View ValuationMarathon Petroleum 将来の成長Future 基準チェック /06Marathon Petroleumの収益と利益は、それぞれ年間1.7%と2.1%減少すると予測されています。EPS は年間3.4%で 増加すると予想されています。自己資本利益率は 3 年後に19.3%になると予測されています。主要情報-2.1%収益成長率3.41%EPS成長率Oil and Gas 収益成長6.7%収益成長率-1.7%将来の株主資本利益率19.33%アナリストカバレッジGood最終更新日29 Jun 2026今後の成長に関する最新情報お知らせ • Apr 30Marathon Petroleum Corporation Provides Production Guidance for the Second Quarter of 2024Marathon Petroleum Corporation provided production guidance for the second quarter of 2024. For the quarter, the company expects total refinery throughputs of 2,965 mbpd.お知らせ • Jan 30Marathon Petroleum Corporation Provides Production Guidance for the First Quarter of 2024Marathon Petroleum Corporation provided production guidance for the first quarter of 2024. For the quarter, the company expects total refinery throughputs of 2,685 mbpd.すべての更新を表示Recent updatesお知らせ • 13hMarathon Petroleum Corporation Announces Demise of Board Member Abdulaziz F. Alkhayya on June 26, 2026Marathon Petroleum Corporation was informed of the passing of director Abdulaziz F. Alkhayyal on June 26, 2026. Mr. Alkhayyal had served as a member of the Company's board of directors since 2016. He was a member of the Board's Compensation and Organization Development Committee and its Sustainability and Public Policy Committee.New Risk • Jun 22New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. Minor Risk High level of debt (128% net debt to equity).お知らせ • Jun 17Marathon Petroleum Corporation to Report Q2, 2026 Results on Aug 04, 2026Marathon Petroleum Corporation announced that they will report Q2, 2026 results on Aug 04, 2026お知らせ • May 12Marathon Petroleum Corporation Announces Kristina Kazarian to Become Treasurer, Effective May 25, 2026Marathon Petroleum Corp. announced that Kristina Kazarian, who will become Treasurer. Appointments are effective May 25. Kazarian will report to Maria Khoury, executive vice president and chief financial officer. In addition to their MPC responsibilities, Kazarian will each serve in their new respective capacities for MPLX, the master limited partnership sponsored by MPC. Kazarian joined MPC in 2018 as vice president, Investor Relations and took on the additional responsibilities of Finance in 2023. Prior to MPC, she spent over a decade in energy roles at Fidelity and leading equity research teams at Deutsche Bank and Credit Suisse.Reported Earnings • May 06First quarter 2026 earnings released: EPS: US$1.73 (vs US$0.24 loss in 1Q 2025)First quarter 2026 results: EPS: US$1.73 (up from US$0.24 loss in 1Q 2025). Revenue: US$34.4b (up 8.8% from 1Q 2025). Net income: US$511.0m (up US$585.0m from 1Q 2025). Profit margin: 1.5% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 7.7% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.New Risk • May 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 12% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 12% per year for the foreseeable future. Minor Risks High level of debt (118% net debt to equity). Significant insider selling over the past 3 months (€1.8m sold).Declared Dividend • May 04Fourth quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 20th May 2026 Payment date: 10th June 2026 Dividend yield will be 1.6%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 02Marathon Petroleum Corp. Announces Quarterly Dividend, Payable on June 10, 2026The board of directors of Marathon Petroleum Corp. has declared a dividend of $1.00 per share on common stock. The dividend is payable June 10, 2026, to shareholders of record as of the close of business May 20, 2026.お知らせ • Mar 24Marathon Petroleum Corporation to Report Q1, 2026 Results on May 05, 2026Marathon Petroleum Corporation announced that they will report Q1, 2026 results on May 05, 2026Recent Insider Transactions • Feb 18Insider recently sold €902k worth of stockOn the 12th of February, Michael Henschen sold around 5k shares on-market at roughly €170 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €531k more than they bought in the last 12 months.Declared Dividend • Feb 09Fourth quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 18th February 2026 Payment date: 10th March 2026 Dividend yield will be 2.0%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 04Full year 2025 earnings released: EPS: US$13.27 (vs US$10.12 in FY 2024)Full year 2025 results: EPS: US$13.27 (up from US$10.12 in FY 2024). Revenue: US$133.4b (down 4.2% from FY 2024). Net income: US$4.05b (up 18% from FY 2024). Profit margin: 3.0% (up from 2.5% in FY 2024). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.0% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 12%. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.お知らせ • Feb 02Marathon Petroleum Corporation, Annual General Meeting, Apr 29, 2026Marathon Petroleum Corporation, Annual General Meeting, Apr 29, 2026.お知らせ • Jan 31Marathon Petroleum Corporation Announces Quarterly Dividend, Payable on March 10, 2026The board of directors of Marathon Petroleum Corp. has declared a dividend of $1.00 per share on common stock. The dividend is payable March 10, 2026, to shareholders of record as of the close of business February 18, 2026.お知らせ • Jan 06Marathon Petroleum Corporation to Report Q4, 2025 Results on Feb 03, 2026Marathon Petroleum Corporation announced that they will report Q4, 2025 results Pre-Market on Feb 03, 2026お知らせ • Dec 18Marathon Petroleum Corporation Announces Executive ChangesMarathon Petroleum Corp. announced that Maria A. Khoury will join the company as Executive Vice President, effective January 19, 2026. Khoury will succeed John J. Quaid, who will remain with the company for a period of transition. Since 2021, Khoury has served as Vice President, Group CFO Biotechnology for Danaher, a global science and technology innovator, where she has finance responsibility for Cytiva (formerly GE Healthcare Biopharma) and Pall Life Sciences, including oversight of the controllership, treasury, and tax functions. From 2017-2020, Khoury served as Vice President, Finance and IT for GE Healthcare Life Sciences, based in the United Kingdom. Prior to her focus on life sciences, Khoury served in financial leadership positions for GE Oil & Gas in the United States and Italy from 2010 to 2017, including as CFO of GE's Drilling and Surface division. From 1999 to 2010, she held global positions of increasing responsibility in financial planning and analysis and treasury for GE Corporate and GE Capital Treasury. Before joining GE in 1999, Khoury spent five years with Cargill Inc., where she began her finance career. Khoury holds a bachelor's degree in economics from Universidad Catolica Andres Bello in Venezuela, a diploma in international business strategy from the London School of Economics, and a Master of Business Administration degree in international finance from the Thunderbird School of Global Management at Arizona State University.Declared Dividend • Nov 14Third quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 19th November 2025 Payment date: 10th December 2025 Dividend yield will be 2.0%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 67% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 05Third quarter 2025 earnings released: EPS: US$4.52 (vs US$1.88 in 3Q 2024)Third quarter 2025 results: EPS: US$4.52 (up from US$1.88 in 3Q 2024). Revenue: US$34.9b (flat on 3Q 2024). Net income: US$1.37b (up 120% from 3Q 2024). Profit margin: 3.9% (up from 1.8% in 3Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 9.8% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.お知らせ • Nov 04Marathon Petroleum Corporation Announces Board Changes, Effective January 1, 2026Marathon Petroleum Corporation announced that the board of directors of MPC has elected Maryann T. Mannen, president and chief executive officer and member of the board of directors, as chairman of the board, effective Jan. 1, 2026. Mannen will assume the role of chairman of the board in addition to her current responsibilities. Mannen will succeed Michael J. Hennigan, who has elected to retire as executive chairman and as a member of the board of directors, also effective Jan. 1, 2026. John Surma will continue to serve as independent lead director of the board. Mr. Hennigan led MPC as CEO beginning in March 2020 and transitioned from CEO to executive chairman in August 2024. Ms. Mannen has served as CEO since August 2024, after previously serving as president from January 2024, and as executive vice president and chief financial officer between January 2021 and January 2024.Declared Dividend • Nov 02Second quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 19th November 2025 Payment date: 10th December 2025 Dividend yield will be 2.0%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 70% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Oct 30Marathon Petroleum Corporation Increases Quarterly Dividend, Payable on December 10, 2025The board of directors of Marathon Petroleum Corp. has declared a dividend of $1.00 per share on common stock, an increase of approximately 10% over its previous dividend of $0.91 per share. The dividend is payable December 10, 2025, to shareholders of record as of the close of business November 19, 2025.お知らせ • Sep 10Marathon Petroleum Corporation to Report Q3, 2025 Results on Nov 04, 2025Marathon Petroleum Corporation announced that they will report Q3, 2025 results on Nov 04, 2025お知らせ • Aug 06The Andersons, Inc. (NasdaqGS:ANDE) acquired remaining 49.9% stake in The Andersons Marathon Holdings LLC from Marathon Petroleum Corporation (NYSE:MPC) for approximately $430 million.The Andersons, Inc. (NasdaqGS:ANDE) acquired remaining 49.9% stake in The Andersons Marathon Holdings LLC from Marathon Petroleum Corporation (NYSE:MPC) for approximately $430 million on July 31, 2025. Consideration consists of a net purchase price of $385 million and $40 million of working capital. The transaction was funded with cash on hand and debt from existing credit facilities. Goldman Sachs & Co. LLC served as financial advisor to The Andersons, Inc. The Andersons, Inc. (NasdaqGS:ANDE) completed the acquisition of remaining 49.9% stake in The Andersons Marathon Holdings LLC from Marathon Petroleum Corporation (NYSE:MPC) on July 31, 2025.お知らせ • Jul 31Marathon Petroleum Corp. Announces Quarterly Dividend, Payable on September 10, 2025The board of directors of Marathon Petroleum Corp. declared a dividend of $0.91 per share on common stock. The dividend is payable September 10, 2025, to shareholders of record as of the close of business Aug. 20, 2025.