Marathon Petroleum
About: Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 3.0 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility has the ability to produce 730 million gallons a year of renewable diesel. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.
Employees: 18,300
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
26% more call options, than puts
Call options by funds: $536M | Put options by funds: $425M
3.31% more ownership
Funds ownership: 70.02% [Q3] → 73.33% (+3.31%) [Q4]
3% less first-time investments, than exits
New positions opened: 170 | Existing positions closed: 175
2% less funds holding
Funds holding: 1,543 [Q3] → 1,511 (-32) [Q4]
12% less capital invested
Capital invested by funds: $38B [Q3] → $33.4B (-$4.51B) [Q4]
27% less funds holding in top 10
Funds holding in top 10: 11 [Q3] → 8 (-3) [Q4]
30% less repeat investments, than reductions
Existing positions increased: 450 | Existing positions reduced: 639
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Barclays Theresa Chen 30% 1-year accuracy 10 / 33 met price target | 10%upside $141 | Overweight Maintained | 14 Apr 2025 |
Scotiabank Paul Cheng 30% 1-year accuracy 11 / 37 met price target | 15%upside $147 | Sector Outperform Maintained | 11 Apr 2025 |
Wells Fargo Roger Read 22% 1-year accuracy 25 / 114 met price target | 37%upside $175 | Overweight Maintained | 11 Apr 2025 |
Raymond James Justin Jenkins 10% 1-year accuracy 2 / 21 met price target | 43%upside $183 | Strong Buy Maintained | 9 Apr 2025 |
Piper Sandler Ryan Todd 19% 1-year accuracy 5 / 27 met price target | 22%upside $156 | Neutral Maintained | 7 Mar 2025 |
Financial journalist opinion
Based on 11 articles about MPC published over the past 30 days









