Marathon Petroleum (MPC) Projected to Announce Earnings on Tuesday

Marathon Petroleum (NYSE:MPC) is anticipated to post its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect the company to announce earnings of $14.27 per share and revenue of $40.8657 billion for the quarter. Individuals can check the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 11:00 AM ET.

Marathon Petroleum (NYSE:MPC) last posted its quarterly earnings data on Tuesday, May 5th. The oil and gas company reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.91. Marathon Petroleum had a return on equity of 16.22% and a net margin of 3.36%.The company had revenue of $34.20 billion for the quarter, compared to analysts’ expectations of $33.42 billion. During the same period in the previous year, the firm posted ($0.24) EPS. Marathon Petroleum’s revenue was up 8.5% compared to the same quarter last year. On average, analysts expect Marathon Petroleum to post $43 EPS for the current fiscal year and $33 EPS for the next fiscal year.

Marathon Petroleum Price Performance

Shares of Marathon Petroleum stock opened at $316.25 on Monday. The business has a 50 day simple moving average of $274.13 and a two-hundred day simple moving average of $237.86. Marathon Petroleum has a 12 month low of $158.00 and a 12 month high of $326.92. The stock has a market capitalization of $92.33 billion, a P/E ratio of 20.64, a PEG ratio of 0.20 and a beta of 0.52. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.18 and a quick ratio of 0.73.

Marathon Petroleum Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 19th will be given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Wednesday, August 19th. Marathon Petroleum’s payout ratio is presently 26.11%.

Insider Transactions at Marathon Petroleum

In other Marathon Petroleum news, VP Michael A. Henschen II sold 6,336 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $268.82, for a total value of $1,703,243.52. Following the completion of the sale, the vice president directly owned 16,900 shares of the company’s stock, valued at $4,543,058. This trade represents a 27.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.17% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of MPC. WFA of San Diego LLC acquired a new stake in Marathon Petroleum during the second quarter worth about $33,000. IFC & Insurance Marketing Inc. acquired a new position in Marathon Petroleum in the 4th quarter valued at about $44,000. Prosperity Bancshares Inc purchased a new stake in shares of Marathon Petroleum in the 4th quarter valued at approximately $45,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Marathon Petroleum in the 4th quarter valued at approximately $46,000. Finally, EFG International AG acquired a new stake in shares of Marathon Petroleum during the 4th quarter worth approximately $48,000. Institutional investors and hedge funds own 76.77% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on MPC shares. Weiss Ratings raised Marathon Petroleum from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, July 6th. Scotiabank upped their target price on shares of Marathon Petroleum from $174.00 to $210.00 and gave the stock a “sector outperform” rating in a report on Wednesday, April 22nd. Bank of America increased their target price on shares of Marathon Petroleum from $224.00 to $260.00 in a research report on Tuesday, May 26th. Raymond James Financial raised their price target on shares of Marathon Petroleum from $300.00 to $335.00 and gave the stock an “outperform” rating in a research note on Monday, July 13th. Finally, Morgan Stanley upped their price objective on shares of Marathon Petroleum from $233.00 to $265.00 and gave the company an “overweight” rating in a research note on Friday, June 12th. Eleven equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $298.69.

About Marathon Petroleum

Marathon Petroleum Corporation (NYSE: MPC) is a U.S.-based downstream energy company engaged principally in the refining, marketing, supply and transportation of petroleum products. The company was formed through a spin-off from Marathon Oil in 2011 and operates an integrated system of refining and logistics assets that support the production and distribution of transportation fuels and other refined petroleum products.

Marathon Petroleum’s operations include refining crude oil into gasoline, diesel, jet fuel, asphalt and other specialty products, as well as managing the distribution and storage infrastructure needed to move those products to market.