お知らせ • Jun 30+ 1 more updateMarathon Petroleum Corporation(NYSE:MPC) dropped from Russell Top 200 Value IndexMarathon Petroleum Corporation(NYSE:MPC) dropped from Russell Top 200 Value IndexValuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €146, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total returns to shareholders of 78% over the past three years.お知らせ • Jun 06Marathon Petroleum Corporation to Report Q2, 2025 Results on Aug 05, 2025Marathon Petroleum Corporation announced that they will report Q2, 2025 results on Aug 05, 2025Reported Earnings • May 07First quarter 2025 earnings released: US$0.24 loss per share (vs US$2.59 profit in 1Q 2024)First quarter 2025 results: US$0.24 loss per share (down from US$2.59 profit in 1Q 2024). Revenue: US$31.6b (down 4.1% from 1Q 2024). Net loss: US$74.0m (down 108% from profit in 1Q 2024). Revenue is forecast to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Declared Dividend • May 04Fourth quarter dividend of US$0.91 announcedShareholders will receive a dividend of US$0.91. Ex-date: 21st May 2025 Payment date: 10th June 2025 Dividend yield will be 2.8%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 02Marathon Petroleum Corporation Announces Executive ChangesOn April 28, 2025, Timothy J. Aydt, Executive Vice President, Refining, of Marathon Petroleum Corporation notified the Company of his intention to retire from the Company, following over 40 years of service, effective September 2, 2025. The Company has announced that Mike Henschen will succeed Mr. Aydt as Executive Vice President, Refining, effective June 1, 2025. Mr. Aydt will continue with the Company in a non-executive officer role to assist with the transition and other key initiatives from June 1, 2025, until his retirement.お知らせ • May 01Marathon Petroleum Corp. Announces Quarterly Dividend, Payable on June 10, 2025The board of directors of Marathon Petroleum Corp. has declared a dividend of $0.91 per share on common stock. The dividend is payable June 10, 2025, to shareholders of record as of the close of business May 21, 2025.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €112, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 47% over the past three years.お知らせ • Mar 11Marathon Petroleum Corporation to Report Q1, 2025 Results on May 06, 2025Marathon Petroleum Corporation announced that they will report Q1, 2025 results on May 06, 2025Reported Earnings • Feb 04Full year 2024 earnings released: EPS: US$10.13 (vs US$23.76 in FY 2023)Full year 2024 results: EPS: US$10.13 (down from US$23.76 in FY 2023). Revenue: US$139.3b (down 6.7% from FY 2023). Net income: US$3.45b (down 64% from FY 2023). Profit margin: 2.5% (down from 6.5% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is expected to fall by 3.0% p.a. on average during the next 3 years compared to a 1.4% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Feb 04Third quarter dividend of US$0.91 announcedShareholders will receive a dividend of US$0.91. Ex-date: 19th February 2025 Payment date: 10th March 2025 Dividend yield will be 2.2%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jan 27Marathon Petroleum Corporation, Annual General Meeting, Apr 30, 2025Marathon Petroleum Corporation, Annual General Meeting, Apr 30, 2025.お知らせ • Jan 25+ 1 more updateMarathon Petroleum Corporation Announces Retirement of Susan Tomasky from the BoardOn January 20, 2025, Susan Tomasky notified the Board of Directors of Marathon Petroleum Corporation of her decision to retire from the Board effective upon the conclusion of the Company's 2025 annual meeting of shareholders, to be held April 30, 2025.お知らせ • Dec 12Marathon Petroleum Corporation to Report Q4, 2024 Results on Feb 04, 2025Marathon Petroleum Corporation announced that they will report Q4, 2024 results on Feb 04, 2025Reported Earnings • Nov 06Third quarter 2024 earnings released: EPS: US$1.88 (vs US$8.32 in 3Q 2023)Third quarter 2024 results: EPS: US$1.88 (down from US$8.32 in 3Q 2023). Revenue: US$35.4b (down 14% from 3Q 2023). Net income: US$622.0m (down 81% from 3Q 2023). Profit margin: 1.8% (down from 7.9% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 32% per year and the company’s share price has also increased by 32% per year.Declared Dividend • Nov 04Second quarter dividend of US$0.91 announcedShareholders will receive a dividend of US$0.91. Ex-date: 20th November 2024 Payment date: 10th December 2024 Dividend yield will be 2.3%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 31% over the next 3 years. However, it would need to fall by 81% to increase the payout ratio to a potentially unsustainable range.お知らせ • Nov 01Marathon Petroleum Corporation Announces Election of Jeffrey C. Campbell to the Board of Directors, Effective November 11, 2024Marathon Petroleum Corp. announced that Jeffrey C. Campbell has been elected to the company's board of directors effective November 11, 2024. Campbell has served as chief financial officer of three large cap public companies over the past 20 years, with his most recent service as vice chairman as well as chief financial officer of American Express Company. Campbell is the former vice chairman and former chief financial officer of the American Express Company, a globally integrated payments company. Before joining American Express in 2013, Campbell was chief financial officer of the McKesson Corporation, a diversified healthcare services leader. Prior to his time at McKesson, Campbell spent 13 years at AMR Corp. and its principal subsidiary American Airlines, ultimately becoming the company's chief financial officer in 2002. Campbell progressed through a range of senior management roles at American Airlines, including leading the company's Europe, Middle East and Africa operations while based in London. Campbell began his professional career as a certified public accountant and management consultant with Deloitte, Haskins & Sells. In addition to his new directorship with MPC, Campbell serves on the boards of Aon plc, a provider of globally integrated Risk Capital and Human Capital solutions, and Hexcel Corporation, a global leader in advanced lightweight composites technology. Campbell is also a board member of The Juilliard School. Campbell holds a bachelor's degree in economics from Stanford University and a Master of Business Administration degree from Harvard University.お知らせ • Oct 31Marathon Petroleum Corporation Increases Quarterly Dividend, Payable December 10, 2024The board of directors of Marathon Petroleum Corp. has declared a dividend of $0.91 per share on common stock, an increase of 10% over its previous dividend of $0.825 per share. The dividend is payable December 10, 2024, to shareholders of record as of the close of business November 20, 2024.お知らせ • Sep 07Marathon Petroleum Corporation to Report Q3, 2024 Results on Nov 05, 2024Marathon Petroleum Corporation announced that they will report Q3, 2024 results on Nov 05, 2024Reported Earnings • Aug 07Second quarter 2024 earnings released: EPS: US$4.34 (vs US$5.34 in 2Q 2023)Second quarter 2024 results: EPS: US$4.34 (down from US$5.34 in 2Q 2023). Revenue: US$38.0b (up 3.8% from 2Q 2023). Net income: US$1.52b (down 32% from 2Q 2023). Profit margin: 4.0% (down from 6.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 4.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 39%. Over the last 3 years on average, earnings per share has increased by 54% per year whereas the company’s share price has increased by 50% per year.Declared Dividend • Aug 05First quarter dividend of US$0.82 announcedShareholders will receive a dividend of US$0.82. Ex-date: 21st August 2024 Payment date: 10th September 2024 Dividend yield will be 1.9%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 24% over the next 3 years. However, it would need to fall by 82% to increase the payout ratio to a potentially unsustainable range.お知らせ • Aug 01Marathon Petroleum Corp. Announces Quarterly Dividend, Payable on September 10, 2024The board of directors of Marathon Petroleum Corp. has declared a dividend of $0.825 per share on common stock. The dividend is payable September 10, 2024, to shareholders of record as of the close of business August 21, 2024.お知らせ • Jun 14Marathon Petroleum Corporation to Report Q2, 2024 Results on Aug 06, 2024Marathon Petroleum Corporation announced that they will report Q2, 2024 results on Aug 06, 2024お知らせ • May 15+ 1 more updateMarathon Petroleum Corp. Announces Executive Changes, Effective August 1, 2024Marathon Petroleum Corp. announced its leadership transition plan, with all positions effective August 1, 2024. At that time, MPC President Maryann T. Mannen will succeed Michael J. Hennigan as Chief Executive Officer; Hennigan will transition from CEO to Executive Chairman of the Board. Hennigan has led MPC as CEO since March 2020 and joined the Board of Directors in April 2020. Mannen has served as President since January of this year, after previously serving as Executive Vice President and Chief Financial Officer since January 2021. Surma became independent Chairman of the Board in April 2020, having served as a member of the Board since 2011. During Hennigan's leadership as CEO, MPC's accomplishments include: Delivering on transformative strategic priorities to structurally lower cost, improve commercial performance and increase competitiveness of the company's portfolio; Strategic sale of the retail business, resulting in robust capital return program; Return of approximately $37 billion to MPC shareholders through dividends and share repurchases, for total shareholder return, with dividends reinvested, of 918% since March 2020; and Significant growth of the midstream business operated by subsidiary MPLX LP, including expansion in the Marcellus, Utica and Permian basins. Mannen was elected MPC President effective January 2024, having previously served as Executive Vice President and CFO since January 2021. She has also served as a member of the Board of Directors of the general partner of MPLX LP since February 2021. Before joining MPC, Mannen served as Executive Vice President and Chief Financial Officer of TechnipFMC (a successor to FMC Technologies Inc.), a leading global engineering services and energy technology company, since 2017. She previously served as Executive Vice President and Chief Financial Officer of FMC Technologies Inc. since 2014, as Senior Vice President and Chief Financial Officer since 2011, and in various positions of increasing responsibility with FMC Technologies Inc. since 1986. Mannen also serves on the board of directors of Owens Corning, an insulation, roofing and fiberglass composites company. Hennigan was elected MPC CEO effective March 2020. He has served as a member of the Board of Directors since April 2020. Hennigan has also served as Chairman of the Board of Directors of the general partner of MPLX LP since April 2020, as its CEO since November 2019 and as its President since June 2017. Before joining the general partner of MPLX LP, Hennigan was President, Crude, NGL and Refined Products of the general partner of Energy Transfer Partners L.P. He was President and Chief Executive Officer of Sunoco Logistics Partners L.P. from 2012 to 2017, President and Chief Operating Officer beginning in 2010, and Vice President, Business Development, beginning in 2009. Hennigan also serves on the board of directors of Nutrien, a Canadian agricultural services company.