Marathon Petroleum (MPC) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US56585A1025

Gasoline, Diesel, Jet Fuel, Asphalt, Petrochemicals, Propane

Marathon Petroleum Corporation is a leading integrated downstream energy company that operates primarily in the United States. The company's operations are divided into two main segments: Refining & Marketing, and Midstream.

The Refining & Marketing segment is responsible for refining crude oil and other feedstocks at its refineries located in the Gulf Coast, Mid-Continent, and West Coast regions of the United States. The refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines, as well as heavy fuel oil and asphalt. Additionally, this segment manufactures propane and petrochemicals. The company sells its refined products to a diverse range of customers, including wholesale marketing customers, spot market buyers, and independent entrepreneurs who operate Marathon branded outlets. The company also supplies fuel to direct dealer locations primarily under the ARCO brand through long-term contracts.

The Midstream segment plays a crucial role in the transportation, storage, and distribution of crude oil and refined products. The company uses its refining logistics assets, pipelines, terminals, towboats, and barges to move these products across the country. This segment is also involved in the gathering, processing, and transportation of natural gas, as well as the gathering, transportation, fractionation, storage, and marketing of natural gas liquids.

With a rich history dating back to 1887, Marathon Petroleum Corporation is headquartered in Findlay, Ohio, and has established itself as a prominent player in the energy industry. For more information, visit their website at https://www.marathonpetroleum.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Marathon Petroleum (MPC) - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for Marathon Petroleum (MPC) - Stock Price & Dividends

MPC Stock Overview

Market Cap in USD 60,076m
Sector Energy
Industry Oil & Gas Refining & Marketing
GiC SubIndustry Oil & Gas Refining & Marketing
TER 0.00%
IPO / Inception 2011-07-01

MPC Stock Ratings

Growth 5y 83.8
Fundamental 49.6
Dividend 8.30
Rel. Performance vs Sector 2.87
Analysts 4.11/5
Fair Price Momentum 188.33 USD
Fair Price DCF 744.79 USD

MPC Dividends

Yield 12m 1.88%
Yield on Cost 5y 7.39%
Dividends CAGR 5y 7.72%
Payout Consistency 99.8%

MPC Growth Ratios

Growth 12m 57.95%
Growth Correlation 12m 72%
Growth Correlation 3m -68%
CAGR 5y 31.45%
CAGR/Mean DD 5y 2.07
Sharpe Ratio 12m 1.98
Alpha vs SP500 12m 19.70
Beta vs SP500 5y weekly 1.55
ValueRay RSI 16.45
Volatility GJR Garch 1y 25.94%
Price / SMA 50 -7.05%
Price / SMA 200 3.93%
Current Volume 3006.5k
Average Volume 20d 2557.9k

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What is the price of MPC stocks?
As of June 18, 2024, the stock is trading at USD 171.73 with a total of 3,006,493 shares traded.
Over the past week, the price has changed by -1.50%, over one month by -4.42%, over three months by -10.82% and over the past year by +54.67%.
What are the forecast for MPC stock price target?
According to ValueRays Forecast Model, MPC Marathon Petroleum will be worth about 207.9 in June 2025. The stock is currently trading at 171.73. This means that the stock has a potential upside of +21.05%.
Issuer Forecast Upside
Wallstreet Target Price 213.9 24.5
Analysts Target Price 160.3 -6.66
ValueRay Target Price 207.9 21.1

The Journey of Marathon Petroleum Corp (MPC)

Marathon Petroleum Corp (NYSE: MPC), established in 1887 as The Ohio Oil Company, has grown dramatically over the decades. It became Marathon Oil in 1962, and in 2011, Marathon Petroleum Corporation was formed as a separate entity focusing on refining, marketing, and transporting petroleum products. This move solidified MPC's commitment to energy and its transportation across America and beyond.

Core Business Operations

Marathon Petroleum Corp's core business revolves around refining and selling petroleum products. With refineries strategically located across the United States, MPC refines, markets, and distributes fuel to consumers and businesses alike. Their operations ensure a steady supply of gasoline, diesel, and jet fuel, crucial for transportation and industry.

Expansion into Side Businesses

Besides its primary focus, MPC has expanded into several side businesses. These include Speedway LLC, a top convenience store chain that was part of MPC until its sale in 2020 to 7-Eleven, and MPLX LP, a master limited partnership formed by MPC to own, operate, develop, and acquire midstream energy infrastructure assets. These ventures have broadened Marathon Petroleum's footprint in the energy sector, showing its adaptability and commitment to growth.

Current Market Status

As of 2023, Marathon Petroleum Corp remains a dominant player in the petroleum industry. Despite challenges such as fluctuating oil prices and changing energy policies, MPC continues to show resilience. They've embraced cleaner energy initiatives and operational efficiencies to stay competitive. The company's investments in renewable energy and focus on sustainability are steps towards a greener future, aligning with global shifts towards environmental responsibility.