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 announced 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 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date is Tuesday, February 18th. This is an increase 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 EPS for the quarter, topping the consensus estimate of $0.85 by $0.71. The oil and gas company had revenue of $31.38 billion for the quarter, compared to analyst estimates of $30.07 billion. Marathon Petroleum had a return on equity of 7.42% and a net margin of 2.11%. Marathon Petroleum's revenue was down 3.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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 brokerages have issued twelve-month price targets for Marathon Petroleum's stock. Their forecasts range from $67.00 to $90.00. On average, they expect Marathon Petroleum's stock price to reach $74.80 in the next year. This suggests a possible upside of 32.3% 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.

News stories about MPC stock have trended neutral on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Marathon Petroleum earned a news impact score of 0.3 on InfoTrie's scale. They also assigned news coverage about the oil and gas company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Marathon Petroleum.

Marathon Petroleum saw a increase in short interest in 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 volume of 5,570,000 shares, the days-to-cover ratio is presently 2.9 days. Currently, 2.5% 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), 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 Alibaba Group (BABA).

Marathon Petroleum's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (4.99%), Boston Partners (2.62%), Bank of New York Mellon Corp (1.71%), LSV Asset Management (0.84%), FMR LLC (0.84%) and Alliancebernstein L.P. (0.83%). 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 $56.56.

Marathon Petroleum has a market capitalization of $36.72 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]