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NYSE:MPCMarathon Petroleum Stock Price, Forecast & News

$35.18
-1.40 (-3.83 %)
(As of 05/28/2020 04:00 PM ET)
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Today's Range
$34.96
Now: $35.18
$36.70
50-Day Range
$21.95
MA: $29.48
$36.83
52-Week Range
$15.26
Now: $35.18
$69.65
Volume6.99 million shs
Average Volume10.24 million shs
Market Capitalization$22.88 billion
P/E RatioN/A
Dividend Yield6.34%
Beta2.19
Marathon Petroleum Corp. is an independent petroleum product refiners, marketers and transporters in the United States. The company operates through the following segments: Refining & Marketing; Retail; and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products through various means, including barges, terminals and trucks that the company owns or operates. The Retail sells transportation fuels and convenience products in the retail market across the United States through company-owned and operated convenience stores, primarily under the Speedway brand, and long-term fuel supply contracts with direct dealers who operate locations mainly under the ARCO brand. The Midstream transports, stores, distributes and markets crude oil and refined products principally for the Refining & Marketing segment via refining logistics assets, pipelines, terminals, towboats and barges; gathers, processes and transports natural gas; and gathers, transports, fractionates, stores and markets NGLs. Marathon Petroleum was founded in 1887 and is headquartered in Findlay, OH.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 3.0Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.57 out of 5 stars


Industry, Sector and Symbol

Industry Petroleum refining
Sub-IndustryOil & Gas Refining & Marketing
SectorOils/Energy
CUSIP56585A10
Phone419-422-2121

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$124.88 billion
Cash Flow$10.23 per share
Book Value$48.02 per share

Profitability

Net Income$2.64 billion

Miscellaneous

Employees60,910
Market Cap$22.88 billion
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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Marathon Petroleum (NYSE:MPC) Frequently Asked Questions

How has Marathon Petroleum's stock been impacted by COVID-19 (Coronavirus)?

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 (WHO). Since then, MPC shares have increased by 12.2% and is now trading at $35.18. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Marathon Petroleum?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Petroleum in the last year. There are currently 1 sell rating, 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Marathon Petroleum.

When is Marathon Petroleum's next earnings date?

Marathon Petroleum is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Marathon Petroleum.

How were Marathon Petroleum's earnings last quarter?

Marathon Petroleum Corp (NYSE:MPC) issued its quarterly earnings data on Tuesday, May, 5th. The oil and gas company reported ($0.16) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.31) by $0.15. The oil and gas company earned $24.08 billion during the quarter, compared to the consensus estimate of $27.96 billion. Marathon Petroleum had a positive return on equity of 7.88% and a negative net margin of 5.48%. The firm's revenue was down 15.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.09) EPS. View Marathon Petroleum's earnings history.

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

Marathon Petroleum declared a quarterly dividend on Wednesday, April 29th. Stockholders of record on Wednesday, May 20th will be given a dividend of $0.58 per share on Wednesday, June 10th. This represents a $2.32 annualized dividend and a dividend yield of 6.59%. The ex-dividend date is Tuesday, May 19th. View Marathon Petroleum's dividend history.

What guidance has Marathon Petroleum issued on next quarter's earnings?

Marathon Petroleum issued an update on its first quarter 2020 After-Hours earnings guidance on Wednesday, April, 22nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $24.1-26.7 billion, compared to the consensus revenue estimate of $28.22 billion.

What price target have analysts set for MPC?

13 analysts have issued 12 month target prices for Marathon Petroleum's shares. Their forecasts range from $26.00 to $90.00. On average, they expect Marathon Petroleum's stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 56.3% from the stock's current price. View analysts' price targets for Marathon Petroleum.

Has Marathon Petroleum been receiving favorable news coverage?

Media coverage about MPC stock has been trending positive this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by monitoring 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 five, with scores closest to five being the most favorable. Marathon Petroleum earned a news impact score of 2.2 on InfoTrie's scale. They also assigned news coverage about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutMarathon Petroleum.

Are investors shorting Marathon Petroleum?

Marathon Petroleum saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 20,430,000 shares, an increase of 8.4% from the March 31st total of 18,840,000 shares. Based on an average trading volume of 11,020,000 shares, the short-interest ratio is currently 1.9 days. Approximately 3.2% of the shares of the company are short sold. View Marathon Petroleum's Current Options Chain.

Who are some of Marathon Petroleum's key competitors?

What other stocks do shareholders of Marathon Petroleum own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Marathon Petroleum investors own include AT&T (T), Bank of America (BAC), Intel (INTC), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), General Electric (GE), Valero Energy (VLO), Chevron (CVX), Exxon Mobil (XOM) and Walt Disney (DIS).

Who are Marathon Petroleum's key executives?

Marathon Petroleum's management team includes the following people:
  • Gary R. Heminger, Chairman & Chief Executive Officer
  • Glenn M. Plumby, Chief Operating Officer & Senior Vice President
  • Timothy T. Griffith, Chief Financial Officer & Senior Vice President
  • Donald W. Wehrly, Chief Information Officer & Vice President
  • Molly R. Benson, Secretary, Chief Governance & Compliance Officer

What is Marathon Petroleum's stock symbol?

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

Who are Marathon Petroleum's major shareholders?

Marathon Petroleum's stock is owned by a variety of institutional and retail investors. Top institutional investors include State Street Corp (5.36%), Wellington Management Group LLP (1.93%), Morgan Stanley (1.79%), Bank of New York Mellon Corp (1.65%), Geode Capital Management LLC (1.44%) and Alliancebernstein L.P. (1.14%). 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.

Which major investors are selling Marathon Petroleum stock?

MPC stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Toronto Dominion Bank, Invesco Ltd., Balyasny Asset Management LLC, AQR Capital Management LLC, Baird Financial Group Inc., AJO LP, and Tortoise Capital Advisors L.L.C.. View insider buying and selling activity for Marathon Petroleum.

Which major investors are buying Marathon Petroleum stock?

MPC stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Ceredex Value Advisors LLC, State Street Corp, Eminence Capital LP, APG Asset Management N.V., Alliancebernstein L.P., Wellington Management Group LLP, and MFN Partners Management LP. 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.

How do I buy shares of 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.

What is Marathon Petroleum's stock price today?

One share of MPC stock can currently be purchased for approximately $35.18.

How big of a company is Marathon Petroleum?

Marathon Petroleum has a market capitalization of $22.88 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.

What is Marathon Petroleum's official website?

The official website for Marathon Petroleum is www.marathonpetroleum.com.

How can I contact Marathon Petroleum?

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]

This page was last updated on 5/29/2020 by MarketBeat.com Staff

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