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Marathon Petroleum MPC

US equityMarket cap rank #140Oil & Gas Refining & MarketingESG Investing
$397.15
+$8.77 (+2.26%)
Market open · Sep 24, 1:10 pm ET
After hours $388.99 +0.16%
Open$393.15
Prev close$388.38
Day range$387.74 – $401.09
Volume884.7K
Market cap$111.53B
P/E (TTM)13.8
Dividend yield0.98%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

MPC at a glance

MPC last changed hands at $397.15 (up 2.26%). At $111.53B, Marathon Petroleum is ranked #140 by size among the 300 stocks on BeStock.

Over the past 52 weeks it has traded between $160.07 and $431.08, so it sits 7.9% below the top of that range. Holders are ahead 109.1% over twelve months, and up 61.5% across the last three months.

On the chart it holds above both the 50-day ($352.65) and 200-day ($253.10) moving averages; RSI is 56, and the last 30 sessions moved at roughly 30% annualized volatility.

Revenue for the quarter ended Jun 2026 was $51.99B, up 53.8% from a year earlier, with $5.54B of net profit (a 5.6% margin).

Buyers are paying 13.8 times trailing earnings, 32% above its five-year average of 10.5. The median for its industry group is 30.0.

14 analysts follow the stock and the average call is "buy". The mean target, $377.71, sits 4.9% under where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

Marathon Petroleum: the business

Marathon Petroleum is the largest U.S. refiner, and it also controls the MPLX pipeline company.

What tends to move it. Refining margins, called crack spreads, drive earnings, and it returns large amounts through buybacks.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
+2.3%
1 week
-4.1%
1 month
+9.6%
3 months
+61.5%
6 months
+63.9%
Year to date
+147.0%
1 year
+109.1%
Day range
$387.74$401.09
52-week range
$160.07$431.08

Technical signals

Full technicals →
Trend readStrong uptrend

6 bullish · 1 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average+1.1%Bullish
Price vs 50-day average+12.6%Bullish
Price vs 200-day average+56.9%Bullish
50-day vs 200-day50d above 200dBullish
RSI (14)56.3Bullish
MACD (12,26,9)15.51Bearish
Bollinger band position56%Bullish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$396.95 / $397.50
Average price today$396.49
Volume884.7KAvg (90d) 2.49M
Turnover$350.76M
Turnover rate0.32%of shares outstanding
Volume ratio0.30vs. recent average pace
Day amplitude3.44%
Market cap$111.53B
Float market cap$111.20B
Shares outstanding279.99M
EPS (TTM)$13.22
P/E (TTM)13.77
P/B5.85
Book value / share$67.93
Earnings yield0.42%
Dividend (TTM)$3.91 / shareYield 0.98%
Net profit (TTM)$3.71B
Net assets$19.08B
30-day volatility30.2%annualized
Avg daily range (ATR)3.91%of price, 14 days
Max drawdown (1y)-18.3%-6.5% from 1y peak

Quote as of Sep 24, 2026 1:10 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How MPC ranks on BeStock

Market value#140 of 300
P/E (cheapest = 1)#161 of 283
Dividend yield#174 of 244
Closeness to 52-week high#78 of 300
Dollar volume today#99 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026

Revenue$51.99B+53.8% YoY
Operating profit$6.98B+268.3% YoY
Net profit$5.54B+244.0% YoY
Diluted EPS$17.73+347.7% YoY
Free cash flow$9.14B+370.2% YoY
Operating cash flow$10.33B

Revenue, last 8 quarters

$35.1BSep '24$33.1BDec '24$31.5BMar '25$33.8BJun '25$34.8BSep '25$32.6BDec '25$34.2BMar '26$52.0BJun '26

Net profit, last 8 quarters

$1.0BSep '24$785.0MDec '24$346.0MMar '25$1.6BJun '25$1.9BSep '25$2.0BDec '25$851.0MMar '26$5.5BJun '26

Profitability & balance sheet

Gross margin10.3%
Operating margin7.5%
Net margin5.6%
Return on equity47.9%
Return on assets9.9%
Return on invested capital19.3%
Current ratio1.25
Liabilities / assets72.7%
Cash & investments$7.77B
Total debt$33.79B
Net cash (debt)-$26.03B
Free cash flow / sales8.4%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Refining & Marketing$49.31B 91.9%
  • Midstream$3.11B 5.8%
  • Renewable diesel$1.25B 2.3%
Average move on report day±4.0%last 16 reports
Closed higher12 of 1675% of the time
Best reaction+6.7%
Worst reaction-9.4%

