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 will have the ability to produce 730 million gallons a year of renewable diesel once converted. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.
Employees: 18,200
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
26% more call options, than puts
Call options by funds: $536M | Put options by funds: $425M
2.31% more ownership
Funds ownership: 70.72% [Q3] → 73.04% (+2.31%) [Q4]
6% less funds holding
Funds holding: 1,540 [Q3] → 1,449 (-91) [Q4]
13% less first-time investments, than exits
New positions opened: 147 | Existing positions closed: 168
13% less capital invested
Capital invested by funds: $38.3B [Q3] → $33.3B (-$5.01B) [Q4]
27% less funds holding in top 10
Funds holding in top 10: 11 [Q3] → 8 (-3) [Q4]
29% less repeat investments, than reductions
Existing positions increased: 439 | Existing positions reduced: 616
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$174
13%
upside
Avg. target
$183
19%
upside
High target
$192
25%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Wells Fargo Roger Read 39% 1-year accuracy 43 / 109 met price target | 19%upside $183 | Overweight Maintained | 5 Feb 2025 |
Raymond James Justin Jenkins 42% 1-year accuracy 8 / 19 met price target | 25%upside $192 | Strong Buy Maintained | 17 Jan 2025 |
Mizuho Nitin Kumar 49% 1-year accuracy 35 / 71 met price target | 13%upside $174 | Neutral Maintained | 16 Dec 2024 |
Financial journalist opinion
Based on 19 articles about MPC published over the past 30 days
Positive
MarketBeat
1 week ago
Wells Fargo Upgraded These 3 Stocks—Here's Why They Stand Out
Now that the first quarter of 2025 is underway, investors across the board are probably looking to find the best ideas to get their portfolios started on the right foot. This way, they can have not only the momentum but also the liquidity necessary to chase the growth plays that will become available in later months.
Positive
Zacks Investment Research
1 week ago
Is Trending Stock Marathon Petroleum Corporation (MPC) a Buy Now?
Marathon Petroleum (MPC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Positive
Seeking Alpha
2 weeks ago
The Next Big Opportunity: My Favorite Dividend Stocks For The Shift Ahead
I believe we're at a turning point for cyclical stocks, with improving indicators and global growth signaling potential outperformance in industrials, energy, and transportation. I'm positioning my portfolio for this shift, adding to railroads, machinery, and energy stocks. I'm confident these sectors will see strong returns and accelerating dividend growth. Of course, risks remain - geopolitical tensions, inflation, or economic slowdowns could derail this trend. But for now, the risk/reward looks favorable.
Neutral
PRNewsWire
2 weeks ago
Marathon Petroleum Corp. prices $2.0 billion senior notes offering
FINDLAY, Ohio , Feb. 6, 2025 /PRNewswire/ -- Marathon Petroleum Corporation (NYSE: MPC) announced today that it has priced $2.0 billion in aggregate principal amount of unsecured senior notes in an underwritten public offering consisting of $1.1 billion aggregate principal amount of 5.15% senior notes due 2030 and $900 million aggregate principal amount of 5.70% senior notes due 2035. MPC intends to use the net proceeds from this offering to repay, redeem or otherwise retire its outstanding $1.25 billion aggregate principal amount of 4.700% senior notes due May 2025 and for general corporate purposes.
Positive
Zacks Investment Research
2 weeks ago
Marathon Petroleum Tops Q4 Earnings on Higher Throughput
In Q4, MPC spent $921 million on capital programs (53% on Refining and 41% on the Midstream segment0 compared to $780 million in the year-ago period.
Neutral
Seeking Alpha
2 weeks ago
Marathon Petroleum Corporation (MPC) Q4 2024 Earnings Call Transcript
Marathon Petroleum Corporation (NYSE:MPC ) Q4 2024 Earnings Conference Call February 4, 2025 11:00 AM ET Company Participants Kristina Kazarian - IR Maryann Mannen - CEO John Quaid - CFO Rick Hessling - Chief Commercial Officer James Wilkins - Senior Vice President Health, Environment, Safety and Security David Heppner - Chief Strategy Officer & SVP, Business Development Timothy Aydt - EVP, Refining Conference Call Participants Neil Mehta - Goldman Sachs Douglas Leggate - Wolfe Research Manav Gupta - UBS Paul Cheng - Scotiabank Roger Read - Wells Fargo Jason Gabelman - TD Cowen John Royall - JP Morgan Theresa Chen - Barclays Matthew Blair - Tudor Pickering Holt Operator Welcome to the MPC Fourth Quarter 2024 Earnings Call. My name is Amanda and I will be your operator for today's call.
Positive
Seeking Alpha
2 weeks ago
Marathon Petroleum: Further Upside Likely After A Better-Than-Feared Q4
Marathon Petroleum Corporation has faced challenges due to tighter crack spreads, but its MLP, MPLX, has performed well, contributing to a solid earnings report and supporting shares. MPC's refining operations are undervalued at 3.2x, 2024 EBITDA, with aggressive share repurchases also increasing the per-share value of its MPLX stake. Despite a tough refining environment, MPC's secure dividend and flexible buyback strategy offer a minimum 3% share count reduction and strong shareholder returns.
Neutral
Zacks Investment Research
2 weeks ago
Compared to Estimates, Marathon Petroleum (MPC) Q4 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Marathon Petroleum (MPC) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
The Motley Fool
2 weeks ago
Marathon Petroleum: Q4 EPS, Revenue Fall
Oil refining specialist Marathon Petroleum (MPC) had a rough fourth quarter, according to its earnings report released on Tuesday, Feb. 4. Quarterly earnings per share (EPS) fell nearly 81% year over year to an adjusted EPS of $0.77.
Positive
Zacks Investment Research
2 weeks ago
Marathon Petroleum (MPC) Q4 Earnings and Revenues Beat Estimates
Marathon Petroleum (MPC) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $3.98 per share a year ago.
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