MPC - Marathon Petroleum Corporation

NYSE - NYSE Delayed Price. Currency in USD
77.18
-2.47 (-3.10%)
At close: 4:02PM EDT
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Previous Close79.65
Open79.02
Bid0.00 x 800
Ask0.00 x 1400
Day's Range76.81 - 79.32
52 Week Range49.30 - 83.33
Volume6,162,848
Avg. Volume5,159,876
Market Cap34.809B
Beta1.60
PE Ratio (TTM)9.37
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
  • Is Valero’s Refining Margin Contracting in Q3 2018?
    Market Realist10 hours ago

    Is Valero’s Refining Margin Contracting in Q3 2018?

    In this article, we’ll evaluate Valero Energy’s (VLO) refining margin trend in the current quarter. We’ll review the refining crack indicators published by Valero. These indicators point toward VLO’s likely refining margin in the current quarter.

  • Valero Is Building an Integrated Downstream Growth Model
    Market Realist12 hours ago

    Valero Is Building an Integrated Downstream Growth Model

    Valero Energy (VLO) is steadily progressing on its path toward creating an integrated downstream value chain.

  • Have Analysts Started Warming Up to Valero Energy?
    Market Realist13 hours ago

    Have Analysts Started Warming Up to Valero Energy?

    Analysts’ ratings show that 12 out of the 18 analysts covering Valero Energy (VLO) have rated it as a “buy.” The remaining six have rated Valero as a “hold.” There are no “sell” ratings on VLO. In the past year, the number of “buy” ratings for Valero has risen.

  • How Are Refining Margins Trending in Q3 2018?
    Market Realist19 hours ago

    How Are Refining Margins Trending in Q3 2018?

    To gauge the refining margin environment in the current quarter, we’ll consider the refining margin indicators published by Andeavor (ANDV), Marathon Petroleum (MPC), and Valero Energy (VLO). Andeavor’s refining index values, which are regional crack indicators in the areas where ANDV operates, point towards the likely margins of the company. ANDV publishes these index values for three regions: California, the Pacific Northwest, and the Midcontinent.

  • Speedway adds high-level exec as $23B acquisition nears completion
    American City Business Journals21 hours ago

    Speedway adds high-level exec as $23B acquisition nears completion

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

  • MPC, TSO, VLO, PSX: Who Had Better Refining Yields in Q2 2018?
    Market Realist2 days 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 Realist2 days 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.

  • MPC, VLO, ANDV, PSX: Which Stock Could See Highest Gain?
    Market Realist2 days 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 Realist2 days ago

    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 Realist2 days ago

    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.

  • Investopedia3 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 Fool3 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 Journals5 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 Newswire6 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 Journals7 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 Realist8 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
    Zacks8 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 Journal8 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 Realist8 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 Trends8 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 Realist8 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.