Marathon Petroleum Corp. is an independent petroleum product refiners, marketers and transporters in the United States. The company operates through the following segments: Refining & Marketing, Speedway and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products through various means, including barges, terminals and trucks that the company owns or operates. The Speedway segment sells transportation fuels and convenience products in the retail market in the Midwest, primarily through Speedway convenience stores. The Midstream segment gathers, processes and transports natural gas; gathers, transports, fractionates, stores and markets NGLs and transports and stores crude oil and refined products. Marathon Petroleum was founded in 1887 and is headquartered in Findlay, OH.
Industry, Sector and Symbol
Industry Petroleum refining
Sub-IndustryOil & Gas Refining & Marketing
SectorOils/Energy
Phone419-422-2121
Debt
Current Ratio1.65
Quick Ratio1.09
Price-To-Earnings
Sales & Book Value
Annual Sales$75.37 billion
Price / Sales0.59
Price / Cash Flow7.62
Price / Book1.52
Profitability
Net Income$3.43 billion
Net Margins4.48%
Return on Assets4.67%
Miscellaneous
Employees43,800
OptionableOptionable
Marathon Petroleum (NYSE:MPC) Frequently Asked Questions
What is Marathon Petroleum's stock symbol?
Marathon Petroleum trades on the New York Stock Exchange (NYSE) under the ticker symbol "MPC."
How often does Marathon Petroleum pay dividends? What is the dividend yield for Marathon Petroleum?
Marathon Petroleum announced a quarterly dividend on Wednesday, October 31st. Shareholders of record on Wednesday, November 21st will be paid a dividend of $0.46 per share on Monday, December 10th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date is Tuesday, November 20th. View Marathon Petroleum's Dividend History.
How were Marathon Petroleum's earnings last quarter?
Marathon Petroleum Corp (NYSE:MPC) announced its earnings results on Thursday, November, 1st. The oil and gas company reported $1.70 EPS for the quarter, beating analysts' consensus estimates of $1.68 by $0.02. The oil and gas company had revenue of $23.13 billion for the quarter, compared to analyst estimates of $23.20 billion. Marathon Petroleum had a net margin of 4.48% and a return on equity of 12.28%. The business's revenue was up 19.3% on a year-over-year basis. During the same quarter last year, the business earned $1.77 earnings per share. View Marathon Petroleum's Earnings History.
When is Marathon Petroleum's next earnings date?
What price target have analysts set for MPC?
16 analysts have issued twelve-month price targets for Marathon Petroleum's shares. Their forecasts range from $80.00 to $125.00. On average, they anticipate Marathon Petroleum's share price to reach $94.2308 in the next year. This suggests a possible upside of 45.8% from the stock's current price. View Analyst Price Targets for Marathon Petroleum.
What is the consensus analysts' recommendation for Marathon Petroleum?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Petroleum in the last year. There are currently 1 hold rating, 14 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Marathon Petroleum.
Has Marathon Petroleum been receiving favorable news coverage?
Media coverage about MPC stock has trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of 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 2.6 on InfoTrie's scale. They also assigned headlines about the oil and gas company a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an effect on the company's share price in the next few days.
Who are some of Marathon Petroleum's key competitors?
Some companies that are related to Marathon Petroleum include BP (BP), China Petroleum & Chemical (SNP), ConocoPhillips (COP), Equinor ASA (EQNR), Suncor Energy (SU), Phillips 66 (PSX), Valero Energy (VLO), Repsol (REPYY), Hess (HES), HollyFrontier (HFC), YPF (YPF), PBF Energy (PBF), CVR Energy (CVI), Delek US (DK) and CVR Refining (CVRR).
Who are Marathon Petroleum's key executives?
Marathon Petroleum's management team includes the folowing people:
- Gary R. Heminger, Chairman & Chief Executive Officer
- David R. Sauber, SVP-Labor Relations & Administrative Services
- Timothy T. Griffith, Chief Financial Officer & Senior Vice President
- Donald W. Wehrly, Chief Information Officer & Vice President
- Molly R. Benson, Secretary, Chief Compliance Officer & VP
Who are Marathon Petroleum's major shareholders?
Marathon Petroleum's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Retirement Systems of Alabama (0.13%), Sit Investment Associates Inc. (0.06%), Spirit of America Management Corp NY (0.03%), Boston Advisors LLC (0.03%), Stillwater Capital Advisors LLC (0.03%) and Gulf International Bank UK Ltd (0.02%). Company insiders that own Marathon Petroleum stock include Anthony R Kenney, C Michael Palmer, Charles E Bunch, Raymond L Brooks, Rodney P Nichols, Steven A Davis and Thomas M Kelley. View Institutional Ownership Trends for Marathon Petroleum.
Which major investors are selling Marathon Petroleum stock?
MPC stock was sold by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Sit Investment Associates Inc., New England Research & Management Inc., Beech Hill Advisors Inc., Hennessy Advisors Inc., Tealwood Asset Management Inc., Stillwater Capital Advisors LLC and Banced Corp. View Insider Buying and Selling for Marathon Petroleum.
Which major investors are buying Marathon Petroleum stock?
MPC stock was bought by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Spirit of America Management Corp NY, Moody National Bank Trust Division, Boston Advisors LLC, State of Alaska Department of Revenue, Town & Country Bank & Trust CO dba First Bankers Trust CO, Neville Rodie & Shaw Inc. and Oakbrook Investments LLC. Company insiders that have bought Marathon Petroleum stock in the last two years include Charles E Bunch and Steven A Davis. View Insider Buying and Selling for Marathon Petroleum.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Marathon Petroleum's stock price today?
One share of MPC stock can currently be purchased for approximately $64.63.
How big of a company is Marathon Petroleum?
Marathon Petroleum has a market capitalization of $44.44 billion and generates $75.37 billion in revenue each year. The oil and gas company earns $3.43 billion in net income (profit) each year or $3.80 on an earnings per share basis. Marathon Petroleum employs 43,800 workers across the globe.
What is Marathon Petroleum's official website?
How can I contact Marathon Petroleum?
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]
MarketBeat Community Rating for Marathon Petroleum (NYSE MPC)
MarketBeat's community ratings are surveys of what our community members think about Marathon Petroleum and other stocks. Vote "Outperform" if you believe MPC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MPC will underperform the S&P 500 over the long term. You may vote once every thirty days.
