NYSE:MPCMarathon Petroleum Stock Price, Forecast & News

Marathon Petroleum's stock was trading at $31.36 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MPC stock has increased by 13.8% and is now trading at $35.68. 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) issued its quarterly earnings data on Tuesday, May, 5th. The oil and gas company reported ($0.16) EPS for the quarter, beating analysts' consensus estimates of ($0.31) by $0.15. The oil and gas company earned $24.08 billion during the quarter, compared to the consensus estimate of $27.96 billion. Marathon Petroleum had a negative net margin of 5.48% and a positive return on equity of 7.88%. The company's revenue was down 15.8% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.09) earnings per share. View Marathon Petroleum's earnings history.

Marathon Petroleum declared a quarterly dividend on Wednesday, April 29th. Investors of record on Wednesday, May 20th will be given a dividend of $0.58 per share on Wednesday, June 10th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 6.50%. 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 equities research analysts have issued 12 month price objectives for Marathon Petroleum's shares. Their forecasts range from $26.00 to $90.00. On average, they expect Marathon Petroleum's share price to reach $52.92 in the next twelve months. This suggests a possible upside of 48.3% from the stock's current price. View analysts' price targets for Marathon Petroleum.

News headlines about MPC stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news 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 sentiment score of -3.3 on InfoTrie's scale. They also assigned news headlines 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 increase in short interest in June. As of June 15th, there was short interest totaling 27,070,000 shares, an increase of 12.4% from the May 31st total of 24,080,000 shares. Based on an average daily volume of 12,070,000 shares, the days-to-cover ratio is presently 2.2 days. Currently, 4.2% of the shares of the company 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), 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."

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 $35.68.

Marathon Petroleum has a market capitalization of $23.20 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]