お知らせ • Apr 30Marathon Petroleum Corporation Provides Production Guidance for the Second Quarter of 2024Marathon Petroleum Corporation provided production guidance for the second quarter of 2024. For the quarter, the company expects total refinery throughputs of 2,965 mbpd.Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: US$2.60 (vs US$6.14 in 1Q 2023)First quarter 2024 results: EPS: US$2.60 (down from US$6.14 in 1Q 2023). Revenue: US$33.0b (down 6.0% from 1Q 2023). Net income: US$937.0m (down 66% from 1Q 2023). Profit margin: 2.8% (down from 7.8% in 1Q 2023). Revenue is forecast to decline by 4.4% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Apr 30Now 25% undervaluedOver the last 90 days, the stock has risen 15% to €170. The fair value is estimated to be €226, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 4.4% per annum. Earnings are also forecast to decline by 17% per annum over the same time period.Declared Dividend • Apr 29Fourth quarter dividend of US$0.82 announcedShareholders will receive a dividend of US$0.82. Ex-date: 15th May 2024 Payment date: 10th June 2024 Dividend yield will be 1.6%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 27% over the next 3 years. However, it would need to fall by 85% to increase the payout ratio to a potentially unsustainable range.お知らせ • Apr 25Marathon Petroleum Corporation Announces Quarterly Dividend, Payable on June 10, 2024The board of directors of Marathon Petroleum Corp. has declared a dividend of $0.825 per share on common stock. The dividend is payable June 10, 2024, to shareholders of record as of the close of business May 16, 2024.お知らせ • Mar 20Marathon Petroleum Corporation to Report Q1, 2024 Results on Apr 30, 2024Marathon Petroleum Corporation announced that they will report Q1, 2024 results on Apr 30, 2024Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €180, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 347% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €231 per share.Reported Earnings • Mar 04Full year 2023 earnings released: EPS: US$23.76 (vs US$28.20 in FY 2022)Full year 2023 results: EPS: US$23.76 (down from US$28.20 in FY 2022). Revenue: US$149.3b (down 16% from FY 2022). Net income: US$9.67b (down 33% from FY 2022). Profit margin: 6.5% (down from 8.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 4.7% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Mar 01Executive Vice President of Refining recently sold €1.3m worth of stockOn the 26th of February, Timothy Aydt sold around 8k shares on-market at roughly €159 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.6m more than they bought in the last 12 months.Upcoming Dividend • Feb 13Upcoming dividend of US$0.82 per share at 2.0% yieldEligible shareholders must have bought the stock before 20 February 2024. Payment date: 11 March 2024. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.1%).Declared Dividend • Feb 05Fourth quarter dividend of US$0.82 announcedShareholders will receive a dividend of US$0.82. Ex-date: 20th February 2024 Payment date: 11th March 2024 Dividend yield will be 2.0%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 38% over the next 3 years. However, it would need to fall by 85% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Jan 30Full year 2023 earnings released: EPS: US$23.79 (vs US$28.20 in FY 2022)Full year 2023 results: EPS: US$23.79 (down from US$28.20 in FY 2022). Revenue: US$150.3b (down 16% from FY 2022). Net income: US$9.68b (down 33% from FY 2022). Profit margin: 6.4% (down from 8.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 11% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 30Marathon Petroleum Corporation Provides Production Guidance for the First Quarter of 2024Marathon Petroleum Corporation provided production guidance for the first quarter of 2024. For the quarter, the company expects total refinery throughputs of 2,685 mbpd.お知らせ • Jan 27+ 1 more updateMarathon Petroleum Corporation, Annual General Meeting, Apr 24, 2024Marathon Petroleum Corporation, Annual General Meeting, Apr 24, 2024, at 10:00 US Eastern Standard Time.お知らせ • Jan 10Marathon Petroleum Corporation Announces Management ChangesMarathon Petroleum Corporation appointed Erin M. Brzezinski as Controller. In this capacity, Ms. Brzezinski will be the Company’s principal accounting officer. Ms. Brzezinski is succeeding C. Kristopher Hagedorn, who ceased to serve as Senior Vice President and Controller of the Company effective January 8, 2024. As previously disclosed, Mr. Hagedorn was appointed Executive Vice President and Chief Financial Officer of MPLX GP LLC, the general partner of MPLX LP and an indirect, wholly owned subsidiary of the Company, effective January 1, 2024. Ms. Brzezinski, 41, has served as Assistant Controller, Technical Accounting, since August 2021, having previously served as Manager, Accounting, of MPLX GP LLC since May 2019. Prior to joining MPC, Ms. Brzezinski was Director, Assurance and Audit Services, at PricewaterhouseCoopers LLP, a professional services and accounting firm, beginning in 2018, and Senior Manager beginning in 2013. She was Manager, Technical Accounting, at Cooper Tire & Rubber Company, an automotive tire manufacturer, from 2011 to 2013. Previously, Ms. Brzezinski served in positions of increasing responsibility with PricewaterhouseCoopers LLP beginning in 2004.お知らせ • Dec 22+ 1 more updateMarathon Petroleum Corp. Announces Chief Financial Officer Changes Effective January 1, 2024Marathon Petroleum Corp. President and Chief Executive Officer Michael J. Hennigan announced changes to the executive management team of MPC, effective January 1, 2024. Maryann T. Mannen, chief financial officer of MPC, has been appointed president of MPC. Hennigan will continue to serve as MPC's CEO, as well as the chairman, president and chief executive officer of the general partner of MPLX LP. As MPC president, Mannen will have oversight responsibility for the nation's largest refining business, commercial performance, and the health, environment, safety and security function. She also will continue to serve as a member of the board of directors of the general partner of MPLX. Prior to joining MPC in 2021, Mannen had a 35-year career in the energy sector, holding positions of increasing responsibility at TechnipFMC and predecessor companies, including executive vice president and chief financial officer. Succeeding Mannen, John J. Quaid, executive vice president and chief financial officer of the general partner of MPLX, has been appointed chief financial officer of MPC. He also will continue to serve as a member of the board of directors of the general partner of MPLX. Quaid joined MPC in 2014 as vice president and controller and became executive vice president and chief financial officer of the general partner of MPLX in 2021. Prior to joining MPC, Quaid held several roles of increasing responsibility at U. S. Steel. Mannen and Quaid will continue reporting to Hennigan in their new roles.お知らせ • Dec 09Marathon Petroleum Corporation to Report Q4, 2023 Results on Jan 30, 2024Marathon Petroleum Corporation announced that they will report Q4, 2023 results on Jan 30, 2024Board Change • Dec 05Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 3 highly experienced directors. Independent Director Frank Semple was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Nov 08Upcoming dividend of US$0.82 per share at 2.3% yieldEligible shareholders must have bought the stock before 15 November 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.9%).お知らせ • Nov 01Marathon Petroleum Corporation Announces Management ChangesMarathon Petroleum Corporation announced that Suzanne Gagle, General Counsel and Senior Vice President, Government Affairs of Marathon Petroleum Corporation (the Company), notified the Company of her intention to retire from the Company, following over 30 years of service, to be effective January 5, 2024. Molly R. Benson, who currently serves as the Company’s Vice President, Chief Securities, Governance & Compliance Officer and Corporate Secretary, has been appointed as Ms. Gagle’s successor to serve as Chief Legal Officer and Corporate Secretary of the Company effective January 1, 2024.Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: US$8.33 (vs US$9.11 in 3Q 2022)Third quarter 2023 results: EPS: US$8.33 (down from US$9.11 in 3Q 2022). Revenue: US$41.6b (down 9.6% from 3Q 2022). Net income: US$3.28b (down 27% from 3Q 2022). Profit margin: 7.9% (down from 9.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 9.1% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.7%. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 77% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 27Marathon Petroleum Corporation (NYSE:MPC) announces an Equity Buyback for $5,000 million worth of its shares.Marathon Petroleum Corporation (NYSE:MPC) announces a share repurchase program. Under the program, the company will repurchase up to $5,000 million worth of shares of its common stock.お知らせ • Oct 26Marathon Petroleum Corp. Declares Quarterly Dividend, Payable on December 11, 2023The board of directors of Marathon Petroleum Corp. has declared a dividend of $0.825 per share on common stock, an increase of approximately 10% over its previous dividend of $0.75 per share. The dividend is payable on Dec. 11, 2023, to shareholders of record as of the close of business Nov. 16, 2023.