Marathon Petroleum Corporation (NYSE:MPC)

Marathon Petroleum Corporation MPC

Energy - Oil & Gas Refining & Marketing - NYSE - US

Watchlist

$ 157.52

-0.392 %

$ 50.6 B

Market Cap

12.22

P/E

1. INTRINSIC VALUE

Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. It operates in two segments, Refining & Marketing, and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures aromatics, propane, propylene, and sulfur. It sells refined products to wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets, as well as through long-term fuel supply contracts to direct dealer locations primarily under the ARCO brand.[ Read More ]

The intrinsic value of one MPC stock under the base case scenario is HIDDEN Compared to the current market price of 158 USD, Marathon Petroleum Corporation is HIDDEN

MPC Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart MPC

FINANCIALS

Annual
Quarterly

150 B REVENUE

Growth Rates

1Year -15.67%

3Years 29.08%

5Years 11.74%

7Years 13.09%

10Years 4.81%

14.5 B OPERATING INCOME

Growth Rates

1Year -26.51%

3Years 96.46%

5Years 25.97%

7Years 27.42%

10Years 15.65%

9.67 B NET INCOME

Growth Rates

1Year -33.36%

3Years 43.98%

5Years 28.33%

7Years 35.16%

10Years 16.44%

14.1 B OPERATING CASH FLOW

Growth Rates

1Year -13.72%

3Years 80.04%

5Years 18.05%

7Years 19.67%

10Years 15.28%

-3.1 B INVESTING CASH FLOW

Growth Rates

1Year -496.79%

3Years 1.69%

5Years 16.60%

7Years -0.73%

10Years -1.17%

-14.2 B FINANCING CASH FLOW

Growth Rates

1Year -4.10%

3Years -372.12%

5Years -130.45%

7Years -40.96%

10Years -16.01%

35.4 B REVENUE

Growth Rates

1Year -15.67%

3Years 29.08%

5Years 11.74%

7Years 13.09%

10Years 4.81%

1.35 B OPERATING INCOME

Growth Rates

1Year -26.51%

3Years 96.46%

5Years 25.97%

7Years 27.42%

10Years 15.65%

1.46 B NET INCOME

Growth Rates

1Year -33.36%

3Years 43.98%

5Years 28.33%

7Years 35.16%

10Years 16.44%

1.68 B OPERATING CASH FLOW

Growth Rates

1Year -13.72%

3Years 80.04%

5Years 18.05%

7Years 19.67%

10Years 15.28%

2.03 B INVESTING CASH FLOW

Growth Rates

1Year -496.79%

3Years 1.69%

5Years 16.60%

7Years -0.73%

10Years -1.17%

-4.16 B FINANCING CASH FLOW

Growth Rates

1Year -4.10%

3Years -372.12%

5Years -130.45%

7Years -40.96%

10Years -16.01%

Balance Sheet Decomposition Marathon Petroleum Corporation

86 B ASSETS
54.6 B LIABILITIES

Current Assets	32.1 B
Cash & Short-Term Investments	10.2 B
Receivables	11.6 B
Other Current Assets	10.3 B
Non-Current Assets	53.9 B
Long-Term Investments	6.26 B
PP&E	36.3 B
Other Non-Current Assets	11.3 B

Current Liabilities	20.2 B
Accounts Payable	13.8 B
Short-Term Debt	2.86 B
Other Current Liabilities	3.53 B
Non-Current Liabilities	34.4 B
Long-Term Debt	25.7 B
Other Non-Current Liabilities	8.75 B

EFFICIENCY

Earnings Waterfall Marathon Petroleum Corporation

Revenue	150 B
Cost Of Revenue	129 B
Gross Profit	21.7 B
Operating Expenses	16.5 B
Operating Income	14.5 B
Other Expenses	4.84 B
Net Income	9.67 B

