Marathon Petroleum Corporation (MPC)
| Market Cap | 110.25B +86.1% |
| Revenue (ttm) | 175.40B +31.3% |
| Net Income | 14.62B +407.5% |
| EPS | 50.21 +443.2% |
| Shares Out | 280.82M |
| PE Ratio | 7.82 |
| Forward PE | 4.98 |
| Dividend | $4.40 (1.12%) |
| Ex-Dividend Date | Nov 18, 2026 |
| Volume | 4,039,643 |
| Open | 417.90 |
| Previous Close | 427.34 |
| Day's Range | 379.10 - 420.00 |
| 52-Week Range | 161.93 - 493.98 |
| Beta | 0.51 |
| Analysts | Buy |
| Price Target | 457.29 (+16.47%) |
| Earnings Date | Nov 3, 2026 |
About MPC
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States. The company operates through three segments: Refining & Marketing; Midstream; and Renewable Diesel. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products through transportation, storage, distribution, and marke... [Read more]
Financial Performance
In 2025, Marathon Petroleum's revenue was $133.17 billion, a decrease of -4.42% compared to the previous year's $139.34 billion. Earnings were $4.04 billion, an increase of 17.46%.
Financial StatementsAnalyst Summary
According to 18 analysts, the average rating for MPC stock is "Buy." The 12-month stock price target is $457.29, which is an increase of 16.47% from the latest price.
News
Marathon Petroleum price target raised to $425 from $297 at Freedom Broker
Freedom Broker analyst Sergey Pigarev raised the firm’s price target on Marathon Petroleum (MPC) to $425 from $297 and keeps a Hold rating on the shares. The firm says the…
Oil Stocks Chevron (CVX), Marathon (MPC), and Exxon Mobil (XOM) Take a Beating on Midterm Results
Oil stocks Chevron, Marathon, and Exxon Mobil took a beating on Wednesday after Democrats won the Senate.
Marathon Petroleum price target raised to $564 from $560 at Wells Fargo
Wells Fargo analyst Sam Margolin raised the firm’s price target on Marathon Petroleum (MPC) to $564 from $560 and keeps an Overweight rating on the shares. The firm says Marathon’s…
Marathon Petroleum price target raised to $458 from $453 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Marathon Petroleum (MPC) to $458 from $453 and keeps an Overweight rating on the shares after a Q3 beat and the $4.2B…
Marathon Petroleum Earnings Call Transcript: Q3 2026
Q3 delivered $11.7B of adjusted EBITDA and record 100% refinery utilization, supported by strong margins and execution. The planned $4.2B MidCon asset sale shifts strategic investment toward the Gulf Coast, while management remains constructive on refining and midstream outlooks.
Marathon Petroleum Slides: Q3 2026
Marathon Petroleum has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 3, 2026.
Marathon Petroleum Earnings release: Q3 2026
Marathon Petroleum released its Q3 2026 earnings on November 3, 2026, summarizing the period's financial results.
Marathon Petroleum Quarterly report: Q3 2026
Marathon Petroleum has published its Q3 2026 quarterly earnings report on November 3, 2026.
Marathon beats quarterly estimates, to sell two refineries to CVR Energy
Marathon Petroleum on Tuesday beat Wall Street estimates for third-quarter profit on stronger refining margins and struck a $4.2 billion deal to sell two refineries and related midstream assets to Car...
Marathon Petroleum, MPLX to divest two refineries to CVR Energy for $4.2B
Marathon Petroleum (MPC) and MPLX (MPLX) jointly announced they have entered into a definitive agreement to divest the St. Paul Park, Minnesota, and Mandan, North Dakota, refineries, inclusive of rela...
What Venezuela's Return Means for Canadian Midstream
Venezuela's return as a major crude supplier to the U.S. is reshaping the market for heavy crude. Venezuelan barrels have overtaken Canadian crude in Gulf Coast imports and, along with record freight ...
