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Marathon Petroleum Corporation (MPC)

NYSE: MPC · IEX Real-Time Price · USD
61.35 -3.20 (-4.96%)
Nov 26, 2021 1:00 PM EST - Market closed
Market Cap37.77B
Revenue (ttm)103.51B
Net Income (ttm)9.25B
Shares Out615.59M
EPS (ttm)14.25
PE Ratio4.31
Forward PE14.43
Dividend$2.32 (3.78%)
Ex-Dividend DateNov 16, 2021
Volume6,820,798
Open63.41
Previous Close64.55
Day's Range59.55 - 62.03
52-Week Range38.20 - 68.78
Beta2.08
AnalystsBuy
Price Target74.06 (+20.7%)
Earnings DateNov 2, 2021

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...

IndustryOil, Gas & Consumable Fuels
IPO DateJul 1, 2011
CEOMichael Hennigan
Employees57,900
Stock ExchangeNYSE
Ticker SymbolMPC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for MPC stock is "Buy." The 12-month stock price forecast is 74.06, which is an increase of 20.72% from the latest price.

Price Target
$74.06
(20.72% upside)
Analyst Consensus: Buy

News

Offset Inflated Prices With These 3 Stocks

The Divergence of Retail Sales and Consumer Sentiment

Other symbols:CPKOKE
3 days ago - Zacks Investment Research

Marathon Petroleum (MPC) Shows Fast-paced Momentum But Is Still a Bargain Stock

Marathon Petroleum (MPC) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are stil...

2 weeks ago - Zacks Investment Research

Final Trades: Diamondback Energy, Marathon Petroleum, Twilio & more

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

Other symbols:FANGTWLO
3 weeks ago - CNBC Television

Marathon Petroleum (MPC) Q3 Earnings and Revenues Top Estimates

Marathon Petroleum (MPC) delivered earnings and revenue surprises of 1.39% and 90.49%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Marathon (MPC) Q3 Earnings Top as Refining Margins Strengthen

Marathon Petroleum (MPC) repurchased shares worth $1.5 billion during the July-October period as part of its announcement to buy back $10 billion in common stock.

3 weeks ago - Zacks Investment Research

Marathon Petroleum Corp. Reports Third-Quarter 2021 Results

FINDLAY, Ohio, Nov. 2, 2021 /PRNewswire/ -- Reported third-quarter net income of $694 million , or $1.09 per diluted share; reported adjusted net income of $464 million, or $0.73 per diluted share Progr...

3 weeks ago - PRNewsWire

4 Oil & Gas Earnings to Watch on Nov 2: MPC, DVN, COP & OVV

Given the encouraging commodity price backdrop, four energy players - Marathon Petroleum (MPC), Devon Energy (DVN), ConocoPhillips (COP) and Ovintiv (OVV) - are set to report their third-quarter results...

Other symbols:BPCOPDVNEOGOVV
3 weeks ago - Zacks Investment Research

Should You Buy Marathon Petroleum (MPC) Ahead of Earnings?

Marathon Petroleum (MPC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

4 weeks ago - Zacks Investment Research

Is a Beat in Store for Marathon Petroleum's (MPC) Q3 Earnings?

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 Q3.

4 weeks ago - Zacks Investment Research

Marathon Petroleum Corp. Announces Quarterly Dividend

FINDLAY, Ohio, Oct. 27, 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 Dec. 10, 2...

1 month ago - PRNewsWire

Marathon Petroleum (MPC) Earnings Expected to Grow: Should You Buy?

Marathon Petroleum (MPC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Why Marathon Petroleum (MPC) is a Top Growth Stock for the Long-Term

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

1 month ago - Zacks Investment Research

INT vs. MPC: Which Stock Should Value Investors Buy Now?

INT vs. MPC: Which Stock Is the Better Value Option?

Other symbols:INT
2 months ago - Zacks Investment Research

Final Trades: VF Corp., Garmin, Marathon Petroleum & more

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

Other symbols:GRMNVFC
2 months ago - CNBC Television

Marathon Petroleum Corp. to Report Third-Quarter Financial Results November 2, 2021

FINDLAY, Ohio, Sept. 22, 2021 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call on Tuesday, November 2, 2021, at 11 a.m.

2 months ago - PRNewsWire

Traders respond to Goldman's Jeff Currie, who says Commodities broadly under-invested

The "Halftime Report" traders debate the biggest analyst call of the day.

Other symbols:LITXOM
2 months ago - CNBC Television

Stocks This Week: Sell Short Marathon Petroleum And SL Green Realty

The S&P is likely to rise moderately into Friday and then to decline after the 17th.

Other symbols:SLG
2 months ago - Forbes

Final Trades: Bristol Myers, Marathon Petroleum, Zoetis & more

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

Other symbols:BMYZTSNYCB
2 months ago - CNBC Television

Morgan Stanley Initiates Coverage Of Oil Refiners, Names HollyFrontier, Valero & Marathon Top Picks

Energy stocks traded lower on Tuesday, but one Wall Street firm says now is the perfect time to pull the trigger on a handful of oil refiners. The Analyst: Morgan Stanley analyst Connor Lynagh initiated...

Other symbols:HFCVLO
2 months ago - Benzinga

Marathon Petroleum (MPC) Up 2.5% Since Last Earnings Report: Can It Continue?

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

2 months ago - Zacks Investment Research

3 Huge Oil Dividends (Up To 7.7%) To Buy On This Dip

The recent oil correction has opened a window for us income investors to grab big(ger) dividends.

Other symbols:CVX
3 months ago - Forbes

Marathon Petroleum (MPC), ADM to Form Soybean Oil Production JV

The Spiritwood plant, which is scheduled to be completed in 2023, will obtain and process local soybeans and supply the soybean oil output only to Marathon Petroleum (MPC).

3 months ago - Zacks Investment Research

Marathon Petroleum Corp., ADM Announce Feedstock Partnership to Support Renewable Diesel Production

FINDLAY, Ohio & CHICAGO--(BUSINESS WIRE)--Marathon Petroleum Corp. (NYSE: MPC) and ADM (NYSE: ADM) announced today an agreement to form a joint venture for the production of soybean oil to supply rapidl...

Other symbols:ADM
3 months ago - Business Wire

A bullish call on big oil

The "Halftime Report" traders debate Bank of America's bullish call on big oil companies

Other symbols:COPEOGXOM
3 months ago - CNBC Television

Why Investors Should Focus on These 3 Refining & Marketing Stocks

Gasoline demand is ticking up on relaxation of coronavirus curbs in the U.S. and rest of the world. The Zacks Oil and Gas - Refining & Marketing industry players like HollyFrontier (HFC), Murphy USA (MU...

Other symbols:HFCINTMUSAPSXVLO
3 months ago - Zacks Investment Research