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Marathon Petroleum Corporation (MPC)

Stock Price: $54.66 USD 1.23 (2.30%)
Updated Jul 26, 2021 4:00 PM EDT - Market closed
Market Cap 35.36B
Revenue (ttm) 73.82B
Net Income (ttm) -834.00M
Shares Out 651.00M
EPS (ttm) -1.29
PE Ratio n/a
Forward PE 161.29
Dividend $2.32
Dividend Yield 4.24%
Trading Day July 26
Last Price $54.66
Previous Close $53.43
Change ($) 1.23
Change (%) 2.30%
Day's Open 53.83
Day's Range 53.74 - 54.74
Day's Volume 3,948,237
52-Week Range 25.93 - 64.84

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Crude prices have surged from last year's historic crash, in turn boosting the bottom line of companies like ConocoPhillips (COP), Hess (HES) and others.

Other stocks mentioned: COP, HES, HFC, VLO
2 weeks ago - Zacks Investment Research

Marathon Petroleum's (MPC) renewed offer comprises measures that restrict the company's power to outsource work carried out by union employees.

2 weeks ago - Zacks Investment Research

Per the proposed consent decree, Marathon Petroleum (MPC) and 7-Eleven must divest 124 retail fuel outlets to Anabi Oil including 123 Speedway sites and one 7-Eleven store.

3 weeks ago - Zacks Investment Research

FINDLAY, Ohio, June 25, 2021 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call on Wednesday, August 4, 2021, at 11 a.m. EDT to discuss 2021 second-quarter financial results.

1 month ago - PRNewsWire

Marathon Petroleum received more tax benefits than any other US oil company while also cutting about 9% of its workforce

1 month ago - The Guardian

This time last year, oil was plummeting as concerns about the pandemic were rising.

Other stocks mentioned: DVN, SU, TRGP
1 month ago - 24/7 Wall Street

FINDLAY, Ohio, June 17, 2021 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) today announced final results of its "modified Dutch auction" tender offer, which expired at midnight, New York City tim...

1 month ago - PRNewsWire

FINDLAY, Ohio, June 15, 2021 /PRNewswire/ --Marathon Petroleum Corp. (NYSE: MPC) today announced the preliminary results of its "modified Dutch auction" tender offer, which expired at midnight, New York...

1 month ago - PRNewsWire

Marathon Petroleum (MPC) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Some of the best-performing S&P 599 constituents in May were energy firms like Baker Hughes (BKR), Schlumberger (SLB), TechnipFMC (FTI), Devon Energy (DVN) and Marathon Petroleum (MPC).

Other stocks mentioned: BKR, DVN, FTI, SLB
1 month ago - Zacks Investment Research

Some of the stocks that are likely to gain in June are: SCCO, DOW, HD, BX, MPC and APD.

Other stocks mentioned: APD, BX, DOW, HD, SCCO
1 month ago - Zacks Investment Research

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Marathon Petroleum (MPC) could be a great choice. It is one of the several stocks that...

1 month ago - Zacks Investment Research

IRVING, Texas, May 19, 2021 /PRNewswire/ -- 7-Eleven, Inc. ("7-Eleven") announced today that it has signed definitive agreements to sell 293 Speedway and 7-Eleven stores to three separate buyers. This f...

2 months ago - PRNewsWire

FINDLAY, Ohio, May 19, 2021 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) today announced the redemption of all of the $300 million outstanding aggregate principal amount of its 5.125% senior not...

2 months ago - PRNewsWire

Investors need to pay close attention to Marathon Petroleum (MPC) stock based on the movements in the options market lately.

2 months ago - Zacks Investment Research

Seth Klarman (Trades, Portfolio), portfolio manager of the Baupost Group, disclosed this week that his top five trades for the first quarter included the trimming of his eBay Inc. ( EBAY , Financial) an...

Other stocks mentioned: EBAY, FOXA, GOOG, GOOGL, WLTW
2 months ago - GuruFocus

Marathon Petroleum (MPC) will use $2.5 billion of the Speedway sales proceeds to repay its long-term structural debt.