RATIOS

14.46% GROSS MARGIN

Averages

1Year 14.46%

3Years 12.68%

5Years 10.96%

7Years 10.88%

10Years 10.71%

9.66% OPERATING MARGIN

Averages

1Year 9.66%

3Years 7.95%

5Years 4.94%

7Years 4.98%

10Years 5.07%

6.44% NET MARGIN

Averages

1Year 6.44%

3Years 5.22%

5Years 0.30%

7Years 1.22%

10Years 1.76%

39.67% ROE

Averages

1Year 39.67%

3Years 32.32%

5Years 10.54%

7Years 11.88%

10Years 12.85%

11.26% ROA

Averages

1Year 11.26%

3Years 9.64%

5Years 3.56%

7Years 3.87%

10Years 4.46%

22.40% ROIC

Averages

1Year 22.40%

3Years 19.12%

5Years 11.56%

7Years 10.75%

10Years 10.69%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis Marathon Petroleum Corporation

Net Income	9.67 B
Depreciation & Amortization	3.31 B
Capital Expenditures	-1.89 B
Stock-Based Compensation	0
Change in Working Capital	160 M
Others	862 M
Free Cash Flow	12.2 B

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets Marathon Petroleum Corporation

Wall Street analysts predict an average 1-year price target for MPC of $195 , with forecasts ranging from a low of $145 to a high of $231 .

MPC Lowest Price Target Wall Street Target

145 USD -7.95%

MPC Average Price Target Wall Street Target

195 USD 23.99%

MPC Highest Price Target Wall Street Target

231 USD 46.65%

4. DIVIDEND ANALYSIS

0.51% DIVIDEND YIELD

0.91 USD DIVIDEND PER SHARE

5. COMPETITION

Phillips 66 operates as an energy manufacturing and logistics company. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S).

150 USD

PSX

Undervalued 14.75%

HF Sinclair Corporation operates as an independent energy company. It produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others.

59.2 USD

DINO

Undervalued 40.44%

PBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics.

127 USD

PBF

Undervalued 314.87%

Sunoco LP, together with its subsidiaries, distributes and retails motor fuels in the United States. It operates in two segments, Fuel Distribution and Marketing, and All Other.

116 USD

SUN

Undervalued 122.39%

Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally.

7.78 USD

VLO

Overvalued 94.45%

Delek US Holdings, Inc. engages in the integrated downstream energy business in the United States. The company operates through three segments: Refining, Logistics, and Retail.

-0.000039 USD

Overvalued 100.00%

CVR Energy, Inc., together with its subsidiaries, engages in the petroleum refining and nitrogen fertilizer manufacturing activities in the United States.

77.4 USD

CVI

Undervalued 311.01%

Delek Logistics Partners, LP owns and operates logistics and marketing assets for crude oil, and intermediate and refined products in the United States.

