Market Summary
USD134.83+0.89
Market Closed0.66%
MPC Stock Price
MPC RSI Chart
MPC Valuation
MPC Price/Sales (Trailing)
MPC Profitability
MPC Fundamentals
MPC Revenue
MPC Earnings
Price Action
52 Week Range
76.67136.46
(Low)(High)
Last 7 days
5.5%
Last 30 days
8.4%
Last 90 days
15.1%
Trailing 12 Months
59.8%
MPC Financial Health
MPC Investor Care
Peers (Alternatives to Marathon Petroleum)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
XOM | 447.6B | 413.7B | -0.38% | 35.42% | 8.03 | 1.08 | 44.83% | 141.93% |
CVX | 315.3B | 246.3B | 1.01% | 1.50% | 8.89 | 1.28 | 51.57% | 126.98% |
COP | 125.6B | 82.2B | -3.97% | 2.67% | 6.72 | 1.53 | 69.92% | 131.22% |
MPC | 66.2B | 180.0B | 8.37% | 59.84% | 4.56 | 0.37 | 48.81% | 49.07% |
PSX | 48.8B | 175.7B | -2.51% | 17.82% | 4.43 | 0.28 | 52.98% | 737.05% |
APA | 14.4B | 11.9B | -7.82% | -13.06% | 4.67 | 1.31 | 50.58% | 232.96% |
| MID-CAP | ||||||||
MUR | 5.7B | 4.2B | -6.56% | -8.50% | 5.96 | 1.36 | 50.65% | 1409.36% |
PBF | 5.3B | 46.8B | -1.19% | 79.48% | 1.84 | 0.11 | 71.83% | 1145.37% |
CVI | 3.3B | 10.9B | 2.84% | 66.47% | 7.12 | 0.3 | 50.46% | 1752.00% |
REGI | 3.1B | - | 0.65% | -11.32% | 16.6 | 0.85 | - | - |
CPE | 2.1B | 3.2B | -14.22% | -45.65% | 1.7 | 0.64 | 60.18% | 231.32% |
| SMALL-CAP | ||||||||
GPRE | 1.8B | 3.7B | -11.80% | 1.12% | -14.44 | 0.5 | 29.56% | -92.78% |
CLMT | 1.4B | 4.7B | -12.81% | 27.70% | -8.36 | 0.29 | 48.88% | 36.52% |
GEVO | 365.2M | 3.0M | -16.76% | -67.92% | -3.73 | 120.03 | 327.99% | -65.54% |
Financials for Marathon Petroleum
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 2.6% | 179,952 | 175,467 | 160,843 | 136,432 | 120,930 |
| S&GA Expenses | 4.0% | 2,772 | 2,665 | 2,634 | 2,565 | 2,537 |
| Costs and Expenses | 1.0% | 158,483 | 156,959 | 147,681 | 130,633 | 116,630 |
| EBITDA | 15.6% | 23,684 | 20,495 | 15,103 | 7,732 | - |
| EBITDA Margin | 12.7% | 0.13* | 0.12* | 0.09* | 0.06* | - |
| Earnings Before Taxes | 18.6% | 20,469 | 17,264 | 11,830 | 4,407 | 2,817 |
| EBT Margin | 15.6% | 0.11* | 0.10* | 0.07* | 0.03* | - |
| Net Income | 21.3% | 14,516 | 11,969 | 8,186 | 10,825 | 9,738 |
| Net Income Margin | 18.3% | 0.08* | 0.07* | 0.05* | 0.08* | - |
| Free Cahsflow | 3.4% | 13,941 | 13,478 | 10,140 | 4,764 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 0.2% | 89,904 | 89,694 | 96,737 | 90,952 | 85,373 |
| Current Assets | -0.1% | 35,242 | 35,285 | 42,413 | 36,388 | 30,496 |
| Cash Equivalents | 16.9% | 8,625 | 7,376 | 9,078 | 7,148 | 5,291 |
| Inventory | -10.2% | 8,827 | 9,834 | 11,048 | 9,482 | 8,055 |
| Goodwill | 0.0% | 8,240 | 8,244 | 8,244 | 8,256 | 8,256 |
| Liabilities | -2.0% | 54,817 | 55,919 | 63,068 | 59,653 | 51,792 |
| Current Liabilities | -6.1% | 20,020 | 21,314 | 28,437 | 25,120 | 17,898 |
| Long Term Debt | 0.0% | 25,634 | 25,638 | 25,687 | 25,634 | 24,968 |
| Shareholder's Equity | 5.4% | 27,715 | 26,304 | 32,704 | 30,334 | 26,206 |
| Retained Earnings | 12.8% | 26,142 | 23,175 | 18,983 | 13,420 | 12,905 |
| Additional Paid-In Capital | 0.1% | 33,402 | 33,363 | 33,378 | 33,327 | 33,262 |
| Shares Outstanding | -7.7% | 491 | 532 | 564 | - | - |
| Minority Interest | -1.5% | 6,404 | 6,504 | 6,398 | 6,362 | 6,410 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 4.5% | 16,361 | 15,653 | 11,991 | 6,419 | 4,360 |