お知らせ • Sep 13Marathon Petroleum Corporation to Report Q3, 2023 Results on Oct 31, 2023Marathon Petroleum Corporation announced that they will report Q3, 2023 results on Oct 31, 2023Upcoming Dividend • Aug 08Upcoming dividend of US$0.75 per share at 2.1% yieldEligible shareholders must have bought the stock before 15 August 2023. Payment date: 11 September 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (2.3%).お知らせ • Jul 27Marathon Petroleum Corp. Announces Quarterly Dividend, Payable on September 11, 2023The board of directors of Marathon Petroleum Corp. declared a dividend of $0.75 per share on common stock. The dividend is payable September 11, 2023, to shareholders of record as of the close of business August 16, 2023.Board Change • Jul 11Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. 2 highly experienced directors. Independent Director Frank Semple was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Jul 05Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. 2 highly experienced directors. Independent Director Frank Semple was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jun 14Marathon Petroleum Corporation to Report Q2, 2023 Results on Aug 01, 2023Marathon Petroleum Corporation announced that they will report Q2, 2023 results on Aug 01, 2023お知らせ • May 20Marathon Petroleum Corporation Announces Resignation of Toni Townes-Whitley from the Board, Effective June 30, 2023Marathon Petroleum Corporation announced that on May 15, 2023, Toni Townes-Whitley notified the Board of Directors of the company of her decision to resign from the Board effective June 30, 2023 as a result of her recent appointment as chief executive officer of another company and in consideration of her additional time commitments associated with such position.Upcoming Dividend • May 09Upcoming dividend of US$0.75 per share at 2.8% yieldEligible shareholders must have bought the stock before 16 May 2023. Payment date: 12 June 2023. Payout ratio is a comfortable 8.4% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.8%).Reported Earnings • May 03First quarter 2023 earnings released: EPS: US$6.14 (vs US$1.50 in 1Q 2022)First quarter 2023 results: EPS: US$6.14 (up from US$1.50 in 1Q 2022). Revenue: US$35.1b (down 8.3% from 1Q 2022). Net income: US$2.72b (up 222% from 1Q 2022). Profit margin: 7.8% (up from 2.2% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 10% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.6%. Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Mar 25Now 22% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €147, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 111%. For the next 3 years, revenue is forecast to decline by 14% per annum. Earnings is also forecast to decline by 36% per annum over the same time period.Upcoming Dividend • Feb 08Upcoming dividend of US$0.75 per share at 2.5% yieldEligible shareholders must have bought the stock before 15 February 2023. Payment date: 10 March 2023. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.3%).Reported Earnings • Feb 02Full year 2022 earnings released: EPS: US$28.21 (vs US$2.03 in FY 2021)Full year 2022 results: EPS: US$28.21 (up from US$2.03 in FY 2021). Revenue: US$178.2b (up 48% from FY 2021). Net income: US$14.4b (up US$13.2b from FY 2021). Profit margin: 8.1% (up from 1.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 17% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 7.8%. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 31Marathon Petroleum Corporation Elects Toni Townes-Whitley to the Board of DirectorsMarathon Petroleum Corporation announced that Toni Townes-Whitley has been elected to the company's board of directors, effective March 1, 2023. Townes-Whitley is a global technology leader whose career spans more than 35 years, most recently as president of U.S. Regulated Industries at Microsoft Corporation. Prior to Microsoft, she held leadership roles with CGI Federal and Unisys Corporation. Townes-Whitley currently serves as an independent director on the boards of Nasdaq and PNC Financial Services. The election of Townes-Whitley will increase the number of directors on the MPC board to 12. In her role at Microsoft, Townes-Whitley led the strategy for driving digital transformation with customers and partners across the U.S. public sector and commercial regulated industries. With P&L responsibility for a $16 billion portfolio, she was one of the leading business executives at Microsoft, and in the technology industry. Ms. Townes-Whitley developed a track record of accelerating and sustaining profitable business while building high-performance teams. She also helped launch new initiatives at Microsoft, building the ethics framework for Artificial Intelligence and emerging technologies, and establishing herself as a leader in diversity and inclusion efforts. Townes-Whitley has been recognized as a business leader, including by Fortune's Most Powerful Women: Ones to Watch, Women in Technology Leadership, Black Enterprise Top Executive, and many other organizations. Townes-Whitley earned her bachelor's degree in Public Policy & Economics from Princeton University and has received certifications from Wharton Executive Education, New York University and the Performance Management Institute. She serves on several not-for-profit boards as well.お知らせ • Jan 28Marathon Petroleum Corp. Announces Quarterly Dividend, Payable on March 10, 2023The board of directors of Marathon Petroleum Corp. declared a dividend of $0.75 per share on common stock. The dividend is payable March 10, 2023, to shareholders of record as of the close of business Feb. 16, 2023.お知らせ • Dec 17Marathon Petroleum Corporation to Report Q4, 2022 Results on Jan 31, 2023Marathon Petroleum Corporation announced that they will report Q4, 2022 results on Jan 31, 2023Upcoming Dividend • Nov 08Upcoming dividend of US$0.75 per shareEligible shareholders must have bought the stock before 15 November 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (1.0%).Reported Earnings • Nov 02Third quarter 2022 earnings released: EPS: US$9.12 (vs US$1.10 in 3Q 2021)Third quarter 2022 results: EPS: US$9.12 (up from US$1.10 in 3Q 2021). Revenue: US$46.0b (up 42% from 3Q 2021). Net income: US$4.48b (up US$3.78b from 3Q 2021). Profit margin: 9.7% (up from 2.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 15% p.a. on average during the next 3 years compared to a 4.5% decline forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Sep 02Now 22% undervaluedOver the last 90 days, the stock is up 2.5%. The fair value is estimated to be €127, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 15% per annum. Earnings is also forecast to decline by 36% per annum over the same time period.Upcoming Dividend • Aug 09Upcoming dividend of US$0.58 per shareEligible shareholders must have bought the stock before 16 August 2022. Payment date: 12 September 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (1.1%).Reported Earnings • Aug 03Second quarter 2022 earnings released: EPS: US$11.04 (vs US$0.46 in 2Q 2021)Second quarter 2022 results: EPS: US$11.04 (up from US$0.46 in 2Q 2021). Revenue: US$54.1b (up 82% from 2Q 2021). Net income: US$5.87b (up US$5.58b from 2Q 2021). Profit margin: 11% (up from 1.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 6.6% compared to a 33% growth forecast for the industry in Germany.Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €87.68, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 77% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €122 per share.Buying Opportunity • Jun 09Now 20% undervaluedOver the last 90 days, the stock is up 47%. The fair value is estimated to be €131, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 11% per annum. Earnings is also forecast to decline by 21% per annum over the same time period.業績と収益の成長予測BST:MPN - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2028138,7307,97510,91311,890612/31/2027137,4997,3439,83512,0481112/31/2026151,0169,90111,00513,285113/31/2026135,9464,6285,7029,438N/A12/31/2025133,1744,0434,7678,253N/A9/30/2025133,5812,8794,2767,391N/A6/30/2025133,8622,1333,6476,466N/A3/31/2025137,9692,4324,4587,069N/A12/31/2024139,3363,4426,1328,665N/A9/30/2024142,6704,5215,3267,581N/A6/30/2024148,7727,1778,82610,850N/A3/31/2024147,3947,8889,57411,592N/A12/31/2023149,3489,67212,22714,117N/A9/30/2023152,72911,47015,29217,376N/A6/30/2023157,47712,66612,57214,937N/A3/31/2023174,91716,31115,52317,905N/A12/31/2022178,23614,43613,94116,361N/A9/30/2022173,75611,96213,47815,653N/A6/30/2022160,2418,18110,14011,991N/A3/31/2022135,9232,6094,7646,419N/A12/31/2021120,4511,2882,8964,360N/A9/30/2021103,0334755742,014N/A6/30/202187,972-1,4752,7864,483N/A3/31/202170,457-1,9561,5013,641N/A12/31/202069,896-11,032-3682,419N/A9/30/202079,918-10,734-1793,500N/A6/30/202090,070-8,6368794,966N/A3/31/2020105,214-7,7152,5307,050N/A12/31/2019111,2751,830N/A9,441N/A9/30/2019115,6462,523N/A9,759N/A6/30/2019111,0992,419N/A8,154N/A3/31/2019106,0982,735N/A7,918N/A12/31/201886,2842,106N/A6,158N/A9/30/201885,4493,843N/A6,176N/A6/30/201881,7164,008N/A6,900N/A3/31/201877,6183,437N/A5,367N/A12/31/201775,0533,430N/A6,612N/A9/30/201769,2511,642N/A4,860N/A6/30/201764,702885N/A3,359N/A3/31/201761,3851,202N/A4,773N/A12/31/201663,5171,173N/A4,017N/A9/30/201654,3721,132N/A3,810N/A6/30/201656,3641,935N/A4,474N/A3/31/201660,0401,959N/A3,201N/A12/31/201564,4712,848N/A4,073N/A9/30/201571,1113,459N/A3,641N/A6/30/201578,1943,182N/A3,650N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: MPNの収益は今後 3 年間で減少すると予測されています (年間-2.1% )。収益対市場: MPNの収益は今後 3 年間で減少すると予測されています (年間-2.1% )。高成長収益: MPNの収益は今後 3 年間で減少すると予測されています。収益対市場: MPNの収益は今後 3 年間で減少すると予想されています (年間-1.7% )。高い収益成長: MPNの収益は今後 3 年間で減少すると予測されています (年間-1.7% )。一株当たり利益成長率予想将来の株主資本利益率将来のROE: MPNの 自己資本利益率 は、3年後には低くなると予測されています ( 19.3 %)。成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/29 08:02終値2026/06/29 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Marathon Petroleum Corporation 14 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。29 アナリスト機関Theresa ChenBarclaysPhillip JungwirthBMO Capital Markets Equity ResearchJean Ann SalisburyBofA Global Research26 その他のアナリストを表示
お知らせ • Apr 30Marathon Petroleum Corporation Provides Production Guidance for the Second Quarter of 2024Marathon Petroleum Corporation provided production guidance for the second quarter of 2024. For the quarter, the company expects total refinery throughputs of 2,965 mbpd.
