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

Marathon Petroleum's stock was trading at $31.36 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MPC shares have decreased by 33.5% and is now trading at $20.87. 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 quarterly earnings data on Wednesday, January, 29th. The oil and gas company reported $1.56 earnings per share for the quarter, beating the 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 net margin of 2.11% and a return on equity of 7.45%. The firm's revenue was down 3.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.41 earnings per share. View Marathon Petroleum's earnings history.

Marathon Petroleum announced 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 dividend on an annualized basis and a dividend yield of 11.12%. The ex-dividend date is Tuesday, February 18th. This is a boost from Marathon Petroleum's previous quarterly dividend of $0.53. View Marathon Petroleum's dividend history.

12 equities research analysts have issued 12-month price objectives for Marathon Petroleum's shares. Their forecasts range from $35.00 to $90.00. On average, they expect Marathon Petroleum's share price to reach $65.45 in the next year. This suggests a possible upside of 213.6% from the stock's current price. View analysts' price targets for Marathon Petroleum.

News coverage about MPC stock has been trending very negative recently, InfoTrie Sentiment reports. The research group scores the sentiment of 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 -5 to 5, with scores closest to five being the most favorable. Marathon Petroleum earned a news sentiment score of -3.3 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 media coverage is extremely unlikely to have an effect on the stock's share price in the near future. 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 days-to-cover ratio is presently 3.2 days. Approximately 3.4% of the company's shares are short sold. 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), Amyris (AMRS), Clean Energy Fuels (CLNE), 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 Alibaba Group (BABA).

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

Marathon Petroleum's stock is owned by many different retail and institutional investors. Top institutional shareholders include Park National Corp OH (0.00%) and Neville Rodie & Shaw Inc. (0.00%). 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 Neville Rodie & Shaw Inc.. View insider buying and selling activity for Marathon Petroleum.

MPC stock was acquired by a variety of institutional investors in the last quarter, including Park National Corp OH. 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 $20.87.

Marathon Petroleum has a market capitalization of $13.56 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]