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Marathon Petroleum Corp

MPC.N

Latest Trade

32.28USD

Change

0.16(+0.50%)

Volume

6,604,818

Today's Range

31.64

 - 

32.61

52 Week Range

15.27

 - 

69.61

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
32.12
Open
31.74
Volume
6,604,818
3M AVG Volume
165.34
Today's High
32.61
Today's Low
31.64
52 Week High
69.61
52 Week Low
15.27
Shares Out (MIL)
650.70
Market Cap (MIL)
20,900.34
Forward P/E
-10.10
Dividend (Yield %)
7.22

Next Event

Q3 2020 Marathon Petroleum Corp Earnings Release

Latest Developments

More

Marathon Petroleum Reports Second-Quarter 2020 Results

7-Eleven Inc Buys Speedway From Marathon Petroleum

Marathon Petroleum Corp Announces Agreement For $21 Billion Sale Of Speedway

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About Marathon Petroleum Corp

Marathon Petroleum Corporation is engaged in refining, marketing, retail and transportation businesses in the United States and the largest east of the Mississippi. The Company operates through three segments: Refining & Marketing; Speedway; and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at the Company's seven refineries in the Gulf Coast and Midwest regions of the United States. Its Speedway segment sells transportation fuels and convenience products in the retail market in the Midwest, East Coast and Southeast regions of the United States. The Company's Midstream is engaged in the operations of MPLX LP and certain other related operations. It gathers, processes and transports natural gas, natural gas liquids (NGLs), crude oil and refined products. MPLX is a limited partnership which owns, operates, develops and acquires midstream energy infrastructure assets.

Industry

Oil & Gas Operations

Contact Info

539 S Main St

FINDLAY, OH

45840-3229

United States

+1.419.4212159

http://www.marathonpetroleum.com

Executive Leadership

John P. Surma

Non-Executive Chairman of the Board

Michael J. Hennigan

President, Chief Executive Officer, Director

Donald C. Templin

Chief Financial Officer, Executive Vice President

Timothy T. Griffith

President of Speedway LLC

Glenn M. Plumby

Executive Vice President and Chief Operating Officer, Speedway LLC

Key Stats

2.13 mean rating - 16 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

75.4K

2018

97.1K

2019

124.9K

2020(E)

74.3K
EPS (USD)

2017

3.890

2018

6.140

2019

4.940

2020(E)

-3.383
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.21
Price To Book (MRQ)
0.88
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
135.49
LT Debt To Equity (MRQ)
128.26
Return on Investment (TTM)
-12.12
Return on Equity (TTM)
-9.16

Latest News

Latest News

Marathon Petroleum to represent refinery owners in 2022 USW contract talks -official

Marathon Petroleum Corp has agreed to be the lead company in 2022 talks with the United Steelworkers union (USW) for a new national agreement covering U.S. refinery and chemical workers, said a USW official.

Japan's Seven & i seals $21 billion deal for Marathon Petroleum's Speedway gas stations

The Japanese owner of 7-Eleven convenience stores has agreed to buy Marathon Petroleum Corp's <MPC.N> Speedway gas stations for $21 billion, brushing aside coronavirus concerns to return to the table five months after initially baulking at the deal.

UPDATE 3-Marathon Petroleum to permanently close two U.S. oil refineries

Marathon Petroleum plans to permanently close two small U.S. oil refineries in Martinez, California, and Gallup, New Mexico, the company said, eliminating 800 jobs in response to lower fuels demand.

Marathon Petroleum to permanently close two U.S. oil refineries

Marathon Petroleum plans to permanently close two small U.S. oil refineries in Martinez, California, and Gallup, N.M., the company said, in response to lower fuels demand.

Marathon Petroleum halts projects at St. Paul Park refinery until next year- source

U.S. refiner Marathon Petroleum Corp is delaying all maintenance projects at its 102,000 barrel-per-day St. Paul Park, Minnesota, refinery for 2020, a source familiar with the matter said, amid concerns related to the spread of the novel coronavirus.