59 USD

DKL

Undervalued 51.50%

6. Ownership

Insider Ownership Marathon Petroleum Corporation

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

1.55 M USD 2

9-12 MONTHS

211 K USD 1

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
8 months ago Mar 01, 2024	Sell 170 K USD	Rucker Kim K.W. Director	- 1000	170.35 USD
8 months ago Feb 26, 2024	Sell 1.38 M USD	Aydt Timothy J Ex VP, Refining	- 7955	172.883 USD
1 year ago Nov 13, 2023	Sell 211 K USD	HAGEDORN CARL KRISTOPHER Senior VP and Controller	- 1436	146.81 USD
1 year ago Nov 01, 2023	Sell 915 K USD	Rucker Kim K.W. Director	- 6000	152.43 USD
1 year ago Aug 10, 2023	Sell 1.19 M USD	Lyon Shawn M SVP Log & Storage, MPLX GP LLC	- 8086	147.149 USD
1 year ago Aug 10, 2023	Sell 1.19 M USD	Floerke Gregory Scott Ex VP & COO, MPLX GP LLC	- 8189	145.801 USD
1 year ago Aug 10, 2023	Sell 714 K USD	Aydt Timothy J Ex VP, Refining	- 4913	145.26 USD
1 year ago Aug 01, 2023	Sell 794 K USD	Rucker Kim K.W. Director	- 6000	132.25 USD
1 year ago Jun 05, 2023	Sell 111 K USD	HAGEDORN CARL KRISTOPHER Senior VP and Controller	- 1022	108.845 USD
1 year ago Jun 05, 2023	Sell 511 K USD	HAGEDORN CARL KRISTOPHER Senior VP and Controller	- 4695	108.93 USD
1 year ago Apr 03, 2023	Sell 3.37 M USD	Gagle Suzanne Gen Counsel and SVP Gov Aff	- 24565	137.23 USD
1 year ago Apr 04, 2023	Sell 3.3 M USD	Gagle Suzanne Gen Counsel and SVP Gov Aff	- 24565	134.28 USD
1 year ago Mar 02, 2023	Sell 780 K USD	Rucker Kim K.W. Director	- 6000	130 USD
1 year ago Nov 22, 2022	Sell 311 K USD	Aydt Timothy J Ex VP, Refining	- 2456	126.551 USD
2 years ago Nov 18, 2022	Sell 1.47 M USD	Lyon Shawn M SVP Log & Storage, MPLX GP LLC	- 12053	121.647 USD
2 years ago Nov 14, 2022	Sell 4.1 M USD	Hennigan Michael J President & CEO	- 33878	121.08 USD
2 years ago Nov 15, 2022	Sell 2.45 M USD	Hennigan Michael J President & CEO	- 20634	118.931 USD
2 years ago Nov 14, 2022	Sell 6.5 M USD	Hennigan Michael J President & CEO	- 53311	121.94 USD
2 years ago Nov 14, 2022	Sell 1.57 M USD	Hennigan Michael J President & CEO	- 12811	122.71 USD
2 years ago Nov 15, 2022	Sell 7.61 M USD	Hennigan Michael J President & CEO	- 63453	119.853 USD
2 years ago Nov 15, 2022	Sell 1.81 M USD	Hennigan Michael J President & CEO	- 14976	120.629 USD
2 years ago Nov 15, 2022	Sell 114 K USD	Hennigan Michael J President & CEO	- 937	121.363 USD
2 years ago Nov 16, 2022	Sell 9.52 M USD	Hennigan Michael J President & CEO	- 80149	118.73 USD
2 years ago Nov 14, 2022	Sell 900 K USD	Aydt Timothy J Ex VP, Refining	- 7370	122.17 USD
2 years ago Aug 25, 2022	Sell 495 K USD	HAGEDORN CARL KRISTOPHER Senior VP and Controller	- 4695	105.417 USD
2 years ago Jun 10, 2022	Sell 984 K USD	Kaczynski Thomas SVP, Finance and Treasurer	- 9008	109.27 USD
2 years ago Jun 10, 2022	Sell 1.93 M USD	Kaczynski Thomas SVP, Finance and Treasurer	- 17653	109.27 USD
2 years ago Jun 10, 2022	Sell 1.35 M USD	Kaczynski Thomas SVP, Finance and Treasurer	- 12360	109.27 USD
2 years ago Jun 10, 2022	Sell 906 K USD	Kaczynski Thomas SVP, Finance and Treasurer	- 8291	109.27 USD
2 years ago Jun 10, 2022	Sell 1.19 M USD	Kaczynski Thomas SVP, Finance and Treasurer	- 10879	109.27 USD
2 years ago Jun 10, 2022	Sell 1.16 M USD	Kaczynski Thomas SVP, Finance and Treasurer	- 10645	109.27 USD
2 years ago Jun 10, 2022	Sell 1.64 M USD	Kaczynski Thomas SVP, Finance and Treasurer	- 15000	109.27 USD
2 years ago May 23, 2022	Sell 1.31 M USD	Brooks Raymond L Ex. VP, Refining	- 13484	97.015 USD
2 years ago May 23, 2022	Sell 4.29 M USD	Brooks Raymond L Ex. VP, Refining	- 44352	96.821 USD
2 years ago May 23, 2022	Sell 4.28 M USD	Brooks Raymond L Ex. VP, Refining	- 44242	96.831 USD
2 years ago May 23, 2022	Sell 3.07 M USD	Brooks Raymond L Ex. VP, Refining	- 31779	96.723 USD
2 years ago Mar 29, 2022	Sell 415 K USD	Rucker Kim K.W. director:	- 5000	83 USD
2 years ago Mar 11, 2022	Sell 399 K USD	Rucker Kim K.W. director:	- 5000	79.75 USD
2 years ago Mar 01, 2022	Sell 1.1 M USD	Rucker Kim K.W. Director	- 14000	78.45 USD
2 years ago Feb 04, 2022	Sell 365 K USD	HAGEDORN CARL KRISTOPHER Senior VP and Controller	- 4695	77.66 USD
2 years ago Feb 04, 2022	Sell 596 K USD	Brooks Raymond L Ex. VP, Refining	- 7596	78.477 USD
2 years ago Feb 04, 2022	Sell 690 K USD	Brooks Raymond L Ex. VP, Refining	- 8790	78.512 USD
2 years ago Feb 04, 2022	Sell 4.25 M USD	Brooks Raymond L Ex. VP, Refining	- 54163	78.393 USD
2 years ago Nov 24, 2021	Bought 64.3 K USD	BUNCH CHARLES E Director	+ 1000	64.3 USD

