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Marathon Petroleum Corp Stock Research

MPC

134.83USD+0.89(+0.66%)Market Closed

Market Summary

USD134.83+0.89
Market Closed
0.66%

MPC Alerts

MPC Stock Price

MPC RSI Chart

MPC Valuation

Market Cap

66.2B

Price/Earnings (Trailing)

4.56

Price/Sales (Trailing)

0.37

EV/EBITDA

3.51

Price/Free Cashflow

4.75

MPC Price/Sales (Trailing)

MPC Profitability

EBT Margin

11.37%

Return on Equity

52.38%

Return on Assets

16.15%

Free Cashflow Yield

21.06%

MPC Fundamentals

MPC Revenue

Revenue (TTM)

180.0B

Revenue Y/Y

12.6%

Revenue Q/Q

-15.12%

MPC Earnings

Earnings (TTM)

14.5B

Earnings Y/Y

329.07%

Earnings Q/Q

-25.82%

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

Current Ratio

1.76

Debt/Equity

0.92

Debt/Cashflow

0.64

MPC Investor Care

Dividend Yield

1.85%

Dividend/Share (TTM)

2.49

Buy Backs (1Y)

22.43%

Diluted EPS (TTM)

28.12

Peers (Alternatives to Marathon Petroleum)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
447.6B
413.7B
-0.38% 35.42%
8.03
1.08
44.83% 141.93%
315.3B
246.3B
1.01% 1.50%
8.89
1.28
51.57% 126.98%
125.6B
82.2B
-3.97% 2.67%
6.72
1.53
69.92% 131.22%
66.2B
180.0B
8.37% 59.84%
4.56
0.37
48.81% 49.07%
48.8B
175.7B
-2.51% 17.82%
4.43
0.28
52.98% 737.05%
14.4B
11.9B
-7.82% -13.06%
4.67
1.31
50.58% 232.96%
MID-CAP
5.7B
4.2B
-6.56% -8.50%
5.96
1.36
50.65% 1409.36%
5.3B
46.8B
-1.19% 79.48%
1.84
0.11
71.83% 1145.37%
3.3B
10.9B
2.84% 66.47%
7.12
0.3
50.46% 1752.00%
3.1B
-
0.65% -11.32%
16.6
0.85
- -
2.1B
3.2B
-14.22% -45.65%
1.7
0.64
60.18% 231.32%
SMALL-CAP
1.8B
3.7B
-11.80% 1.12%
-14.44
0.5
29.56% -92.78%
1.4B
4.7B
-12.81% 27.70%
-8.36
0.29
48.88% 36.52%
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)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue2.6%179,952175,467160,843136,432120,930
  S&GA Expenses4.0%2,7722,6652,6342,5652,537
Costs and Expenses1.0%158,483156,959147,681130,633116,630
EBITDA15.6%23,68420,49515,1037,732-
EBITDA Margin12.7%0.13*0.12*0.09*0.06*-
Earnings Before Taxes18.6%20,46917,26411,8304,4072,817
EBT Margin15.6%0.11*0.10*0.07*0.03*-
Net Income21.3%14,51611,9698,18610,8259,738
Net Income Margin18.3%0.08*0.07*0.05*0.08*-
Free Cahsflow3.4%13,94113,47810,1404,764-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.2%89,90489,69496,73790,95285,373
  Current Assets-0.1%35,24235,28542,41336,38830,496
    Cash Equivalents16.9%8,6257,3769,0787,1485,291
  Inventory-10.2%8,8279,83411,0489,4828,055
  Goodwill0.0%8,2408,2448,2448,2568,256
Liabilities-2.0%54,81755,91963,06859,65351,792
  Current Liabilities-6.1%20,02021,31428,43725,12017,898
  Long Term Debt0.0%25,63425,63825,68725,63424,968
Shareholder's Equity5.4%27,71526,30432,70430,33426,206
  Retained Earnings12.8%26,14223,17518,98313,42012,905
  Additional Paid-In Capital0.1%33,40233,36333,37833,32733,262
Shares Outstanding-7.7%491532564--
Minority Interest-1.5%6,4046,5046,3986,3626,410
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations4.5%16,36115,65311,9916,4194,360
Cashflow From Investing-75.7%6232,56914.0016,77214,797
Cashflow From Financing18.3%-13,647-16,714-14,761-16,799-14,419
  Dividend Payments-0.2%1,2791,2821,3671,4351,484
  Buy Backs-7.1%11,92212,8279,8477,5004,654

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 ascendingFund NameType% 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%

1–10 of 48

Latest Funds Activity

Are funds buying MPC calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own MPC
No. of Funds

Marathon Petroleum News

Nasdaq

ExxonMobil (XOM) to Sell Stake in Canada Exploration Blocks.

