MPC
NYSE · Energy
Marathon Petroleum Corp
$243.91
+11.38 (+4.89%)
Performance
1D
—
1W
—
1M
—
3M
+49.01%
6M
+22.76%
1Y
+63.60%
YTD
+47.70%
Open$238.79
Previous Close$232.53
Day High$247.14
Day Low$238.41
52W High$228.55
52W Low$115.10
Volume—
Avg Volume2.82M
Market Cap63.63B
P/E Ratio15.72
EPS$13.35
SectorEnergy
Technical Indicators
Full analysis →
SMA 50
$180.73
Above
SMA 200
$177.80
Above
RSI (14)
68.5
Neutral
Trend
Golden Cross
Bullish
Analyst Ratings
Buy
25 analysts
Price Target
-70.0% upside
Current
$243.91
$243.91
Target
$73.09
$73.09
$65.90
$73.09 avg
$122.53
Key Financials
| FY 2026 | FY 2025 | FY 2024 | |
|---|---|---|---|
| Revenue | 126.91B | 139.39B | 43.00B |
| Net Income | 3.80B | 3.76B | 3.58B |
| Profit Margin | 3.0% | 2.9% | 8.3% |
| EBITDA | 10.80B | 11.27B | 6.70B |
| Free Cash Flow | — | — | 4.75B |
| Rev Growth | -9.0% | -9.0% | +19.6% |
| Debt/Equity | 1.90 | 1.90 | 0.68 |
Dividend
Dividend Yield1.84%
Annual Dividend$3.73
Payout Ratio28.2%
Frequencyquarterly
Ex-DividendApr 18, 2026
Pay DateApr 28, 2026
About Marathon Petroleum Corp
Marathon Petroleum Corporation is one of the largest petroleum refining, marketing, and transportation companies in the United States, headquartered in Findlay, Ohio. The company operates a nationwide refining network processing a wide variety of crude oils into gasoline, distillates, and other refined products, distributing them through wholesale channels and its branded retail network. Marathon Petroleum also holds a majority interest in MPLX LP, a large midstream master limited partnership that owns and operates pipelines, terminals, storage facilities, and processing plants. Its refining scale and midstream integration position it alongside Valero Energy as one of the dominant independent refiners in the country.
Energy Peers
| Symbol | Name | Price | Change | P/E | Mkt Cap |
|---|---|---|---|---|---|
| XOM | Exxon Mobil Corp | $164.18 | -0.73% | 22.1 | 637.07B |
| CVX | Chevron Corporation | $205.93 | -0.42% | 30.3 | 372.06B |
| ENB | Enbridge Inc | $54.44 | +0.52% | 21.6 | 161.85B |
| TTE | Totalenergies Se | $88.79 | -0.39% | 8.3 | 168.10B |
| COP | Conocophillips | $129.35 | +1.70% | 19.4 | 155.27B |
| CNQ | Canadian Natural Resources | $49.09 | +0.14% | 13.4 | 144.98B |
MPC Frequently Asked Questions
What does Marathon Petroleum Corp do?
Marathon Petroleum's core business is turning crude oil into refined products — gasoline, diesel, and jet fuel — through one of the largest refinery networks in the United States. The economics hinge on the refining crack spread, the margin between what it pays for crude and what it earns on finished products. Beyond refining, the company controls a majority stake in MPLX LP, a midstream partnership that hauls and processes hydrocarbons through pipelines and processing plants, providing a fee-based income stream that partially offsets the cyclicality of refining.
Is MPC stock a good investment?
Marathon Petroleum's profitability is tightly tied to refining margins, which can swing sharply with crude prices, demand cycles, and regional supply dynamics. When crack spreads are wide, earnings surge; when they compress, results suffer. The MPLX stake adds a layer of stability through fee-based cash flows. Management has used strong earnings periods to fund aggressive share buybacks, reducing share count materially. The dividend is modest but consistent, and the refining footprint is among the most efficient in the industry.
Who are Marathon Petroleum Corp's main competitors?
Valero Energy is Marathon's most direct comparable — both are large independent refiners without upstream production. Phillips 66 operates a similar integrated model with refining and midstream assets. HF Sinclair and PBF Energy are smaller but compete for similar margins in overlapping regional markets. In the midstream business, MPLX faces competition from Williams Companies, Targa Resources, and several other large pipeline operators.
Does Marathon Petroleum Corp pay dividends?
Marathon Petroleum pays a regular quarterly dividend and has supplemented it with substantial share repurchase programs during periods of strong refining margins. The company has generally been willing to increase the dividend as earnings allow, though unlike some utilities or consumer staples, refining-cycle volatility means payout growth is less predictable than in more defensive sectors. Investors in MPC often view the combination of dividend and buybacks as the primary mechanism for capital returns.
Where is MPC trading today?
MPC is currently trading at $243.91, up 4.89% in today's session. Over the past 52 weeks, the stock has traded between a low of $115.10 and a high of $228.55. The current price represents 100% of its 52-week range, which helps investors gauge where the stock sits relative to its recent trading history.
What are analyst ratings for MPC stock?
Among 25 analysts covering MPC, the consensus rating is Buy — 14 rate it a buy, 11 hold, and 0 sell. The average price target sits at $73.09, implying 70% downside from the current price. Keep in mind that analyst targets reflect 12-month expectations and can shift quickly after earnings reports or major company events.
How much revenue does Marathon Petroleum Corp generate?
Marathon Petroleum Corp generated $126.91B in revenue during fiscal year 2026, with $3.80B reaching the bottom line as net income. The net profit margin of 3.0% reflects the competitive nature of its industry.
What is the price-to-earnings ratio for MPC?
MPC trades at a P/E ratio of 15.72 on trailing earnings of $13.35 per share. That's roughly in line with the broader market average of ~20-25x. Comparing this multiple against Energy sector peers gives better context than the broad market alone, since P/E norms vary significantly across industries.
How has MPC performed compared to last year?
Performance varies across timeframes, reflecting shifting market conditions. Returns by timeframe: +49.01% (3M), +22.76% (6M), +63.60% (1Y), +47.70% (YTD). Comparing these figures against the S&P 500 and sector benchmarks helps determine whether MPC is outperforming or lagging the broader market.