Revenue segments as reported by the company.

Sales and other operating revenues

Income (loss) from equity method investments

Net gain on disposal of assets

Other income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

LCM inventory valuation adjustment

Impairment expense

Depreciation and amortization

Selling, general and administrative

Restructuring expenses

Other taxes

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Marathon Petroleum

Hess is an American global independent energy company engaged in the exploration and production of crude oil and natural gas. In 2014 Speedway, a subsidiary of Marathon Petroleum, purchased the retail operations of Hess Corporation for $2.82 billion

Hess

Speedway is the nation's second largest chain of corporate-owned convenience stores. Speedway is headquartered in Enon, Ohio, United States with locations operating under its namesake brand along the Midwestern and East Coast of the United States. Speedway LLC is a wholly owned subsidiary of the Marathon Petroleum Corporation and is the largest chain in central Ohio. Central to Speedway's brand is its Speedy Rewards loyalty program.

Speedway

Marathon Petroleum Corp. engages in the refining, marketing, and transportation of petroleum products. It operates through the Refining and Marketing, and Midstream segments. The Refining and Marketing segment includes refining crude oil and other feedstocks, purchasing ethanol, and refined products for resale and distribution of refined products. The Midstream segment refers to transportation, storing, distribution, and marketing of crude oil and refined products. The company was founded in 1887 and is headquartered in Findlay, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Marathon Petroleum reports robust Q4 performance and eyes growth opportunities

Marathon Petroleum's Q4 2022 performance reflects strong financial results and operational resilience. The company's focus on strategic partnerships, diversified investments, and market opportunities positions it well for future growth. Challenges related to market dynamics and supply chain disruptions require proactive management.

Marathon Petroleum (MPC) posts record Q1 earnings amidst market challenges

Marathon Petroleum (MPC) delivered strong financial performance in Q1 2023, driven by robust refining margins and strategic initiatives.
While facing challenges such as heavy turnaround expenses and market uncertainties, MPC remains focused on shareholder returns and sustainable growth.
The company's emphasis on low-carbon initiatives, margin capture strategies, and commercial improvements positions it well for future success.
Opportunities in renewable energy investments, consumer trends, and market dynamics offer avenues for MPC to further enhance its competitive position.

Marathon Petroleum (MPC) reports robust Q2 performance and strategic evolution

Marathon Petroleum (MPC) showcased strong financial performance, operational efficiency, and strategic evolution in Q2 2023.
Despite challenges in regulatory approvals and industry-wide refining delays, MPC remains well-positioned for growth.
Opportunities in market expansion, renewable investments, and product optimization offer avenues for future success.
Commitment to shareholder value through dividends, share repurchases, and sustainable practices underpins MPC's solid performance.

Marathon Petroleum posts stellar Q3 results, eyes growth opportunities ahead

Marathon Petroleum's Q3 performance reflects financial strength and operational efficiency, underpinned by a shareholder-friendly approach. While facing near-term challenges like turnaround expenses and regulatory compliance, the company is well-positioned to capitalize on growth opportunities through strategic focus and sustainable initiatives.

Marathon Petroleum posts robust 2023 results, eyes growth opportunities

Marathon Petroleum (MPC) reported strong financial performance in 2023, returning significant value to shareholders and emphasizing strategic capital allocation priorities.
The company's focus on margin improvement, reliability, and employee development underpins its competitive strengths and growth initiatives.
While facing challenges in capital allocation and maintaining shareholder returns, MPC sees opportunities in a favorable refining environment and targeted investments.
Overall, MPC remains optimistic about the future, leveraging its integrated system and operational excellence to drive sustained success and shareholder value.

Marathon Petroleum (MPC) reports robust Q1 earnings and growth opportunities

Marathon Petroleum (MPC) delivered strong financial results in Q1 2024 despite operational challenges, with a focus on safety, reliability, and strategic investments for long-term growth.
The company's optimistic outlook on the refining industry, coupled with increased cash distributions from MPLX and a significant share repurchase authorization, underscores MPC's commitment to enhancing shareholder value.
While facing challenges related to product margins, regulatory alignment, and market dynamics, MPC is well-positioned to leverage opportunities in the global refining market and drive sustainable growth.

Marathon Petroleum (MPC) reports robust Q2 earnings and strategic advancements

Marathon Petroleum (MPC) delivered strong Q2 earnings driven by operational excellence and robust cash generation amidst favorable market conditions.
The company's midstream segment, MPLX, made strategic advancements, enhancing MPC's value chain and positioning it for future growth.
While facing inquiries on dividend policy and market dynamics, MPC remains committed to safe operations, value creation, and strategic capital allocation.
With a focus on seizing growth opportunities and navigating challenges, MPC aims to sustain its performance and drive shareholder value in a dynamic market landscape.

Marathon Petroleum (MPC) reports robust Q3 earnings amid market challenges

Marathon Petroleum (MPC) delivered strong Q3 results with a focus on capital returns and operational excellence amidst market volatility.
While facing challenges in refining margins and analyst inquiries, MPC's strategic investments and commitment to safety position it for growth.
Opportunities lie in optimizing the portfolio, capitalizing on steady product demand, and enhancing operational efficiency for sustained success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Marathon Petroleum (MPC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Marathon Petroleum (MPC) Q2 Earnings Expected to Decline

In the latest trading session, Marathon Petroleum (MPC) closed at $163.97, marking a -1.16% move from the previous day.

