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Marathon Petroleum Corporation (MPC)

435.98 -34.66 (-7.36%)
At close: October 27 at 4:00:03 PM EDT
439.73 +3.92 (+0.90%)
Pre-Market: 9:18:56 AM EDT
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What's happening with MPC?

5m ago
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Marathon Petroleum faces fresh pressure from a proposed U.S. sanctions waiver that could allow more Russian diesel imports. The development is challenging refining-margin expectations, while investors await MPC’s November 3 earnings report for updated results and guidance.

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  • Previous Close 470.64
  • Open 466.66
  • Bid 435.00 x 20000
  • Ask 444.00 x 40000
  • Day's Range 434.23 - 468.85
  • 52 Week Range 161.93 - 493.98
  • Volume 2,939,567
  • Avg. Volume 2,499,528
  • Market Cap (intraday) 122.434B
  • Beta (5Y Monthly) 0.54
  • PE Ratio (TTM) 15.10
  • EPS (TTM) 28.88
  • Earnings Date Nov 3, 2026
  • Forward Dividend & Yield 4.00 (0.92%)
  • 1y Target Est 458.72
  • Morningstar Rating Rating available with Stock Picks access

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 10/27/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

MPC
171.19%
S&P 500 (^GSPC)
12.81%

1-Year Return

MPC
125.89%
S&P 500 (^GSPC)
12.33%

3-Year Return

MPC
216.82%
S&P 500 (^GSPC)
87.56%

5-Year Return

MPC
636.73%
S&P 500 (^GSPC)
69.66%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 52.34B
Earnings 5.14B
Profit Margin 9.82%

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

236.00 Low
458.72 Average
435.98 Current
560.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/22/2026
Analyst TD Cowen
Rating Action Maintains
Rating Buy
Price Action Raises
Price Target 450 -> 478

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • 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)

    28.88

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    7.77B

  • Total Debt/Equity (mrq)

    133.33%

  • Levered Free Cash Flow (ttm)

    9.25B

Company Insights

Research Reports

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