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Last $54.67 USD
Change Today +0.73 / 1.35%
Volume 6.0M
MPC On Other Exchanges
Symbol
Exchange
New York
Stuttgart
Mexico
As of 8:04 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

marathon petroleum corp (MPC) Snapshot

Open
$54.00
Previous Close
$53.94
Day High
$55.14
Day Low
$53.83
52 Week High
07/13/15 - $60.38
52 Week Low
10/16/14 - $37.32
Market Cap
29.7B
Average Volume 10 Days
5.7M
EPS TTM
$4.91
Shares Outstanding
543.3M
EX-Date
08/17/15
P/E TM
11.1x
Dividend
$1.28
Dividend Yield
1.83%
Current Stock Chart for MARATHON PETROLEUM CORP (MPC)

marathon petroleum corp (MPC) Details

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Pipeline Transportation. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feed stocks to its refineries and other locations. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2014, it owned, leased, and had ownership interests in approximately 8,300 miles of pipeline, as well as owned and operated 2,750 gasoline and convenience stores in 22 states of the United States; and had 5,460 retail outlets operated by independent entrepreneurs in 19 states in the United States. The company is headquartered in Findlay, Ohio.

45,340 Employees
Last Reported Date: 02/27/15

marathon petroleum corp (MPC) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $1.5M
President of Speedway LLC
Total Annual Compensation: $568.8K
Senior Vice President of Refining
Total Annual Compensation: $587.5K
Senior Vice President of Supply, Distribution...
Total Annual Compensation: $537.5K
Executive Vice President of Supply, Transport...
Total Annual Compensation: $687.5K
Compensation as of Fiscal Year 2014.

marathon petroleum corp (MPC) Key Developments

Marathon Petroleum Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Operating Guidance for the Third Quarter of 2015

Marathon Petroleum Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues and other income of $20,581 million compared to $26,933 million a year ago. Income from operations was $1,335 million compared to $1,369 million a year ago. Income before income taxes was $1,271 million compared to $1,321 million a year ago. Net income attributable to the company was $826 million or $1.51 per diluted share compared to $855 million or $1.48 per diluted share a year ago. Capital expenditures and investments were $513 million compared to $363 million a year ago. Cash provided from operations was $994 million. Core operating cash flow was a $1.2 billion source of cash. For the six months, the company reported total revenues and other income of $37,821 million compared to $50,278 million a year ago. Income from operations was $2,805 million compared to $1,730 million a year ago. Income before income taxes was $2,660 million compared to $1,636 million a year ago. Net income attributable to the company was $1,717 million or $3.14 per diluted share compared to $1,054 million or $1.80 per diluted share a year ago. Capital expenditures and investments were $897 million compared to $734 million a year ago. The company expects third quarter throughput volumes to be down slightly compared to third quarter of 2014 due to more planned maintenance in the quarter.

Marathon Petroleum Corporation Announces Election of Charles E. Bunch as Director

Marathon Petroleum Corporation announced that Charles E. Bunch has been elected to the company's board of directors, to be effective September 22, 2015. Bunch is chairman of the board and chief executive officer of PPG Industries. Effective September 1, 2015, he will retire as Chief Executive Officer and remain as Executive Chairman of PPG. Bunch also serves as a member of the boards of directors of ConocoPhillips and the PNC Financial Services Group.

Marathon Petroleum Corporation Declares Quarterly Dividend, Payable on Sept. 10, 2015

Marathon Petroleum Corporation announced that its board of directors declared a dividend of $0.32 per share on common stock, a 28% increase from the $0.25 per-share dividend in the first quarter of 2015, after adjusting to reflect the two-for-one stock split that occurred during the second quarter. The dividend is payable on Sept. 10, 2015, to shareholders of record as of the close of business Aug. 19, 2015.

 

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Industry Analysis

MPC

Industry Average

Valuation MPC Industry Range
Price/Earnings 9.5x
Price/Sales 0.4x
Price/Book 2.6x
Price/Cash Flow 6.5x
TEV/Sales 0.3x
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