お知らせ • Jan 30Marathon Petroleum Corporation Provides Production Guidance for the First Quarter of 2024Marathon Petroleum Corporation provided production guidance for the first quarter of 2024. For the quarter, the company expects total refinery throughputs of 2,685 mbpd.
お知らせ • 13hMarathon Petroleum Corporation Announces Demise of Board Member Abdulaziz F. Alkhayya on June 26, 2026Marathon Petroleum Corporation was informed of the passing of director Abdulaziz F. Alkhayyal on June 26, 2026. Mr. Alkhayyal had served as a member of the Company's board of directors since 2016. He was a member of the Board's Compensation and Organization Development Committee and its Sustainability and Public Policy Committee.
New Risk • Jun 22New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. Minor Risk High level of debt (128% net debt to equity).
お知らせ • Jun 17Marathon Petroleum Corporation to Report Q2, 2026 Results on Aug 04, 2026Marathon Petroleum Corporation announced that they will report Q2, 2026 results on Aug 04, 2026
お知らせ • May 12Marathon Petroleum Corporation Announces Kristina Kazarian to Become Treasurer, Effective May 25, 2026Marathon Petroleum Corp. announced that Kristina Kazarian, who will become Treasurer. Appointments are effective May 25. Kazarian will report to Maria Khoury, executive vice president and chief financial officer. In addition to their MPC responsibilities, Kazarian will each serve in their new respective capacities for MPLX, the master limited partnership sponsored by MPC. Kazarian joined MPC in 2018 as vice president, Investor Relations and took on the additional responsibilities of Finance in 2023. Prior to MPC, she spent over a decade in energy roles at Fidelity and leading equity research teams at Deutsche Bank and Credit Suisse.
Reported Earnings • May 06First quarter 2026 earnings released: EPS: US$1.73 (vs US$0.24 loss in 1Q 2025)First quarter 2026 results: EPS: US$1.73 (up from US$0.24 loss in 1Q 2025). Revenue: US$34.4b (up 8.8% from 1Q 2025). Net income: US$511.0m (up US$585.0m from 1Q 2025). Profit margin: 1.5% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 7.7% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
New Risk • May 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 12% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 12% per year for the foreseeable future. Minor Risks High level of debt (118% net debt to equity). Significant insider selling over the past 3 months (€1.8m sold).
Declared Dividend • May 04Fourth quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 20th May 2026 Payment date: 10th June 2026 Dividend yield will be 1.6%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 02Marathon Petroleum Corp. Announces Quarterly Dividend, Payable on June 10, 2026The board of directors of Marathon Petroleum Corp. has declared a dividend of $1.00 per share on common stock. The dividend is payable June 10, 2026, to shareholders of record as of the close of business May 20, 2026.
お知らせ • Mar 24Marathon Petroleum Corporation to Report Q1, 2026 Results on May 05, 2026Marathon Petroleum Corporation announced that they will report Q1, 2026 results on May 05, 2026
Recent Insider Transactions • Feb 18Insider recently sold €902k worth of stockOn the 12th of February, Michael Henschen sold around 5k shares on-market at roughly €170 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €531k more than they bought in the last 12 months.
Declared Dividend • Feb 09Fourth quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 18th February 2026 Payment date: 10th March 2026 Dividend yield will be 2.0%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 04Full year 2025 earnings released: EPS: US$13.27 (vs US$10.12 in FY 2024)Full year 2025 results: EPS: US$13.27 (up from US$10.12 in FY 2024). Revenue: US$133.4b (down 4.2% from FY 2024). Net income: US$4.05b (up 18% from FY 2024). Profit margin: 3.0% (up from 2.5% in FY 2024). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.0% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 12%. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
お知らせ • Feb 02Marathon Petroleum Corporation, Annual General Meeting, Apr 29, 2026Marathon Petroleum Corporation, Annual General Meeting, Apr 29, 2026.
お知らせ • Jan 31Marathon Petroleum Corporation Announces Quarterly Dividend, Payable on March 10, 2026The board of directors of Marathon Petroleum Corp. has declared a dividend of $1.00 per share on common stock. The dividend is payable March 10, 2026, to shareholders of record as of the close of business February 18, 2026.
お知らせ • Jan 06Marathon Petroleum Corporation to Report Q4, 2025 Results on Feb 03, 2026Marathon Petroleum Corporation announced that they will report Q4, 2025 results Pre-Market on Feb 03, 2026
お知らせ • Dec 18Marathon Petroleum Corporation Announces Executive ChangesMarathon Petroleum Corp. announced that Maria A. Khoury will join the company as Executive Vice President, effective January 19, 2026. Khoury will succeed John J. Quaid, who will remain with the company for a period of transition. Since 2021, Khoury has served as Vice President, Group CFO Biotechnology for Danaher, a global science and technology innovator, where she has finance responsibility for Cytiva (formerly GE Healthcare Biopharma) and Pall Life Sciences, including oversight of the controllership, treasury, and tax functions. From 2017-2020, Khoury served as Vice President, Finance and IT for GE Healthcare Life Sciences, based in the United Kingdom. Prior to her focus on life sciences, Khoury served in financial leadership positions for GE Oil & Gas in the United States and Italy from 2010 to 2017, including as CFO of GE's Drilling and Surface division. From 1999 to 2010, she held global positions of increasing responsibility in financial planning and analysis and treasury for GE Corporate and GE Capital Treasury. Before joining GE in 1999, Khoury spent five years with Cargill Inc., where she began her finance career. Khoury holds a bachelor's degree in economics from Universidad Catolica Andres Bello in Venezuela, a diploma in international business strategy from the London School of Economics, and a Master of Business Administration degree in international finance from the Thunderbird School of Global Management at Arizona State University.
Declared Dividend • Nov 14Third quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 19th November 2025 Payment date: 10th December 2025 Dividend yield will be 2.0%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 67% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 05Third quarter 2025 earnings released: EPS: US$4.52 (vs US$1.88 in 3Q 2024)Third quarter 2025 results: EPS: US$4.52 (up from US$1.88 in 3Q 2024). Revenue: US$34.9b (flat on 3Q 2024). Net income: US$1.37b (up 120% from 3Q 2024). Profit margin: 3.9% (up from 1.8% in 3Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 9.8% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
お知らせ • Nov 04Marathon Petroleum Corporation Announces Board Changes, Effective January 1, 2026Marathon Petroleum Corporation announced that the board of directors of MPC has elected Maryann T. Mannen, president and chief executive officer and member of the board of directors, as chairman of the board, effective Jan. 1, 2026. Mannen will assume the role of chairman of the board in addition to her current responsibilities. Mannen will succeed Michael J. Hennigan, who has elected to retire as executive chairman and as a member of the board of directors, also effective Jan. 1, 2026. John Surma will continue to serve as independent lead director of the board. Mr. Hennigan led MPC as CEO beginning in March 2020 and transitioned from CEO to executive chairman in August 2024. Ms. Mannen has served as CEO since August 2024, after previously serving as president from January 2024, and as executive vice president and chief financial officer between January 2021 and January 2024.
