Marathon Petroleum (MPC)
(Delayed Data from NYSE)
$171.98 USD
-2.86 (-1.64%)
Updated Oct 4, 2024 04:00 PM ET
After-Market: $171.98 0.00 (0.00%) 7:58 PM ET
5-Strong Sell of 5 5
B Value D Growth F Momentum D VGM
Company Summary
Findlay, OH-based Marathon Petroleum Corporation is a leading independent refiner, transporter and marketer of petroleum products. The company, in its current form, came into existence following the 2011 spin-off of Houston, TX-based Marathon Oil Corporation’s refining/sales business into a separate, independent and publicly-traded entity. In October 2018, Marathon Oil completed the acquisition of its rival Andeavor in a $23.3 billion deal, thereby becoming the nationwide largest refining company by market capitalization. The deal also made the company the largest U.S. refiner and the fifth largest in the world by capacity.
Marathon Petroleum ...
Company Summary
Findlay, OH-based Marathon Petroleum Corporation is a leading independent refiner, transporter and marketer of petroleum products. The company, in its current form, came into existence following the 2011 spin-off of Houston, TX-based Marathon Oil Corporation’s refining/sales business into a separate, independent and publicly-traded entity. In October 2018, Marathon Oil completed the acquisition of its rival Andeavor in a $23.3 billion deal, thereby becoming the nationwide largest refining company by market capitalization. The deal also made the company the largest U.S. refiner and the fifth largest in the world by capacity.
Marathon Petroleum operates in two segments: Refining and Marketing and Pipeline Transportation.
Refining and Marketing: The unit’s operations include 16 refineries, located in the West Coast, Gulf Coast and the Mid-Continent regions of the United States, having a combined crude processing capacity of more than 3 million barrels per day. Additionally, Marathon Petroleum – through its marketing organization – sells transportation fuels, asphalt and specialty products throughout the country to support commercial, industrial and retail operations. In 2023, the Refining & Marketing segment recorded a profit of $10.3 billion.
Midstream: This unit mainly reflects Marathon Petroleum’s general partner and majority limited partner interests in MPLX LP and Andeavor Logistics LP - publicly-traded master limited partnerships that own and operate gathering and processing assets along with crude transportation and logistics infrastructure. Marathon Petroleum owns 63.6% each of MPLX’s and ANDX’s common units. The 'Midstream' segment reported total earnings of $4.8 billion in 2023.
In 2021, Marathon Petroleum sold its Speedway business to Japanese retail group Seven & i Holdings – owner of the 7-Eleven convenience store chain – for $21 billion.
As of Dec 31, 2023, the company had cash and cash equivalents of $5.4 billion and a total debt, including that of MPLX, of $27.3 billion.
General Information
Marathon Petroleum Corporation
539 SOUTH MAIN STREET
FINDLAY, OH 45840
Phone: 419-422-2121
Fax: NA
Web: http://www.marathonpetroleum.com
Email: NA
Industry | Oil and Gas - Refining and Marketing |
Sector | Oils-Energy |
Fiscal Year End | December |
Last Reported Quarter | 9/30/2024 |
Earnings Date | 11/5/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.87 |
Current Year EPS Consensus Estimate | 10.76 |
Estimated Long-Term EPS Growth Rate | 6.00 |
Earnings Date | 11/5/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 174.84 |
52 Week High | 221.11 |
52 Week Low | 139.93 |
Beta | 1.37 |
20 Day Moving Average | 3,327,548.75 |
Target Price Consensus | 183.06 |
4 Week | 3.60 |
12 Week | 3.94 |
YTD | 15.92 |
4 Week | -2.57 |
12 Week | 1.49 |
YTD | -1.38 |
Shares Outstanding (millions) | 334.68 |
Market Capitalization (millions) | 57,558.96 |
Short Ratio | NA |
Last Split Date | 6/11/2015 |
Dividend Yield | 1.92% |
Annual Dividend | $3.30 |
Payout Ratio | 0.17 |
Change in Payout Ratio | -0.72 |
Last Dividend Payout / Amount | 8/21/2024 / $0.82 |
Fundamental Ratios
P/E (F1) | 15.99 |
Trailing 12 Months | 9.04 |
PEG Ratio | 2.67 |
vs. Previous Year | -22.56% |
vs. Previous Quarter | 48.20% |
vs. Previous Year | 4.18% |
vs. Previous Quarter | 15.51% |
Price/Book | 2.17 |
Price/Cash Flow | 5.06 |
Price / Sales | 0.38 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 24.05 |
3/31/24 | 25.87 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 8.28 |
3/31/24 | 9.16 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 1.31 |
3/31/24 | 1.43 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 0.90 |
3/31/24 | 0.99 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 4.79 |
3/31/24 | 5.37 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 4.79 |
3/31/24 | 5.32 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 7.24 |
3/31/24 | 7.87 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 79.15 |
3/31/24 | 82.90 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 13.43 |
3/31/24 | 13.29 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 0.86 |
3/31/24 | 0.85 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 46.50 |
3/31/24 | 46.51 |