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Marathon Petroleum Corporation (MPC)

Stock Price: $43.98 USD 0.00 (0.00%)
Updated Jan 15, 2021 4:00 PM EST - Market closed
After-hours: $43.96 -0.02 (-0.05%) Jan 15, 7:59 PM
Market Cap 28.62B
Revenue (ttm) 88.13B
Net Income (ttm) -9.67B
Shares Out 650.00M
EPS (ttm) -14.91
PE Ratio n/a
Forward PE 196.08
Dividend $2.32
Dividend Yield 5.28%
Trading Day January 15
Last Price $43.98
Previous Close $43.98
Change ($) 0.00
Change (%) 0.00%
Day's Open 44.90
Day's Range 43.33 - 45.00
Day's Volume 7,718,969
52-Week Range 15.87 - 57.54

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PRNewsWire - 5 days ago

FINDLAY, Ohio, Jan. 13, 2021 /PRNewswire/ -- Marathon Petroleum Corporation (NYSE: MPC) today announced that Maryann T. Mannen will join the company as Executive Vice President and Chief Finan...

CNBC Television - 5 days ago

Why this oil analyst thinks energy may rebound in 2021

CNBC's Brian Sullivan discusses oil demand 2021 with Brian Singer, Goldman Sachs senior equity research analyst for oil and gas. For access to live and exclusive video from CNBC subscribe to C...

Other stocks mentioned: APA, DVN, HFC, OXY
Zacks Investment Research - 2 weeks ago

The union at Marathon Petroleum's (MPC) St. Paul Park refinery increased the possibility of a strike, subsequent to the expiry of its existing deal without resolution at the year-end.

The Motley Fool - 2 weeks ago

Not every income investor has the same needs, but there's are companies on this list to fit the preferences of most dividend lovers' portfolios.

Other stocks mentioned: MPLX, ORAN, SUN, VZ, VZA
24/7 Wall Street - 2 weeks ago

We finally made it: 2021 is here. Hopefully, many of the issues that were difficult in 2020 will start to fade this year as the country returns to a more normal status.

Other stocks mentioned: LLY, MDLZ, NSC, RTX
CNBC Television - 2 weeks ago

Final Trades: Goldman Sachs, American Airlines, Marathon Petroleum & more

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

Other stocks mentioned: AAL, BKNG, GS
Zacks Investment Research - 2 weeks ago

As a proof of the improving energy environment, refining biggies like Marathon Petroleum (MPC) and Phillips 66 (PSX) experienced sequential increase in utilization during the third quarter.

Other stocks mentioned: BKR, PSX
GuruFocus - 3 weeks ago

I don't spend much time in junkyards. But in the stock market, I love to look at stocks that have been battered and discarded.

Other stocks mentioned: CCL, CLR, CXO, MRO, NCLH, OXY
Zacks Investment Research - 1 month ago

Marathon Petroleum's (MPC) subsidiary, Trans-Foreland Pipeline's proposal to convert Kenai liquefied natural gas export plant in Alaska into an import terminal has been approved by FERC.

PRNewsWire - 1 month ago

FINDLAY, Ohio, Dec. 18, 2020 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call with analysts on T...

Other stocks mentioned: MPLX
PRNewsWire - 1 month ago

ST. PAUL, Minn., Dec. 17, 2020 /PRNewswire/ -- The International Brotherhood of Teamsters will host a call Friday, Dec. 18 at 11 a.m. (ET) to update investors and analysts of Marathon Petroleu...

24/7 Wall Street - 1 month ago

If any sector has taken a beating in 2020, it is energy. Many top companies in the sector have been forced to cut capital expenditures, in some cases to lower or eliminate dividends, and gener...

Other stocks mentioned: CVX, PSX, XOM
Investors Business Daily - 1 month ago

Marathon Petroleum shows improving price performance, earning an upgrade to its IBD Relative Strength Rating The post Marathon Petroleum Gets RS Rating Upgrade appeared first on Investor's Bus...

Seeking Alpha - 1 month ago

In October and July, Kiplinger Today listed Analyst and Kiplinger favorite dividend stocks. Analyst October favorites numbered 25, plus 15 from Kiplinger, with one repeated left 39 total. Thes...

