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Marathon Petroleum Corp

MPC.N

Latest Trade

29.24USD

Change

0.99(+3.50%)

Volume

1,890,077

Today's Range

28.51

 - 

29.50

52 Week Range

15.27

 - 

69.61

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

Pricing

Previous Close
28.25
Open
28.60
Volume
1,890,077
3M AVG Volume
155.89
Today's High
29.50
Today's Low
28.51
52 Week High
69.61
52 Week Low
15.27
Shares Out (MIL)
650.70
Market Cap (MIL)
18,382.15
Forward P/E
-7.14
Dividend (Yield %)
8.21

Next Event

Q3 2020 Marathon Petroleum Corp Earnings Release

Latest Developments

More

Marathon Petroleum Says Approved Involuntary Workforce Reduction Plan

Marathon Petroleum Announces Redemption Of Outstanding Senior Notes With MPLX LP

Marathon Petroleum Reports Second-Quarter 2020 Results

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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

FINDLAY, OH

45840-3229

United States

+1.419.4212159

http://www.marathonpetroleum.com

Executive Leadership

John P. Surma

Non-Executive Chairman of the Board

Michael J. Hennigan

President, Chief Executive Officer, Director

Donald C. Templin

Chief Financial Officer, Executive Vice President

Timothy T. Griffith

President of Speedway LLC

Glenn M. Plumby

Executive Vice President and Chief Operating Officer, Speedway LLC

Key Stats

2.00 mean rating - 16 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

75.4K

2018

97.1K

2019

124.9K

2020(E)

73.8K
EPS (USD)

2017

3.890

2018

6.140

2019

4.940

2020(E)

-4.090
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.18
Price To Book (MRQ)
0.77
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
135.49
LT Debt To Equity (MRQ)
128.26
Return on Investment (TTM)
-12.12
Return on Equity (TTM)
-9.16

Latest News

Latest News

SEC fines Andeavor $20 million for inadequate controls over stock buyback plan

U.S. refiner Andeavor LLC agreed to pay $20 million in penalties to the Securities and Exchange Commission (SEC) for inadequate controls over a stock buyback plan it executed while it was in talks to be bought by Marathon Petroleum Corp <MPC.N> in 2018.

U.S. oil refiner Marathon Petroleum cuts 12% of staff because of pandemic

Marathon Petroleum Corp <MPC.N>, the top U.S. oil refiner, is cutting 12% of its workforce amid continued declines in fuel consumption due to the COVID-19 pandemic, it said on Wednesday.

Top U.S. oil refiner Marathon Petroleum to lay off 12% of workforce

Marathon Petroleum Corp <MPC.N>, the largest U.S. oil refiner, said it would lay off about 2,050 employees, or 12% of its workforce, at its U.S. operations, excluding Speedway, as the COVID-19 pandemic crushed global demand for motor fuels.

Top U.S. oil refiner Marathon Petroleum to lay off 12% workforce

Marathon Petroleum Corp, the largest U.S. oil refiner, said https://bit.ly/3cM8d5Y it would cut about 2,050 jobs, or 12% of its workforce, at its U.S. operations, excluding its Speedway operation, as the COVID-19 pandemic crushed global demand for motor fuels.

EXCLUSIVE-Marathon Petroleum cutting at least 6% of refinery staff at nine U.S. plants

Marathon Petroleum Corp's oil-refining unit is cutting at least 6% of its staff, according to people familiar with the matter, demonstrating the depth of declining fuel demand during the pandemic.

Marathon Petroleum, top U.S. refiner, begins widespread job cuts

Marathon Petroleum Corp <MPC.N>, the largest U.S. oil refiner, began cutting jobs on Tuesday across the company, according to people familiar with the matter, as the COVID-19 pandemic sapped demand for motor fuels.

Marathon Petroleum to represent refinery owners in 2022 USW contract talks -official

Marathon Petroleum Corp has agreed to be the lead company in 2022 talks with the United Steelworkers union (USW) for a new national agreement covering U.S. refinery and chemical workers, said a USW official.

Japan's Seven & i seals $21 billion deal for Marathon Petroleum's Speedway gas stations

The Japanese owner of 7-Eleven convenience stores has agreed to buy Marathon Petroleum Corp's <MPC.N> Speedway gas stations for $21 billion, brushing aside coronavirus concerns to return to the table five months after initially baulking at the deal.

Marathon posts smaller loss than feared, points to improved demand

U.S. oil refiner Marathon Petroleum Corp posted a smaller-than-expected quarterly loss on Monday, hours after announcing a big financial boost from the $21 billion sale of its Speedway gas stations to Japan's Seven & i <3382.T>.

Marathon Petroleum to permanently close two U.S. oil refineries

Marathon Petroleum <MPC.N> plans to permanently close two small U.S. oil refineries in Martinez, California, and Gallup, New Mexico, the company said, eliminating 800 jobs in response to lower fuels demand.

Marathon Petroleum to permanently close two U.S. oil refineries

Marathon Petroleum plans to permanently close two small U.S. oil refineries in Martinez, California, and Gallup, N.M., the company said, in response to lower fuels demand.

Marathon Petroleum halts projects at St. Paul Park refinery until next year- source

U.S. refiner Marathon Petroleum Corp is delaying all maintenance projects at its 102,000 barrel-per-day St. Paul Park, Minnesota, refinery for 2020, a source familiar with the matter said, amid concerns related to the spread of the novel coronavirus.

Marathon Galveston Bay, Texas, refinery overhaul to finish in late July - sources

Marathon Petroleum Corp <MPC.N> plans to finish a multi-unit overhaul in late July at its 585,000-barrel-per-day (bpd) Galveston Bay Refinery in Texas City, Texas, said sources familiar with plant operations.

Marathon Petroleum cuts spending by $1.4 billion as virus saps fuel demand

U.S. oil refiner Marathon Petroleum Corp <MPC.N> on Tuesday cut spending by 30% and detailed other measures to reduce costs, as widespread lockdowns to curb the spread of the COVID-19 pandemic pummel demand for oil and gas.

Marathon Petroleum runs plants at minimums but sees creep in gasoline demand

Marathon Petroleum Corp is operating refineries at minimum rates but sees signs of recovery in demand for gasoline amid the coronavirus crisis, executives said on Tuesday.

Marathon Petroleum runs plants at minimums but sees creep in gasoline demand

Marathon Petroleum Corp is operating refineries at minimum rates but sees signs of recovery in demand for gasoline amid the coronavirus crisis, executives said on Tuesday.

Marathon Petroleum takes $12.4 bln impairment hit as virus destroys fuel demand

U.S. oil refiner Marathon Petroleum Corp on Tuesday reported a loss in the first quarter on $12.4 billion in impairment charges, as widespread lockdowns to contain the spread of the COVID-19 pandemic pummeled demand for oil and gas.

Marathon Petroleum warns of loss, up to $7.8 billion hit on oil rout

Marathon Petroleum Corp <MPC.N>, the largest U.S. oil refiner, warned on Wednesday of a first-quarter loss on a roughly $7.8 billion write-down from a sharp fall in fuel demand.

CORRECTED-BRIEF-Marathon Petroleum Sees Q1 Rev and Other Income $24.1 Bln To $26.7 Bln

* EXPECT TO DEFER OR DELAY CERTAIN CAPITAL EXPENDITURES THAT WE HAD EXPECTED TO MAKE IN 2020.

Marathon Petroleum expects to book charges of up to $7.8 bln on oil price crash

Marathon Petroleum Corp said on Wednesday it would book goodwill impairment charges totaling $7.3 billion to $7.8 billion in the first quarter resulting from a sharp fall in oil prices.

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

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