Marathon Petroleum Corporation Company Profile (NYSE:MPC)

About Marathon Petroleum Corporation (NYSE:MPC)

Marathon Petroleum Corporation logoMarathon Petroleum Corporation is engaged in refining, marketing, retail and transportation businesses in the United States and the largest east of the Mississippi. The Company operates through three segments: Refining & Marketing; Speedway; and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at the Company's seven refineries in the Gulf Coast and Midwest regions of the United States. Its Speedway segment sells transportation fuels and convenience products in the retail market in the Midwest, East Coast and Southeast regions of the United States. The Company's Midstream is engaged in the operations of MPLX LP and certain other related operations. It gathers, processes and transports natural gas, natural gas liquids (NGLs), crude oil and refined products. MPLX is a limited partnership which owns, operates, develops and acquires midstream energy infrastructure assets.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Refining and Marketing
  • Sub-Industry: Oil & Gas Refining & Marketing
  • Symbol: NYSE:MPC
  • CUSIP: 56585A10
  • Web: www.marathonpetroleum.com
Capitalization:
  • Market Cap: $29.1 billion
  • Outstanding Shares: 506,254,000
Average Prices:
  • 50 Day Moving Avg: $55.01
  • 200 Day Moving Avg: $53.06
  • 52 Week Range: $40.01 - $57.74
P/E:
  • Trailing P/E Ratio: 34.28
  • Foreward P/E Ratio: 14.37
  • P/E Growth: 1.02
Sales & Book Value:
  • Annual Revenue: $60.96 billion
  • Price / Sales: 0.48
  • Book Value: $24.97 per share
  • Price / Book: 2.30
Dividend:
  • Annual Dividend: $1.60
  • Dividend Yield: 2.5%
Profitability:
  • EBITDA: $4.41 billion
  • Net Margins: 1.34%
  • Return on Equity: 5.52%
  • Return on Assets: 2.45%
Debt:
  • Debt-to-Equity Ratio: 0.64%
  • Current Ratio: 1.55%
  • Quick Ratio: 0.72%
Misc:
  • Average Volume: 3.93 million shs.
  • Beta: 1.56
 

Frequently Asked Questions for Marathon Petroleum Corporation (NYSE:MPC)

What is Marathon Petroleum Corporation's stock symbol?

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

How often does Marathon Petroleum Corporation pay dividends? What is the dividend yield for Marathon Petroleum Corporation?

Marathon Petroleum Corporation announced a quarterly dividend on Thursday, July 27th. Shareholders of record on Wednesday, August 16th will be given a dividend of $0.40 per share on Monday, September 11th. This represents a $1.60 dividend on an annualized basis and a yield of 2.78%. The ex-dividend date of this dividend is Monday, August 14th. This is a boost from Marathon Petroleum Corporation's previous quarterly dividend of $0.36. View Marathon Petroleum Corporation's Dividend History.

How were Marathon Petroleum Corporation's earnings last quarter?

Marathon Petroleum Corporation (NYSE:MPC) issued its quarterly earnings data on Thursday, July, 27th. The company reported $1.03 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.04 by $0.01. The firm had revenue of $18.35 billion for the quarter, compared to analyst estimates of $19.98 billion. Marathon Petroleum Corporation had a return on equity of 5.52% and a net margin of 1.34%. The business's revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.07 earnings per share. View Marathon Petroleum Corporation's Earnings History.

When will Marathon Petroleum Corporation make its next earnings announcement?

Marathon Petroleum Corporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Marathon Petroleum Corporation.

Where is Marathon Petroleum Corporation's stock going? Where will Marathon Petroleum Corporation's stock price be in 2017?

16 brokers have issued twelve-month target prices for Marathon Petroleum Corporation's shares. Their forecasts range from $47.00 to $71.00. On average, they expect Marathon Petroleum Corporation's stock price to reach $60.29 in the next year. View Analyst Ratings for Marathon Petroleum Corporation.

Who are some of Marathon Petroleum Corporation's key competitors?

Who are Marathon Petroleum Corporation's key executives?

