Marathon Petroleum Corporation
MPC · NYSE
- $433.47
- $121.48B
- Open
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- $427.20 - $435.69
- $161.93 - $437.67
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- 1.57M
About Marathon Petroleum Corporation
Marathon Petroleum is an integrated downstream energy company that buys crude oil and processes it at refineries into gasoline, diesel, jet fuel and other petroleum products. It markets and distributes fuels to wholesale and retail customers, including businesses and motorists, and has midstream operations for transporting and storing crude and refined products. Refining and marketing earnings depend on product demand, crude costs and refining margins; midstream operations provide a separate transportation and logistics business. The supplied evidence does not provide segment contribution figures. MPC reports FY2025 revenue of $132.7 billion and net income of $4.0 billion, compared with FY2024 revenue of $138.9 billion and net income of $3.4 billion.
Notable Price Movement
- Sep 28 - Oct 2$422.337.32%
MPC fell 3.22%, from $402.38 on September 21 to $389.44 on September 28. The main move was a sharp selloff on September 22, when the shares closed at $389.68, followed by a further dip to $388.38 the next day. MPC then recovered through September 25, reaching $393.52, before falling again on September 28. Jefferies downgraded the stock from Buy to Hold on September 28, citing its refining risk-reward outlook, adding a company-specific cautious signal late in the period. The supplied evidence does not establish a clear company-specific catalyst for the larger September 22 decline; broader market coverage cited pressure from rising crude prices and bond-yield concerns. Diesel-export-ban talk also returned as a potential industry overhang, though its timing and effect on the week's trading are not established.
- Aug 3-7$298.205.77%
MPC rose $6.56, or 2.14%, from $306.05 to $312.61 over the supplied week. The stock initially advanced for three sessions, reaching $316.47 by July 31, before giving back most of that gain with a drop to $307.03 on August 3. The reversal coincided with broader energy-market pressure, including reported outflows from the XLE ETF that included MPC among notable underlying names. Shares then rebounded on August 4 after MPC reported second-quarter earnings and revenue beats, with Zacks citing surprises of 22.11% and 50.26%, respectively, while RTTNews reported higher quarterly profit. The broader market’s strong rally as Middle East tensions eased also provided a supportive backdrop, although MPC’s sharp Monday decline showed company-specific support was uneven.
