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

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

Marathon Petroleum declared a quarterly dividend on Tuesday, January 28th. Shareholders of record on Wednesday, February 19th will be paid a dividend of $0.58 per share on Tuesday, March 10th. This represents a $2.32 annualized dividend and a yield of 4.12%. The ex-dividend date of this dividend is Tuesday, February 18th. This is a boost from Marathon Petroleum's previous quarterly dividend of $0.53. View Marathon Petroleum's Dividend History.

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 (EPS) for the quarter, beating the Zacks' consensus estimate of $0.85 by $0.71. The oil and gas company had revenue of $31.38 billion for 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 7.42%. Marathon Petroleum's quarterly revenue was down 3.6% on a year-over-year basis. During the same period last year, the business posted $2.41 earnings per share. View Marathon Petroleum's Earnings History.

Marathon Petroleum is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Marathon Petroleum.

11 equities research analysts have issued 1-year price targets for Marathon Petroleum's shares. Their forecasts range from $67.00 to $90.00. On average, they anticipate Marathon Petroleum's share price to reach $75.50 in the next twelve months. This suggests a possible upside of 34.2% from the stock's current price. View Analyst Price Targets for Marathon Petroleum.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Petroleum in the last year. There are currently 3 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Marathon Petroleum.

Headlines about MPC stock have been trending somewhat positive recently, according to InfoTrie. The research firm scores the sentiment of news coverage by analyzing 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 media sentiment score of 2.0 on InfoTrie's scale. They also gave media 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 effect on the stock's share price in the near term. View News Stories for Marathon Petroleum.

Marathon Petroleum saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 16,380,000 shares, an increase of 6.0% from the January 15th total of 15,460,000 shares. Based on an average daily trading volume, of 5,570,000 shares, the days-to-cover ratio is currently 2.9 days. Currently, 2.5% 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), PBF Energy (PBF), World Fuel Services (INT), Delek US (DK), Renewable Energy Group (REGI), Clean Energy Fuels (CLNE), REX American Resources (REX), Green Plains (GPRE), Amyris (AMRS), 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), General Electric (GE), Cisco Systems (CSCO), Valero Energy (VLO), Micron Technology (MU), Chevron (CVX) and Walt Disney (DIS).

Marathon Petroleum's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (4.99%), Boston Partners (2.62%), Bank of New York Mellon Corp (1.71%), Geode Capital Management LLC (1.43%), LSV Asset Management (0.84%) and FMR LLC (0.84%). Company insiders that own Marathon Petroleum stock include Charles E Bunch, 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 FMR LLC, Iridian Asset Management LLC CT, Panagora Asset Management Inc., Bank of New York Mellon Corp, Lord Abbett & CO. LLC, Janus Henderson Group PLC, Massachusetts Financial Services Co. MA and Snow Capital Management LP. View Insider Buying and Selling for Marathon Petroleum.

MPC stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Renaissance Technologies LLC, AQR Capital Management LLC, Man Group plc, Alliancebernstein L.P., Empyrean Capital Partners LP, Toronto Dominion Bank and Prudential Financial Inc.. Company insiders that have bought Marathon Petroleum stock in the last two years include Charles E Bunch, Donald C Templin, James E Rohr and Steven A Davis. View Insider Buying and Selling 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 $56.28.

Marathon Petroleum has a market capitalization of $36.54 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 60,350 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]