Other stocks mentioned: ABBV, C, CFG, CVS, CVX, EPD, EXC, FANG, NRG, O, PSX, VLO, VZ, WMB
Zacks Investment Research - 1 month ago

3 Refining & Marketing Stocks Resilient to Industry Challenges

Other stocks mentioned: MUSA, PSX
The Motley Fool - 2 months ago

Look beyond vaccine producers to find the real values.

Other stocks mentioned: BP, PAA, PSX, SLB, WES, XOM
24/7 Wall Street - 2 months ago

Crude oil traded roughly flat on Monday, settling at $41.34 a barrel. Yet shares of Marathon Petroleum Co.

Other stocks mentioned: MRO
Zacks Investment Research - 2 months ago

Marathon Petroleum (MPC) saw a big move last session, as its shares jumped nearly 9% on the day, amid huge volumes.

Zacks Investment Research - 2 months ago

Following the surprise rise in crude stockpiles, some of the biggest casualties of the S&P 500 were energy-related names like Phillips 66 (PSX), Marathon Petroleum (MPC), Hess (HES), Valero En...

Other stocks mentioned: HES, OXY, PSX, VLO
PRNewsWire - 2 months ago

FINDLAY, Ohio, Nov. 11, 2020 /PRNewswire/ -- Marathon Petroleum Corporation (NYSE: MPC) today announced that Donald C. Templin, executive vice president and chief financial officer, has electe...

The Motley Fool - 2 months ago

The positive data suggests that the pandemic might be nearing the beginning of the end.

Other stocks mentioned: PSX, VLO
Seeking Alpha - 2 months ago

The sale of the Speedway Division should generate about $16.5 billion in cash. Investors get the remaining business for about $3 billion in market value.

Seeking Alpha - 2 months ago

With a market cap of $20.4 billion, Marathon Petroleum has dealt with and recovered from record-low product demand due to coronavirus shutdowns. The company's dividend yield is now 7.4%. While...

Seeking Alpha - 2 months ago

Marathon Petroleum Corporation (MPC) CEO Mike Hennigan on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 2 months ago

Marathon Petroleum (MPC) reported total costs and expenses of $18.6 billion in third-quarter 2020, down 28.5% from the year-ago quarter.

Benzinga - 2 months ago

  Shares of Marathon Petroleum (NYSE:MPC) rose 0.2% in pre-market trading after the company reported Q3 results.

Zacks Investment Research - 2 months ago

Marathon Petroleum (MPC) delivered earnings and revenue surprises of 42.86% and -11.95%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for th...

PRNewsWire - 2 months ago

FINDLAY, Ohio, Nov. 2, 2020 /PRNewswire/ -- Reported third-quarter loss of $1.0 billion, or $(1.57) per diluted share, including net pre-tax charges of $525 million; adjusted loss of $649 mill...

Forbes - 2 months ago

Here are trading recommendations for a weak market.

Other stocks mentioned: DIS
Zacks Investment Research - 2 months ago

Marathon Petroleum's (MPC) Q3 earnings and cash flows might have been affected by the coronavirus-borne economic gloom and the related demand woes for its refined products and transportation f...

PRNewsWire - 2 months ago

FINDLAY, Ohio, Oct. 28, 2020 /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 ...

Forbes - 2 months ago

The markets' sharp downturn for the week continued today with indices sharply selling off for the third day in a row. While sentiment is mixed at best, our deep learning algorithms have crunch...

Other stocks mentioned: CIT, MAC, REG, SAVE
Zacks Investment Research - 2 months ago

Marathon Petroleum (MPC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Seeking Alpha - 2 months ago

In October and July Kiplinger Today listed Analyst and Kiplinger favorite dividend stocks. Analyst October favorites numbered 25, plus 15 from Kiplinger, with one repeated left 39 total. These...

Other stocks mentioned: ABBV, BKR, C, CFG, COP, CVX, DVN, EOG, EPD, FANG, PSX, VLO, WMB
Zacks Investment Research - 2 months ago

Lingering signs of oil demand weakness are still evident. Refiners, such as PBF Energy (PBF), Valero (VLO) and Phillips 66 (PSX) have reduced runs to cope with the coronavirus-induced erosion ...

