FY2026 EPS Forecast for Marathon Petroleum Raised by Analyst

Marathon Petroleum Corporation (NYSE:MPC) – Research analysts at Scotiabank boosted their FY2026 earnings estimates for Marathon Petroleum in a research report issued on Wednesday, February 11th. Scotiabank analyst P. Cheng now expects that the oil and gas company will post earnings per share of $13.60 for the year, up from their previous estimate of $9.65. Scotiabank currently has a “Outperform” rating and a $174.00 target price on the stock. The consensus estimate for Marathon Petroleum’s current full-year earnings is $8.47 per share. Scotiabank also issued estimates for Marathon Petroleum’s FY2027 earnings at $19.90 EPS.

Marathon Petroleum (NYSE:MPC) last posted its quarterly earnings results on Tuesday, February 3rd. The oil and gas company reported $4.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.73 by $0.34. The company had revenue of $35.10 billion for the quarter, compared to analyst estimates of $30.89 billion. Marathon Petroleum had a net margin of 2.99% and a return on equity of 14.00%. The business’s quarterly revenue was down .1% on a year-over-year basis. During the same period last year, the business posted $0.77 EPS.

A number of other brokerages have also recently commented on MPC. Weiss Ratings restated a “hold (c)” rating on shares of Marathon Petroleum in a research note on Thursday, January 22nd. Raymond James Financial increased their target price on Marathon Petroleum from $205.00 to $210.00 and gave the stock an “outperform” rating in a report on Friday, January 23rd. The Goldman Sachs Group boosted their price target on Marathon Petroleum from $204.00 to $211.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. TD Cowen increased their price objective on Marathon Petroleum from $183.00 to $198.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Finally, Wall Street Zen cut Marathon Petroleum from a “buy” rating to a “hold” rating in a report on Saturday, December 20th. Ten analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $202.19.

Marathon Petroleum Stock Up 2.7%

MPC opened at $203.33 on Monday. The company has a market capitalization of $61.12 billion, a P/E ratio of 15.23, a P/E/G ratio of 1.32 and a beta of 0.74. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.32 and a quick ratio of 0.79. The firm’s fifty day moving average price is $179.12 and its two-hundred day moving average price is $182.49. Marathon Petroleum has a fifty-two week low of $115.10 and a fifty-two week high of $210.32.

Marathon Petroleum Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 18th will be given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Wednesday, February 18th. Marathon Petroleum’s dividend payout ratio is presently 29.96%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. OMERS ADMINISTRATION Corp increased its stake in shares of Marathon Petroleum by 79.8% in the 4th quarter. OMERS ADMINISTRATION Corp now owns 24,162 shares of the oil and gas company’s stock valued at $3,929,000 after buying an additional 10,723 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its holdings in Marathon Petroleum by 29.3% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 375 shares of the oil and gas company’s stock valued at $61,000 after acquiring an additional 85 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its position in Marathon Petroleum by 1.0% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 69,676 shares of the oil and gas company’s stock worth $11,331,000 after purchasing an additional 723 shares during the period. Venture Visionary Partners LLC raised its holdings in Marathon Petroleum by 0.9% during the 4th quarter. Venture Visionary Partners LLC now owns 33,512 shares of the oil and gas company’s stock worth $5,662,000 after purchasing an additional 283 shares during the last quarter. Finally, Resources Management Corp CT ADV lifted its position in Marathon Petroleum by 965.6% during the 4th quarter. Resources Management Corp CT ADV now owns 650 shares of the oil and gas company’s stock valued at $106,000 after purchasing an additional 589 shares during the period. 76.77% of the stock is currently owned by institutional investors.

Marathon Petroleum Company Profile

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.