelines, terminals, towboats and barges; gathers, processes, and transports natural gas; and gathers, transports, fractionates, stores, and markets natural gas liquids. The company also exports its refined products. As of December 31, 2019, it owned, leased, and had ownership interests in approximately 17,200 miles of crude oil and refined product pipelines, as well as owned and operated 3,900 convenience stores; and had 6,900 retail outlets operated by independent entrepreneurs in 35 states of the United States, the District of Columbia, and Mexico. The company was founded in 1887 and is headquartered in Findlay, Ohio.
Read More
Marathon Petroleum logo

Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 3.0Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.41 out of 5 stars

Industry, Sector and Symbol

Industry Petroleum refining
Sub-IndustryOil & Gas Refining & Marketing
CUSIP56585A10
Phone419-422-2121
Employees60,910

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$124.88 billion
Cash Flow$11.17 per share
Book Value$64.90 per share

Profitability

Net Income$2.64 billion

Miscellaneous

Market Cap$19.20 billion
Next Earnings Date11/2/2020 (Confirmed)
OptionableOptionable
$29.50
+0.67 (+2.32 %)
(As of 10/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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.

speech bubbles
speech bubbles











Marathon Petroleum (NYSE:MPC) Frequently Asked Questions

How has Marathon Petroleum's stock been impacted by COVID-19?

Marathon Petroleum's stock was trading at $31.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MPC shares have decreased by 5.9% and is now trading at $29.50.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Marathon Petroleum?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Petroleum in the last year. There are currently 1 sell rating, 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Marathon Petroleum
.

When is Marathon Petroleum's next earnings date?

Marathon Petroleum is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for Marathon Petroleum
.

How can I listen to Marathon Petroleum's earnings call?

Marathon Petroleum will be holding an earnings conference call on Monday, November 2nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Marathon Petroleum's earnings last quarter?

Marathon Petroleum Co. (NYSE:MPC) announced its quarterly earnings data on Monday, August, 3rd. The oil and gas company reported ($1.33) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.86) by $0.53. The oil and gas company had revenue of $15.20 billion for the quarter, compared to the consensus estimate of $17.49 billion. Marathon Petroleum had a negative net margin of 7.55% and a positive return on equity of 3.04%. Marathon Petroleum's revenue was down 54.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.73 earnings per share.
View Marathon Petroleum's earnings history
.

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

Marathon Petroleum announced a quarterly dividend on Wednesday, October 28th. Stockholders of record on Wednesday, November 18th will be paid a dividend of $0.58 per share on Thursday, December 10th. This represents a $2.32 dividend on an annualized basis and a yield of 7.86%. The ex-dividend date of this dividend is Tuesday, November 17th.
View Marathon Petroleum's dividend history
.

What price target have analysts set for MPC?

15 equities research analysts have issued 12-month price objectives for Marathon Petroleum's shares. Their forecasts range from $30.00 to $56.00. On average, they expect Marathon Petroleum's share price to reach $41.85 in the next year. This suggests a possible upside of 41.9% from the stock's current price.
View analysts' price targets for Marathon Petroleum
.

Are investors shorting Marathon Petroleum?

Marathon Petroleum saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 30,310,000 shares, an increase of 22.8% from the September 30th total of 24,690,000 shares. Based on an average trading volume of 7,320,000 shares, the days-to-cover ratio is presently 4.1 days. Approximately 4.7% of the company's shares are short sold.
View Marathon Petroleum's Short Interest
.

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 AT&T (T), Intel (INTC), JPMorgan Chase & Co. (JPM), Bank of America (BAC), Valero Energy (VLO), General Electric (GE), Pfizer (PFE), Cisco Systems (CSCO), Chevron (CVX) and Johnson & Johnson (JNJ).

Who are Marathon Petroleum's key executives?

Marathon Petroleum's management team includes the following people:
  • Mr. Michael J. Hennigan, Pres, CEO & Director (Age 61, Pay $4.31M)
  • Mr. Donald C. Templin, Exec. VP & CFO (Age 57, Pay $4.32M)
  • Mr. Timothy T. Griffith, Pres of Speedway LLC (Age 51, Pay $3.58M)
  • Mr. John J. Quaid, Sr. VP, Controller & Principal Accounting Officer (Age 48)
  • Mr. Timothy J. Harris, VP & Chief Technology Officer (Age 45)
  • Mr. Donald W. Wehrly, Chief Information Officer & VP (Age 61)
  • Ms. Kristina Anna Kazarian, VP of Investor Relations (Age 37)
  • Ms. Molly R. Benson, VP, Chief Securities, Governance & Compliance Officer and Corp. Sec. (Age 53)
  • Ms. Suzanne Gagle, Gen. Counsel (Age 54)
  • Mr. Hamish Banks, VP of Communications

What is Marathon Petroleum's stock symbol?

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

Who are Marathon Petroleum's major shareholders?

Marathon Petroleum's stock is owned by many different retail and institutional investors. Top institutional shareholders include LSV Asset Management (0.74%), Prudential PLC (0.33%), Retirement Systems of Alabama (0.16%), Scout Investments Inc. (0.13%), Toronto Dominion Bank (0.13%) and Douglas Lane & Associates LLC (0.10%). Company insiders that own Marathon Petroleum stock include Donald C Templin, Gary R Heminger, James E Rohr and Steven A Davis.
View institutional ownership trends for Marathon Petroleum
.

Which major investors are selling Marathon Petroleum stock?

MPC stock was sold by a variety of institutional investors in the last quarter, including DAVENPORT & Co LLC, LSV Asset Management, Scout Investments Inc., TCW Group Inc., Dupont Capital Management Corp, Calamos Advisors LLC, Ziegler Capital Management LLC, and Gateway Investment Advisers LLC.
View insider buying and selling activity for Marathon Petroleum
.

Which major investors are buying Marathon Petroleum stock?

MPC stock was purchased by a variety of institutional investors in the last quarter, including Prudential PLC, Toronto Dominion Bank, Clear Harbor Asset Management LLC, Retirement Systems of Alabama, Douglas Lane & Associates LLC, Greatmark Investment Partners Inc., State of Michigan Retirement System, and Clear Street Markets LLC. Company insiders that have bought Marathon Petroleum stock in the last two years include Donald C Templin, James E Rohr, and Steven A Davis.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Marathon Petroleum's stock price today?

One share of MPC stock can currently be purchased for approximately $29.50.

How big of a company is Marathon Petroleum?

Marathon Petroleum has a market capitalization of $19.20 billion and generates $124.88 billion in revenue each year. The oil and gas company earns $2.64 billion in net income (profit) each year or $4.94 on an earnings per share basis. Marathon Petroleum employs 60,910 workers across the globe.

What is Marathon Petroleum's official website?

The official website for Marathon Petroleum is 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]

This page was last updated on 10/31/2020 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.