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Marathon Petroleum Corporation (MPC) is a energy company in the oil & gas refining & marketing industry with $154.15B in trailing revenue trading at a 13.5× trailing P/E — analyst consensus: buy.
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States. The company operates through three segments: Refining & Marketing; Midstream; and Renewable Diesel. 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 and distributes refined products through transportation, storage, distribution, and marketing services. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures propane and petrochemicals. The company 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 gathers, transports, stores, distributes, and markets crude oil and refined products, including renewable diesel and other hydrocarbon-based products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and transports, fractionates, stores, and markets natural gas liquids. The Renewable Diesel segment processes renewable feedstocks into renewable diesel, markets, and distributes renewable diesel through its Midstream segment and third parties. It sells renewable diesel to wholesale marketing customers, buyers on the spot market, and through long-term supply contracts to direct dealers under the ARCO brand. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.
Key Statistics
Market Cap
$109.07B
Revenue (TTM)
$154.15B
EPS (TTM)
$28.74
EPS (Fwd est.)
$47.13
Employees
18,500
Trailing P/E
13.51
Forward P/E
8.24
PEG Ratio
0.90
Price / Sales
0.71
Price / Book
5.76
EV / EBITDA
9.24
Beta (5Y)
0.53
Analyst Consensus
Consensus
Buy
Analyst Price Target
-3.3% downside
Target: $375.50
Annual Revenue & Net Income
RevenueNet Income
'22
$177.45B
$14.52B
'23
$148.38B
$9.68B
'24
$138.86B
$3.44B
'25
$132.70B
$4.05B
Earnings History
Quarter
Actual EPS
Estimate
Result
Aug 2026
$17.73
$13.95
Beat (+27.1%)
May 2026
$1.65
$0.75
Beat (+120.6%)
Feb 2026
$4.07
$2.71
Beat (+50.1%)
Nov 2025
$3.01
$3.16
Miss (-4.9%)
Next Earnings Report
Marathon Petroleum Corporation is next expected to report earnings on 03 Nov 2026.
What does Marathon Petroleum Corporation (MPC) do?
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States. The company operates through three segments: Refining & Marketing; Midstream; and Renewable Diesel. 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 S…
What is MPC's market cap?
Marathon Petroleum Corporation has a market capitalization of approximately $109.07B.
What is MPC's P/E ratio?
Marathon Petroleum Corporation trades at a trailing P/E ratio of 13.5x and a forward P/E of 8.2x, which is below the broad market average of ~25x.
How much revenue does MPC generate?
Marathon Petroleum Corporation generated $154.15B in trailing 12-month revenue.
What do analysts say about MPC?
The analyst consensus rating for Marathon Petroleum Corporation is buy, with a mean price target of $375.50. That implies -3.3% upside from the current price.
When does MPC report earnings?
Marathon Petroleum Corporation is next scheduled to report earnings on 03 Nov 2026.
Does MPC pay a dividend?
Yes. Marathon Petroleum Corporation pays a dividend with a current yield of 1.03%, at an annual rate of $4.00 per share.
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