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Marathon Petroleum (MPC) Stock

Profile

Sector:

Energy

Country:

United States

IPO:

24 June 2011

Indexes:

Description:

Marathon Petroleum Corporation is one of the largest oil and gas companies in the United States with headquarters in Findlay, Ohio. It operates the country's largest oil refining system with a capacity of over 3 million barrels per day of crude oil at 16 refineries. It was founded in 2009 as a result of the internal restructuring of Marathon Oil Corporation. Refining and marketing - processing of crude oil and other raw materials at refineries; resale and distribution of products through transportation and storage. Retail - sale of fuel under the Speedway brand and supply of fuel to direct dealers, who mainly operate under the ARCO brand. Midstream - transportation, storage, distribution, and sale of crude oil and petroleum products through pipelines, terminals, tugboats, and barges.

Key Details

Price

$142.73

TTM Dividend Yield

2.37%(+22.16% YoY)

PE Ratio

11.31(+68.30% YoY)

Beta

0.54

Events Calendar

Earnings

Next earnings date:

Feb 04, 2025

Recent quarterly earnings:

Nov 05, 2024

Recent annual earnings:

Jan 30, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 20, 2024
Splits

Next split:

N/A

Recent split:

June 11, 2015

Analyst ratings

Recent major analysts updates

16 Dec '24 Mizuho
Neutral
09 Dec '24 Wells Fargo
Overweight
11 Nov '24 Barclays
Overweight
06 Nov '24 TD Cowen
Buy
10 Oct '24 Scotiabank
Sector Outperform
10 Oct '24 Citigroup
Neutral
10 Oct '24 Barclays
Overweight
09 Oct '24 Wells Fargo
Overweight
09 Oct '24 JP Morgan
Neutral
04 Oct '24 BMO Capital
Outperform

Market Data

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Institutional Ownership

Wall Street Analysts Think Marathon Petroleum (MPC) Is a Good Investment: Is It?
Wall Street Analysts Think Marathon Petroleum (MPC) Is a Good Investment: Is It?
Wall Street Analysts Think Marathon Petroleum (MPC) Is a Good Investment: Is It?
MPC
zacks.com02 January 2025

Investors frequently depend on analyst recommendations when choosing to buy, sell, or hold a stock. Changes in ratings from these analysts, who work for brokerage firms, can impact a stock's price, but how significant are they really?

Investors Heavily Search Marathon Petroleum Corporation (MPC): Here is What You Need to Know
Investors Heavily Search Marathon Petroleum Corporation (MPC): Here is What You Need to Know
Investors Heavily Search Marathon Petroleum Corporation (MPC): Here is What You Need to Know
MPC
zacks.com25 December 2024

Marathon Petroleum (MPC) has been getting a lot of interest from users on Zacks.com recently. Because of this, it's important to understand the factors that could affect the stock's future.

Marathon Petroleum (MPC) Rises But Trails Market: What Investors Should Know
Marathon Petroleum (MPC) Rises But Trails Market: What Investors Should Know
Marathon Petroleum (MPC) Rises But Trails Market: What Investors Should Know
MPC
zacks.com23 December 2024

In the latest trading session, Marathon Petroleum (MPC) finished at $133.98, showing an increase of 0.45% compared to the day before.

Marathon and Teamsters Union End Strike, Sign a Seven-Year Deal
Marathon and Teamsters Union End Strike, Sign a Seven-Year Deal
Marathon and Teamsters Union End Strike, Sign a Seven-Year Deal
MPC
zacks.com19 December 2024

MPC and the Detroit union have come to an agreement that ends the three-month strike. The deal includes a pay increase, healthcare benefits, and a pension plan for the union workers.

Zacks Industry Outlook Marathon Petroleum, Valero Energy and Galp Energia
Zacks Industry Outlook Marathon Petroleum, Valero Energy and Galp Energia
Zacks Industry Outlook Marathon Petroleum, Valero Energy and Galp Energia
MPC
Zacks13 December 2024

This Industry Outlook article has pointed out Marathon Petroleum, Valero Energy, and Galp Energia.

3 Stable Refining & Marketing Stocks With Good Potential
3 Stable Refining & Marketing Stocks With Good Potential
3 Stable Refining & Marketing Stocks With Good Potential
MPC
Zacks12 December 2024

After thoroughly examining the Zacks Oil and Gas - Refining & Marketing sector, we recommend paying attention to companies such as MPC, VLO, and GLPEY.

