MPC - Marathon Petroleum Corporation

NYSE - NYSE Delayed Price. Currency in USD
80.11
+0.02 (+0.02%)
At close: 4:01PM EDT
Stock chart is not supported by your current browser
Previous Close80.09
Open80.71
Bid0.00 x 900
Ask0.00 x 1000
Day's Range79.28 - 80.86
52 Week Range49.30 - 83.33
Volume3,413,789
Avg. Volume5,179,087
Market Cap36.13B
Beta1.60
PE Ratio (TTM)9.72
EPS (TTM)8.24
Earnings DateOct 24, 2018 - Oct 29, 2018
Forward Dividend & Yield1.84 (2.25%)
Ex-Dividend Date2018-08-15
1y Target Est98.85
Trade prices are not sourced from all markets
  • MPC, TSO, VLO, PSX: Who Had Better Refining Yields in Q2 2018?
    Market Realist17 hours ago

    MPC, TSO, VLO, PSX: Who Had Better Refining Yields in Q2 2018?

    The refining yield shows the quantity and quality of various refined products produced. In Q2 2018, Andeavor’s (ANDV) gasoline production stood at 51% of its total refined products produced, which was the highest compared to peers Marathon Petroleum (MPC), Phillips 66 (PSX), and Valero Energy (VLO). ANDV’s distillate production stood at 36%, leaving other production to only 13%, the lowest compared to MPC, VLO, and PSX. Usually, heavier refined products fetch lower realizations than lighter ones. Thus, the higher the production of lighter products, the higher the revenues for refiners.

  • MPC, VLO, ANDV, PSX: Who Has the Highest Refining Margin?
    Market Realist18 hours ago

    MPC, VLO, ANDV, PSX: Who Has the Highest Refining Margin?

    In this part, we’ll look at the gross refining margins (or GRM) of leading American downstream companies. Marathon Petroleum (MPC) had the highest gross refining margin in Q2 2018, followed by Andeavor (ANDV), Phillips 66 (PSX), and Valero Energy (VLO). The refining companies’ GRM rose in Q2 2018 over Q2 2017. Let’s delve deeper into individual refiners’ margin performance.

  • See what the IHS Markit Score report has to say about Marathon Petroleum Corp.
    Markit19 hours ago

    See what the IHS Markit Score report has to say about Marathon Petroleum Corp.

    Marathon Petroleum Corp NYSE:MPC

  • MPC, VLO, ANDV, PSX: Which Stock Could See Highest Gain?
    Market Realist20 hours ago

    MPC, VLO, ANDV, PSX: Which Stock Could See Highest Gain?

    In the previous part, we began reviewing analyst ratings for refiners after Q2 earnings. We compared overall ratings of Marathon Petroleum (MPC), Valero Energy (VLO), Andeavor (ANDV), and Phillips 66 (PSX). We also looked at analyst ratings for MPC and VLO. Now we’ll look at analyst rating details for ANDV and PSX.

  • MPC, VLO, ANDV, PSX: How Analyst Ratings Compare
    Market Realistyesterday

    MPC, VLO, ANDV, PSX: How Analyst Ratings Compare

    In this article, we’ll review analyst ratings for downstream firms after their Q2 2018 earnings. Marathon Petroleum (MPC), Valero Energy (VLO), Andeavor (ANDV), and Phillips 66 (PSX) are covered by a total of 14, 18, 14, and 17 analysts, respectively. Of these, 93%, 67%, 21%, and 41% of analysts rated MPC, VLO, ANDV, and PSX as a “buy,” respectively. We’ll discuss MPC and VLO in this part and ANDV and PSX in the next part.

  • How Refiners’ Earnings Looked in Q2 2018
    Market Realistyesterday

    How Refiners’ Earnings Looked in Q2 2018

    In the previous part of this series, we saw that Andeavor (ANDV), Marathon Petroleum (MPC), Valero Energy (VLO), and Phillips 66 (PSX) surpassed their earnings estimate. Now let’s delve into their performances in more detail.

  • MPC, VLO, ANDV, PSX: How These Refiners Fared in Q2
    Market Realist2 days ago

    MPC, VLO, ANDV, PSX: How These Refiners Fared in Q2

    Refining companies Marathon Petroleum (MPC), Andeavor (ANDV), Valero Energy (VLO), and Phillips 66 (PSX) all recently posted their Q2 2018 earnings.

  • Investopedia2 days ago

    3 Oil Stocks Seen Plunging as Much as 14%

    The decline in oil prices may accelerate as the U.S. dollar soars higher, and that's bad news for oil stocks. Oil prices and the dollar tend to go in opposite directions, representing what experts call a negative correlation. Should the dollar continue to strengthen against other foreign currencies, the price of oil will probably decline.

  • Andeavor's Recent Moves Make the Marathon Merger Seem Like a Done Deal
    Motley Fool2 days ago

    Andeavor's Recent Moves Make the Marathon Merger Seem Like a Done Deal

    Even though the merger isn't set to close until October, Andeavor's earnings and management statements suggest that the official closing is a mere formality.

  • Marathon releases leadership roster for post-Andeavor acquisition
    American City Business Journals4 days ago

    Marathon releases leadership roster for post-Andeavor acquisition

    The assignments were listed in a company email sent to employees Friday and obtained by the Business Journal.

  • PR Newswire5 days ago

    Marathon Petroleum Corp. announces additional executives leading combined company after closing Andeavor transaction

    FINDLAY, Ohio , Aug. 10, 2018 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) announced today that its top leadership has selected their executive teams to lead the company's functions upon closing ...

