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

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 stock has decreased by 26.2% and is now trading at $23.15. View which stocks have been mosted impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Petroleum in the last year. There are currently 1 sell rating, 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Marathon Petroleum.

Marathon Petroleum is scheduled to release its next quarterly earnings announcement on Thursday, April 30th 2020. View our earnings forecast for Marathon Petroleum.

Marathon Petroleum will be holding an earnings conference call on Thursday, April 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Marathon Petroleum Corp (NYSE:MPC) released its earnings results on Wednesday, January, 29th. The oil and gas company reported $1.56 EPS for the quarter, beating the Zacks' consensus estimate of $0.85 by $0.71. The oil and gas company earned $31.38 billion during the quarter, compared to analysts' expectations of $30.07 billion. Marathon Petroleum had a return on equity of 7.45% and a net margin of 2.11%. Marathon Petroleum's revenue was down 3.6% on a year-over-year basis. During the same period in the previous year, the company posted $2.41 earnings per share. View Marathon Petroleum's earnings history.

Marathon Petroleum announced a quarterly dividend on Tuesday, January 28th. Shareholders of record on Wednesday, February 19th will be given a dividend of $0.58 per share on Tuesday, March 10th. This represents a $2.32 annualized dividend and a dividend yield of 10.02%. The ex-dividend date of this dividend is Tuesday, February 18th. This is an increase from Marathon Petroleum's previous quarterly dividend of $0.53. View Marathon Petroleum's dividend history.

12 brokers have issued twelve-month price objectives for Marathon Petroleum's shares. Their forecasts range from $35.00 to $90.00. On average, they expect Marathon Petroleum's stock price to reach $65.55 in the next year. This suggests a possible upside of 183.1% from the stock's current price. View analysts' price targets for Marathon Petroleum.

Media stories about MPC stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring 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 positive five, with scores closest to five being the most favorable. Marathon Petroleum earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned news headlines about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutMarathon Petroleum.

Marathon Petroleum saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 21,834,600 shares, an increase of 24.0% from the February 27th total of 17,610,000 shares. Based on an average trading volume of 6,920,000 shares, the short-interest ratio is presently 3.2 days. Currently, 3.4% of the shares of the stock are sold short. View Marathon Petroleum's Current Options Chain.

Some companies that are related to Marathon Petroleum include Phillips 66 (PSX), Valero Energy (VLO), HollyFrontier (HFC), CVR Energy (CVI), World Fuel Services (INT), Delek US (DK), PBF Energy (PBF), Renewable Energy Group (REGI), Clean Energy Fuels (CLNE), Amyris (AMRS), REX American Resources (REX), Green Plains (GPRE), Adams Resources & Energy (AE) and Gevo (GEVO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Marathon Petroleum investors own include AT&T (T), Intel (INTC), Bank of America (BAC), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), General Electric (GE), Micron Technology (MU), Valero Energy (VLO), Chevron (CVX) and Exxon Mobil (XOM).

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

Marathon Petroleum's stock is owned by many different institutional and retail investors. Top institutional investors include State Street Corp (4.99%), Boston Partners (2.62%), Bank of New York Mellon Corp (1.71%), Geode Capital Management LLC (1.43%), Norges Bank (1.08%) and LSV Asset Management (0.84%). Company insiders that own Marathon Petroleum stock include Donald C Templin, Gary R Heminger, James E Rohr, Steven A Davis and Thomas M Kelley. View institutional ownership trends for Marathon Petroleum.

MPC stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Iridian Asset Management LLC CT, Panagora Asset Management Inc., Bank of New York Mellon Corp, Lord Abbett & CO. LLC, Janus Henderson Group PLC, Massachusetts Financial Services Co. MA, and Snow Capital Management LP. View insider buying and selling activity for Marathon Petroleum.

MPC stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Boston Partners, Renaissance Technologies LLC, AQR Capital Management LLC, Man Group plc, Alliancebernstein L.P., Empyrean Capital Partners LP, and Toronto Dominion Bank. 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.

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.

One share of MPC stock can currently be purchased for approximately $23.15.

Marathon Petroleum has a market capitalization of $15.04 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. View additional information about Marathon Petroleum.

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

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]