7. News

Investors Heavily Search Marathon Petroleum Corporation (MPC): Here is What You Need to Know Marathon Petroleum (MPC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects. zacks.com - 3 days ago

5 Relatively Secure And Cheap Dividend Stocks - November 2024: Yields Up To 9% This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering large discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.35%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 9%. seekingalpha.com - 1 week ago

Marathon Petroleum (MPC) Is Considered a Good Investment by Brokers: Is That True? When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? zacks.com - 1 week ago

Marathon's Q3 Performance Surges Above Forecasts, But Analyst Flags Caution On Mid-Con Outlook For Q4 Marathon Petroleum Corporation MPC shares are trading higher on Wednesday. Scotiabank analyst Paul. benzinga.com - 1 week ago

Marathon Petroleum Tops Q3 Earnings, Boosts Stock Buyback In Q3, MPC spent $950 million on capital programs (39% on Refining & Marketing and 59% on the Midstream segment) compared to $522 million in the year-ago period. zacks.com - 1 week ago

Marathon Petroleum: Shares Are Attractive Despite Muted Q3 Results Marathon Petroleum shares have dropped significantly, but Q3 earnings exceeded expectations, boosting the stock by over 3% and reinforcing my bullish stance. The Company's refining operations' implied equity value has sharply declined, creating a compelling investment opportunity, especially with the company's strong capital return capacity and share repurchases. Despite cyclical challenges, US product demand remains firm, and global policy easing should stabilize economic activity, supporting a recovery in crack spreads. seekingalpha.com - 1 week ago

Marathon Petroleum Corporation (MPC) Q3 2024 Earnings Call Transcript Marathon Petroleum Corporation. (NYSE:MPC ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Kristina Kazarian - IR Maryann Mannen - CEO John Quaid - CFO Rick Hessling - Chief Commercial Officer Timothy Aydt - EVP, Refining David Heppner - Chief Strategy Officer & SVP, Business Development Conference Call Participants Neil Mehta - Goldman Sachs Douglas Leggate - Wolfe Research Manav Gupta - UBS Paul Cheng - Scotiabank Roger Read - Wells Fargo John Royall - JPMorgan Jason Gabelman - TD Cowen Operator Welcome to the MPC Third Quarter 2024 Earnings Call. seekingalpha.com - 1 week ago

Marathon Petroleum reports increased revenue but plummeting profits in Q3 Marathon Petroleum Corp (NYSE:MPC) reported a steep decline in profitability on lower market crack spreads that have adversely impacted refining margins. The oil refiner reported a net income of $622 million, or $1.87 per share, for the third quarter of 2024, significantly down from earnings of $3.3 billion, or $8.28 per share, recorded in the same period last year. proactiveinvestors.com - 1 week ago

Marathon Petroleum (MPC) Tops Q3 Earnings and Revenue Estimates Marathon Petroleum (MPC) came out with quarterly earnings of $1.87 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $8.14 per share a year ago. zacks.com - 1 week ago