| Cashflow From Investing | -75.7% | 623 | 2,569 | 14.00 | 16,772 | 14,797 |
| Cashflow From Financing | 18.3% | -13,647 | -16,714 | -14,761 | -16,799 | -14,419 |
| Dividend Payments | -0.2% | 1,279 | 1,282 | 1,367 | 1,435 | 1,484 |
| Buy Backs | -7.1% | 11,922 | 12,827 | 9,847 | 7,500 | 4,654 |
Risks for MPC
What is the probability of a big loss on MPC?
72.7%
Probability that Marathon Petroleum stock will be more than 20% underwater in next one year
42.3%
Probability that Marathon Petroleum stock will be more than 30% underwater in next one year.
26.9%
Probability that Marathon Petroleum stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does MPC drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Marathon Petroleum was unfortunately bought at previous high price.
Drawdowns
Returns for MPC
Cumulative Returns on MPC
15.1%
10-Year Cumulative Returns
24.3%
7-Year Cumulative Returns
17.0%
5-Year Cumulative Returns
83.3%
3-Year Cumulative Returns
What are the long-term rolling returns for MPC?
FIve years rolling returns for Marathon Petroleum.
Annualized Returns
Which funds bought or sold MPC recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-29 | Diametric Capital, LP | reduced | -30.09 | -158,779 | 720,221 | 0.35% |
2023-03-27 | Neo Ivy Capital Management | reduced | -31.42 | -54,000 | 223,000 | 0.15% |
2023-03-23 | MetLife Investment Management, LLC | reduced | -7.52 | 1,098,910 | 14,244,000 | 0.11% |
2023-03-17 | American Portfolios Advisors | reduced | -13.89 | 34,919 | 899,887 | 0.04% |
2023-03-15 | B. Riley Wealth Advisors, Inc. | added | 1.39 | 321,350 | 2,038,350 | 0.06% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -11.49 | 1,738,360 | 48,587,400 | 0.05% |
2023-03-10 | MATHER GROUP, LLC. | reduced | -16.36 | -18,634 | 896,366 | 0.02% |
2023-03-08 | Capital Asset Advisory Services LLC | added | 4.16 | 63,430 | 352,430 | 0.03% |
2023-03-07 | Great Lakes Retirement, Inc. | new | - | 262,329 | 262,329 | 0.07% |
2023-03-06 | Aldebaran Financial Inc. | unchanged | - | 63,589 | 495,589 | 0.53% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Marathon Petroleum News
Schedule 13G FIlings of Marathon Petroleum
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 9.37% | 43,891,083 | SC 13G/A | |
| Feb 03, 2023 | state street corp | 6.95% | 32,583,077 | SC 13G/A | |
| Jan 24, 2023 | blackrock inc. | 9.3% | 43,461,422 | SC 13G/A | |
| Mar 09, 2022 | vanguard group inc | 11.04% | 62,395,638 | SC 13G/A | |
| Feb 11, 2022 | state street corp | 6.73% | 41,423,140 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 9.88% | 60,814,113 | SC 13G/A | |
| Feb 03, 2022 | blackrock inc. | 9.2% | 56,693,740 | SC 13G/A | |
| Dec 09, 2021 | vanguard group inc | 10.25% | 63,081,812 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 9.54% | 62,093,893 | SC 13G/A | |
| Feb 09, 2021 | state street corp | 5.96% | 38,761,346 | SC 13G |
MPC Fair Value
Marathon Petroleum fair value in different scenarios
The table shows the Fair Value estimates for Marathon Petroleum for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 191.68 42.16% | 304.39 125.76% | 460.05 241.21% | 712.57 428.50% | 934.03 592.75% |