  • PR Newswire5 days ago

    MPC executive C. Michael Palmer announces retirement and will continue as executive vice president to assist in integration

    FINDLAY, Ohio, Aug. 10, 2018 /PRNewswire/ -- C. Michael Palmer, MPC's senior vice president of Supply, Distribution, and Planning, has elected to retire effective Jan. 1, 2019. Palmer has been named executive vice president, assisting in the integration of MPC and Andeavor upon closing of the pending merger. "As we expand our supply and distribution network to reflect our coast-to-coast footprint, Mike's 42 years of experience with MPC and his expertise in our business has been invaluable," said Heminger.

  • Speedway continues to expand reach
    American City Business Journals6 days ago

    Speedway continues to expand reach

    The company posted $19 billion in revenue last year, making it far and away the largest company in the Miami Valley.

  • How Have Phillips 66’s Refining Yields Trended in Q2 2018?
    Market Realist7 days ago

    How Have Phillips 66’s Refining Yields Trended in Q2 2018?

    The refining yield shows the volumes of various refined products produced. Higher complexity refineries (with more advanced oil processing units) produce more lighter refined products like gasoline. Lighter refined products garner higher realizations than the heavier ones. As a result, when the production of lighter products increases, the revenues for the refiners typically increase.

  • The Zacks Analyst Blog Highlights: BP, Apache, Concho Resources, Petrobras and Marathon Petroleum
    Zacks7 days ago

    The Zacks Analyst Blog Highlights: BP, Apache, Concho Resources, Petrobras and Marathon Petroleum

    The Zacks Analyst Blog Highlights: BP, Apache, Concho Resources, Petrobras and Marathon Petroleum

  • The Wall Street Journal7 days ago

    [$$] Gasoline Makers Are Reaping Big Profits

    American fuel makers are posting their best second-quarter profits in years, thanks to soaring domestic oil production and regional pipeline bottlenecks that are allowing them to buy crude on the cheap. Refining companies typically suffer as oil prices rise because drivers scale back their travel, reducing demand for gasoline and diesel. Phillips 66, the largest independent refiner by market capitalization, earned an average of $12.28 per refined barrel during the second quarter, up from $8.44 for the comparable period last year.

  • Where Do Analysts’ Ratings for ANDV Stand?
    Market Realist7 days ago

    Where Do Analysts’ Ratings for ANDV Stand?

    So far in this series, we’ve examined Andeavor’s (ANDV) refining margin performance in the second quarter and discussed its stock performance on its earnings release date of August 6.

  • ETF Trends7 days ago

    Energy ETFs to Capture the Strength in Oil Refiners

    U.S. gasoline producers are revealing their best second-quarter profits in years as rising domestic oil production and regional pipeline bottlenecks helped them cheaply acquire crude. Investors can also ...

  • How Did Andeavor Stock Perform on Its Earnings Release Day?
    Market Realist7 days ago

    How Did Andeavor Stock Perform on Its Earnings Release Day?

    Andeavor (ANDV) announced its second-quarter earnings results after the market closed on August 6. Let’s see how its stock performed on the day.

  • Did Andeavor’s Refining Margin Expand in Q2 2018?
    Market Realist8 days ago

    Did Andeavor’s Refining Margin Expand in Q2 2018?

    Andeavor (ANDV) posted its second-quarter earnings results on August 6. In the period, it surpassed estimates.

  • Which Region Boosted Phillips 66’s Refining Margin in Q2 2018?
    Market Realist8 days ago

    Which Region Boosted Phillips 66’s Refining Margin in Q2 2018?

    Do Wall Street Analysts Like Phillips 66? In our analysis of PSX’s segmental earnings trend, we saw that its Refining segment was the top contributor of PSX’s total adjusted income in the second quarter. PSX’s worldwide refining margin rose by $3.80 per barrel (45.0%) YoY (year-over-year) to $12.30 per barrel in the second quarter.

  • Andeavor’s Second-Quarter Earnings Beat Estimates
    Market Realist8 days ago

    Andeavor’s Second-Quarter Earnings Beat Estimates

    Andeavor’s Second-Quarter Earnings Beat EstimatesAndeavor’s Q2 2018 estimated and actual performance

  • PSX’s Q2 2018 Capex: How Is Its Growth Trajectory Shaping Up?
    Market Realist8 days ago

    PSX’s Q2 2018 Capex: How Is Its Growth Trajectory Shaping Up?

    Phillips 66’s (PSX) capital expenditure (or capex) stood at $538.0 million in the second quarter. In the second quarter, PSX has incurred 28.0% capex in the Refining segment, 63.0% in the Midstream segment, and 3.0% in the Marketing and Specialty segment.

  • Cheap domestic crude oil helps Andeavor post half-billion-dollar profit in second quarter
    American City Business Journals8 days ago

    Cheap domestic crude oil helps Andeavor post half-billion-dollar profit in second quarter

    San Antonio-based refining company Andeavor on Monday reported more than a half-billion dollars in profit during the second quarter — just weeks ahead of stockholders voting on a plan to sell the company to Ohio-based refiner Marathon Petroleum Corp. Andeavor (NYSE: ANDV) reported a $515 million profit on nearly $12.5 billion in revenue during the second quarter, dramatic improvements over $87 million in net income on $7.8 billion in revenue during the same period last year. For stockholders, the second-quarter figures translated into earnings per share of $3.38 compared to 31 cents during second quarter 2017. The second-quarter figures beat analysts' expectations for earnings per share by 39 cents, and they beat revenue by $480 million.