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

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$61.06 -0.07 (-0.11 %)
(As of 04/23/2019 04:00 PM ET)
Previous Close$61.13
Today's Range$60.46 - $61.5150
52-Week Range$54.29 - $88.45
Volume5.51 million shs
Average Volume6.41 million shs
Market Capitalization$41.13 billion
P/E Ratio9.01
Dividend Yield3.47%
Beta1.37
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; and 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, 2018, it owned, leased, and had ownership interests in approximately 16,600 miles of crude oil and refined product pipelines, as well as owned and operated 3,920 convenience stores; and had 6,813 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.

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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$9.0593 per share
Book Value$63.76 per share

Profitability

Net Income$2.78 billion

Miscellaneous

Employees60,350
Market Cap$41.13 billion
Next Earnings Date5/8/2019 (Confirmed)
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 paid 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 3.47%. The ex-dividend date is Tuesday, February 19th. This is a positive change 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) issued its earnings results on Thursday, February, 7th. The oil and gas company reported $2.41 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate 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 net margin of 2.86% and a return on equity of 14.14%. The company's revenue for the quarter was up 53.2% compared to the same quarter last year. During the same period in the previous 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 Wednesday, May 8th 2019. View Earnings Estimates for Marathon Petroleum.

What price target have analysts set for MPC?

16 brokers have issued 1-year price targets for Marathon Petroleum's shares. Their forecasts range from $67.18 to $125.00. On average, they anticipate Marathon Petroleum's share price to reach $91.0150 in the next year. This suggests a possible upside of 49.1% from the stock's current price. View Analyst Price Targets for Marathon Petroleum.

What is the consensus analysts' recommendation for Marathon Petroleum?

16 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 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Marathon Petroleum.

Has Marathon Petroleum been receiving favorable news coverage?

Media headlines about MPC stock have been trending positive this week, InfoTrie reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Marathon Petroleum earned a daily sentiment score of 2.7 on InfoTrie's scale. They also assigned press coverage about the oil and gas company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future.

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 General Electric (GE), Intel (INTC), Bank of America (BAC), JPMorgan Chase & Co. (JPM), Micron Technology (MU), Alibaba Group (BABA), AT&T (T), Valero Energy (VLO), Marathon Oil (MRO) and Wells Fargo & Co (WFC).

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. Gregory J. Goff, Exec. Vice Chairman (Age 62)
  • Mr. Timothy T. Griffith, Sr. VP & CFO (Age 50)
  • Mr. Donald C. Templin, Pres of Refining, Marketing & Supply (Age 56)
  • Mr. Anthony R. Kenney, Pres of Speedway LLC (Age 66)

Who are Marathon Petroleum's major shareholders?

Marathon Petroleum's stock is owned by many different of institutional and retail investors. Top institutional investors include Retirement Systems of Alabama (0.15%), Strs Ohio (0.13%), Douglas Lane & Associates LLC (0.10%), South Texas Money Management Ltd. (0.10%), Conning Inc. (0.09%) and Deprince Race & Zollo Inc. (0.08%). 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 major investors are selling Marathon Petroleum stock?

MPC stock was sold by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd., Town & Country Bank & Trust CO dba First Bankers Trust CO, Spirit of America Management Corp NY, Strs Ohio, Douglas Lane & Associates LLC, Eqis Capital Management Inc., Nisa Investment Advisors LLC and First Hawaiian Bank. 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 major investors are buying Marathon Petroleum stock?

MPC stock was acquired by a variety of institutional investors in the last quarter, including Conning Inc., Retirement Systems of Alabama, Private Capital Advisors Inc., Deprince Race & Zollo Inc., Manning & Napier Group LLC, Isthmus Partners LLC, Calamos Wealth Management LLC and Pacer Advisors Inc.. 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 $61.06.

How big of a company is Marathon Petroleum?

Marathon Petroleum has a market capitalization of $41.13 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:  771 (Vote Outperform)
Underperform Votes:  494 (Vote Underperform)
Total Votes:  1,265
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 4/23/2019 by MarketBeat.com Staff

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