2 months ago - Zacks Investment Research

A massive deal in the convenience store industry has been thrown into doubt after the Federal Trade Commission called 7-Eleven's purchase of 3,800 Speedway stores and gas stations “illegal” and “anti-co...

2 months ago - PYMNTS

The shares of Marathon Petroleum Corporation (NYSE:MPC) are up 2.7% to trade at $61.68 at last check, after the oil and gas company this morning announced a modified Dutch auction of $4 billion of its o...

2 months ago - Schaeffers Research

FINDLAY, Ohio, May 17, 2021 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) today announced that it commenced a "modified Dutch auction" tender offer to purchase up to $4.0 billion of shares of its...

2 months ago - PRNewsWire

FINDLAY, Ohio, May 14, 2021 /PRNewswire/ -- – Marathon Petroleum Corp. (NYSE: MPC) today provided additional comments regarding the closing of its $21 billion sale of Speedway to 7-Eleven, Inc., a wholl...

2 months ago - PRNewsWire

Officials from the Federal Trade Commission (FTC) said that 7-Eleven's parent company moved ahead in its merger arrangement with Marathon Petroleum Corporation even as the commission continues to probe ...

2 months ago - PYMNTS

The completion of 7-Eleven's purchase of thousands of Speedway gas and convenience stores is potentially illegal and may raise competitive concerns in hundreds of local U.S. markets, two top U.S. Federa...

2 months ago - Reuters

IRVING, Texas, May 14, 2021 /PRNewswire/ -- 7-Eleven, Inc. ("7-Eleven"), the largest chain in the convenience-retailing industry, announced today the successful completion of its acquisition of Speedway...

2 months ago - PRNewsWire

FINDLAY, Ohio, May 14, 2021 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) today announced the close of the $21 billion sale of Speedway to 7-Eleven, Inc., a wholly owned, indirect subsidiary of S...

2 months ago - PRNewsWire

Cramer on the Colonial Pipeline resuming operations, price of lumber

YouTube video

The Colonial Pipeline is restarting operations following the cyberattack, but the company is warning it would not be fully functional immediately. CNBC's Jim Cramer, Carl Quintanilla and David Faber dis...

Other stocks mentioned: COP, CUT, NAIL, PSX, PXD, VLO, WOOD
2 months ago - CNBC Television

Industry observers believe that PBF Energy (PBF), a refiner with a large footprint in the Northeast, could benefit from the Colonial Pipeline downtime, while Marathon Petroleum (MPC) could lose millions...

Other stocks mentioned: AAL, KMI, PBF, TOT, VLO
2 months ago - Zacks Investment Research

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Marathon Petroleum (MPC) could be a great choice. It is one of the several stocks that...

2 months ago - Zacks Investment Research

Marathon Petroleum (MPC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

2 months ago - Zacks Investment Research

Final Trades: Marathon Petroleum, Corteva, Pfizer & more

YouTube video

The "Halftime Report" traders give their top picks to watch for the second half.

Other stocks mentioned: CTVA, PFE, BG
2 months ago - CNBC Television

Marathon Petroleum (MPC) delivered earnings and revenue surprises of 72.22% and 45.13%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Marathon Petroleum (MPC) reports expenses of $22.7 billion in first-quarter 2021, down 31.6% from the year-ago quarter.

2 months ago - Zacks Investment Research

FINDLAY, Ohio, May 4, 2021 /PRNewswire/ -- Reported first-quarter loss of $242 million , or $(0.37) per diluted share, which includes pre-tax charges of $70 million; reported adjusted loss of $132 milli...

2 months ago - PRNewsWire

Despite an already massive run off the lows of last year, oil looks to be heading higher.

Other stocks mentioned: DVN, SU, TRGP
2 months ago - 24/7 Wall Street

Marathon Petroleum's (MPC) midstream unit is likely to have benefited from stable, fee-based revenues, contained operating expenses and a contribution from organic growth projects in Q1.