Declared Dividend • Nov 02Second quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 19th November 2025 Payment date: 10th December 2025 Dividend yield will be 2.0%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 70% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Oct 30Marathon Petroleum Corporation Increases Quarterly Dividend, Payable on December 10, 2025The board of directors of Marathon Petroleum Corp. has declared a dividend of $1.00 per share on common stock, an increase of approximately 10% over its previous dividend of $0.91 per share. The dividend is payable December 10, 2025, to shareholders of record as of the close of business November 19, 2025.
お知らせ • Sep 10Marathon Petroleum Corporation to Report Q3, 2025 Results on Nov 04, 2025Marathon Petroleum Corporation announced that they will report Q3, 2025 results on Nov 04, 2025
お知らせ • Aug 06The Andersons, Inc. (NasdaqGS:ANDE) acquired remaining 49.9% stake in The Andersons Marathon Holdings LLC from Marathon Petroleum Corporation (NYSE:MPC) for approximately $430 million.The Andersons, Inc. (NasdaqGS:ANDE) acquired remaining 49.9% stake in The Andersons Marathon Holdings LLC from Marathon Petroleum Corporation (NYSE:MPC) for approximately $430 million on July 31, 2025. Consideration consists of a net purchase price of $385 million and $40 million of working capital. The transaction was funded with cash on hand and debt from existing credit facilities. Goldman Sachs & Co. LLC served as financial advisor to The Andersons, Inc. The Andersons, Inc. (NasdaqGS:ANDE) completed the acquisition of remaining 49.9% stake in The Andersons Marathon Holdings LLC from Marathon Petroleum Corporation (NYSE:MPC) on July 31, 2025.
お知らせ • Jul 31Marathon Petroleum Corp. Announces Quarterly Dividend, Payable on September 10, 2025The board of directors of Marathon Petroleum Corp. declared a dividend of $0.91 per share on common stock. The dividend is payable September 10, 2025, to shareholders of record as of the close of business Aug. 20, 2025.
お知らせ • Jun 30+ 1 more updateMarathon Petroleum Corporation(NYSE:MPC) dropped from Russell Top 200 Value IndexMarathon Petroleum Corporation(NYSE:MPC) dropped from Russell Top 200 Value Index
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €146, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total returns to shareholders of 78% over the past three years.
お知らせ • Jun 06Marathon Petroleum Corporation to Report Q2, 2025 Results on Aug 05, 2025Marathon Petroleum Corporation announced that they will report Q2, 2025 results on Aug 05, 2025
Reported Earnings • May 07First quarter 2025 earnings released: US$0.24 loss per share (vs US$2.59 profit in 1Q 2024)First quarter 2025 results: US$0.24 loss per share (down from US$2.59 profit in 1Q 2024). Revenue: US$31.6b (down 4.1% from 1Q 2024). Net loss: US$74.0m (down 108% from profit in 1Q 2024). Revenue is forecast to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Declared Dividend • May 04Fourth quarter dividend of US$0.91 announcedShareholders will receive a dividend of US$0.91. Ex-date: 21st May 2025 Payment date: 10th June 2025 Dividend yield will be 2.8%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 02Marathon Petroleum Corporation Announces Executive ChangesOn April 28, 2025, Timothy J. Aydt, Executive Vice President, Refining, of Marathon Petroleum Corporation notified the Company of his intention to retire from the Company, following over 40 years of service, effective September 2, 2025. The Company has announced that Mike Henschen will succeed Mr. Aydt as Executive Vice President, Refining, effective June 1, 2025. Mr. Aydt will continue with the Company in a non-executive officer role to assist with the transition and other key initiatives from June 1, 2025, until his retirement.
お知らせ • May 01Marathon Petroleum Corp. Announces Quarterly Dividend, Payable on June 10, 2025The board of directors of Marathon Petroleum Corp. has declared a dividend of $0.91 per share on common stock. The dividend is payable June 10, 2025, to shareholders of record as of the close of business May 21, 2025.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €112, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 47% over the past three years.
お知らせ • Mar 11Marathon Petroleum Corporation to Report Q1, 2025 Results on May 06, 2025Marathon Petroleum Corporation announced that they will report Q1, 2025 results on May 06, 2025
Reported Earnings • Feb 04Full year 2024 earnings released: EPS: US$10.13 (vs US$23.76 in FY 2023)Full year 2024 results: EPS: US$10.13 (down from US$23.76 in FY 2023). Revenue: US$139.3b (down 6.7% from FY 2023). Net income: US$3.45b (down 64% from FY 2023). Profit margin: 2.5% (down from 6.5% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is expected to fall by 3.0% p.a. on average during the next 3 years compared to a 1.4% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Feb 04Third quarter dividend of US$0.91 announcedShareholders will receive a dividend of US$0.91. Ex-date: 19th February 2025 Payment date: 10th March 2025 Dividend yield will be 2.2%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jan 27Marathon Petroleum Corporation, Annual General Meeting, Apr 30, 2025Marathon Petroleum Corporation, Annual General Meeting, Apr 30, 2025.
お知らせ • Jan 25+ 1 more updateMarathon Petroleum Corporation Announces Retirement of Susan Tomasky from the BoardOn January 20, 2025, Susan Tomasky notified the Board of Directors of Marathon Petroleum Corporation of her decision to retire from the Board effective upon the conclusion of the Company's 2025 annual meeting of shareholders, to be held April 30, 2025.
お知らせ • Dec 12Marathon Petroleum Corporation to Report Q4, 2024 Results on Feb 04, 2025Marathon Petroleum Corporation announced that they will report Q4, 2024 results on Feb 04, 2025
Reported Earnings • Nov 06Third quarter 2024 earnings released: EPS: US$1.88 (vs US$8.32 in 3Q 2023)Third quarter 2024 results: EPS: US$1.88 (down from US$8.32 in 3Q 2023). Revenue: US$35.4b (down 14% from 3Q 2023). Net income: US$622.0m (down 81% from 3Q 2023). Profit margin: 1.8% (down from 7.9% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 32% per year and the company’s share price has also increased by 32% per year.
Declared Dividend • Nov 04Second quarter dividend of US$0.91 announcedShareholders will receive a dividend of US$0.91. Ex-date: 20th November 2024 Payment date: 10th December 2024 Dividend yield will be 2.3%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 31% over the next 3 years. However, it would need to fall by 81% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Nov 01Marathon Petroleum Corporation Announces Election of Jeffrey C. Campbell to the Board of Directors, Effective November 11, 2024Marathon Petroleum Corp. announced that Jeffrey C. Campbell has been elected to the company's board of directors effective November 11, 2024. Campbell has served as chief financial officer of three large cap public companies over the past 20 years, with his most recent service as vice chairman as well as chief financial officer of American Express Company. Campbell is the former vice chairman and former chief financial officer of the American Express Company, a globally integrated payments company. Before joining American Express in 2013, Campbell was chief financial officer of the McKesson Corporation, a diversified healthcare services leader. Prior to his time at McKesson, Campbell spent 13 years at AMR Corp. and its principal subsidiary American Airlines, ultimately becoming the company's chief financial officer in 2002. Campbell progressed through a range of senior management roles at American Airlines, including leading the company's Europe, Middle East and Africa operations while based in London. Campbell began his professional career as a certified public accountant and management consultant with Deloitte, Haskins & Sells. In addition to his new directorship with MPC, Campbell serves on the boards of Aon plc, a provider of globally integrated Risk Capital and Human Capital solutions, and Hexcel Corporation, a global leader in advanced lightweight composites technology. Campbell is also a board member of The Juilliard School. Campbell holds a bachelor's degree in economics from Stanford University and a Master of Business Administration degree from Harvard University.
お知らせ • Oct 31Marathon Petroleum Corporation Increases Quarterly Dividend, Payable December 10, 2024The board of directors of Marathon Petroleum Corp. has declared a dividend of $0.91 per share on common stock, an increase of 10% over its previous dividend of $0.825 per share. The dividend is payable December 10, 2024, to shareholders of record as of the close of business November 20, 2024.
お知らせ • Sep 07Marathon Petroleum Corporation to Report Q3, 2024 Results on Nov 05, 2024Marathon Petroleum Corporation announced that they will report Q3, 2024 results on Nov 05, 2024
Reported Earnings • Aug 07Second quarter 2024 earnings released: EPS: US$4.34 (vs US$5.34 in 2Q 2023)Second quarter 2024 results: EPS: US$4.34 (down from US$5.34 in 2Q 2023). Revenue: US$38.0b (up 3.8% from 2Q 2023). Net income: US$1.52b (down 32% from 2Q 2023). Profit margin: 4.0% (down from 6.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 4.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 39%. Over the last 3 years on average, earnings per share has increased by 54% per year whereas the company’s share price has increased by 50% per year.