BRIEF-Marathon Petroleum Says Unit Confidentially Submitted Registration Statement On Form 10 With U.S. SEC

* MARATHON PETROLEUM - ON JUNE 11, CO'S UNIT, SPEEDWAY CONFIDENTIALLY SUBMITTED REGISTRATION STATEMENT ON FORM 10 WITH THE U.S. SEC

Marathon Petroleum runs plants at minimums but sees creep in gasoline demand

Marathon Petroleum Corp is operating refineries at minimum rates but sees signs of recovery in demand for gasoline amid the coronavirus crisis, executives said on Tuesday.

UPDATE 2-Marathon Petroleum cuts spending by $1.4 bln as virus saps fuel demand

U.S. oil refiner Marathon Petroleum Corp on Tuesday cut spending by 30% and detailed other measures to reduce costs, as widespread lockdowns to curb the spread of the COVID-19 pandemic pummel demand for oil and gas.

Marathon Petroleum takes $12.4 bln impairment hit as virus destroys fuel demand

U.S. oil refiner Marathon Petroleum Corp on Tuesday reported a loss in the first quarter on $12.4 billion in impairment charges, as widespread lockdowns to contain the spread of the COVID-19 pandemic pummeled demand for oil and gas.

BRIEF-Marathon Petroleum Files For Potential Mixed Shelf Size Not Disclosed - SEC Filing

* MARATHON PETROLEUM CORP FILES FOR POTENTIAL MIXED SHELF; SIZE NOT DISCLOSED - SEC FILING Source text: https://bit.ly/2VP8oFG Further company coverage:

UPDATE 1-Marathon Petroleum warns of loss, up to $7.8 bln hit on oil rout

Marathon Petroleum Corp , the largest U.S. oil refiner, warned on Wednesday of a first-quarter loss on a roughly $7.8 billion write-down from a sharp fall in fuel demand.

CORRECTED-BRIEF-Marathon Petroleum Sees Q1 Rev and Other Income $24.1 Bln To $26.7 Bln

* EXPECT TO DEFER OR DELAY CERTAIN CAPITAL EXPENDITURES THAT WE HAD EXPECTED TO MAKE IN 2020.

Marathon Petroleum expects to book charges of up to $7.8 bln on oil price crash

Marathon Petroleum Corp said on Wednesday it would book goodwill impairment charges totaling $7.3 billion to $7.8 billion in the first quarter resulting from a sharp fall in oil prices.

UPDATE 2-Marathon Petroleum names midstream boss as new CEO, to retain unit

Marathon Petroleum Corp on Wednesday tapped the head of its midstream business, Michael Hennigan, as its new chief executive officer and said it will retain the unit despite demands from shareholder Elliott Management to separate it.

Marathon to retain midstream business, names new CEO

Marathon Petroleum Corp said it will retain the current structure of its midstream business, concluding a long-drawn strategic review of the unit it had undertaken after pressure from shareholders lead by Elliott Management.

Marathon Los Angeles Refinery employee tests positive for coronavirus -sources

An employee at Marathon Petroleum Corp’s Los Angeles refinery tested positive for the coronavirus and went into self-quarantine on Wednesday, said three sources familiar with the matter.

Japan's Seven & i to drop $22 billion bid for Speedway gas stations in U.S. -source

Japan's Seven & i Holdings has decided to abandon its proposed $22 billion acquisition of Marathon Petroleum Corp's Speedway gas stations in the United States, a person familiar with the matter told Reuters.

UPDATE 4-Fire causes partial shutdown at Marathon's California refinery

A portion of Marathon Petroleum Corp's 363,000 barrel-per-day Carson refinery in California has been shut following a fire, the company said on Wednesday.

UPDATE 2-Marathon profit plunges on $1.2 billion pipeline unit writedown

Marathon Petroleum Corp's quarterly profit halved as the U.S. refiner was forced to write down $1.2 billion goodwill in its pipeline and transportation business that has failed to perform since Marathon acquired it two years ago.

Marathon Petroleum profit falls 53% on $1.2 bln charge

U.S. refiner Marathon Petroleum Corp reported a 53% fall in quarterly profit on Wednesday, as it took a $1.2 billion pre-tax charge primarily related to goodwill impairment in its limited partnership MPLX.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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