Marathon Petroleum Corporation (MPC)
| Market Cap | 48.78B |
| Revenue (ttm) | 139.34B |
| Net Income (ttm) | 3.45B |
| Shares Out | 316.00M |
| EPS (ttm) | 10.08 |
| PE Ratio | 15.31 |
| Forward PE | 18.51 |
| Dividend | $3.64 (2.36%) |
| Ex-Dividend Date | Feb 19, 2025 |
| Volume | 1,167,228 |
| Open | 155.95 |
| Previous Close | 158.27 |
| Day's Range | 153.51 - 158.38 |
| 52-Week Range | 130.54 - 221.11 |
| Beta | 1.40 |
| Analysts | Buy |
| Price Target | 180.38 (+16.86%) |
| Earnings Date | Feb 4, 2025 |
About MPC
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. The company operates through Refining & Marketing, and Midstream segments. 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, including renewable diesel, through transportation, storage, distribut... [Read more]
Financial Performance
In 2024, Marathon Petroleum's revenue was $139.34 billion, a decrease of -6.70% compared to the previous year's $149.35 billion. Earnings were $3.45 billion, a decrease of -64.38%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for MPC stock is "Buy." The 12-month stock price forecast is $180.38, which is an increase of 16.86% from the latest price.
News
The Next Big Opportunity: My Favorite Dividend Stocks For The Shift Ahead
I believe we're at a turning point for cyclical stocks, with improving indicators and global growth signaling potential outperformance in industrials, energy, and transportation. I'm positioning my po...
Marathon Petroleum Corp. prices $2.0 billion senior notes offering
FINDLAY, Ohio , Feb. 6, 2025 /PRNewswire/ -- Marathon Petroleum Corporation (NYSE: MPC) announced today that it has priced $2.0 billion in aggregate principal amount of unsecured senior notes in an un...
Marathon Petroleum Corporation (MPC) Q4 2024 Earnings Call Transcript
Marathon Petroleum Corporation (NYSE:MPC) Q4 2024 Earnings Conference Call February 4, 2025 11:00 AM ET Company Participants Kristina Kazarian - IR Maryann Mannen - CEO John Quaid - CFO Rick Hessling...
Marathon Petroleum: Further Upside Likely After A Better-Than-Feared Q4
Marathon Petroleum Corporation has faced challenges due to tighter crack spreads, but its MLP, MPLX, has performed well, contributing to a solid earnings report and supporting shares. MPC's refining o...
Marathon Petroleum Corp. Reports Fourth-Quarter 2024 Results and 2025 Capital Outlook
FINDLAY, Ohio , Feb. 4, 2025 /PRNewswire/ -- Fourth -quarter net income attributable to MPC of $371 million, or $1.15 per diluted share; adjusted net income of $249 million, or $0.77 per adjusted dilu...
Refiners Would Pay Tariffs on Oil. Why Some Stocks Are Rising Anyway.
Some of the biggest names in the sector were up, even though the broader stock market was down.,
Marathon Petroleum Corp. to host 2025 annual meeting of shareholders
FINDLAY, Ohio , Jan. 24, 2025 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) announced today that its annual meeting of shareholders will take place April 30, 2025, at 10 a.m. ET in a virtual-on...
Marathon Petroleum Corp. Announces Quarterly Dividend
FINDLAY, Ohio , Jan. 24, 2025 /PRNewswire/ -- The board of directors of Marathon Petroleum Corp. (NYSE: MPC) has declared a dividend of $0.91 per share on common stock. The dividend is payable March 1...
Struggling to find how 'drill, baby, drill' will work, says top oil analyst Paul Sankey
Paul Sankey, Sankey Research, joins 'Fast Money' to talk why he thinks oil prices will climb under Trump 2.0.
Marathon Petroleum: Low Valuation And MPLX Ownership Make It A Buy
Marathon Petroleum is a Buy due to its 64% ownership in MPLX. MPC's market cap is $43 billion, with its MPLX stake valued at $31 billion, leaving refining assets valued at just $12 billion.
Marathon Petroleum Corp. to Report Fourth-Quarter and Full-Year Financial Results on February 4, 2025
FINDLAY, Ohio , Dec. 11, 2024 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call on Tuesday, February 4, 2025, at 11 a.m. EST to discuss 2024 fourth-quarter and full-year...
LF Bioenergy Expands Renewable Natural Gas Project Footprint, Bringing its Cumulative Environmental Benefits Equivalent to Reducing 60 Million Gasoline Miles
Aiming for 15 RNG projects to be operational by 2027, the organization also adds a VP of Commercial to its executive leadership team DALLAS , Dec. 11, 2024 /PRNewswire/ -- LF Bioenergy, a renewable na...
Trade Tracker: Bill Baruch buys Coeur Mining and sells Marathon Petroleum
Bill Baruch, Founder & President Blue Line Capital, joins CNBC's “Halftime Report” to detail his latest portfolio moves.
These Could Be The Last 2 Cheap Dividends After The Election Bounce
Trump's win cements what we've been saying for months: You can forget about a hard landing or a soft landing—This economy is headed for no landing at all.
Marathon's Q3 Performance Surges Above Forecasts, But Analyst Flags Caution On Mid-Con Outlook For Q4
Marathon Petroleum Corporation MPC shares are trading higher on Wednesday. Scotiabank analyst Paul.
Marathon Petroleum: Shares Are Attractive Despite Muted Q3 Results
Marathon Petroleum shares have dropped significantly, but Q3 earnings exceeded expectations, boosting the stock by over 3% and reinforcing my bullish stance. The Company's refining operations' implied...
Marathon Petroleum Corporation (MPC) Q3 2024 Earnings Call Transcript
Marathon Petroleum Corporation. (NYSE:MPC) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Kristina Kazarian - IR Maryann Mannen - CEO John Quaid - CFO Rick Hesslin...
Marathon Petroleum's quarterly profit drops on weak refining margins
Marathon Petroleum reported a lower third-quarter profit on Tuesday as the top U.S. refiner took a hit from weak fuel demand which shrunk refining margins.
MPLX LP Reports Third-Quarter 2024 Financial Results
FINDLAY, Ohio , Nov. 5, 2024 /PRNewswire/ -- Third -quarter net income attributable to MPLX of $1.0 billion and net cash provided by operating activities of $1.4 billion $1.7 billion of adjusted EBITD...
Marathon Petroleum Corp. Reports Third-Quarter 2024 Results
FINDLAY, Ohio , Nov 5, 2024 /PRNewswire/ -- Third -quarter net income attributable to MPC of $622 million, or $1.87 per diluted share $2.5 billion of adjusted EBITDA and $1.7 billion of net cash prov...
Marathon Petroleum Corporation announces election of new director
FINDLAY, Ohio , Oct. 31, 2024 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) today announced that Jeffrey C. Campbell has been elected to the company's board of directors effective November 11, ...
Marathon Petroleum Corp. Increases Quarterly Dividend
FINDLAY, Ohio , Oct. 30, 2024 /PRNewswire/ -- The board of directors of Marathon Petroleum Corp. (NYSE: MPC) has declared a dividend of $0.91 per share on common stock, an increase of 10% over its pre...