Declared Dividend • Aug 05First quarter dividend of US$0.82 announcedShareholders will receive a dividend of US$0.82. Ex-date: 21st August 2024 Payment date: 10th September 2024 Dividend yield will be 1.9%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 24% over the next 3 years. However, it would need to fall by 82% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Aug 01Marathon Petroleum Corp. Announces Quarterly Dividend, Payable on September 10, 2024The board of directors of Marathon Petroleum Corp. has declared a dividend of $0.825 per share on common stock. The dividend is payable September 10, 2024, to shareholders of record as of the close of business August 21, 2024.
お知らせ • Jun 14Marathon Petroleum Corporation to Report Q2, 2024 Results on Aug 06, 2024Marathon Petroleum Corporation announced that they will report Q2, 2024 results on Aug 06, 2024
お知らせ • May 15+ 1 more updateMarathon Petroleum Corp. Announces Executive Changes, Effective August 1, 2024Marathon Petroleum Corp. announced its leadership transition plan, with all positions effective August 1, 2024. At that time, MPC President Maryann T. Mannen will succeed Michael J. Hennigan as Chief Executive Officer; Hennigan will transition from CEO to Executive Chairman of the Board. Hennigan has led MPC as CEO since March 2020 and joined the Board of Directors in April 2020. Mannen has served as President since January of this year, after previously serving as Executive Vice President and Chief Financial Officer since January 2021. Surma became independent Chairman of the Board in April 2020, having served as a member of the Board since 2011. During Hennigan's leadership as CEO, MPC's accomplishments include: Delivering on transformative strategic priorities to structurally lower cost, improve commercial performance and increase competitiveness of the company's portfolio; Strategic sale of the retail business, resulting in robust capital return program; Return of approximately $37 billion to MPC shareholders through dividends and share repurchases, for total shareholder return, with dividends reinvested, of 918% since March 2020; and Significant growth of the midstream business operated by subsidiary MPLX LP, including expansion in the Marcellus, Utica and Permian basins. Mannen was elected MPC President effective January 2024, having previously served as Executive Vice President and CFO since January 2021. She has also served as a member of the Board of Directors of the general partner of MPLX LP since February 2021. Before joining MPC, Mannen served as Executive Vice President and Chief Financial Officer of TechnipFMC (a successor to FMC Technologies Inc.), a leading global engineering services and energy technology company, since 2017. She previously served as Executive Vice President and Chief Financial Officer of FMC Technologies Inc. since 2014, as Senior Vice President and Chief Financial Officer since 2011, and in various positions of increasing responsibility with FMC Technologies Inc. since 1986. Mannen also serves on the board of directors of Owens Corning, an insulation, roofing and fiberglass composites company. Hennigan was elected MPC CEO effective March 2020. He has served as a member of the Board of Directors since April 2020. Hennigan has also served as Chairman of the Board of Directors of the general partner of MPLX LP since April 2020, as its CEO since November 2019 and as its President since June 2017. Before joining the general partner of MPLX LP, Hennigan was President, Crude, NGL and Refined Products of the general partner of Energy Transfer Partners L.P. He was President and Chief Executive Officer of Sunoco Logistics Partners L.P. from 2012 to 2017, President and Chief Operating Officer beginning in 2010, and Vice President, Business Development, beginning in 2009. Hennigan also serves on the board of directors of Nutrien, a Canadian agricultural services company.
お知らせ • Apr 30Marathon Petroleum Corporation Provides Production Guidance for the Second Quarter of 2024Marathon Petroleum Corporation provided production guidance for the second quarter of 2024. For the quarter, the company expects total refinery throughputs of 2,965 mbpd.
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: US$2.60 (vs US$6.14 in 1Q 2023)First quarter 2024 results: EPS: US$2.60 (down from US$6.14 in 1Q 2023). Revenue: US$33.0b (down 6.0% from 1Q 2023). Net income: US$937.0m (down 66% from 1Q 2023). Profit margin: 2.8% (down from 7.8% in 1Q 2023). Revenue is forecast to decline by 4.4% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Apr 30Now 25% undervaluedOver the last 90 days, the stock has risen 15% to €170. The fair value is estimated to be €226, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 4.4% per annum. Earnings are also forecast to decline by 17% per annum over the same time period.
Declared Dividend • Apr 29Fourth quarter dividend of US$0.82 announcedShareholders will receive a dividend of US$0.82. Ex-date: 15th May 2024 Payment date: 10th June 2024 Dividend yield will be 1.6%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 27% over the next 3 years. However, it would need to fall by 85% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Apr 25Marathon Petroleum Corporation Announces Quarterly Dividend, Payable on June 10, 2024The board of directors of Marathon Petroleum Corp. has declared a dividend of $0.825 per share on common stock. The dividend is payable June 10, 2024, to shareholders of record as of the close of business May 16, 2024.
お知らせ • Mar 20Marathon Petroleum Corporation to Report Q1, 2024 Results on Apr 30, 2024Marathon Petroleum Corporation announced that they will report Q1, 2024 results on Apr 30, 2024
Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €180, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 347% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €231 per share.
Reported Earnings • Mar 04Full year 2023 earnings released: EPS: US$23.76 (vs US$28.20 in FY 2022)Full year 2023 results: EPS: US$23.76 (down from US$28.20 in FY 2022). Revenue: US$149.3b (down 16% from FY 2022). Net income: US$9.67b (down 33% from FY 2022). Profit margin: 6.5% (down from 8.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 4.7% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Mar 01Executive Vice President of Refining recently sold €1.3m worth of stockOn the 26th of February, Timothy Aydt sold around 8k shares on-market at roughly €159 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.6m more than they bought in the last 12 months.
Upcoming Dividend • Feb 13Upcoming dividend of US$0.82 per share at 2.0% yieldEligible shareholders must have bought the stock before 20 February 2024. Payment date: 11 March 2024. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.1%).
Declared Dividend • Feb 05Fourth quarter dividend of US$0.82 announcedShareholders will receive a dividend of US$0.82. Ex-date: 20th February 2024 Payment date: 11th March 2024 Dividend yield will be 2.0%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 38% over the next 3 years. However, it would need to fall by 85% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Jan 30Full year 2023 earnings released: EPS: US$23.79 (vs US$28.20 in FY 2022)Full year 2023 results: EPS: US$23.79 (down from US$28.20 in FY 2022). Revenue: US$150.3b (down 16% from FY 2022). Net income: US$9.68b (down 33% from FY 2022). Profit margin: 6.4% (down from 8.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 11% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 30Marathon Petroleum Corporation Provides Production Guidance for the First Quarter of 2024Marathon Petroleum Corporation provided production guidance for the first quarter of 2024. For the quarter, the company expects total refinery throughputs of 2,685 mbpd.
お知らせ • Jan 27+ 1 more updateMarathon Petroleum Corporation, Annual General Meeting, Apr 24, 2024Marathon Petroleum Corporation, Annual General Meeting, Apr 24, 2024, at 10:00 US Eastern Standard Time.
お知らせ • Jan 10Marathon Petroleum Corporation Announces Management ChangesMarathon Petroleum Corporation appointed Erin M. Brzezinski as Controller. In this capacity, Ms. Brzezinski will be the Company’s principal accounting officer. Ms. Brzezinski is succeeding C. Kristopher Hagedorn, who ceased to serve as Senior Vice President and Controller of the Company effective January 8, 2024. As previously disclosed, Mr. Hagedorn was appointed Executive Vice President and Chief Financial Officer of MPLX GP LLC, the general partner of MPLX LP and an indirect, wholly owned subsidiary of the Company, effective January 1, 2024. Ms. Brzezinski, 41, has served as Assistant Controller, Technical Accounting, since August 2021, having previously served as Manager, Accounting, of MPLX GP LLC since May 2019. Prior to joining MPC, Ms. Brzezinski was Director, Assurance and Audit Services, at PricewaterhouseCoopers LLP, a professional services and accounting firm, beginning in 2018, and Senior Manager beginning in 2013. She was Manager, Technical Accounting, at Cooper Tire & Rubber Company, an automotive tire manufacturer, from 2011 to 2013. Previously, Ms. Brzezinski served in positions of increasing responsibility with PricewaterhouseCoopers LLP beginning in 2004.
お知らせ • Dec 22+ 1 more updateMarathon Petroleum Corp. Announces Chief Financial Officer Changes Effective January 1, 2024Marathon Petroleum Corp. President and Chief Executive Officer Michael J. Hennigan announced changes to the executive management team of MPC, effective January 1, 2024. Maryann T. Mannen, chief financial officer of MPC, has been appointed president of MPC. Hennigan will continue to serve as MPC's CEO, as well as the chairman, president and chief executive officer of the general partner of MPLX LP. As MPC president, Mannen will have oversight responsibility for the nation's largest refining business, commercial performance, and the health, environment, safety and security function. She also will continue to serve as a member of the board of directors of the general partner of MPLX. Prior to joining MPC in 2021, Mannen had a 35-year career in the energy sector, holding positions of increasing responsibility at TechnipFMC and predecessor companies, including executive vice president and chief financial officer. Succeeding Mannen, John J. Quaid, executive vice president and chief financial officer of the general partner of MPLX, has been appointed chief financial officer of MPC. He also will continue to serve as a member of the board of directors of the general partner of MPLX. Quaid joined MPC in 2014 as vice president and controller and became executive vice president and chief financial officer of the general partner of MPLX in 2021. Prior to joining MPC, Quaid held several roles of increasing responsibility at U. S. Steel. Mannen and Quaid will continue reporting to Hennigan in their new roles.
