NYSE:MPCMarathon 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 stock has increased by 13.4% and is now trading at $35.57. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Petroleum in the last year. There are currently 1 sell rating, 4 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, August 6th 2020. View our earnings forecast for Marathon Petroleum.

Marathon Petroleum Corp (NYSE:MPC) announced its quarterly earnings data on Tuesday, May, 5th. The oil and gas company reported ($0.16) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.31) by $0.15. The oil and gas company had revenue of $24.08 billion for the quarter, compared to the consensus estimate of $27.96 billion. Marathon Petroleum had a positive return on equity of 7.88% and a negative net margin of 5.48%. The business's quarterly revenue was down 15.8% compared to the same quarter last year. During the same quarter last year, the company posted ($0.09) EPS. View Marathon Petroleum's earnings history.

Marathon Petroleum announced a quarterly dividend on Wednesday, April 29th. Investors of record on Wednesday, May 20th will be paid a dividend of $0.58 per share on Wednesday, June 10th. This represents a $2.32 dividend on an annualized basis and a yield of 6.52%. The ex-dividend date of this dividend is Tuesday, May 19th. View Marathon Petroleum's dividend history.

Marathon Petroleum issued an update on its first quarter 2020 After-Hours earnings guidance on Wednesday, April, 22nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $24.1-26.7 billion, compared to the consensus revenue estimate of $28.22 billion.

13 brokerages have issued 1-year price objectives for Marathon Petroleum's shares. Their forecasts range from $26.00 to $90.00. On average, they expect Marathon Petroleum's stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 54.6% from the stock's current price. View analysts' price targets for Marathon Petroleum.

News headlines about MPC stock have trended somewhat positive on Monday, according to InfoTrie Sentiment Analysis. 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 negative five to five, with scores nearest to five being the most favorable. Marathon Petroleum earned a news impact score of 1.5 on InfoTrie's scale. They also gave press coverage 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 company's share price in the near future. View the latest news aboutMarathon Petroleum.

Marathon Petroleum saw a increase in short interest in April. As of April 15th, there was short interest totaling 20,430,000 shares, an increase of 8.4% from the March 31st total of 18,840,000 shares. Based on an average daily trading volume, of 11,020,000 shares, the short-interest ratio is currently 1.9 days. Currently, 3.2% 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), Delek US (DK), World Fuel Services (INT), 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). View all competitors.

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), Cisco Systems (CSCO), General Electric (GE), Valero Energy (VLO), Chevron (CVX), Exxon Mobil (XOM) and Walt Disney (DIS).

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

Marathon Petroleum's stock is owned by a number of retail and institutional investors. Top institutional shareholders include State Street Corp (5.36%), Wellington Management Group LLP (1.93%), Morgan Stanley (1.79%), Bank of New York Mellon Corp (1.65%), Geode Capital Management LLC (1.44%) and Alliancebernstein L.P. (1.14%). 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 Massachusetts Financial Services Co. MA, Toronto Dominion Bank, Invesco Ltd., Balyasny Asset Management LLC, AQR Capital Management LLC, Baird Financial Group Inc., AJO LP, and Tortoise Capital Advisors L.L.C.. View insider buying and selling activity for Marathon Petroleum.

MPC stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Ceredex Value Advisors LLC, State Street Corp, Eminence Capital LP, APG Asset Management N.V., Alliancebernstein L.P., Wellington Management Group LLP, and MFN Partners Management LP. 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 $35.57.

Marathon Petroleum has a market capitalization of $23.13 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.

The official website for Marathon Petroleum is 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]