tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Marathon Petroleum Announces New Chairman Appointment

Story Highlights
  • Maryann T. Mannen will become Chairman of the Board of Marathon Petroleum on January 1, 2026.
  • Michael J. Hennigan will retire as Executive Chairman, with Mannen continuing MPC’s leadership trajectory.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Marathon Petroleum Announces New Chairman Appointment

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Marathon Petroleum ( (MPC) ) has issued an announcement.

On November 4, 2025, Marathon Petroleum Corp. announced that Maryann T. Mannen, the current President and CEO, has been elected as Chairman of the Board, effective January 1, 2026. This change follows the retirement of Michael J. Hennigan, who will step down from his role as Executive Chairman and board member on the same date. The transition marks a continuation of leadership under Mannen, who has been with the company in various executive roles since 2021, and is expected to guide MPC’s future growth and direction.

The most recent analyst rating on (MPC) stock is a Buy with a $200.00 price target. To see the full list of analyst forecasts on Marathon Petroleum stock, see the MPC Stock Forecast page.

Spark’s Take on MPC Stock

According to Spark, TipRanks’ AI Analyst, MPC is a Neutral.

Marathon Petroleum’s overall stock score reflects a balance of operational efficiency and market challenges. The company’s financial performance shows stability in operational margins but faces revenue and cash flow pressures. Technical analysis indicates a bullish trend, though caution is warranted due to potential overbought conditions. Valuation metrics suggest the stock may be overvalued, limiting upside potential. The earnings call highlights strong operational performance and strategic growth initiatives, but high expenses and renewable diesel challenges remain concerns.

To see Spark’s full report on MPC stock, click here.

More about Marathon Petroleum

Marathon Petroleum Corporation (MPC) is a leading, integrated, downstream and midstream energy company headquartered in Findlay, Ohio. It operates the nation’s largest refining system and has a marketing system that includes branded locations across the United States, such as Marathon brand retail outlets. MPC also holds significant interests in MPLX LP, a midstream company involved in gathering, processing, and transportation of oil and light products.

Average Trading Volume: 1,784,136

Technical Sentiment Signal: Buy

Current Market Cap: $59.52B

For a thorough assessment of MPC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1