FY2026 Earnings Forecast for MPC Issued By Scotiabank

Marathon Petroleum Co. (NYSE:MPC) – Research analysts at Scotiabank issued their FY2026 earnings per share estimates for Marathon Petroleum in a note issued to investors on Wednesday, January 8th. Scotiabank analyst P. Cheng forecasts that the oil and gas company will post earnings of $13.05 per share for the year. Scotiabank currently has a “Sector Outperform” rating and a $170.00 target price on the stock. The consensus estimate for Marathon Petroleum’s current full-year earnings is $9.47 per share.

MPC has been the subject of several other reports. BMO Capital Markets reduced their target price on Marathon Petroleum from $200.00 to $190.00 and set an “outperform” rating for the company in a research report on Friday, October 4th. JPMorgan Chase & Co. reduced their target price on Marathon Petroleum from $172.00 to $171.00 and set a “neutral” rating for the company in a research report on Wednesday, October 9th. Morgan Stanley reduced their target price on Marathon Petroleum from $196.00 to $182.00 and set an “overweight” rating for the company in a research report on Monday, September 16th. Barclays reduced their target price on Marathon Petroleum from $168.00 to $159.00 and set an “overweight” rating for the company in a research report on Monday, November 11th. Finally, Citigroup reduced their target price on Marathon Petroleum from $172.00 to $167.00 and set a “neutral” rating for the company in a research report on Thursday, October 10th. Two analysts have rated the stock with a sell rating, six have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Marathon Petroleum currently has an average rating of “Moderate Buy” and an average price target of $183.73.

Marathon Petroleum Price Performance

Shares of NYSE MPC opened at $142.55 on Friday. The stock has a market cap of $45.81 billion, a PE ratio of 11.30, a price-to-earnings-growth ratio of 2.56 and a beta of 1.42. Marathon Petroleum has a fifty-two week low of $130.54 and a fifty-two week 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 stock has a fifty day moving average of $147.84 and a 200-day moving average of $160.02.

Marathon Petroleum (NYSE:MPC) last announced its quarterly earnings results on Tuesday, November 5th. The oil and gas company reported $1.87 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.90. The company had revenue of $35.37 billion during the quarter, compared to analysts’ expectations of $34.34 billion. Marathon Petroleum had a return on equity of 16.19% and a net margin of 3.15%. The firm’s quarterly revenue was down 14.9% compared to the same quarter last year. During the same period in the previous year, the business earned $8.14 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of MPC. Ashton Thomas Private Wealth LLC bought a new position in Marathon Petroleum during the 2nd quarter valued at approximately $141,000. Daiwa Securities Group Inc. grew its holdings in shares of Marathon Petroleum by 5.9% during the 2nd quarter. Daiwa Securities Group Inc. now owns 40,614 shares of the oil and gas company’s stock worth $7,046,000 after acquiring an additional 2,264 shares during the period. Headlands Technologies LLC grew its holdings in shares of Marathon Petroleum by 177.5% during the 2nd quarter. Headlands Technologies LLC now owns 2,423 shares of the oil and gas company’s stock worth $420,000 after acquiring an additional 1,550 shares during the period. MGO One Seven LLC grew its holdings in shares of Marathon Petroleum by 2.4% during the 2nd quarter. MGO One Seven LLC now owns 8,653 shares of the oil and gas company’s stock worth $1,501,000 after acquiring an additional 204 shares during the period. Finally, LPL Financial LLC grew its holdings in shares of Marathon Petroleum by 1.7% during the 2nd quarter. LPL Financial LLC now owns 417,134 shares of the oil and gas company’s stock worth $72,365,000 after acquiring an additional 6,818 shares during the period. Institutional investors own 76.77% of the company’s stock.

Insider Activity

In other Marathon Petroleum news, Director Jeffrey C. Campbell purchased 6,000 shares of the stock in a transaction on Wednesday, December 4th. The stock was acquired at an average price of $149.61 per share, with a total value of $897,660.00. Following the transaction, the director now directly owns 6,090 shares of the company’s stock, valued at approximately $911,124.90. This trade represents a 6,666.67 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.21% of the stock is currently owned by corporate insiders.

Marathon Petroleum declared that its board has authorized a share repurchase program on Tuesday, November 5th that permits the company to buyback $5.00 billion in outstanding shares. This buyback authorization permits the oil and gas company to buy up to 10% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board believes its shares are undervalued.

Marathon Petroleum Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Wednesday, November 20th were paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date of this dividend was Wednesday, November 20th. This is a positive change from Marathon Petroleum’s previous quarterly dividend of $0.83. Marathon Petroleum’s payout ratio is 28.84%.

Marathon Petroleum Company Profile

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.