Marathon Petroleum/MPC

$197.63

-1.01%
-
1D1W1MYTD1YMAX

About Marathon Petroleum

Marathon Petroleum Corporation is an integrated, downstream energy company. The Company operates through two segments: Refining & Marketing and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks, including renewable feedstocks, at its refineries in the Gulf Coast, Mid-Continent and West Coast regions of the United States. The Company sells refined products to wholesale marketing customers domestically and internationally, to buyers on the spot market, to independent entrepreneurs who operate primarily Marathon branded outlets and through long-term supply contracts with direct dealers who operate locations mainly under the ARCO brand. The Midstream segment gathers, transports, stores and distributes crude oil, refined products, including renewable diesel, and other hydrocarbon-based products principally for the Refining & Marketing segment via refining logistics assets, pipelines, terminals, towboats and barges, and others.

Ticker

MPC

Sector

Energy

Trading on

NYSE

Industry

Oil & Gas Operations

CEO

Michael Hennigan

Employees

18,200

Headquarters

Findlay, United States

MPC Metrics

BasicAdvanced
$71.44B
Market cap
8.42
P/E ratio
$23.55
EPS
1.51
Beta
$2.33
Dividend rate
1.66%
Dividend yield
$71.44B
1.51284
$221.11
$104.32
2.76M
$2.33
1.595
1.132
103.79
111.797
13.04%
8.431
23.8%
12.7%
37.12%
18.41%
8.419
0.476
2.99
4.421
6.514
2.69%
1.17%
1.66%
-16.1%
-17.19%
29.59%
0.07%

What the Analysts think about MPC

Analyst Ratings

Majority rating from 17 analysts.
Buy

Price Targets

Average projection from 14 analysts.
10.56% upside
High $249.00
Low $195.00
$197.63
Current price
$218.50
Average price target

MPC Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
3.95% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$36.73B
-11.43%
Net income
$1.45B
-55.76%
Profit margin
3.95%
-50%

MPC Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 80.85%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$6.09
$5.32
$8.14
$3.98
-
Expected
$5.74
$4.59
$7.75
$2.20
$2.39
Surprise
6.08%
16%
5.08%
80.85%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Marathon Petroleum stock?

Marathon Petroleum (MPC) has a market cap of $71.44B as of April 25, 2024.

What is the P/E ratio for Marathon Petroleum stock?

The price to earnings (P/E) ratio for Marathon Petroleum (MPC) stock is 8.42 as of April 25, 2024.

Does Marathon Petroleum stock pay dividends?

Yes, the Marathon Petroleum (MPC) stock pays dividends to shareholders. As of April 25, 2024, the dividend rate is $2.325 and the yield is 1.66%. Marathon Petroleum has a payout ratio of 13.04% on a trailing twelve-month basis.

When is the next Marathon Petroleum dividend payment date?

The next Marathon Petroleum (MPC) dividend payment date is unconfirmed.

What is the beta indicator for Marathon Petroleum?

Marathon Petroleum (MPC) has a beta rating of 1.51. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Marathon Petroleum stock price target?

The target price for Marathon Petroleum (MPC) stock is $218.5, which is 9.72% above the current price of $199.14. This is an average based on projections from 14 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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