Marathon Petroleum (MPC) Declines More Than Market: Some Information for Investors

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Is Marathon Petroleum (MPC) a Buy as Wall Street Analysts Look Optimistic?

In the most recent trading session, Marathon Petroleum (MPC) closed at $162.18, indicating a -0.45% shift from the previous trading day.

Marathon Petroleum (MPC) Stock Slides as Market Rises: Facts to Know Before You Trade

Marathon Petroleum shares have dropped 25% from their 52-week high due to concerns over the health of the refining cycle. Despite recent pressure on shares from narrowing crack spreads, refining margins are still solid and may be near a bottom. MPC's strong free cash flow capacity, share repurchases, and potential hurricane-related catalysts point to significant upside potential, leading me to upgrade to a "strong buy.".

Marathon Petroleum: Recent Pullback Creates Opportunity Given Share Repurchases (Upgrade)

Exxon Mobil

A decline in margins has weighed on refining stocks

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Energy operators, including Chevron (CVX), Marathon Petroleum (MPC), Shell (SHEL) and Phillips 66 (PSX), enacted comprehensive preparedness plans ahead of Hurricane Beryl.

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Williams

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The energy sector underperformed the S&P500 in Q2 2024, continuing a trend that started earlier, and this is likely to continue heading into H2 2024. There are a number of factors that seem to be weighing on the energy sector, although some stocks are affected more than others. Crude oil is hemmed in between two opposing forces, which are both trying to impose their influence on prices.

Energy Stocks: Winners And Losers At The Beginning Of H2 2024

Adobe

FedEx

When investors consider the main ways to get their money back from an investment and a reasonable return on that initial investment, the average retail investor thinks of two main approaches. First is the classic ‘buy low and sell high' approach, which means someone sold stock at a profit and created a taxable event for those capital gains.

3 Recent Stock Buybacks: Adobe, Marathon, and FedEx Lead the Way

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No matter how much wealth you accrue, everyone loves a discount. That goes for the equities market as well.

3 Value Stocks to Buy on the Dip: June 2024

Marathon Petroleum (MPC) closed at $173.66 in the latest trading session, marking a +0.7% move from the prior day.

Marathon Petroleum (MPC) Advances While Market Declines: Some Information for Investors

Marathon Petroleum (MPC) concluded the recent trading session at $170.51, signifying a +1.04% move from its prior day's close.

Why Marathon Petroleum (MPC) Outpaced the Stock Market Today

Delek US Hlds

Ovintiv

MPC, OVV and DK are three energy stocks that investors may want to keep an eye on for a possible run-up following the market correction.

3 Energy Stocks to Monitor After Pullbacks From 52-Week Highs

FINDLAY, Ohio , June 11, 2024 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call on Tuesday, August 6, 2024, at 11 a.m. EDT to discuss 2024 second-quarter financial results.

Marathon Petroleum Corp. to Report Second-Quarter Financial Results on August 6, 2024

Despite positive financial results, Marathon Petroleum (MPC) faces a pullback in its current-year earnings and sales.

Why Should Investors Approach Marathon (MPC) With Caution?

ProPetro Hld

SM Energy

Considering the extended period of robust oil consumption projected by Goldman Sachs, we suggest buying stocks like SM, MPC and PUMP.

Goldman Sachs Projects Oil Demand Growth Till 2034

Here is how Marathon Petroleum (MPC) and TXO Partners LP (TXO) have performed compared to their sector so far this year.

Is Marathon Petroleum (MPC) Outperforming Other Oils-Energy Stocks This Year?

TotalEnergies SE

Energy companies Marathon Petroleum (MPC), BP plc (BP), TotalEnergies (TTE) and Shell plc (SHEL) have all unveiled additional or fresh buyback programs.

4 Energy Companies Announcing Aggressive Buyback Programs

Ecopetrol

Crude oil prices have been busy this year, rallying from ~$70 at the start, to a high of $88 in early April. Prices have since fallen back to $78 today, where they seem to have found a balance.

Crude Oil Holding Support: 2 Leading Energy Stocks to Buy Now

Major U.S. fuel makers returned billions in capital to shareholders in the first quarter and boosted share repurchase programs, even as refining margins softened from recent records and utilization rates fell.

US refiners reward shareholders with big returns despite softer Q1 profits

Global X SuperDividend US ETF

Energy Transfer LP Unit

MPLX

Schwab US Dividend Equity ETF

Finding high-yield stocks with low balance sheet and dividend cut risk and the prospect of inflation-beating growth is becoming increasingly difficult in the current stock market. We discuss some 8-9% yielding opportunities that fit these criteria. We detail what makes them attractive opportunities at the moment.

Low-Risk 8-9% Yields With Inflation-Beating Growth For May 2024

Despite IEA's lower oil demand projections, we believe the space is still a good one for investors to take a position in. We suggest buying stocks like SM, MPC and APA.

What Are the Key Takeaways From IEA's Oil Market Report?

After losing some value lately, a hammer chart pattern has been formed for Marathon Petroleum (MPC), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Bears are Losing Control Over Marathon Petroleum (MPC), Here's Why It's a 'Buy' Now

Enbridge

People generally have very split opinions on the oil & gas sector. This is for various reasons.

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Itron

MPC, HMY, AVO, DXPE and ITRI have been added to the Zacks Rank #1 (Strong Buy) List on May 14, 2024.

News for Marathon Petroleum Stock (MPC)