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NYSE:MPCMarathon Petroleum Stock Price, Forecast & News

$38.35
+1.09 (+2.93 %)
(As of 08/14/2020 04:00 PM ET)
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Today's Range
$36.90
Now: $38.35
$38.38
50-Day Range
$33.35
MA: $36.94
$39.91
52-Week Range
$15.26
Now: $38.35
$69.65
Volume5.72 million shs
Average Volume9.65 million shs
Market Capitalization$24.95 billion
P/E RatioN/A
Dividend Yield6.23%
Beta2.18
Marathon Petroleum Corp. is an independent petroleum product refiners, marketers and transporters in the United States. The company operates through the following segments: Refining & Marketing; Retail; and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products through various means, including barges, terminals and trucks that the company owns or operates. The Retail sells transportation fuels and convenience products in the retail market across the United States 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 transports, stores, distributes and markets crude oil and refined products principally for the Refining & Marketing segment via refining logistics assets, pipelines, terminals, towboats and barges; gathers, processes and transports natural gas; and gathers, transports, fractionates, stores and markets NGLs. Marathon Petroleum was founded in 1887 and is headquartered in Findlay, OH.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 3.0Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.20 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$124.88 billion
Cash Flow$11.18 per share
Book Value$64.90 per share

Profitability

Net Income$2.64 billion

Miscellaneous

Employees60,910
Market Cap$24.95 billion
Next Earnings Date10/29/2020 (Estimated)
OptionableOptionable
$38.35
+1.09 (+2.93 %)
(As of 08/14/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Marathon Petroleum (NYSE:MPC) Frequently Asked Questions

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

Marathon Petroleum's stock was trading at $31.36 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MPC shares have increased by 22.3% and is now trading at $38.35.
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 2 sell ratings, 3 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 Thursday, October 29th 2020.
View our earnings forecast for Marathon Petroleum
.

How were Marathon Petroleum's earnings last quarter?

Marathon Petroleum Corp (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 analysts' consensus estimates of ($1.86) by $0.53. The oil and gas company earned $15.20 billion during the quarter, compared to the consensus estimate of $17.49 billion. Marathon Petroleum had a positive return on equity of 3.04% and a negative net margin of 7.55%. The company's quarterly revenue was down 54.9% compared to the same quarter last year. During the same period last 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 declared a quarterly dividend on Wednesday, July 29th. Shareholders of record on Wednesday, August 19th will be paid a dividend of $0.58 per share on Thursday, September 10th. This represents a $2.32 dividend on an annualized basis and a yield of 6.05%. The ex-dividend date of this dividend is Tuesday, August 18th.
View Marathon Petroleum's dividend history
.

What price target have analysts set for MPC?

15 analysts have issued 12-month price targets for Marathon Petroleum's stock. Their forecasts range from $35.00 to $66.00. On average, they anticipate Marathon Petroleum's stock price to reach $46.77 in the next year. This suggests a possible upside of 22.0% from the stock's current price.
View analysts' price targets for Marathon Petroleum
.

Has Marathon Petroleum been receiving favorable news coverage?

News stories about MPC stock have been trending neutral on Saturday, according to InfoTrie. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Marathon Petroleum earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned media stories about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
View the latest news about Marathon Petroleum
.

Are investors shorting Marathon Petroleum?

Marathon Petroleum saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 24,080,000 shares, an increase of 21.1% from the April 30th total of 19,880,000 shares. Based on an average daily volume of 12,290,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 3.7% of the shares of the stock are sold short.
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), Bank of America (BAC), Intel (INTC), JPMorgan Chase & Co. (JPM), General Electric (GE), Cisco Systems (CSCO), Chevron (CVX), Pfizer (PFE), Valero Energy (VLO) and Exxon Mobil (XOM).

Who are Marathon Petroleum's key executives?

Marathon Petroleum's management team includes the following people:
  • Gary R. Heminger, Chairman & Chief Executive Officer
  • Glenn M. Plumby, Chief Operating Officer & Senior Vice President
  • Timothy T. Griffith, Chief Financial Officer & Senior Vice President
  • Donald W. Wehrly, Chief Information Officer & Vice President
  • Molly R. Benson, Secretary, Chief Governance & Compliance Officer

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 a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.74%), Vanguard Group Inc. (8.46%), Bank of New York Mellon Corp (1.65%), FIL Ltd (1.04%), LSV Asset Management (0.83%) and FMR LLC (0.79%). 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 institutional investors are selling Marathon Petroleum stock?

MPC stock was sold by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Vanguard Group Inc., Cibc World Markets Corp, State of Wisconsin Investment Board, Prudential Financial Inc., Federated Hermes Inc., MUFG Securities EMEA plc, and Calamos Advisors LLC.
View insider buying and selling activity 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., FIL Ltd, Holocene Advisors LP, Scout Investments Inc., Point72 Asset Management L.P., Bank of Nova Scotia, FMR LLC, and Baird Financial Group Inc.. 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 $38.35.

How big of a company is Marathon Petroleum?

Marathon Petroleum has a market capitalization of $24.95 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 8/15/2020 by MarketBeat.com Staff

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