Nasdaq,
10 hours ago

Nasdaq

Barchart

DirectorsTalk Interviews

Schedule 13G FIlings of Marathon Petroleum

Date FiledName of FilerPercent of ClassNo. of SharesForm 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 ValueVery PessimisticPessimisticBase CaseOptimisticVery 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Michael J. Hennigan
17700
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

2022-12-31
Consolidated 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 investments655458(935)[1]
Net gain on disposal of assets1,0612170
Other income783468118
Revenues and other income179,952120,93069,032
Costs and expenses:   
Cost of revenues (excludes items below)151,671110,00865,733
Impairment expense008,426
Depreciation and amortization3,2153,3643,375
Selling, general and administrative expenses2,7722,5372,710
Restructuring expenses00367[2]
Other taxes825721668
Total costs and expenses158,483116,63081,279
Income (loss) from continuing operations21,4694,300(12,247)
Net interest and other financial costs1,0001,4831,365
Income (loss) from continuing operations before income taxes20,4692,817(13,612)
Provision (benefit) for income taxes on continuing operations4,491264(2,430)
Income (loss) from continuing operations, net of tax15,9782,553(11,182)
Income from discontinued operations, net of tax728,4481,205
Net income (loss)16,05011,001(9,977)
Less net income (loss) attributable to:   
Redeemable noncontrolling interest8810081
Noncontrolling interests1,4461,163(232)
Net income (loss) attributable to MPC$ 14,516$ 9,738$ (9,826)
Basic:   
Continuing operations$ 28.17$ 2.03$ (16.99)
Discontinued operations0.1413.311.86
Net income (loss) per share$ 28.31$ 15.34$ (15.13)
Weighted average shares outstanding512634649
Diluted:   
Continuing operations$ 27.98$ 2.02$ (16.99)
Discontinued operations0.1413.221.86
Net income (loss) per share$ 28.12$ 15.24$ (15.13)
Weighted average shares outstanding516638649
[1]2020 includes impairment expense. See Note 7 for further information.
[2]See Note 19.

MPC Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Assets  
Cash and cash equivalents$ 8,625$ 5,291
Short-term investments3,1455,548
Receivables, less allowance for doubtful accounts of $29 and $40, respectively13,47711,034
Inventories8,8278,055
Other current assets1,168568
Total current assets35,24230,496
Equity method investments6,4665,409
Property, plant and equipment, net[1]35,65737,440
Goodwill8,2448,256
Right of use assets1,2141,372
Other noncurrent assets3,0812,400
Total assets89,90485,373
Liabilities  
Accounts payable15,31213,700
Payroll and benefits payable967911
Accrued taxes1,1401,231
Debt due within one year1,066571
Operating lease liabilities368438
Other current liabilities1,1671,047
Total current liabilities20,02017,898
Long-term debt25,63424,968
Deferred income taxes5,9045,638
Defined benefit postretirement plan obligations1,1141,015
Long-term operating lease liabilities841927
Deferred credits and other liabilities1,3041,346
Total liabilities54,81751,792
Commitments and contingencies (see Note 29)
Redeemable noncontrolling interest968965
Equity  
Preferred stock, no shares issued and outstanding (par value $0.01 per share, 30 million shares authorized)00
Common stock:  
Issued – 990 million and 984 million shares (par value $0.01 per share, 2 billion shares authorized)1010
Held in treasury, at cost – 536 million and 405 million shares(31,841)(19,904)
Additional paid-in capital33,40233,262
Retained earnings26,14212,905
Accumulated other comprehensive income (loss)2(67)
Total MPC stockholders’ equity27,71526,206
Noncontrolling interests6,4046,410
Total equity34,11932,616
Total liabilities, redeemable noncontrolling interest and equity$ 89,904$ 85,373
[1]Includes finance leases. See Note 28.