NYSE:MPC - Marathon 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. Since then, MPC shares have decreased by 26.2% and is now trading at $23.15. View which stocks have been mosted impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Petroleum in the last year. There are currently 1 sell rating, 3 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 Thursday, April 30th 2020. View our earnings forecast for Marathon Petroleum.

Marathon Petroleum will be holding an earnings conference call on Thursday, April 30th 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) announced its quarterly earnings results on Wednesday, January, 29th. The oil and gas company reported $1.56 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.71. The oil and gas company earned $31.38 billion during the quarter, compared to the consensus estimate of $30.07 billion. Marathon Petroleum had a net margin of 2.11% and a return on equity of 7.45%. Marathon Petroleum's revenue was down 3.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.41 EPS. View Marathon Petroleum's earnings history.

Marathon Petroleum announced a quarterly dividend on Tuesday, January 28th. Stockholders 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 10.02%. 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.

12 equities research analysts have issued 12 month price targets for Marathon Petroleum's shares. Their forecasts range from $35.00 to $90.00. On average, they expect Marathon Petroleum's share price to reach $65.55 in the next twelve months. This suggests a possible upside of 183.1% from the stock's current price. View analysts' price targets for Marathon Petroleum.

Media coverage about MPC stock has been trending negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive 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 nearest to five being the most favorable. Marathon Petroleum earned a media sentiment score of -2.0 on InfoTrie's scale. They also gave headlines 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 effect on the stock's share price in the near term. View the latest news aboutMarathon Petroleum.

Marathon Petroleum saw a increase in short interest in March. As of March 13th, there was short interest totaling 21,834,600 shares, an increase of 24.0% from the February 27th total of 17,610,000 shares. Based on an average daily volume of 6,920,000 shares, the days-to-cover ratio is currently 3.2 days. Approximately 3.4% 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), World Fuel Services (INT), Delek US (DK), PBF Energy (PBF), Renewable Energy Group (REGI), Clean Energy Fuels (CLNE), Amyris (AMRS), REX American Resources (REX), Green Plains (GPRE), 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), Cisco Systems (CSCO), General Electric (GE), Micron Technology (MU), Valero Energy (VLO), Chevron (CVX) and Exxon Mobil (XOM).

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

Marathon Petroleum's stock is owned by a number of institutional and retail investors. Top institutional shareholders include State Street Corp (4.99%), Boston Partners (2.62%), Bank of New York Mellon Corp (1.71%), Geode Capital Management LLC (1.43%), Norges Bank (1.08%) and LSV Asset Management (0.84%). Company insiders that own Marathon Petroleum stock include 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 activity for Marathon Petroleum.

MPC stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Boston Partners, Renaissance Technologies LLC, AQR Capital Management LLC, Man Group plc, Alliancebernstein L.P., Empyrean Capital Partners LP, and Toronto Dominion Bank. 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 $23.15.

Marathon Petroleum has a market capitalization of $15.04 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. 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]