Equities Analysts Set Expectations for MPC FY2025 Earnings

Marathon Petroleum Co. (NYSE:MPC) – Stock analysts at Scotiabank cut their FY2025 EPS estimates for Marathon Petroleum in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst P. Cheng now forecasts that the oil and gas company will post earnings of $8.45 per share for the year, down from their prior forecast of $11.55. The consensus estimate for Marathon Petroleum’s current full-year earnings is $8.47 per share.

Several other research firms also recently issued reports on MPC. Tudor Pickering upgraded Marathon Petroleum from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 4th. Wells Fargo & Company increased their price target on shares of Marathon Petroleum from $183.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday. Mizuho dropped their price objective on shares of Marathon Petroleum from $175.00 to $174.00 and set a “neutral” rating for the company in a report on Monday, December 16th. Barclays increased their target price on shares of Marathon Petroleum from $159.00 to $161.00 and gave the stock an “overweight” rating in a report on Friday, March 14th. Finally, Raymond James upped their price objective on Marathon Petroleum from $190.00 to $192.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 17th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $180.21.

Marathon Petroleum Stock Performance

Shares of MPC stock opened at $148.67 on Monday. Marathon Petroleum has a one year low of $130.54 and a one year high of $221.11. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.76 and a current ratio of 1.23. The firm’s 50 day moving average price is $149.07 and its 200-day moving average price is $151.89. The firm has a market cap of $46.32 billion, a P/E ratio of 14.97, a P/E/G ratio of 3.11 and a beta of 1.39.

Marathon Petroleum (NYSE:MPC) last issued its quarterly earnings data on Tuesday, February 4th. The oil and gas company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.71. The firm had revenue of $33.47 billion during the quarter, compared to the consensus estimate of $31.94 billion. Marathon Petroleum had a return on equity of 12.07% and a net margin of 2.45%. The company’s quarterly revenue was down 9.1% on a year-over-year basis. During the same period last year, the company earned $3.98 EPS.

Marathon Petroleum Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 19th were paid a $0.91 dividend. The ex-dividend date was Wednesday, February 19th. This represents a $3.64 annualized dividend and a dividend yield of 2.45%. Marathon Petroleum’s dividend payout ratio (DPR) is currently 36.66%.

Insider Activity

In other news, insider Ricky D. Hessling acquired 2,000 shares of the stock in a transaction that occurred on Tuesday, March 11th. The shares were purchased at an average cost of $134.72 per share, for a total transaction of $269,440.00. Following the transaction, the insider now directly owns 12,162 shares in the company, valued at approximately $1,638,464.64. This represents a 19.68 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Evan Bayh acquired 1,000 shares of the business’s stock in a transaction on Wednesday, March 5th. The shares were purchased at an average price of $133.70 per share, with a total value of $133,700.00. Following the transaction, the director now owns 69,305 shares in the company, valued at $9,266,078.50. The trade was a 1.46 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.21% of the company’s stock.

Institutional Trading of Marathon Petroleum

Several hedge funds and other institutional investors have recently made changes to their positions in MPC. DSG Capital Advisors LLC acquired a new stake in shares of Marathon Petroleum in the 4th quarter worth approximately $483,000. Wealth Enhancement Advisory Services LLC raised its stake in shares of Marathon Petroleum by 25.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 108,060 shares of the oil and gas company’s stock worth $15,074,000 after buying an additional 21,947 shares during the last quarter. NorthCrest Asset Manangement LLC boosted its position in shares of Marathon Petroleum by 7.2% in the 4th quarter. NorthCrest Asset Manangement LLC now owns 32,202 shares of the oil and gas company’s stock worth $4,492,000 after buying an additional 2,172 shares in the last quarter. Copia Wealth Management acquired a new stake in Marathon Petroleum in the 4th quarter valued at about $88,000. Finally, Siemens Fonds Invest GmbH raised its position in Marathon Petroleum by 49.5% during the fourth quarter. Siemens Fonds Invest GmbH now owns 17,455 shares of the oil and gas company’s stock worth $2,435,000 after acquiring an additional 5,783 shares during the last quarter. Institutional investors and hedge funds own 76.77% of the company’s stock.

About Marathon Petroleum

Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. The company operates through Refining & Marketing, and Midstream segments. 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, including renewable diesel, through transportation, storage, distribution, and marketing services.