Marathon Petroleum's quarterly profit drops on weak refining margins Marathon Petroleum reported a lower third-quarter profit on Tuesday as the top U.S. refiner took a hit from weak fuel demand which shrunk refining margins. reuters.com - 1 week ago

MPLX LP Reports Third-Quarter 2024 Financial Results FINDLAY, Ohio , Nov. 5, 2024 /PRNewswire/ -- Third -quarter net income attributable to MPLX of $1.0 billion and net cash provided by operating activities of $1.4 billion $1.7 billion of adjusted EBITDA attributable to MPLX and $1.4 billion of distributable cash flow $949 million of capital returned to unitholders Increased quarterly distribution by 12.5% to $3.83 per unit annualized Executing growth strategy in the Northeast with additional processing plant; expected to bring total processing and fractionation capacity to 8.1 bcf/d and 800 mbpd, respectively, in the second half of 2026 MPLX LP (NYSE: MPLX) today reported third-quarter 2024 net income attributable to MPLX of $1,037 million, compared with $918 million for the third quarter of 2023. For the first nine months of the year, net income attributable to MPLX was $3,218 million, compared with $2,794 million in the first nine months of 2023. prnewswire.com - 1 week ago

Marathon Petroleum Corp. Reports Third-Quarter 2024 Results FINDLAY, Ohio , Nov 5, 2024 /PRNewswire/ -- Third -quarter net income attributable to MPC of $622 million, or $1.87 per diluted share $2.5 billion of adjusted EBITDA and $1.7 billion of net cash provided by operating activities Executing Midstream growth anchored in the Permian and Marcellus; $1.6 billion segment adjusted EBITDA in the third quarter, up nearly 6% year-over-year Annually MPC expects to receive distributions of $2.5 billion following MPLX's 12.5% quarterly distribution increase, building on the strong value proposition to MPC through our integrated relationship $3.0 billion of capital returned to shareholders; announced additional $5 billion share repurchase authorization and a 10% quarterly dividend increase Marathon Petroleum Corp. (NYSE: MPC) today reported net income attributable to MPC of $622 million, or $1.87 per diluted share, for the third quarter of 2024, compared with net income attributable to MPC of $3.3 billion, or $8.28 per diluted share, for the third quarter of 2023. The third quarter of 2024 adjusted earnings before interest, taxes, depreciation, and amortization (adjusted EBITDA) was $2.5 billion, compared with $5.7 billion for the third quarter of 2023. prnewswire.com - 1 week ago

8. Profile Summary

Marathon Petroleum Corporation MPC

COUNTRY US

INDUSTRY Oil & Gas Refining & Marketing

MARKET CAP $ 50.6 B

Dividend Yield 0.51%

Description Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. It operates in two segments, Refining & Marketing, and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures aromatics, propane, propylene, and sulfur. It sells refined products to wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets, as well as through long-term fuel supply contracts to direct dealer locations primarily under the ARCO brand. The Midstream segment transports, stores, distributes, and markets crude oil and refined products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and gathers, transports, fractionates, stores, and markets natural gas liquids. As of December 31, 2021, the company operated 7,159 brand jobber outlets in 37 states, the District of Columbia, and Mexico through independent entrepreneurs. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.

Contact 539 South Main Street, Findlay, OH, 45840-3229 https://www.marathonpetroleum.com

IPO Date June 24, 2011

Employees 18200

Officers Ms. Maryann T. Mannen President, Chief Executive Officer & Director Ms. Kristina Anna Kazarian Vice President of Finance & Investor Relations Ms. Molly R. Benson Chief Legal Officer & Corporate Secretary Mr. Brian K. Partee Chief Global Optimization Officer Mr. Michael J. Hennigan Executive Chairman of the Board Mr. Gregory Scott Floerke Executive Vice President & Chief Operating Officer of MPLX Ms. Fiona C. Laird Senior Vice President of Communications & Chief Human Resources Officer Mr. John J. Quaid Executive Vice President & Chief Financial Officer Mr. James R. Wilkins Senior Vice President of Health, Environment, Safety & Security Mr. Timothy J. Aydt Executive Vice President of Refining

Price Chart MPC

Marathon Petroleum Corporation MPC

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