Marathon Petroleum Corporation (MPC)
| Market Cap | 112.17B +104.7% |
| Revenue (ttm) | 154.15B +15.2% |
| Net Income | 8.55B +300.7% |
| EPS | 28.75 +329.5% |
| Shares Out | 280.82M |
| PE Ratio | 13.83 |
| Forward PE | 7.85 |
| Dividend | $4.00 (1.00%) |
| Ex-Dividend Date | Aug 19, 2026 |
| Volume | 1,964,115 |
| Open | 401.58 |
| Previous Close | 397.77 |
| Day's Range | 393.54 - 402.00 |
| 52-Week Range | 161.93 - 402.00 |
| Beta | 0.53 |
| Analysts | Buy |
| Price Target | 333.39 (-16.54%) |
| Earnings Date | Aug 4, 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 19 analysts, the average rating for MPC stock is "Buy." The 12-month stock price target is $333.39, which is a decrease of -16.54% from the latest price.
News
Marathon Petroleum price target raised to $450 from $321 at UBS
UBS raised the firm’s price target on Marathon Petroleum (MPC) to $450 from $321 and keeps a Buy rating on the shares. Marathon is well positioned for sustained value creation…
Marathon Petroleum price target raised to $462 from $344 at Piper Sandler
Piper Sandler analyst John Royall raised the firm’s price target on Marathon Petroleum (MPC) to $462 from $344 and keeps an Overweight rating on the shares. The firm is updating…
Lasting Energy Chokeholds Present Buy Opportunities Across Sector
Rob Thummel discusses the "huge" impact the U.S.-Iran war has had on the global energy trade as crude oil, diesel, and jet fuel supplies deplete. Companies like Valero Energy (VLO), Phillips 66 (PSX),...
Marathon Petroleum price target raised to $400 from $359 at Wells Fargo
Wells Fargo raised the firm’s price target on Marathon Petroleum (MPC) to $400 from $359 and keeps an Overweight rating on the shares. The firm notes that the EPA has…
Trump to meet refiners, fuel retailers as Iran war pressures gas prices ahead of midterms, sources say
President Donald Trump is expected to convene U.S. refiners and fuel retailers next week to highlight efforts to lower gasoline prices, as his administration seeks to ease pressure on consu...
Trump's Latest Gasoline Move Could Cut Prices—and Increase Smog
The EPA is allowing an earlier switch to cheaper winter-grade gasoline, potentially shaving 10 to 30 cents a gallon off prices. The relief may be short-lived.
Why Oil Refiner Stocks Can Keep Gaining
While crude oil is up about 50% in 2026, gasoline and diesel have risen more sharply. And the refiners are along for the ride.
Phillips 66, Marathon Petroleum held merger talks this year, Semafor says
Phillips 66 (PSX) and Marathon Petroleum (MPC) held talks earlier this year over a potential $180B merger that ultimately collapsed, with the combination’s roughly 25% share of U.S. refining capacity…
Top US refiners see profits soar, step up investor rewards
Top U.S. fuel makers boosted returns to shareholders in the second quarter as prolonged disruptions to crude supplies through the Strait of Hormuz sent fuel prices and refining margins surging.
Marathon Petroleum price target raised to $304 from $284 at Mizuho
Mizuho raised the firm’s price target on Marathon Petroleum (MPC) to $304 from $284 and keeps a Neutral rating on the shares. The firm updated models in the independent refiner…
The Data Science Disconnect: High Performance With Low Assets
Many investors know the JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) for its options strategy. However, its underlying performance relies heavily on an engine that gets far less spotlight.
Gas prices could remain high this fall even if crude prices stabilize. Here's why
The world faces a shortfall of refining capacity which is keeping gasoline prices elevated. Ukraine's drone strikes on Russia and Iran's attacks in Persian Gulf have knocked out millions of barrels pe...
Marathon Petroleum price target raised to $344 from $343 at Piper Sandler
Piper Sandler analyst John Royall raised the firm’s price target on Marathon Petroleum (MPC) to $344 from $343 and keeps an Overweight rating on the shares. The firm says the…
Marathon Petroleum price target raised to $321 from $289 at Barclays
Barclays raised the firm’s price target on Marathon Petroleum (MPC) to $321 from $289 and keeps an Overweight rating on the shares. The firm adjusted midstream and refining estimates to…
Marathon Petroleum upgraded to Hold from Sell at Freedom Broker
Freedom Broker upgraded Marathon Petroleum (MPC) to Hold from Sell with a price target of $297, up from $217. The firm views the company’s Q2 report as “exceptionally strong.” Freedom…
Marathon Petroleum price target raised to $330 from $300 at Evercore ISI
Evercore ISI raised the firm’s price target on Marathon Petroleum (MPC) to $330 from $300 and keeps an In Line rating on the shares.
Marathon Petroleum price target raised to $375 from $357 at TD Cowen
TD Cowen analyst Jason Gabelman raised the firm’s price target on Marathon Petroleum (MPC) to $375 from $357 and keeps a Buy rating on the shares. The firm said they…
Marathon Petroleum price target raised to $318 from $303 at Citi
Citi analyst Vikram Bagri raised the firm’s price target on Marathon Petroleum (MPC) to $318 from $303 and keeps a Neutral rating on the shares.
Marathon Petroleum price target raised to $359 from $344 at Wells Fargo
Wells Fargo raised the firm’s price target on Marathon Petroleum (MPC) to $359 from $344 and keeps an Overweight rating on the shares. The firm notes that the company, on…
Marathon Petroleum Earnings Call Transcript: Q2 2026
Q2 2026 saw $8.5B adjusted EBITDA, 112% margin capture, and $2.8B returned to shareholders, driven by strong operational reliability, high utilization, and robust product margins. Tight global inventories and ongoing supply disruptions support a constructive outlook through 2027.
Marathon Petroleum Earnings release: Q2 2026
Marathon Petroleum released its Q2 2026 earnings on August 4, 2026, summarizing the period's financial results.
Marathon Petroleum Slides: Q2 2026
Marathon Petroleum has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 4, 2026.
Marathon Petroleum Quarterly report: Q2 2026
Marathon Petroleum has published its Q2 2026 quarterly earnings report on August 4, 2026.
Marathon Petroleum reports Q2 adjusted EPS $17.73, consensus $13.95
Reports Q2 revenue $52.34B, consensus $41.44B. “Strong planning, commercial, and operational execution enabled safe and reliable operations to meet resilient consumer demand. Our results reflect the d...
Marathon Petroleum beats quarterly profit estimates on refining margin boom
Marathon Petroleum's quarterly profit beat Wall Street's estimate on Tuesday, as fuel supply disruption from the U.S.-Israeli war on Iran pushed refining margins to multi-year highs.