Marathon Petroleum Corporation's management team includes the folowing people:

  • Gary R. Heminger, Chairman of the Board, Chief Executive Officer
  • Donald C. Templin, President
  • Timothy T. Griffith, Chief Financial Officer, Senior Vice President
  • Anthony R. Kenney, President of Speedway LLC
  • Thomas M. Kelley, Senior Vice President - Marketing
  • Rodney P. Nichols, Senior Vice President - Human Resources and Administrative Services
  • Raymond L. Brooks, Senior Vice President - Refining
  • C. Michael Palmer, Senior Vice President - Supply, Distribution & Planning
  • John S. Swearingen, Senior Vice President, Transportation and Logistics
  • Donald W. Wehrly, Chief Information Officer, Vice President

Who owns Marathon Petroleum Corporation stock?

Marathon Petroleum Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include APG Asset Management N.V. (0.59%), Douglas Lane & Associates LLC (0.16%), Sit Investment Associates Inc. (0.08%), Robeco Institutional Asset Management B.V. (0.06%), Assenagon Asset Management S.A. (0.05%) and PGGM Investments (0.04%). Company insiders that own Marathon Petroleum Corporation stock include C Michael Palmer, Charles E Bunch, Pamela KM Beall, Steven A Davis and Thomas M Kelley. View Institutional Ownership Trends for Marathon Petroleum Corporation.

Who sold Marathon Petroleum Corporation stock? Who is selling Marathon Petroleum Corporation stock?

Marathon Petroleum Corporation's stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Meeder Asset Management Inc., Douglas Lane & Associates LLC, State Treasurer State of Michigan, Sit Investment Associates Inc., Eqis Capital Management Inc., Private Asset Management Inc. and Town & Country Bank & Trust CO dba First Bankers Trust CO. Company insiders that have sold Marathon Petroleum Corporation stock in the last year include C Michael Palmer and Thomas M Kelley. View Insider Buying and Selling for Marathon Petroleum Corporation.

Who bought Marathon Petroleum Corporation stock? Who is buying Marathon Petroleum Corporation stock?

Marathon Petroleum Corporation's stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Assenagon Asset Management S.A., Barometer Capital Management Inc., Wendell David Associates Inc., Wealth Enhancement Advisory Services LLC, Mutual of America Capital Management LLC, Sumitomo Life Insurance Co. and Carnick & Kubik Group LLC. Company insiders that have bought Marathon Petroleum Corporation stock in the last two years include Charles E Bunch and Steven A Davis. View Insider Buying and Selling for Marathon Petroleum Corporation.

How do I buy Marathon Petroleum Corporation stock?

Shares of Marathon Petroleum Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Marathon Petroleum Corporation's stock price today?

One share of Marathon Petroleum Corporation stock can currently be purchased for approximately $57.49.