CVR Energy (CVI) Strikes $4.2B Deal to Buy Marathon Petroleum’s Two Refineries
CVR Energy ($CVI) stock rose in Tuesday’s pre-market trading after the company announced an agreement to acquire Marathon Petroleum’s ($MPC) St. Paul Park, Minnesota, and Mandan, North Dakota, refiner...
Marathon Petroleum reports Q3 adjusted EPS $26.93, consensus $26.00
Reports Q3 revenue $56.49B, consensus $43.81B. “Our value chain capabilities remain a defining advantage for us, capturing opportunities to enhance margins across dynamic market conditions,” said Chai...
Marathon Petroleum Corp. Reports Third-Quarter 2026 Results
FINDLAY, Ohio, Nov. 3, 2026 /PRNewswire/ -- Third-quarter net income attributable to MPC of $7.4 billion, or $26.59 per diluted share, adjusted net income of $7.5 billion, or $26.93 per diluted share ...
CVR Energy to buy 2 refineries and marketing platform from Marathon for $4.2B
CVR Energy (CVI) announced that it has entered into a definitive agreement with subsidiaries of Marathon Petroleum Corporation (MPC) under which CVR Energy would acquire Marathon’s St. Paul Park, Minn...
Marathon Petroleum Corp to Divest Minnesota and North Dakota Refineries & MPLX LP to Divest Related Midstream Assets
FINDLAY, Ohio, Nov. 3, 2026 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) and MPLX LP (NYSE: MPLX) today jointly announced they have entered into a definitive agreement to divest the St. Paul P...
CVR Energy Announces Transformative Transaction to Acquire 2 Refineries and Marketing Platform From Marathon Petroleum
SUGAR LAND, Texas--(BUSINESS WIRE)--CVR Energy, Inc. (NYSE: CVI) (“CVR Energy”) today announced that it has entered into a definitive agreement with subsidiaries of Marathon Petroleum Corporation (NYS...
CVR Energy nears over $4B deal to buy Marathon refineries, WSJ reports
CVR Energy (CVI), controlled by investor Carl Icahn, is nearing a more than $4B deal to acquire refineries from Marathon Petroleum (MPC), with an announcement expected Tuesday if talks conclude…
David Constable to join Marathon Petroleum Corporation Board of Directors
FINDLAY, Ohio, Oct. 29, 2026 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) today announced that David E. Constable has been elected to the company's board of directors, effective March 1, 2027.
Marathon Petroleum increases quarterly dividend 10% to $1.10
Marathon Petroleum (MPC) has declared a dividend of $1.10 per share on common stock, an increase of 10% over its previous dividend of $1.00 per share. The dividend is payable…
Marathon Petroleum Corp. Increases Quarterly Dividend
FINDLAY, Ohio, Oct. 28, 2026 /PRNewswire/ -- The board of directors of Marathon Petroleum Corp. (NYSE: MPC) has declared a dividend of $1.10 per share on common stock, an increase of 10% over its prev...
U.S. oil-refinery stocks are up roughly 150% this year. How long could this historic run last?
Analyst predicts the ‘mother of all maintenance seasons' for refineries that have been running at high capacity
Marathon Petroleum price target raised to $478 from $450 at TD Cowen
TD Cowen raised the firm’s price target on Marathon Petroleum (MPC) to $478 from $450 and keeps a Buy rating on the shares. The firm adjusted targets in the refining…
Marathon Petroleum price target raised to $498 from $426 at BofA
BofA analyst Jean Ann Salisbury raised the firm’s price target on Marathon Petroleum (MPC) to $498 from $426 and keeps a Neutral rating on the shares. In Q3, oil prices…
Marathon Petroleum price target raised to $560 from $445 at Raymond James
Raymond James raised the firm’s price target on Marathon Petroleum (MPC) to $560 from $445 and keeps an Outperform rating on the shares.