Castor Maritime Inc. Announces the Acquisition of a Majority Stake in MPC Münchmeyer Petersen Capital AG
Castor Maritime Inc. Announces the Acquisition of a Majority Stake in MPC Münchmeyer Petersen Capital AG
Castor Maritime Inc. Announces the Acquisition of a Majority Stake in MPC Münchmeyer Petersen Capital AG
MPC
globenewswire.com12 December 2024

On December 12, 2024, Castor Maritime Inc. (NASDAQ: CTRM), a global shipping company, announced that it has signed a Share Purchase Agreement (SPA) through a fully owned subsidiary. This agreement is with MPC Münchmeyer Petersen & Co. GmbH (MPC Holding) for the purchase of 26,116,378 shares, which accounts for 74.09% of the shares in MPC Münchmeyer Petersen Capital AG, an investment and asset manager listed in Frankfurt.

Marathon Petroleum Corporation (MPC) is Attracting Investor Attention: Here is What You Should Know
Marathon Petroleum Corporation (MPC) is Attracting Investor Attention: Here is What You Should Know
Marathon Petroleum Corporation (MPC) is Attracting Investor Attention: Here is What You Should Know
MPC
zacks.com11 December 2024

Users of Zacks.com have been paying a lot of attention to Marathon Petroleum (MPC) lately. Therefore, it's important to understand the key information that could influence the stock's future.

Marathon Petroleum Corporation (MPC) Is a Trending Stock: Facts to Know Before Betting on It
Marathon Petroleum Corporation (MPC) Is a Trending Stock: Facts to Know Before Betting on It
Marathon Petroleum Corporation (MPC) Is a Trending Stock: Facts to Know Before Betting on It
MPC
zacks.com27 November 2024

Users of Zacks.com have been paying a lot of attention to Marathon Petroleum (MPC) lately. Therefore, it's important to understand the key information that could influence the stock's future.

Crack Spread to Soar: Add MPC, XOM and PSX to Your Watchlist
Crack Spread to Soar: Add MPC, XOM and PSX to Your Watchlist
Crack Spread to Soar: Add MPC, XOM and PSX to Your Watchlist
MPC
zacks.com19 November 2024

A positive crack spread will benefit the refining profits of Phillips 66, Marathon Petroleum, and Exxon Mobil.

FAQ

  • What is the primary business of Marathon Petroleum?
  • What is the ticker symbol for Marathon Petroleum?
  • Does Marathon Petroleum pay dividends?
  • What sector is Marathon Petroleum in?
  • What industry is Marathon Petroleum in?
  • What country is Marathon Petroleum based in?
  • When did Marathon Petroleum go public?
  • Is Marathon Petroleum in the S&P 500?
  • Is Marathon Petroleum in the NASDAQ 100?
  • Is Marathon Petroleum in the Dow Jones?
  • When was Marathon Petroleum's last earnings report?
  • When does Marathon Petroleum report earnings?
  • Should I buy Marathon Petroleum stock now?

What is the primary business of Marathon Petroleum?

Marathon Petroleum Corporation is one of the largest oil and gas companies in the United States with headquarters in Findlay, Ohio. It operates the country's largest oil refining system with a capacity of over 3 million barrels per day of crude oil at 16 refineries. It was founded in 2009 as a result of the internal restructuring of Marathon Oil Corporation. Refining and marketing - processing of crude oil and other raw materials at refineries; resale and distribution of products through transportation and storage. Retail - sale of fuel under the Speedway brand and supply of fuel to direct dealers, who mainly operate under the ARCO brand. Midstream - transportation, storage, distribution, and sale of crude oil and petroleum products through pipelines, terminals, tugboats, and barges.

What is the ticker symbol for Marathon Petroleum?

The ticker symbol for Marathon Petroleum is NYSE:MPC

Does Marathon Petroleum pay dividends?

Yes, Marathon Petroleum pays dividends. The last payment was $0.91, with an ex-dividend date on 20 November 2024

What sector is Marathon Petroleum in?

Marathon Petroleum is in the Energy sector

What industry is Marathon Petroleum in?

Marathon Petroleum is in the Oil & Gas Refining & Marketing industry

What country is Marathon Petroleum based in?

Marathon Petroleum is headquartered in United States

When did Marathon Petroleum go public?

Marathon Petroleum's initial public offering (IPO) was on 24 June 2011

Is Marathon Petroleum in the S&P 500?

Yes, Marathon Petroleum is included in the S&P 500 index

Is Marathon Petroleum in the NASDAQ 100?

No, Marathon Petroleum is not included in the NASDAQ 100 index

Is Marathon Petroleum in the Dow Jones?

No, Marathon Petroleum is not included in the Dow Jones index

When was Marathon Petroleum's last earnings report?

Marathon Petroleum's most recent earnings report was on 5 November 2024

When does Marathon Petroleum report earnings?

The next expected earnings date for Marathon Petroleum is 4 February 2025

Should I buy Marathon Petroleum stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions