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 Wednesday, October 30th. Shareholders of record on Wednesday, November 20th will be given a dividend of $0.53 per share on Tuesday, December 10th. This represents a $2.12 annualized dividend and a yield of 3.73%. The ex-dividend date of this dividend is Tuesday, November 19th. View Marathon Petroleum's Dividend History.

Marathon Petroleum Corp (NYSE:MPC) issued its quarterly earnings results on Thursday, October, 31st. The oil and gas company reported $1.63 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.30 by $0.33. The oil and gas company had revenue of $31.20 billion for the quarter, compared to analysts' expectations of $32.89 billion. Marathon Petroleum had a net margin of 2.50% and a return on equity of 8.94%. The company's revenue for the quarter was up 34.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.70 EPS. View Marathon Petroleum's Earnings History.

Marathon Petroleum is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Marathon Petroleum.

Marathon Petroleum will be holding an earnings conference call on Wednesday, January 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

12 brokerages have issued 1-year target prices for Marathon Petroleum's stock. Their forecasts range from $60.00 to $90.00. On average, they expect Marathon Petroleum's stock price to reach $73.47 in the next year. This suggests a possible upside of 29.1% from the stock's current price. View Analyst Price Targets for Marathon Petroleum.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Petroleum in the last year. There are currently 3 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Marathon Petroleum.

Media coverage about MPC stock has trended negative on Tuesday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Marathon Petroleum earned a media sentiment score of -2.5 on InfoTrie's scale. They also assigned news stories 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 impact on the company's share price in the near future. View News Stories for Marathon Petroleum.

Marathon Petroleum saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 15,460,000 shares, an increase of 5.7% from the December 15th total of 14,630,000 shares. Based on an average trading volume of 5,590,000 shares, the days-to-cover ratio is currently 2.8 days. Currently, 2.4% of the shares of the stock 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), Micron Technology (MU), Alibaba Group (BABA), Chevron (CVX) and Valero Energy (VLO).

Marathon Petroleum's stock is owned by a number of of institutional and retail investors. Top institutional investors include Calamos Advisors LLC (0.09%), Scout Investments Inc. (0.08%), Manning & Napier Group LLC (0.04%), Nisa Investment Advisors LLC (0.04%), Raymond James Trust N.A. (0.02%) and Tocqueville Asset Management L.P. (0.02%). 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 Commerzbank Aktiengesellschaft FI, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Nisa Investment Advisors LLC, Private Capital Advisors Inc., Zeke Capital Advisors LLC, State of Alaska Department of Revenue, Sciencast Management LP and Viking Fund Management LLC. View Insider Buying and Selling for Marathon Petroleum.

MPC stock was acquired by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, Scout Investments Inc., Bowling Portfolio Management LLC, Alpine Global Management LLC, Manning & Napier Group LLC, Steward Partners Investment Advisory LLC, Tocqueville Asset Management L.P. and 180 Wealth Advisors LLC. 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 $56.89.

Marathon Petroleum has a market capitalization of $36.94 billion and generates $97.10 billion in revenue each year. The oil and gas company earns $2.78 billion in net income (profit) each year or $6.78 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]