2 months ago - Zacks Investment Research

FINDLAY, Ohio, April 28, 2021 /PRNewswire/ -- The board of directors of Marathon Petroleum Corp. (NYSE: MPC) has declared a dividend of $0.58 per share on common stock. The dividend is payable June 10, ...

2 months ago - PRNewsWire

DALLAS, April 22, 2021 /PRNewswire/ -- Southwest Airlines Co . (NYSE: LUV) today announced memoranda of understanding with two leading energy companies, Marathon Petroleum Corporation (NYSE: MPC), and P...

Other stocks mentioned: LUV, PSX
3 months ago - PRNewsWire

Broker-friendly stocks like Antero Resources (AR), Marathon Petroleum (MPC), Valero Energy (VLO), ConocoPhillips (COP) and Bloomin' Brands (BLMN) should be on investors' watchlist.

Other stocks mentioned: AR, BLMN, COP, VLO
3 months ago - Zacks Investment Research

This time last year, the price of oil was plummeting as concerns about the COVID-19 pandemic were rising.

Other stocks mentioned: COP, DVN, HES
3 months ago - 24/7 Wall Street

4 Refining & Marketing Stocks to Fend Off Industry Headwinds

Other stocks mentioned: HFC, PSX, VLO
3 months ago - Zacks Investment Research

Top Wall Street firms go about covering companies with their research departments in many different ways.

Other stocks mentioned: NFLX, TMUS
3 months ago - 24/7 Wall Street

Marathon Petroleum could be about to rebound in a big way, according to traders in the options market.

3 months ago - CNBC

The Teamsters Union on Monday urged shareholders of oil refiner Marathon Petroleum Corp to vote against an approval on executive compensation, arguing that the company provides outsized and unnecessary ...

3 months ago - Reuters

For years, analysts and portfolio managers have anticipated the return of value stocks as the market has moved higher, and for years they have continued to underperform growth stocks.

Other stocks mentioned: CAH, MTB, NRG, PFG
4 months ago - 24/7 Wall Street

Marathon Petroleum's (MPC) disposal of its Speedway-branded gas stations at a premium price is expected to provide it with a much-needed cash infusion and enhance its shareholder value.

4 months ago - Zacks Investment Research

One of Wall Street's most respected lists of domestic stocks is the Goldman Sachs America's Conviction List.

Other stocks mentioned: BMY, CFG, PEP, RTX
4 months ago - 24/7 Wall Street

FINDLAY, Ohio, March 18, 2021 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call with analysts on Tuesday, May 4, 2021, at 11 a.m. EDT to discuss 2021 first-quarter financi...

4 months ago - PRNewsWire

For the first time in many years, the Energy Select Sector SPDR Fund (NYSE: XLE) is leaving the SPDR S&P 500 ETF Trust (NYSE: SPY) in the dust as many oil and gas stocks have come roaring back to life. ...

Other stocks mentioned: PSX
4 months ago - Benzinga

Some of the top gainers of the S&P 500 yesterday were energy-related names like Valero Energy (VLO), HollyFrontier (HFC), TechnipFMC (FTI), ONEOK (OKE) and Marathon Petroleum (MPC).

Other stocks mentioned: CVX, FTI, HFC, OKE, VLO
4 months ago - Zacks Investment Research

Marathon Petroleum (MPC) reported earnings 30 days ago. What's next for the stock?

4 months ago - Zacks Investment Research

About MPC

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates in two segments: Refining & Marketing, and Midstream. 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. Its refined products include transportation fuels, such as reformulated gasolines and... [Read more...]

Industry
Oil & Gas Refining & Marketing
IPO Date
Jul 1, 2011
CEO
Michael Hennigan
Employees
57,900
Stock Exchange
NYSE
Ticker Symbol
MPC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 17 analysts, the average rating for MPC stock is "Buy." The 12-month stock price forecast is 70.93, which is an increase of 29.77% from the latest price.

Price Target
$70.93
(29.77% upside)
Analyst Consensus: Buy