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, Speedway, and Midstream. It refines crude oil and other feed stocks at its six refineries in the Gulf Coast and Midwest regions of the United States; and purchases refined products and ethanol for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. It also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; gathers, processes, and transports natural gas; gathers, transports, fractionates, stores, and markets natural gas liquids (NGLs); and transports and stores crude oil and refined products. It markets its refined products to resellers, consumers, independent retailers, wholesale customers, its Marathon brand jobbers and Speedway brand convenience stores, airlines, transportation companies, and utilities. It also exports its refined products. As of December 31, 2017, it owned and operated 18 asphalt terminals and 61 light products terminals; 2,744 convenience stores in 21 states; 289 transport trucks and 296 trailers; 1,999 leased and 19 owned railcars; and owned/leased and operated 1,613 miles of common carrier crude oil and 2,360 miles of common carrier products pipelines, as well as had 5,617 retail outlets in 20 states and the District of Columbia, and interests in 2,194 miles of crude oil and 1,917 miles of products pipelines. It also owns and operates 228 miles of private products pipelines; has ownership interests in 739 miles of common carrier crude oil pipeline and 1,741 miles of products pipelines; and distributes refined products through approximately 130 light products and 2 asphalt third-party terminals. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Petroleum refining
Sub-IndustryOil & Gas Refining & Marketing
SectorOils/Energy
SymbolNYSE:MPC
CUSIP56585A10
Phone419-422-2121
Debt
Debt-to-Equity Ratio0.91
Current Ratio1.73
Quick Ratio1.12
Price-To-Earnings
Trailing P/E Ratio19.08
Forward P/E Ratio14.95
P/E Growth1.06
Sales & Book Value
Annual Sales$75.37 billion
Price / Sales0.44
Cash Flow$8.4032 per share
Price / Cash8.63
Book Value$42.64 per share
Price / Book1.70
Profitability
EPS (Most Recent Fiscal Year)$3.80
Net Income$3.43 billion
Net Margins4.45%
Return on Equity10.05%
Return on Assets4.15%
Miscellaneous
Employees43,800
Outstanding Shares461,880,000
Market Cap$33,652.49
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 Wednesday, April 25th. Stockholders of record on Wednesday, May 16th will be paid a dividend of $0.46 per share on Monday, June 11th. This represents a $1.84 annualized dividend and a dividend yield of 2.54%. The ex-dividend date of this dividend is Tuesday, May 15th. View Marathon Petroleum's Dividend History.
How were Marathon Petroleum's earnings last quarter?
Marathon Petroleum Corp (NYSE:MPC) posted its quarterly earnings results on Tuesday, May, 1st. The oil and gas company reported $0.08 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.15 by $0.07. The oil and gas company earned $18.98 billion during the quarter, compared to analysts' expectations of $21.78 billion. Marathon Petroleum had a net margin of 4.45% and a return on equity of 10.05%. Marathon Petroleum's revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.06 earnings per share. View Marathon Petroleum's Earnings History.
When is Marathon Petroleum's next earnings date?
What price target have analysts set for MPC?
17 analysts have issued 12 month price objectives for Marathon Petroleum's shares. Their forecasts range from $63.00 to $95.00. On average, they expect Marathon Petroleum's stock price to reach $83.80 in the next twelve months. This suggests a possible upside of 15.6% from the stock's current price. View Analyst Ratings for Marathon Petroleum.
What is the consensus analysts' recommendation for Marathon Petroleum?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Petroleum in the last year. There are currently 3 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of Marathon Petroleum's key competitors?
Some companies that are related to Marathon Petroleum include China Petroleum & Chemical (SNP), Statoil (STO), Equinor ASA (EQNR), ConocoPhillips (COP), Suncor Energy (SU), Phillips 66 (PSX), Valero Energy (VLO), Repsol (REPYY), Andeavor (ANDV), Hess (HES), HollyFrontier (HFC), YPF (YPF), PBF Energy (PBF), Delek US (DK) and CVR Refining (CVRR).
Who are Marathon Petroleum's key executives?
Marathon Petroleum's management team includes the folowing people:
- Mr. Gary R. Heminger, Chairman & CEO (Age 65)
- Mr. Donald C. Templin, Pres (Age 55)
- Mr. Timothy T. Griffith, Sr. VP & CFO (Age 49)
- Mr. C. Michael Palmer, Sr. VP of Supply, Distribution & Planning (Age 64)
- Mr. Anthony R. Kenney, Pres of Speedway LLC (Age 65)
Has Marathon Petroleum been receiving favorable news coverage?
News stories about MPC stock have been trending positive on Saturday, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Marathon Petroleum earned a coverage optimism score of 0.36 on Accern's scale. They also assigned news stories about the oil and gas company an impact score of 45.61 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are Marathon Petroleum's major shareholders?
Marathon Petroleum's stock is owned by a number of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.57%), Sit Investment Associates Inc. (0.09%), CHURCHILL MANAGEMENT Corp (0.08%), Scout Investments Inc. (0.08%), Calamos Advisors LLC (0.06%) and Nisa Investment Advisors LLC (0.05%). Company insiders that own Marathon Petroleum stock include Anthony R Kenney, C Michael Palmer, Charles E Bunch, Raymond L Brooks, Rodney P Nichols 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 Scout Investments Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Hartford Investment Management Co., Oakbrook Investments LLC, Creative Planning, Fjarde AP Fonden Fourth Swedish National Pension Fund, Bremer Trust National Association and Pendal Group Ltd. Company insiders that have sold Marathon Petroleum company stock in the last year include Anthony R Kenney, C Michael Palmer, Raymond L Brooks, Rodney P Nichols and Thomas M Kelley. View Insider Buying and Selling for Marathon Petroleum.
Which major investors are buying Marathon Petroleum stock?
MPC stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, CHURCHILL MANAGEMENT Corp, Calamos Advisors LLC, Nisa Investment Advisors LLC, Swarthmore Group Inc., Osborn Williams & Donohoe LLC, Wendell David Associates Inc. and James Investment Research Inc.. 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 $72.52.
How big of a company is Marathon Petroleum?
Marathon Petroleum has a market capitalization of $33.65 billion and generates $75.37 billion in revenue each year. The oil and gas company earns $3.43 billion in net income (profit) each year or $3.80 on an earnings per share basis. Marathon Petroleum employs 43,800 workers across the globe.
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)
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.
