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

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

Marathon Petroleum declared a quarterly dividend on Tuesday, January 28th. Stockholders 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 3.98%. The ex-dividend date is Tuesday, February 18th. This is an increase from Marathon Petroleum's previous quarterly dividend of $0.53. View Marathon Petroleum's Dividend History.

Marathon Petroleum Corp (NYSE:MPC) issued its earnings results on Wednesday, January, 29th. The oil and gas company reported $1.56 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.85 by $0.71. The oil and gas company had revenue of $31.38 billion for the quarter, compared to analyst estimates of $30.07 billion. The firm's revenue for the quarter was down 3.6% on a year-over-year basis. During the same period in the previous year, the business posted $2.41 earnings per share. View Marathon Petroleum's Earnings History.

Marathon Petroleum is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Marathon Petroleum.

11 brokers have issued 1-year target prices for Marathon Petroleum's stock. Their forecasts range from $67.00 to $90.00. On average, they anticipate Marathon Petroleum's stock price to reach $74.80 in the next twelve months. This suggests a possible upside of 28.2% from the stock's current price. View Analyst Price Targets for Marathon Petroleum.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Petroleum in the last year. There are currently 3 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Marathon Petroleum.

News coverage about MPC stock has trended somewhat positive recently, according to InfoTrie. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Marathon Petroleum earned a news sentiment score of 2.0 on InfoTrie's scale. They also assigned media coverage about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Marathon Petroleum.

Marathon Petroleum saw a increase in short interest in January. As of January 31st, there was short interest totalling 16,380,000 shares, an increase of 6.0% from the January 15th total of 15,460,000 shares. Based on an average daily trading volume, of 5,570,000 shares, the short-interest ratio is presently 2.9 days. Currently, 2.5% of the shares of the company are short sold. View Marathon Petroleum's Current Options Chain.

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

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), General Electric (GE), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Valero Energy (VLO), Micron Technology (MU), Chevron (CVX) and Alibaba Group (BABA).

Marathon Petroleum's stock is owned by many different of 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%), LSV Asset Management (0.84%), FMR LLC (0.84%) and FIL Ltd (0.76%). Company insiders that own Marathon Petroleum stock include Charles E Bunch, 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, Massachusetts Financial Services Co. MA, Snow Capital Management LP and Reaves W H & Co. Inc.. View Insider Buying and Selling for Marathon Petroleum.

MPC stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Renaissance Technologies LLC, AQR Capital Management LLC, Toronto Dominion Bank, Prudential Financial Inc., Captrust Financial Advisors, AJO LP and State of Tennessee Treasury Department. Company insiders that have bought Marathon Petroleum stock in the last two years include Charles E Bunch, Donald C Templin, James E Rohr and Steven A Davis. View Insider Buying and Selling 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 $58.33.