| Current Inflation | 195.81 45.23% | 242.56 79.90% | 376.89 179.53% | 522.99 287.89% | 678.64 403.33% |
| Very High Inflation | 160.14 18.77% | 239.12 77.35% | 344.80 155.73% | 518.38 284.47% | 669.50 396.55% |
Historical Marathon Petroleum Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Marathon Petroleum
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 24, 2023 | DEFA14A | DEFA14A | |
| Mar 24, 2023 | PX14A6N | PX14A6N | |
| Mar 21, 2023 | 4 | Insider Trading | |
| Mar 15, 2023 | PX14A6G | PX14A6G | |
| Mar 13, 2023 | ARS | ARS | |
| Mar 13, 2023 | DEF 14A | DEF 14A | |
| Mar 13, 2023 | DEFA14A | DEFA14A | |
| Mar 09, 2023 | 144/A | 144/A | |
| Mar 06, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for MPC
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-17 | Hennigan Michael J | sold (taxes) | -4,797,250 | 124 | -38,591 | president & ceo |
2023-03-02 | Rucker Kim K.W. | sold | -780,000 | 130 | -6,000 | - |
2023-03-01 | Hennigan Michael J | sold (taxes) | -1,535,570 | 126 | -12,137 | president & ceo |
2023-03-01 | Floerke Gregory Scott | acquired | - | - | 2,096 | ex vp & coo, mplx gp llc |
2023-03-01 | HAGEDORN CARL KRISTOPHER | acquired | - | - | 806 | senior vp and controller |
2023-03-01 | Mannen Maryann T. | sold (taxes) | -437,506 | 126 | -3,458 | exec vp & chief fin ofc |
2023-03-01 | Mannen Maryann T. | acquired | - | - | 7,254 | exec vp & chief fin ofc |
2023-03-01 | Lyon Shawn M | acquired | - | - | 1,934 | svp log & storage, mplx gp llc |
2023-03-01 | HAGEDORN CARL KRISTOPHER | sold (taxes) | -41,245 | 126 | -326 | senior vp and controller |
2023-03-01 | Aydt Timothy J | acquired | - | - | 3,869 | ex vp, refining |
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.
MPC Income Statement
2022-12-31Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions | 12 Months Ended | |||||||
|---|---|---|---|---|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||||||
| Revenues and other income: | ||||||||
| Sales and other operating revenues | $ 177,453 | $ 119,983 | $ 69,779 | |||||
| Income (loss) from equity method investments | 655 | 458 | (935) | [1] | ||||
| Net gain on disposal of assets | 1,061 | 21 | 70 | |||||
| Other income | 783 | 468 | 118 | |||||
| Revenues and other income | 179,952 | 120,930 | 69,032 | |||||
| Costs and expenses: | ||||||||
| Cost of revenues (excludes items below) | 151,671 | 110,008 | 65,733 | |||||
| Impairment expense | 0 | 0 | 8,426 | |||||
| Depreciation and amortization | 3,215 | 3,364 | 3,375 | |||||
| Selling, general and administrative expenses | 2,772 | 2,537 | 2,710 | |||||
| Restructuring expenses | 0 | 0 | 367 | [2] | ||||
| Other taxes | 825 | 721 | 668 | |||||
| Total costs and expenses | 158,483 | 116,630 | 81,279 | |||||
| Income (loss) from continuing operations | 21,469 | 4,300 | (12,247) | |||||
| Net interest and other financial costs | 1,000 | 1,483 | 1,365 | |||||
| Income (loss) from continuing operations before income taxes | 20,469 | 2,817 | (13,612) | |||||
| Provision (benefit) for income taxes on continuing operations | 4,491 | 264 | (2,430) | |||||
| Income (loss) from continuing operations, net of tax | 15,978 | 2,553 | (11,182) | |||||