MarketBeat Community Rating for Marathon Petroleum Corporation (NYSE MPC)
Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  588 (Vote Outperform)
Underperform Votes:  326 (Vote Underperform)
Total Votes:  914
MarketBeat's community ratings are surveys of what our community members think about Marathon Petroleum Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Marathon Petroleum Corporation (NYSE:MPC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Hold Ratings, 10 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $60.29 (4.86% upside)
Consensus Price Target History for Marathon Petroleum Corporation (NYSE:MPC)
Price Target History for Marathon Petroleum Corporation (NYSE:MPC)
Analysts' Ratings History for Marathon Petroleum Corporation (NYSE:MPC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017Citigroup Inc.Boost Price TargetBuy$67.00 -> $69.00N/AView Rating Details
10/17/2017Cowen and CompanyReiterated RatingBuy$60.00N/AView Rating Details
10/10/2017Barclays PLCReiterated RatingOverweight$62.00 -> $63.00N/AView Rating Details
10/6/2017Edward JonesUpgradeHold -> BuyN/AView Rating Details
10/3/2017Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$63.00LowView Rating Details
9/6/2017Jefferies Group LLCReiterated RatingBuy$65.00 -> $64.00LowView Rating Details
9/5/2017Wells Fargo & CompanyDowngradeOutperform -> Market Perform$65.00 -> $56.00MediumView Rating Details
9/5/2017Bank of America CorporationDowngradeBuy -> NeutralMediumView Rating Details
9/1/2017ScotiabankReiterated RatingHold$55.00LowView Rating Details
8/31/2017Royal Bank Of CanadaReiterated RatingBuy$71.00LowView Rating Details
7/14/2017Credit Suisse GroupReiterated RatingBuy$64.00MediumView Rating Details
5/25/2017Piper Jaffray CompaniesReiterated RatingOverweight -> Overweight$62.00MediumView Rating Details
5/22/2017US Capital AdvisorsReiterated RatingBuyLowView Rating Details
12/7/2016J P Morgan Chase & CoUpgradeNeutral -> Overweight$46.00 -> $57.00N/AView Rating Details
10/31/2016Raymond James Financial, Inc.UpgradeOutperform -> Strong-Buy$47.00 -> $54.00N/AView Rating Details
10/28/2016Howard WeilBoost Price TargetSector Perform$45.00 -> $47.00N/AView Rating Details
2/9/2016Deutsche Bank AGReiterated RatingBuy$70.00 -> $64.00N/AView Rating Details
1/15/2016Morgan StanleyReiterated RatingBuy$85.00 -> $65.00N/AView Rating Details
12/2/2015Wolfe ResearchBoost Price TargetOutperform$60.00 -> $65.00N/AView Rating Details
11/25/2015Oppenheimer Holdings, Inc.Reiterated RatingOutperform$60.00 -> $70.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Marathon Petroleum Corporation (NYSE:MPC)
Earnings by Quarter for Marathon Petroleum Corporation (NYSE:MPC)
Earnings History by Quarter for Marathon Petroleum Corporation (NYSE MPC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017$1.13N/AView Earnings Details
7/27/2017Q2 2017$1.04$1.03$19.98 billion$18.35 billionViewN/AView Earnings Details
4/27/2017Q1 2017($0.01)$0.06$19.03 billion$16.39 billionViewN/AView Earnings Details
2/1/2017Q416$0.26$0.43$14.54 billion$17.28 billionViewListenView Earnings Details
10/27/2016Q316$0.78$0.58$17.18 billion$16.46 billionViewListenView Earnings Details
7/28/2016Q216$0.97$1.07$16.30 billion$16.81 billionViewListenView Earnings Details
4/28/2016Q116$0.15$0.06$13.08 billion$12.83 billionViewListenView Earnings Details
2/3/2016Q415$0.69$0.79$16.35 billion$15.70 billionViewListenView Earnings Details
10/29/2015Q3$1.82$1.76$20.10 billion$18.76 billionViewListenView Earnings Details
7/30/2015Q215$1.76$1.51$19.29 billion$20.54 billionViewListenView Earnings Details
4/30/2015Q1$2.96$3.24$17.74 billion$17.24 billionViewListenView Earnings Details
2/4/2015Q414$1.38$2.86$19.86 billion$22.25 billionViewListenView Earnings Details
10/30/2014Q314$2.09$2.36$27.69 billion$25.48 billionViewListenView Earnings Details
7/31/2014Q214$2.15$2.95$22.87 billion$26.93 billionViewListenView Earnings Details
5/1/2014Q114$1.05$0.67$23.26 billion$23.35 billionViewListenView Earnings Details
1/29/2014Q413$1.03$2.10$20.15 billion$24.93 billionViewListenView Earnings Details
10/31/2013Q313$0.61$0.59$21.37 billion$26.27 billionViewListenView Earnings Details
8/1/2013Q2 2013$1.90$1.95$23.57 billion$25.70 billionViewListenView Earnings Details
4/30/2013Q1 2013$2.16$2.17$19.80 billion$23.30 billionViewListenView Earnings Details
1/30/2013Q4 2012$2.08$2.26$19.32 billion$20.68 billionViewListenView Earnings Details
11/1/2012Q312$3.23$3.31$19.59 billion$21.25 billionViewN/AView Earnings Details
7/31/2012$2.46$2.53ViewN/AView Earnings Details
5/1/2012$1.29$1.70ViewN/AView Earnings Details
2/1/2012($0.07)($0.21)ViewN/AView Earnings Details
11/1/2011$2.54$3.16ViewN/AView Earnings Details
8/2/2011$1.96$2.29ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Marathon Petroleum Corporation (NYSE:MPC)
2017 EPS Consensus Estimate: $2.78
2018 EPS Consensus Estimate: $1.78
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.01)($0.01)($0.01)
Q2 20172$0.97$1.40$1.19
Q3 20172$0.87$1.48$1.18
Q4 20172$0.40$0.45$0.43
Q1 20182($0.16)$0.05($0.06)
Q2 20182$0.46$1.33$0.90
Q3 20182$0.38$1.11$0.75
Q4 20182$0.17$0.21$0.19
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Marathon Petroleum Corporation (NYSE:MPC)
Most Recent Dividend:9/11/2017
Annual Dividend:$1.60
Dividend Yield:2.78%
Dividend Growth:20.90% (3 Year Average)
Payout Ratio:90.91% (Trailing 12 Months of Earnings)
48.93% (Based on This Year's Estimates)
40.00% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Marathon Petroleum Corporation (NYSE:MPC)

