Marathon Petroleum
Market Cap
US$35.2b
Last Updated
2021/07/31 23:28 UTC
Data Sources
Company Financials +
Executive Summary
Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer with moderate growth potential.
Similar Companies
Share Price & News
How has Marathon Petroleum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MPC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MPC's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
3.4%
MPC
0.9%
US Oil and Gas
-0.5%
US Market
1 Year Return
44.6%
MPC
41.4%
US Oil and Gas
35.9%
US Market
Return vs Industry: MPC exceeded the US Oil and Gas industry which returned 41.7% over the past year.
Return vs Market: MPC exceeded the US Market which returned 35.9% over the past year.
Shareholder returns
| MPC | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.4% | 0.9% | -0.5% |
| 30 Day | -9.9% | -9.9% | 0.09% |
| 90 Day | -0.8% | 1.5% | 3.2% |
| 1 Year | 52.0%44.6% | 50.1%41.4% | 38.0%35.9% |
| 3 Year | -20.6%-30.2% | -19.6%-31.1% | 62.8%52.6% |
| 5 Year | 58.7%31.8% | -5.2%-24.0% | 121.2%96.9% |
Long-Term Price Volatility Vs. Market
How volatile is Marathon Petroleum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 hours ago | Simply Wall St
Marathon Petroleum (NYSE:MPC) Has Affirmed Its Dividend Of US$0.583 weeks ago | Simply Wall St
Here's Why Marathon Petroleum (NYSE:MPC) Has A Meaningful Debt Burden1 month ago | Simply Wall St
Estimating The Intrinsic Value Of Marathon Petroleum Corporation (NYSE:MPC)Valuation
Is Marathon Petroleum undervalued compared to its fair value and its price relative to the market?
23.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MPC ($55.22) is trading below our estimate of fair value ($72.2)
Significantly Below Fair Value: MPC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MPC is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: MPC is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MPC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MPC's PB Ratio (1.7x) is in line with the US Oil and Gas industry average.
Future Growth
How is Marathon Petroleum forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
32.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MPC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: MPC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MPC's is expected to become profitable in the next 3 years.
Revenue vs Market: MPC's revenue (1.3% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: MPC's revenue (1.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MPC's Return on Equity is forecast to be low in 3 years time (12.9%).
Past Performance
How has Marathon Petroleum performed over the past 5 years?
-52.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MPC is currently unprofitable.
Growing Profit Margin: MPC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MPC is unprofitable, and losses have increased over the past 5 years at a rate of 52.4% per year.
Accelerating Growth: Unable to compare MPC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MPC is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-42.2%).
Return on Equity
High ROE: MPC has a negative Return on Equity (-2.77%), as it is currently unprofitable.
Financial Health
How is Marathon Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: MPC's short term assets ($30.4B) exceed its short term liabilities ($16.1B).
Long Term Liabilities: MPC's short term assets ($30.4B) do not cover its long term liabilities ($41.1B).
Debt to Equity History and Analysis
Debt Level: MPC's debt to equity ratio (108%) is considered high.
Reducing Debt: MPC's debt to equity ratio has increased from 59.3% to 108% over the past 5 years.
Debt Coverage: MPC's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: MPC's interest payments on its debt are not well covered by EBIT (0.5x coverage).
Balance Sheet
Dividend
What is Marathon Petroleum current dividend yield, its reliability and sustainability?
4.20%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: MPC's dividend (4.2%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: MPC's dividend (4.2%) is in the top 25% of dividend payers in the US market (3.54%)
Stability and Growth of Payments
Stable Dividend: MPC's dividends per share have been stable in the past 10 years.
Growing Dividend: MPC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: MPC is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: MPC's dividends in 3 years are forecast to be covered by earnings (63.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Mike Hennigan (62 yo)
1.33yrs
Tenure
US$15,927,901
Compensation
Mr. Michael J. Hennigan, also known as Mike, is Chairman of the Board of MPLX GP LLC, the General Partner of MPLX LP since April 29, 2020. Mr. Hennigan is Chief Executive Officer at MPLX GP LLC, the Genera...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD15.93M) is above average for companies of similar size in the US market ($USD11.17M).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: MPC's management team is considered experienced (2.8 years average tenure).
Board Members
Experienced Board: MPC's board of directors are considered experienced (3.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Marathon Petroleum Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Marathon Petroleum Corporation
- Ticker: MPC
- Exchange: NYSE
- Founded: 1887
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Market Cap: US$35.180b
- Shares outstanding: 637.08m
- Website: https://www.marathonpetroleum.com
Number of Employees
Location
- Marathon Petroleum Corporation
- 539 South Main Street
- Findlay
- Ohio
- 45840
- United States
Listings
Biography
Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates in two segments: R...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/31 23:28 |
| End of Day Share Price | 2021/07/30 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.