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 (WHO). Since then, MPC shares have increased by 15.4% and is now trading at $36.20. 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 Monday, August 3rd 2020. View our earnings forecast for Marathon Petroleum.

Marathon Petroleum will be holding an earnings conference call on Monday, August 3rd 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) posted its quarterly earnings data on Tuesday, May, 5th. The oil and gas company reported ($0.16) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.31) by $0.15. The oil and gas company had revenue of $24.08 billion for the quarter, compared to analysts' expectations of $27.96 billion. Marathon Petroleum had a negative net margin of 5.48% and a positive return on equity of 7.88%. Marathon Petroleum's revenue was down 15.8% on a year-over-year basis. During the same period in the previous year, the company earned ($0.09) EPS. View Marathon Petroleum's earnings history.

Marathon Petroleum declared a quarterly dividend on Wednesday, April 29th. Shareholders 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 6.41%. The ex-dividend date 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 analysts have issued 1 year price objectives for Marathon Petroleum's shares. Their forecasts range from $26.00 to $90.00. On average, they anticipate Marathon Petroleum's stock price to reach $53.17 in the next year. This suggests a possible upside of 46.9% from the stock's current price. View analysts' price targets for Marathon Petroleum.

News articles about MPC stock have trended neutral this week, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Marathon Petroleum earned a news impact score of 0.2 on InfoTrie's scale. They also assigned news coverage about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Marathon Petroleum.

Marathon Petroleum saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 25,650,000 shares, a drop of 5.2% from the June 15th total of 27,070,000 shares. Based on an average daily volume of 10,950,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 4.0% 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). 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 many different institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.06%), Manning & Napier Group LLC (0.04%), Mount Yale Investment Advisors LLC (0.02%), Sanders Morris Harris LLC (0.02%), State of Alaska Department of Revenue (0.02%) and Spirit of America Management Corp NY (0.02%). Company insiders that own Marathon Petroleum stock include Donald C Templin, Gary R Heminger, James E Rohr and Steven A Davis. View institutional ownership trends for Marathon Petroleum.

MPC stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Manning & Napier Group LLC, Cullinan Associates Inc., Spirit of America Management Corp NY, Town & Country Bank & Trust CO dba First Bankers Trust CO, Whittier Trust Co. of Nevada Inc., and Moody National Bank Trust Division. View insider buying and selling activity for Marathon Petroleum.

MPC stock was acquired by a variety of institutional investors in the last quarter, including Sanders Morris Harris LLC, Exane Derivatives, Unison Advisors LLC, Mount Yale Investment Advisors LLC, Clarius Group LLC, OLD Point Trust & Financial Services N A, HNP Capital LLC, and Foundation Resource Management Inc.. 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 $36.20.

Marathon Petroleum has a market capitalization of $23.54 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]