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Last $101.92 USD
Change Today +0.67 / 0.66%
Volume 1.4M
MPC On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 3:23 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

marathon petroleum corp (MPC) Snapshot

Open
$101.70
Previous Close
$101.25
Day High
$102.29
Day Low
$101.15
52 Week High
02/26/15 - $108.32
52 Week Low
10/16/14 - $74.64
Market Cap
27.7B
Average Volume 10 Days
2.4M
EPS TTM
$9.97
Shares Outstanding
271.6M
EX-Date
05/18/15
P/E TM
10.2x
Dividend
$2.00
Dividend Yield
1.88%
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 Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Production Guidance for the Second Quarter of 2015

Marathon Petroleum Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. The company reported 2015 first-quarter earnings of $891 million, or $3.24 per diluted share, compared with $199 million, or $0.67 per diluted share, for the first quarter of 2014. Total revenues were $7,240 million against $23,345 million a year ago. First-quarter 2015 earnings included pretax pension settlement expenses of $1 million, compared with $64 million for the first quarter of 2014. Total income from operations was $1.47 billion in the first quarter of 2015, compared with $361 million in the first quarter of 2014. Income before income taxes was $1,389 million against $315 million of prior year period. Total capital expenditures and investments were $384 million against $371 million a year ago. Cash provided from operations was $1,190 million against $388 million a year ago. Total Segment EBITDA was $1,910 million ago. First quarter results also benefited from lower maintenance activity relative to the first quarter of last year. The primary drivers for the change in earnings were the $954 million increase in Refining & Marketing and the $110 million increase in Speedway income, partially offset by higher income taxes associated with those higher earnings. For the second quarter of 2015, the company expects throughput volumes to be up about 93,000 barrels a day compared to second quarter 2014 and up about 75,000 versus first quarter of 2015 due to less plant maintenance. Speedway's light product sales volume will be approximately 1.5 billion gallons.

Marathon Petroleum Seeks Acquisitions

Marathon Petroleum Corporation (NYSE:MPC) announced that it will continue to evaluate M&A acquisition opportunities.

Marathon Petroleum Corporation Announces Dividend Payable on June 10, 2015

Marathon Petroleum Corporation announced that its board of directors declared a dividend of $0.50 per share on common stock on a pre-split basis. The dividend is payable on June 10, 2015, to shareholders of record as of the close of business May 20, 2015.

 

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Industry Analysis

MPC

Industry Average

Valuation MPC Industry Range
Price/Earnings 9.0x
Price/Sales 0.3x
Price/Book 2.6x
Price/Cash Flow 6.1x
TEV/Sales 0.2x
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