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Marathon Petroleum Corp

MPC.N

Latest Trade

60.20USD

Change

0.35(+0.58%)

Volume

1,090,834

Today's Range

60.12

 - 

61.00

52 Week Range

43.96

 - 

69.61

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
59.85
Open
60.27
Volume
1,090,834
3M AVG Volume
130.70
Today's High
61.00
Today's Low
60.12
52 Week High
69.61
52 Week Low
43.96
Shares Out (MIL)
658.32
Market Cap (MIL)
39,089.17
Forward P/E
13.67
Dividend (Yield %)
3.52

Next Event

Q4 2019 Marathon Petroleum Corp Earnings Release

Latest Developments

More

Third Point Reports Share Stake In Afya Ltd, SmileDirectClub

Elliott Management Cuts Share Stake In Arconic, Ups Share Stake in Marathon Petroleum

Marathon Petroleum - Gary Heminger Announces Plan To Retire From Marathon In 2020

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About Marathon Petroleum Corp

Marathon Petroleum Corporation is engaged in refining, marketing, retail and transportation businesses in the United States and the largest east of the Mississippi. The Company operates through three segments: Refining & Marketing; Speedway; and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at the Company's seven refineries in the Gulf Coast and Midwest regions of the United States. Its Speedway segment sells transportation fuels and convenience products in the retail market in the Midwest, East Coast and Southeast regions of the United States. The Company's Midstream is engaged in the operations of MPLX LP and certain other related operations. It gathers, processes and transports natural gas, natural gas liquids (NGLs), crude oil and refined products. MPLX is a limited partnership which owns, operates, develops and acquires midstream energy infrastructure assets.

Industry

Oil & Gas Operations

Contact Info

539 S Main St

+1.419.4222121

http://www.marathonpetroleum.com

Executive Leadership

Gary R. Heminger

Chairman of the Board, Chief Executive Officer

Gregory J. Goff

Executive Vice Chairman of the Board

Donald C. Templin

Chief Financial Officer, Executive Vice President

Timothy T. Griffith

President of Speedway LLC

Fiona C. Laird

Chief Human Resource Officer

Key Stats

1.59 mean rating - 17 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

63.4K

2017

75.4K

2018

97.1K

2019(E)

125.7K
EPS (USD)

2016

2.140

2017

3.890

2018

6.140

2019(E)

4.403
Price To Earnings (TTM)
12.93
Price To Sales (TTM)
0.31
Price To Book (MRQ)
1.16
Price To Cash Flow (TTM)
5.06
Total Debt To Equity (MRQ)
85.48
LT Debt To Equity (MRQ)
83.83
Return on Investment (TTM)
7.52
Return on Equity (TTM)
5.54

Latest News

Latest News

Marathon Petroleum to change CEO, split company after hedge fund campaign

Marathon Petroleum Corp <MPC.N> chief Gary Heminger will leave next year, the largest U.S. independent refiner said on Thursday, adding it would launch a sweeping restructuring demanded by activist investors, including the spinoff of retail operations.

Marathon Petroleum to spin off gas station unit, review midstream assets

Marathon Petroleum Corp said on Thursday it will spin off its gas station business Speedway and review the midstream assets, conceding to some of the demands made by activist investors Elliott Management Corp and DE Shaw & Co.

Marathon heads into earnings targeted by activist investors

Marathon Petroleum Corp will release earnings on Thursday at a time when activist investors are pressuring company executives to make major changes, including potentially spinning off its retail gasoline unit that enjoyed strong margins in the most recent quarter.

Marathon Petroleum mulls selling two refineries: Bloomberg

U.S. refiner Marathon Petroleum Corp, which is under pressure from activist investor Elliott Management Corp, is considering the sale of two plants in Alaska and Utah, Bloomberg reported, citing people familiar with the matter.