Dividend History by Quarter for Marathon Petroleum Corporation (NYSE MPC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/27/2017Quarterly$0.402.91%8/14/20178/16/20179/11/2017
4/27/2017quarterly$0.362.82%5/15/20175/17/20176/12/2017
1/27/2017Quarterly$0.362.98%2/14/20172/16/20173/10/2017
10/27/2016quarterly$0.363.36%11/14/201611/16/201612/12/2016
7/27/2016quarterly$0.363.77%8/15/20168/17/20169/12/2016
4/28/2016quarterly$0.323.12%5/16/20165/18/20166/10/2016
2/1/2016quarterly$0.322/12/20162/17/20163/10/2016
10/28/2015quarterly$0.322.5%11/17/201511/18/201512/10/2015
7/29/2015quarterly$0.322.37%8/17/20158/19/20159/10/2015
4/29/2015quarterly$0.502.03%5/18/20155/20/20156/10/2015
2/2/2015$0.502/13/20152/18/20153/10/2015
10/29/2014quarterly$0.502.21%11/17/201411/19/201412/10/2014
7/30/2014quarterly$0.502.39%8/18/20148/20/20149/10/2014
5/1/2014quarterly$0.421.76%5/19/20145/21/20146/10/2014
1/27/2014quarterly$0.422.02%2/14/20142/19/20143/10/2014
11/1/2013quarterly$0.422.37%11/18/201311/20/201312/10/2013
8/1/2013quarterly$0.422.24%8/19/20138/21/20139/10/2013
4/25/2013quarterly$0.351.72%5/14/20135/16/20136/10/2013
1/30/2013quarterly$0.351.89%2/15/20132/20/20133/11/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Marathon Petroleum Corporation (NYSE:MPC)
Insider Ownership Percentage: 1.05%
Institutional Ownership Percentage: 78.24%
Insider Trades by Quarter for Marathon Petroleum Corporation (NYSE:MPC)
Institutional Ownership by Quarter for Marathon Petroleum Corporation (NYSE:MPC)
Insider Trades by Quarter for Marathon Petroleum Corporation (NYSE:MPC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/14/2017C. Michael PalmerVPSell11,450$53.02$607,079.00View SEC Filing  
6/14/2017Thomas M. KelleyInsiderSell25,000$54.33$1,358,250.00View SEC Filing  
5/24/2017C. Michael PalmerVPSell4,000$53.25$213,000.00View SEC Filing  
5/18/2017C. Michael PalmerVPSell4,568$52.04$237,718.72View SEC Filing  
2/9/2017Charles E BunchDirectorBuy2,000$49.94$99,880.00View SEC Filing  
5/26/2016Steven A DavisDirectorBuy1,500$34.70$52,050.00View SEC Filing  
5/2/2016Charles E BunchDirectorBuy2,000$38.56$77,120.00View SEC Filing  
12/10/2015Pamela K.M. BeallVPSell47,342$52.73$2,496,343.66View SEC Filing  
8/20/2015James E RohrDirectorBuy2,400$53.40$128,160.00View SEC Filing  
8/20/2015Timothy T GriffithCFOBuy1,000$54.11$54,110.00View SEC Filing  
6/2/2015Pamela K.M. BeallVPSell26,673$102.92$2,745,185.16View SEC Filing  
5/20/2015Gary R HemingerCEOSell36,659$104.30$3,823,533.70View SEC Filing  
5/6/2015George P ShaffnerVPSell25,561$100.50$2,568,880.50View SEC Filing  
3/13/2015Steven A DavisDirectorBuy3,500$96.73$338,555.00View SEC Filing  
2/13/2015J. Michael WilderVPSell5,806$102.22$593,489.32View SEC Filing  
2/11/2015Thomas M KelleyVPSell20,467$101.39$2,075,149.13View SEC Filing  
11/28/2014Evan BayhDirectorBuy5,550$90.06$499,833.00View SEC Filing  
8/8/2014Michael G BraddockVPSell1,871$87.65$163,993.15View SEC Filing  
1/2/2014J. Michael WilderVPSell32,638$91.06$2,972,016.28View SEC Filing  
8/5/2013James RohrDirectorBuy6,300$71.37$449,631.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Marathon Petroleum Corporation (NYSE:MPC)
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Marathon Petroleum Corporation (MPC) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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