Want to see MPC full AI Analyst Report?
MPC Stock Chart & Stats
$354.88
-$3.03(-0.97%)
At close: 4:00 PM EDT
$354.88
-$3.03(-0.97%)
Day’s Range― - ―
52-Week Range$161.93 - $367.60
Previous CloseN/A
Volume2.00M
Average Volume (3M)2.27M
Market Cap
$99.66B
Enterprise Value$107.31K
Total Cash (Recent Filing)$7.77B
Total Debt (Recent Filing)$34.29B
Price to Earnings (P/E)12.5
Beta0.54
Next Earnings
Nov 03, 2026EPS Estimate
19.37Next Dividend Ex-DateN/A
Dividend Yield1.1%
Share Statistics
EPS (TTM)29.05
Shares Outstanding280,824,770
10 Day Avg. Volume2,132,673
30 Day Avg. Volume2,265,330
Financial Highlights & Ratios
PEG Ratio0.39
Price to Book (P/B)2.86
Price to Sales (P/S)0.37
P/FCF Ratio10.41
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$326.07Price Target Upside-8.12% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering15
EPS Forecast (FY)49.68
Revenue Forecast (FY)$169.88B
Bulls Say, Bears Say
Bulls Say
Strong Free Cash FlowStrong and sharply improved free cash flow gives MPC flexibility to fund maintenance and growth projects, reduce debt, and return capital. Although cyclical, this cash-generation capacity supports financial resilience through the refining cycle.
Operational ReliabilityImproved reliability and lower unplanned downtime can sustain refinery utilization, protect margin capture, and reduce costly disruptions. Completing planned maintenance while improving safety also supports more consistent operating performance.
Growth Investment And Midstream ExpansionMPLX's natural gas and NGL investments add infrastructure capacity and diversify MPC's earnings beyond refining. Planned projects and distribution growth can strengthen recurring cash generation and improve the company's through-cycle profile.
Bears Say
Elevated LeverageHigh debt relative to equity leaves MPC more exposed to weaker refining margins and cash-flow volatility. A cyclical downturn could constrain debt reduction, investment flexibility, and shareholder returns despite currently strong profitability.
Refining Earnings CyclicalityMPC's earnings depend heavily on refining margins, product demand, utilization, and feedstock differentials. The history of peak-and-trough profitability indicates that current earnings strength may not remain stable across the industry cycle.
Maintenance And Commodity VolatilityLarge turnaround spending and derivative-related effects can absorb cash and obscure underlying earnings. Ongoing exposure to volatile commodity prices and inventory movements creates recurring execution and margin risks for the refining business.
Marathon Petroleum News
MPC FAQ
What was Marathon Petroleum Corporation’s price range in the past 12 months?
Marathon Petroleum Corporation lowest stock price was $161.93 and its highest was $367.60 in the past 12 months.
What is Marathon Petroleum Corporation’s market cap?
Marathon Petroleum Corporation’s market cap is $99.66B.
When is Marathon Petroleum Corporation’s upcoming earnings report date?
Marathon Petroleum Corporation’s upcoming earnings report date is Nov 03, 2026 which is in 67 days.
How were Marathon Petroleum Corporation’s earnings last quarter?
Marathon Petroleum Corporation released its earnings results on Aug 04, 2026. The company reported $17.73 earnings per share for the quarter, beating the consensus estimate of $14.269 by $3.461.
Is Marathon Petroleum Corporation overvalued?
According to Wall Street analysts Marathon Petroleum Corporation’s price is currently Overvalued.
Does Marathon Petroleum Corporation pay dividends?
Marathon Petroleum Corporation pays a Quarterly dividend of $1 which represents an annual dividend yield of 1.1%. See more information on Marathon Petroleum Corporation dividends here
What is Marathon Petroleum Corporation’s EPS estimate?
Marathon Petroleum Corporation’s EPS estimate is 19.37.
How many shares outstanding does Marathon Petroleum Corporation have?
Marathon Petroleum Corporation has 280,824,770 shares outstanding.
What happened to Marathon Petroleum Corporation’s price movement after its last earnings report?
Marathon Petroleum Corporation reported an EPS of $17.73 in its last earnings report, beating expectations of $14.269. Following the earnings report the stock price went up 1.817%.
Which hedge fund is a major shareholder of Marathon Petroleum Corporation?
Currently, no hedge funds are holding shares in MPC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Marathon Petroleum Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$326.07 (-8.12% Downside)
$326.07 (-8.12% Downside)
Blogger Sentiment
Bullish
MPC Sentiment 60%
Sector Average 53%
Sector Average 53%
Hedge Fund Trend
Increased
By 162.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.8%
Last 30 Days ▲ 8.1%
Last 30 Days ▲ 8.1%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
85.61%
12-Months-Change
Fundamentals
Return on Equity
1.10%
Trailing 12-Months
Asset Growth
20.16%
Trailing 12-Months
Company Description
Marathon Petroleum Corporation
Marathon Petroleum Corporation (MPC) functions as a prominent integrated energy enterprise, primarily concentrating its downstream operations across the United States. Its business is bifurcated into two main divisions: Refining & Marketing, and Midstream. The Refining & Marketing segment is responsible for processing crude oil and various other raw materials at its refineries, strategically located in the U.S. Gulf Coast, Mid-Continent, and West Coast regions. This division also acquires refined petroleum products and ethanol for subsequent distribution. Key outputs from this segment encompass a diverse array of transportation fuels, including different gasoline blends, heavy fuel oil, and asphalt. Additionally, it manufactures chemicals such as aromatics, propane, propylene, and sulfur. MPC sells these refined goods through multiple channels, including wholesale marketers domestically and globally, purchasers on the open spot market, and independent entrepreneurs who manage primarily Marathon-branded retail locations. It also supplies fuel via long-term agreements to direct dealer sites, predominantly under the ARCO brand. The Midstream segment handles the comprehensive movement, storage, distribution, and commercialization of crude oil and refined products. This is achieved through its extensive network of refining logistics assets, pipelines, terminals, towboats, and barges. Moreover, this segment engages in the collection, processing, and transportation of natural gas, alongside the gathering, transport, fractionation, storage, and marketing of natural gas liquids. By December 31, 2021, the corporation supported 7,159 branded jobber retail points, managed by independent entrepreneurs, spanning 37 U.S. states, the District of Columbia, and Mexico. Marathon Petroleum Corporation, established in 1887, maintains its corporate headquarters in Findlay, Ohio.
MPC Company Deck
MPC Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a positive operational and financial outlook driven by strong refining execution, margin capture, sizable capital projects coming online (Garyville, Robinson), and substantial MPLX-driven midstream growth. Management emphasized robust cash generation and an aggressive capital-return posture (over $1B returned in Q1 and a new $5B buyback authorization). Key near-term negatives included significant derivative-related unrealized losses (~$500M), working capital usage (~$573M), midstream EBITDA decline (~$122M), and elevated turnaround costs ($530M). Management highlighted commercial and operational flexibility, strong liquidity (~$2.2B cash), and confidence in sustaining performance, but also acknowledged material market volatility and inventory risks. Overall, positives (execution, higher EBITDA, strategic investments, and shareholder returns) materially outweigh the headwinds (derivative losses, WC impact, and regional maintenance-related softness).View all MPC earnings summariesMPC Revenue Breakdown
93.63% Refining & Marketing
4.24% Midstream
2.12% Renewable Diesel
<0.01% Other service revenue

MPC Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$326.07
▼(-8.12% Downside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.25% Insiders
23.99% Mutual Funds
8.69% Other Institutional Investors
38.26% Public Companies and Individual Investors











