Marathon Petroleum (MPC) Projected to Announce Earnings on Tuesday

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

Marathon Petroleum (NYSE:MPC) last released its quarterly earnings data on Tuesday, May 5th. The oil and gas company reported $1.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.91. The company had revenue of $34.20 billion during the quarter, compared to the consensus estimate of $33.42 billion. Marathon Petroleum had a return on equity of 16.22% and a net margin of 3.36%.The firm’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.24) earnings per share. 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 Stock Up 0.7%

Shares of NYSE MPC opened at $316.25 on Friday. The company has a 50 day simple moving average of $274.13 and a 200 day simple moving average of $237.42. 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 has a 1 year low of $158.00 and a 1 year high of $326.92. The firm has a market cap of $92.33 billion, a PE ratio of 20.64, a price-to-earnings-growth ratio of 0.20 and a beta of 0.52.

Marathon Petroleum Dividend Announcement

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

Analyst Upgrades and Downgrades

MPC has been the subject of several analyst reports. JPMorgan Chase & Co. raised their price target on shares of Marathon Petroleum from $235.00 to $257.00 in a research note on Wednesday, May 6th. Wells Fargo & Company restated an “overweight” rating and issued a $344.00 price objective on shares of Marathon Petroleum in a report on Monday, June 15th. Mizuho raised their target price on Marathon Petroleum from $224.00 to $284.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Piper Sandler reiterated an “overweight” rating and issued a $343.00 price target on shares of Marathon Petroleum in a research report on Thursday, July 23rd. Finally, Scotiabank increased their price target on Marathon Petroleum from $174.00 to $210.00 and gave the company a “sector outperform” rating in a research note on Wednesday, April 22nd. Eleven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, Marathon Petroleum currently has an average rating of “Moderate Buy” and an average price target of $298.69.

Insider Activity at Marathon Petroleum

In other news, VP Michael A. Henschen II sold 6,336 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $268.82, for a total value of $1,703,243.52. Following the sale, the vice president directly owned 16,900 shares of the company’s stock, valued at approximately $4,543,058. This represents a 27.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.17% of the company’s stock.

Hedge Funds Weigh In On Marathon Petroleum

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Man Group plc raised its stake in shares of Marathon Petroleum by 2,175.0% in the fourth quarter. Man Group plc now owns 568,790 shares of the oil and gas company’s stock worth $92,502,000 after purchasing an additional 543,788 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of Marathon Petroleum by 104.8% during the fourth quarter. Victory Capital Management Inc. now owns 1,055,897 shares of the oil and gas company’s stock valued at $171,721,000 after buying an additional 540,283 shares during the last quarter. Voloridge Investment Management LLC purchased a new position in shares of Marathon Petroleum during the fourth quarter valued at approximately $41,154,000. Marshall Wace LLP bought a new stake in Marathon Petroleum during the fourth quarter worth $37,958,000. Finally, Amundi raised its position in Marathon Petroleum by 14.1% in the 4th quarter. Amundi now owns 1,856,704 shares of the oil and gas company’s stock valued at $301,956,000 after buying an additional 229,842 shares during the last quarter. Institutional investors and hedge funds own 76.77% of the company’s stock.

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.