Marathon Petroleum (NYSE:MPC) Stock Price Down 1.3% – Here’s What Happened

Marathon Petroleum Corporation (NYSE:MPC)’s stock price traded down 1.3% during trading on Friday. The stock traded as low as $367.72 and last traded at $372.4770. Approximately 2,401,341 shares traded hands during mid-day trading, a decline of 3% from the average daily volume of 2,473,308 shares. The stock had previously closed at $377.32.

Key Stories Impacting Marathon Petroleum

Here are the key news stories impacting Marathon Petroleum this week:

• Positive Sentiment: A Zacks analysis said MPC could benefit from refinery outages, tight fuel inventories and cheaper heavy crude, which may support refining margins and further upside for the shares. Article: 3 Refining Stocks That Have Doubled in 2026: What’s Next?
• Positive Sentiment: Piper Sandler raised its price target from $462 to $466 and maintained an Overweight rating, signaling continued analyst confidence. Piper Sandler stock recommendations
• Neutral Sentiment: MPC’s $4.2 billion sale of its St. Paul Park and Mandan refineries and related marketing business is intended to fund a greater Gulf Coast focus, including investments to increase diesel output, crude throughput and premium gasoline exports. The shift could improve returns, though it also means selling operating assets. Article: Can MPC’s Gulf Coast Focus Fuel Stronger Future Refining Returns?
• Negative Sentiment: MarketWatch reported that MPC shares underperformed competitors Friday, pointing to relative weakness, although the report’s headline did not specify a cause. Article: Marathon Petroleum Corp. stock underperforms Friday when compared to competitors
• Negative Sentiment: ETFs were net sellers of MPC on Wednesday, selling about $20.1 million in shares despite more funds buying than selling. Article: ETFs Are Net Sellers of Marathon Petroleum (MPC) on Wednesday

Analyst Ratings Changes

MPC has been the topic of a number of research analyst reports. Jefferies Financial Group restated a “hold” rating and issued a $433.00 target price on shares of Marathon Petroleum in a research note on Sunday, October 11th. Bank of America increased their price target on Marathon Petroleum from $410.00 to $426.00 and gave the company a “neutral” rating in a research report on Friday, October 2nd. Raymond James Financial lifted their price target on Marathon Petroleum from $350.00 to $445.00 and gave the stock an “outperform” rating in a report on Monday, September 14th. The Goldman Sachs Group boosted their price objective on Marathon Petroleum from $376.00 to $472.00 and gave the stock a “buy” rating in a research report on Monday, September 21st. Finally, Zacks Research upgraded Marathon Petroleum from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 4th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $425.12.

Marathon Petroleum Stock Down 1.3%

The stock has a market capitalization of $101.42 billion, a P/E ratio of 12.80, a price-to-earnings-growth ratio of 0.10 and a beta of 0.53. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.45 and a quick ratio of 0.89. The stock has a fifty day moving average price of $421.69 and a 200 day moving average price of $295.35.

Marathon Petroleum (NYSE:MPC) last released its quarterly earnings data on Tuesday, November 3rd. The oil and gas company reported $26.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $25.37 by $1.56. The company had revenue of $56.03 billion for the quarter, compared to analyst estimates of $46.60 billion. Marathon Petroleum had a return on equity of 55.82% and a net margin of 8.27%. The firm’s revenue for the quarter was up 57.6% compared to the same quarter last year. During the same period in the previous year, the company posted $3.01 EPS. On average, research analysts forecast that Marathon Petroleum Corporation will post 66.31 earnings per share for the current year.

Marathon Petroleum Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 18th will be given a dividend of $1.00 per share. The ex-dividend date is Wednesday, November 18th. This represents a $4.00 annualized dividend and a dividend yield of 1.1%. Marathon Petroleum’s dividend payout ratio is currently 13.75%.

Insider Activity

In related news, SVP Shawn M. Lyon sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $375.75, for a total transaction of $375,750.00. Following the completion of the transaction, the senior vice president owned 11,194 shares of the company’s stock, valued at approximately $4,206,145.50. The trade was a 8.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Molly R. Benson sold 17,196 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $358.57, for a total transaction of $6,165,969.72. Following the sale, the insider directly owned 30,334 shares in the company, valued at $10,876,862.38. This trade represents a 36.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 21,691 shares of company stock worth $7,780,127 over the last ninety days. Company insiders own 0.17% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in MPC. Vontobel Holding Ltd. boosted its holdings in shares of Marathon Petroleum by 23.2% during the 3rd quarter. Vontobel Holding Ltd. now owns 14,025 shares of the oil and gas company’s stock valued at $5,546,000 after buying an additional 2,637 shares in the last quarter. Energy Income Partners LLC purchased a new stake in shares of Marathon Petroleum in the 2nd quarter worth about $4,912,000. Evolve Private Wealth LLC bought a new position in shares of Marathon Petroleum in the 2nd quarter worth about $673,000. Railway Pension Investments Ltd bought a new position in shares of Marathon Petroleum in the 2nd quarter worth about $3,886,000. Finally, Sax Wealth Advisors LLC increased its stake in shares of Marathon Petroleum by 471.0% in the 3rd quarter. Sax Wealth Advisors LLC now owns 18,705 shares of the oil and gas company’s stock worth $7,396,000 after acquiring an additional 15,429 shares in the last quarter. 76.77% of the stock is currently owned by hedge funds and other institutional investors.

Marathon Petroleum Company Profile

Marathon Petroleum Corporation is an integrated downstream energy company focused on refining, marketing, and transporting petroleum products. Its refineries produce fuels and other products, including gasoline, diesel, jet fuel, asphalt, and petrochemical feedstocks.

The company sells transportation fuels and related products through a network of branded locations and other wholesale and commercial channels, primarily in the United States. Its midstream operations, conducted largely through its affiliated partnership MPLX, include gathering, processing, and transporting natural gas and natural gas liquids, as well as storing and transporting crude oil and refined products.

Marathon Petroleum was established as an independent company in 2011, when it was spun off from Marathon Oil Corporation.