お知らせ • Dec 09Marathon Petroleum Corporation to Report Q4, 2023 Results on Jan 30, 2024Marathon Petroleum Corporation announced that they will report Q4, 2023 results on Jan 30, 2024
Board Change • Dec 05Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 3 highly experienced directors. Independent Director Frank Semple was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Nov 08Upcoming dividend of US$0.82 per share at 2.3% yieldEligible shareholders must have bought the stock before 15 November 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.9%).
お知らせ • Nov 01Marathon Petroleum Corporation Announces Management ChangesMarathon Petroleum Corporation announced that Suzanne Gagle, General Counsel and Senior Vice President, Government Affairs of Marathon Petroleum Corporation (the Company), notified the Company of her intention to retire from the Company, following over 30 years of service, to be effective January 5, 2024. Molly R. Benson, who currently serves as the Company’s Vice President, Chief Securities, Governance & Compliance Officer and Corporate Secretary, has been appointed as Ms. Gagle’s successor to serve as Chief Legal Officer and Corporate Secretary of the Company effective January 1, 2024.
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: US$8.33 (vs US$9.11 in 3Q 2022)Third quarter 2023 results: EPS: US$8.33 (down from US$9.11 in 3Q 2022). Revenue: US$41.6b (down 9.6% from 3Q 2022). Net income: US$3.28b (down 27% from 3Q 2022). Profit margin: 7.9% (down from 9.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 9.1% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.7%. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 77% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 27Marathon Petroleum Corporation (NYSE:MPC) announces an Equity Buyback for $5,000 million worth of its shares.Marathon Petroleum Corporation (NYSE:MPC) announces a share repurchase program. Under the program, the company will repurchase up to $5,000 million worth of shares of its common stock.
お知らせ • Oct 26Marathon Petroleum Corp. Declares Quarterly Dividend, Payable on December 11, 2023The board of directors of Marathon Petroleum Corp. has declared a dividend of $0.825 per share on common stock, an increase of approximately 10% over its previous dividend of $0.75 per share. The dividend is payable on Dec. 11, 2023, to shareholders of record as of the close of business Nov. 16, 2023.
お知らせ • Sep 13Marathon Petroleum Corporation to Report Q3, 2023 Results on Oct 31, 2023Marathon Petroleum Corporation announced that they will report Q3, 2023 results on Oct 31, 2023
Upcoming Dividend • Aug 08Upcoming dividend of US$0.75 per share at 2.1% yieldEligible shareholders must have bought the stock before 15 August 2023. Payment date: 11 September 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (2.3%).
お知らせ • Jul 27Marathon Petroleum Corp. Announces Quarterly Dividend, Payable on September 11, 2023The board of directors of Marathon Petroleum Corp. declared a dividend of $0.75 per share on common stock. The dividend is payable September 11, 2023, to shareholders of record as of the close of business August 16, 2023.
Board Change • Jul 11Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. 2 highly experienced directors. Independent Director Frank Semple was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Jul 05Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. 2 highly experienced directors. Independent Director Frank Semple was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 14Marathon Petroleum Corporation to Report Q2, 2023 Results on Aug 01, 2023Marathon Petroleum Corporation announced that they will report Q2, 2023 results on Aug 01, 2023
お知らせ • May 20Marathon Petroleum Corporation Announces Resignation of Toni Townes-Whitley from the Board, Effective June 30, 2023Marathon Petroleum Corporation announced that on May 15, 2023, Toni Townes-Whitley notified the Board of Directors of the company of her decision to resign from the Board effective June 30, 2023 as a result of her recent appointment as chief executive officer of another company and in consideration of her additional time commitments associated with such position.
Upcoming Dividend • May 09Upcoming dividend of US$0.75 per share at 2.8% yieldEligible shareholders must have bought the stock before 16 May 2023. Payment date: 12 June 2023. Payout ratio is a comfortable 8.4% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.8%).
Reported Earnings • May 03First quarter 2023 earnings released: EPS: US$6.14 (vs US$1.50 in 1Q 2022)First quarter 2023 results: EPS: US$6.14 (up from US$1.50 in 1Q 2022). Revenue: US$35.1b (down 8.3% from 1Q 2022). Net income: US$2.72b (up 222% from 1Q 2022). Profit margin: 7.8% (up from 2.2% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 10% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.6%. Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Mar 25Now 22% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €147, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 111%. For the next 3 years, revenue is forecast to decline by 14% per annum. Earnings is also forecast to decline by 36% per annum over the same time period.
Upcoming Dividend • Feb 08Upcoming dividend of US$0.75 per share at 2.5% yieldEligible shareholders must have bought the stock before 15 February 2023. Payment date: 10 March 2023. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.3%).
Reported Earnings • Feb 02Full year 2022 earnings released: EPS: US$28.21 (vs US$2.03 in FY 2021)Full year 2022 results: EPS: US$28.21 (up from US$2.03 in FY 2021). Revenue: US$178.2b (up 48% from FY 2021). Net income: US$14.4b (up US$13.2b from FY 2021). Profit margin: 8.1% (up from 1.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 17% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 7.8%. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 31Marathon Petroleum Corporation Elects Toni Townes-Whitley to the Board of DirectorsMarathon Petroleum Corporation announced that Toni Townes-Whitley has been elected to the company's board of directors, effective March 1, 2023. Townes-Whitley is a global technology leader whose career spans more than 35 years, most recently as president of U.S. Regulated Industries at Microsoft Corporation. Prior to Microsoft, she held leadership roles with CGI Federal and Unisys Corporation. Townes-Whitley currently serves as an independent director on the boards of Nasdaq and PNC Financial Services. The election of Townes-Whitley will increase the number of directors on the MPC board to 12. In her role at Microsoft, Townes-Whitley led the strategy for driving digital transformation with customers and partners across the U.S. public sector and commercial regulated industries. With P&L responsibility for a $16 billion portfolio, she was one of the leading business executives at Microsoft, and in the technology industry. Ms. Townes-Whitley developed a track record of accelerating and sustaining profitable business while building high-performance teams. She also helped launch new initiatives at Microsoft, building the ethics framework for Artificial Intelligence and emerging technologies, and establishing herself as a leader in diversity and inclusion efforts. Townes-Whitley has been recognized as a business leader, including by Fortune's Most Powerful Women: Ones to Watch, Women in Technology Leadership, Black Enterprise Top Executive, and many other organizations. Townes-Whitley earned her bachelor's degree in Public Policy & Economics from Princeton University and has received certifications from Wharton Executive Education, New York University and the Performance Management Institute. She serves on several not-for-profit boards as well.
お知らせ • Jan 28Marathon Petroleum Corp. Announces Quarterly Dividend, Payable on March 10, 2023The board of directors of Marathon Petroleum Corp. declared a dividend of $0.75 per share on common stock. The dividend is payable March 10, 2023, to shareholders of record as of the close of business Feb. 16, 2023.
お知らせ • Dec 17Marathon Petroleum Corporation to Report Q4, 2022 Results on Jan 31, 2023Marathon Petroleum Corporation announced that they will report Q4, 2022 results on Jan 31, 2023
Upcoming Dividend • Nov 08Upcoming dividend of US$0.75 per shareEligible shareholders must have bought the stock before 15 November 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (1.0%).
Reported Earnings • Nov 02Third quarter 2022 earnings released: EPS: US$9.12 (vs US$1.10 in 3Q 2021)Third quarter 2022 results: EPS: US$9.12 (up from US$1.10 in 3Q 2021). Revenue: US$46.0b (up 42% from 3Q 2021). Net income: US$4.48b (up US$3.78b from 3Q 2021). Profit margin: 9.7% (up from 2.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 15% p.a. on average during the next 3 years compared to a 4.5% decline forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Sep 02Now 22% undervaluedOver the last 90 days, the stock is up 2.5%. The fair value is estimated to be €127, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 15% per annum. Earnings is also forecast to decline by 36% per annum over the same time period.
Upcoming Dividend • Aug 09Upcoming dividend of US$0.58 per shareEligible shareholders must have bought the stock before 16 August 2022. Payment date: 12 September 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (1.1%).
Reported Earnings • Aug 03Second quarter 2022 earnings released: EPS: US$11.04 (vs US$0.46 in 2Q 2021)Second quarter 2022 results: EPS: US$11.04 (up from US$0.46 in 2Q 2021). Revenue: US$54.1b (up 82% from 2Q 2021). Net income: US$5.87b (up US$5.58b from 2Q 2021). Profit margin: 11% (up from 1.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 6.6% compared to a 33% growth forecast for the industry in Germany.
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €87.68, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 77% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €122 per share.
Buying Opportunity • Jun 09Now 20% undervaluedOver the last 90 days, the stock is up 47%. The fair value is estimated to be €131, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 11% per annum. Earnings is also forecast to decline by 21% per annum over the same time period.