| Income from discontinued operations, net of tax | 72 | 8,448 | 1,205 | |||||
| Net income (loss) | 16,050 | 11,001 | (9,977) | |||||
| Less net income (loss) attributable to: | ||||||||
| Redeemable noncontrolling interest | 88 | 100 | 81 | |||||
| Noncontrolling interests | 1,446 | 1,163 | (232) | |||||
| Net income (loss) attributable to MPC | $ 14,516 | $ 9,738 | $ (9,826) | |||||
| Basic: | ||||||||
| Continuing operations | $ 28.17 | $ 2.03 | $ (16.99) | |||||
| Discontinued operations | 0.14 | 13.31 | 1.86 | |||||
| Net income (loss) per share | $ 28.31 | $ 15.34 | $ (15.13) | |||||
| Weighted average shares outstanding | 512 | 634 | 649 | |||||
| Diluted: | ||||||||
| Continuing operations | $ 27.98 | $ 2.02 | $ (16.99) | |||||
| Discontinued operations | 0.14 | 13.22 | 1.86 | |||||
| Net income (loss) per share | $ 28.12 | $ 15.24 | $ (15.13) | |||||
| Weighted average shares outstanding | 516 | 638 | 649 | |||||
| ||||||||
MPC Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | ||
|---|---|---|---|---|
| Assets | ||||
| Cash and cash equivalents | $ 8,625 | $ 5,291 | ||
| Short-term investments | 3,145 | 5,548 | ||
| Receivables, less allowance for doubtful accounts of $29 and $40, respectively | 13,477 | 11,034 | ||
| Inventories | 8,827 | 8,055 | ||
| Other current assets | 1,168 | 568 | ||
| Total current assets | 35,242 | 30,496 | ||
| Equity method investments | 6,466 | 5,409 | ||
| Property, plant and equipment, net | [1] | 35,657 | 37,440 | |
| Goodwill | 8,244 | 8,256 | ||
| Right of use assets | 1,214 | 1,372 | ||
| Other noncurrent assets | 3,081 | 2,400 | ||
| Total assets | 89,904 | 85,373 | ||
| Liabilities | ||||
| Accounts payable | 15,312 | 13,700 | ||
| Payroll and benefits payable | 967 | 911 | ||
| Accrued taxes | 1,140 | 1,231 | ||
| Debt due within one year | 1,066 | 571 | ||
| Operating lease liabilities | 368 | 438 | ||
| Other current liabilities | 1,167 | 1,047 | ||
| Total current liabilities | 20,020 | 17,898 | ||
| Long-term debt | 25,634 | 24,968 | ||
| Deferred income taxes | 5,904 | 5,638 | ||
| Defined benefit postretirement plan obligations | 1,114 | 1,015 | ||
| Long-term operating lease liabilities | 841 | 927 | ||
| Deferred credits and other liabilities | 1,304 | 1,346 | ||
| Total liabilities | 54,817 | 51,792 | ||
| Commitments and contingencies (see Note 29) | ||||
| Redeemable noncontrolling interest | 968 | 965 | ||
| Equity | ||||
| Preferred stock, no shares issued and outstanding (par value $0.01 per share, 30 million shares authorized) | 0 | 0 | ||
| Common stock: | ||||
| Issued – 990 million and 984 million shares (par value $0.01 per share, 2 billion shares authorized) | 10 | 10 | ||
| Held in treasury, at cost – 536 million and 405 million shares | (31,841) | (19,904) | ||
| Additional paid-in capital | 33,402 | 33,262 | ||
| Retained earnings | 26,142 | 12,905 | ||
| Accumulated other comprehensive income (loss) | 2 | (67) | ||
| Total MPC stockholders’ equity | 27,715 | 26,206 | ||
| Noncontrolling interests | 6,404 | 6,410 | ||
| Total equity | 34,119 | 32,616 | ||
| Total liabilities, redeemable noncontrolling interest and equity | $ 89,904 | $ 85,373 | ||
| ||||