Stock move on the day after each report

+3.2%2024/Q3+6.7%2024/Q4+0.9%2025/Q1+0.6%2025/Q2-6.1%2025/Q3+6.0%2025/Q4+3.2%2026/Q1+1.8%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings14.5x
CheapRich

Above its usual level · 73rd percentile, 5-year average 10.5x

#1049 of 2974 stocks by PE (1 = cheapest)

Price / book6.1x
CheapRich

Near the top of its 5-year range · 100th percentile, 5-year average 2.6x

#4475 of 5302 stocks by PB (1 = cheapest)

Price / sales0.8x
CheapRich

Near the top of its 5-year range · 100th percentile, 5-year average 0.4x

#1283 of 5139 stocks by PS (1 = cheapest)

P/E over five years

1x11x20x30xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$236.00
Price vs. fair value+68.3%Trading above the estimate
Star rating★★☆☆☆
Economic moatNarrow
UncertaintyVery High

Analyst view

All ratings →
ConsensusBuy
Analysts14
Average target$377.71-4.9% vs. price
  • Buy 71%
  • Hold 29%
Low $290.00Now $397.15Avg $377.71High $462.00

Latest rating actions

  • 14 Sep 2026UBSBUY · PT $450.00
  • 14 Sep 2026Raymond JamesBUY · PT $445.00
  • 14 Sep 2026Morgan StanleyBUY · PT $453.00
  • 10 Sep 2026BofA SecuritiesHOLD · PT $410.00
  • 8 Sep 2026UBSBUY · PT $450.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership78.8%+0.51 pts vs. prior quarter
Institutions holding2,167-7 vs. prior quarter
Insider trades (recent)10 buys / 6 sellsNet buying
Short interest2.71% of floatDays to cover 3.0 · as of 31 Aug 2026
Short-sale volume share29.4%5-day average of daily volume

Short-sale volume as % of daily volume

18%27%37%46%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$85.37M (4 inflow days, 16 outflow days).

Dividends

Dividend yield (TTM)0.98%
Last dividend$1.00Ex-date 19 Aug 2026
Next-to-last$1.00
Payments on file40

Dividends paid per share, by year

1.8420182.1220192.3220202.3220212.4920223.0820233.3920243.732025

Across the full calendar years shown, the annual payout grew by roughly 10.6% a year.

Latest headlines

More news →
  • UBS Maintains Marathon Petroleum(MPC.US) With Buy Rating, Raises Target Price to $450Market news · 8 Sep 2026
  • Piper Sandler Maintains Marathon Petroleum(MPC.US) With Buy Rating, Raises Target Price to $462Market news · 3 Sep 2026
  • Morgan Stanley Maintains Marathon Petroleum(MPC.US) With Buy Rating, Raises Target Price to $453Market news · 14 Sep 2026
  • UBS Maintains Marathon Petroleum(MPC.US) With Buy Rating, Maintains Target Price $450Market news · 14 Sep 2026
  • Raymond James Maintains Marathon Petroleum(MPC.US) With Buy Rating, Raises Target Price to $445Market news · 14 Sep 2026
  • BofA Securities Maintains Marathon Petroleum(MPC.US) With Hold Rating, Raises Target Price to $410Market news · 11 Sep 2026

MPC stock: common questions

What is MPC's latest share price?

$397.15 is the latest print for MPC, a move of +2.26% against yesterday's close of $388.38. Today's low and high so far: $387.74 and $401.09.

How large is Marathon Petroleum by market value?

Equity value comes to $111.53B at the current price. By that measure it is number 140 of the 300 names in our coverage.

What multiple of earnings does MPC sell for?

Buyers pay 13.8 times the last twelve months of profit (EPS $13.22). Averaged over five years the multiple has been 10.5, and today's level ranks in the 73rd percentile of its own history.

How far is MPC from its yearly high?

The year's floor is $160.07 and the ceiling $431.08. Shares are 7.9% away from that ceiling.

Are there dividends on Marathon Petroleum shares?

It does. Payouts over the past twelve months work out to a 0.98% yield; the latest ex-dividend date was August 19, 2026.

Do Wall Street analysts like MPC?

Of 14 analysts, 71% say buy, 29% hold and 0% sell. Price targets average $377.71, with the most cautious at $290.00 and the most optimistic at $462.00.

How does Marathon Petroleum make money?

Marathon Petroleum is the largest U.S. refiner, and it also controls the MPLX pipeline company.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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