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Marathon Petroleum Corporation (MPC)

388.90 +1.19 (+0.31%)
At close: September 4 at 4:00:03 PM EDT
394.11 +5.21 (+1.34%)
After hours: September 4 at 8:00:00 PM EDT
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What's happening with MPC?

14m ago
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Marathon Petroleum (MPC) has demonstrated impressive performance recently, highlighted by a 30% gainsince its last earnings report, driven by robust refining margins and strong Q2 results. The company reported an EPS of $17.73and revenues of $52.34 billion, showcasing its operational strength and shareholder returns.

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  • Previous Close 387.71
  • Open 386.10
  • Bid 385.03 x 10000
  • Ask 391.00 x 10000
  • Day's Range 379.10 - 390.88
  • 52 Week Range 161.93 - 398.52
  • Volume 1,854,351
  • Avg. Volume 2,372,704
  • Market Cap (intraday) 109.213B
  • Beta (5Y Monthly) 0.53
  • PE Ratio (TTM) 13.48
  • EPS (TTM) 28.86
  • Earnings Date Nov 3, 2026
  • Forward Dividend & Yield 4.00 (1.03%)
  • Ex-Dividend Date Aug 19, 2026
  • 1y Target Est 326.83

Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States. The company operates through three segments: Refining & Marketing; Midstream; and Renewable Diesel. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products through transportation, storage, distribution, and marketing services. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures propane and petrochemicals. The company sells refined products to wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets, as well as through long-term fuel supply contracts to direct dealer locations primarily under the ARCO brand. The Midstream segment gathers, transports, stores, distributes, and markets crude oil and refined products, including renewable diesel and other hydrocarbon-based products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and transports, fractionates, stores, and markets natural gas liquids. The Renewable Diesel segment processes renewable feedstocks into renewable diesel, markets, and distributes renewable diesel through its Midstream segment and third parties. It sells renewable diesel to wholesale marketing customers, buyers on the spot market, and through long-term supply contracts to direct dealers under the ARCO brand. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.

www.marathonpetroleum.com

18,500

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

MPC
141.91%
S&P 500 (^GSPC)
12.75%

1-Year Return

MPC
120.92%
S&P 500 (^GSPC)
18.71%

3-Year Return

MPC
182.68%
S&P 500 (^GSPC)
70.93%

5-Year Return

MPC
646.43%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 51.99B
Earnings 5.14B
Profit Margin 9.88%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
10B
20B
30B
40B
50B
2.0%
4.0%
6.0%
8.0%

Analyst Insights

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Analyst Price Targets

186.00 Low
326.83 Average
388.90 Current
413.00

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 9/3/2026
Analyst Piper Sandler
Rating Action Maintains
Rating Overweight
Price Action Raises
Price Target 344 -> 462

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    5.55%

  • Return on Assets (ttm)

    8.74%

  • Return on Equity (ttm)

    42.10%

  • Revenue (ttm)

    154.15B

  • Net Income Avi to Common (ttm)

    8.55B

  • Diluted EPS (ttm)

    28.86

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    7.77B

  • Total Debt/Equity (mrq)

    133.33%

  • Levered Free Cash Flow (ttm)

    9.25B

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