Other stocks mentioned: HFC, PBF, PSX, VLO
Forbes - 2 months ago

While markets are moving higher at the moment, a further market rally is dependent on a stimulus. Until that happens, volatility will remain.

Other stocks mentioned: CALM, GT, SABR, SPWR
Market Watch - 3 months ago

The stock market has staged long rallies following the past nine presidential elections.

Other stocks mentioned: BKR, COP, CXO, DVN, FANG, PSX, PXD, VLO, WMB
Zacks Investment Research - 3 months ago

Marathon (MPC) seeks permits to convert its petroleum refinery in Martinez into a renewable diesel facility.

24/7 Wall Street - 3 months ago

In a year in which many sectors have enjoyed outsized positive performance despite the effects of the pandemic, the energy sector has been a distinct laggard.

Other stocks mentioned: CVX, HES, PXD, XOM
Zacks Investment Research - 3 months ago

Marathon Petroleum (MPC) is expected to have incurred charges worth $125-$175 million in the third quarter of 2020 for severance and employee benefits-related costs.

Zacks Investment Research - 3 months ago

The federal government's EIA report revealed that crude inventories fell by 2 million barrels compared to expectations of a 1.9-million-barrel build for the week ending Sep 25.

Other stocks mentioned: HFC, PBF, PSX, VLO
Market Watch - 3 months ago

Marathon Petroleum Corp. MPC, -0.30% said late Wednesday it will lay off more than 2,000 employees as it looks to cut costs amid less demand for gasoline and other oil derivatives with the ong...

Reuters - 3 months ago

Marathon Petroleum Corp , the largest U.S. oil refiner, said it would lay off about 2,050 employees, or 12% of its workforce, at its U.S. operations, excluding Speedway, as the COVID-19 pandem...

Reuters - 3 months ago

Marathon Petroleum Corp's oil-refining unit is cutting at least 6% of its white-collar staff, according to people familiar with the matter, demonstrating the depth of declining fuel demand dur...

Seeking Alpha - 3 months ago

The Distillate Crack Spread Is Sending A Message To Markets

Other stocks mentioned: VLO
PRNewsWire - 3 months ago

FINDLAY, Ohio, Sept. 25, 2020 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call with analysts on Monday, Nov. 2, 2020, at 9:30 a.m. EST to discuss 2020 third-qua...

PRNewsWire - 3 months ago

FINDLAY, Ohio, Sept. 25, 2020 /PRNewswire/ -- Marathon Petroleum Corporation (NYSE: MPC) and MPLX LP (NYSE: MPLX) today announced the redemption of (i) all of the $650 million outstanding aggr...

Other stocks mentioned: MPLX
Forbes - 3 months ago

Renewable diesel offers a rare growth opportunity for oil refiners.

Other stocks mentioned: HFC, NTOIY, PSX, VLO
CNBC Television - 3 months ago

Options traders place bullish bet on Marathon Petroleum

Michael Khouw, Optimize Advisors president, breaks down the options activity in Marathon Petroleum on CNBC's "Fast Money."

24/7 Wall Street - 4 months ago

n a new report on the downstream (refining and marketing) sector of the oil and gas industry, analysts at Moody’s Investors Service raised their outlook on the sector from negative to positive...

Other stocks mentioned: CVI, HFC, PBF, PSX, VLO

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 through three segments: Refining & Marketing, Retail, and Midstream. The Refining & Marketing segment refines crude oil and other feed stocks at its 16 refineries in the West Coast, Gulf Coast, and Mid-Continent regions of the United States; and purchases refined products and ethanol for resale. Its refined products include transportation fuels, such as reformu... [Read more...]

Industry
Oil & Gas Refining & Marketing
IPO Date
Jul 1, 2011
CEO
Michael Hennigan
Employees
60,910
Stock Exchange
NYSE
Ticker Symbol
MPC
Full Company Profile

Financial Performance

In 2019, MPC's revenue was $124.81 billion, an increase of 28.54% compared to the previous year's $97.10 billion. Earnings were $2.64 billion, a decrease of -5.14%.

Financial Statements

Analyst Forecasts

According to 16 analysts, the average rating for MPC stock is "Buy." The 12-month stock price forecast is 49.71, which is an increase of 13.03% from the latest price.

Price Target
$49.71
(13.03% upside)
Analyst Consensus: Buy