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Marathon Petroleum (MPC) Stock Price & Analysis

4,318 Followers

MPC Stock Chart & Stats

$372.74-$4.58(-1.21%)
At close: 4:00 PM EST
$300$350$400$450Aug 10Aug 24Sep 8Sep 21Oct 5Oct 19Nov 2
Day’s Range
$367.72 - $381.67
52-Week Range
$161.93 - $493.98
Previous Close
$377.32
Volume
N/A
Average Volume (3M)
2.21M
Market Cap
$101.49B
Enterprise Value
$138.21B
Total Cash (Recent Filing)
$13.61B
Total Debt (Recent Filing)
$34.45B
Price to Earnings (P/E)
7.3
Beta
0.58
Next Earnings
Feb 02, 2027 (Est.)
EPS Estimate
22.43
Next Dividend Ex-Date
Nov 18, 2026
Dividend Yield
1.07%

Bulls Say, Bears Say

Bulls Say

Strong Cash Generation

Very strong operating and free cash flow gives MPC substantial internal funding for capital projects, debt management, and shareholder returns. The cash conversion also provides resilience when refining margins weaken, although historical volatility means this strength remains cycle-dependent.

Refining Scale And Execution

Record utilization and throughput demonstrate the scale and operating execution of MPC’s refining system. High asset utilization can spread fixed costs across more production, support customer supply reliability, and improve earnings capture when market conditions are favorable.

Durable Midstream Cash Contribution

MPLX provides MPC with an expanding stream of midstream distributions that is less directly exposed to refining margins. Expected coverage of dividends and capital spending strengthens financial flexibility, while MPLX’s projected mid-single-digit EBITDA growth supports ongoing contribution.

Bears Say

Cyclical Earnings And Cash Flow

MPC’s profitability depends heavily on refining margins, product demand, utilization, and regional pricing differentials, creating meaningful through-cycle volatility. Prior weakness in revenue, margins, and cash flow shows that current performance may not represent sustainable peak earnings power.

Elevated Leverage

Debt relative to equity remains elevated despite improvement from 2025, increasing financial risk when refining conditions deteriorate. Leverage can constrain capital allocation and reduce flexibility to absorb weaker cash generation, while some reported returns are amplified by the balance sheet.

Turnarounds And Capture Pressure

Planned turnarounds will reduce throughput and limit MPC’s ability to upgrade certain products, while secondary-product pressure has already weakened capture. These operational effects can suppress near-term refining profitability and highlight the recurring maintenance burden of a large system.

Marathon Petroleum News

MPC FAQ

What was Marathon Petroleum’s price range in the past 12 months?
Marathon Petroleum lowest stock price was $161.93 and its highest was $493.98 in the past 12 months.
What is Marathon Petroleum’s market cap?
Marathon Petroleum’s market cap is $101.49B.
When is Marathon Petroleum’s upcoming earnings report date?
Marathon Petroleum’s next earnings report is estimated for Feb 02, 2027 (not yet confirmed), which is in 86 days.
How were Marathon Petroleum’s earnings last quarter?
Marathon Petroleum released its earnings results on Nov 03, 2026. The company reported $26.93 earnings per share for the quarter, beating the consensus estimate of $25.371 by $1.559.
Is Marathon Petroleum overvalued?
According to Wall Street analysts Marathon Petroleum’s price is currently Undervalued.
Does Marathon Petroleum pay dividends?
Marathon Petroleum pays a Quarterly dividend of $1.1 which represents an annual dividend yield of 1.07%. See more information on Marathon Petroleum dividends here
What is Marathon Petroleum’s EPS estimate?
Marathon Petroleum’s EPS estimate is 22.43.
How many shares outstanding does Marathon Petroleum have?
Marathon Petroleum has 272,282,300 shares outstanding.
What happened to Marathon Petroleum’s price movement after its last earnings report?
Marathon Petroleum reported an EPS of $26.93 in its last earnings report, beating expectations of $25.371. Following the earnings report the stock price went down -0.709%.
Which hedge fund is a major shareholder of Marathon Petroleum?
Hedge funds hold Marathon Petroleum shares: the largest hedge-fund position in Marathon Petroleum is 71,885,727 shares, and hedge funds increased their holdings by 1.8M shares last quarter.
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