Major Marathon Petroleum shareholders seek CEO ouster - WSJ

Two major shareholders of Marathon Petroleum Corp have called for the ouster of the fuel maker's Chief Executive Officer Gary Heminger, the Wall Street Journal reported on Friday.

Elliott revives call to split Marathon Petroleum into three

Elliott Management Corp on Wednesday urged Marathon Petroleum Corp <MPC.N> to split into three companies, saying it would boost shareholder value by as much as $40 billion, three years after the activist hedge fund asked the refiner to consider spinning off businesses.

Elliott renews demand for split up of Marathon Petroleum

Elliott Management on Wednesday called for Marathon Petroleum Corp to split into three independent companies, three years after the activist investor demanded the refiner to undertake a strategic review and spin off its main businesses.

Marathon Petroleum tops estimates on refining beat, retail strength

U.S. refiner Marathon Petroleum Corp <MPC.N> beat estimates for quarterly profit on Thursday, benefiting from better-than-expected earnings from its refining segment as well as higher sales in its gas stations business.

Marathon Petroleum reports 5% rise in quarterly profit

U.S. refiner Marathon Petroleum Corp reported a 4.8% rise in quarterly profit on Thursday, as strength in its midstream and retail segments more than offset a fall in refining income.

House Democrats ask Marathon Petroleum to detail White House talks on vehicle rules

Three key U.S. House of Representatives Democrats on Wednesday asked Marathon Petroleum Corp to disclose any communications between the White House and federal agencies on the Trump administration's proposal to freeze fuel efficiency standards at 2020 levels through 2026.

U.S. House Democrats ask Marathon Petroleum to detail White House talks on vehicle rules

Three key U.S. House of Representatives Democrats on Wednesday asked Marathon Petroleum to disclose any communications between the White House and federal agencies on the Trump administration's proposal to freeze fuel efficiency standards at 2020 levels through 2026.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Wednesday:

Marathon Petroleum combines midstream units, surprise loss drags down shares

Marathon Petroleum Corp said on Wednesday it would combine its midstream units in a $9 billion deal, but shares fell more than 5 percent following a surprise quarterly loss on lower-than-expected refining margins.

Marathon Petroleum's midstream units to merge in $9 bln deal

Marathon Petroleum Corp said on Wednesday it would combine its midstream units MPLX LP and Andeavor Logistics LP in a $9 billion deal.

Weak first quarter seen for U.S. refiners, but brighter summer expected

U.S. independent refiners are expected to roll out lower than expected first-quarter profits after a spate of outages, weak gasoline margins and a surge in the price of Canadian oil, according to analysts.

RPT-Weak first quarter seen for U.S. refiners, but brighter summer expected

U.S. independent refiners are expected to roll out lower than expected first-quarter profits after a spate of outages, weak gasoline margins and a surge in the price of Canadian oil, according to analysts.

U.S. Renewable Fuel Standard is not working: Marathon CEO

The U.S. Renewable Fuel Standard (RFS) laws are not working and there is an "opportunity for a reset" of the standard in Washington, Marathon Petroleum Corp Chief Executive Gary Heminger said on Tuesday.

IMO 2020 fuel switch won't be shock to globe's refiners: Marathon CEO

Marathon Petroleum Corp Chief Executive Gary Heminger said the switch to ultra-low sulfur diesel fuel for ships scheduled for Jan. 1, 2020 would not be a shock to the global oil refining industry.

CERAWEEK-U.S. Renewable Fuel Standard is not working -Marathon CEO

The U.S. Renewable Fuel Standard (RFS) laws are not working and there is an "opportunity for a reset" of the standard in Washington, Marathon Petroleum Corp Chief Executive Gary Heminger said on Tuesday.

Marathon, Galveston Bay workers to resume contract talks: official

Union workers at Marathon Petroleum Corp's Galveston Bay Refinery are preparing to resume negotiations with the company after rejecting the last contract offer, a United Steelworkers (USW) official said.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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