Marathon Petroleum (MPC) to Release Earnings on Tuesday

Marathon Petroleum (NYSE:MPC) is expected to release its Q1 2026 results before the market opens on Tuesday, May 5th. Analysts expect Marathon Petroleum to post earnings of $0.72 per share and revenue of $33.4192 billion for the quarter. Investors can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Tuesday, May 5, 2026 at 11:00 AM ET.

Marathon Petroleum (NYSE:MPC) last announced its quarterly earnings data 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. Marathon Petroleum had a return on equity of 13.90% and a net margin of 2.99%.The firm had revenue of $32.57 billion for the quarter, compared to analysts’ expectations of $30.89 billion. During the same period last year, the business posted $0.77 earnings per share. The firm’s revenue for the quarter was down .1% on a year-over-year basis. On average, analysts expect Marathon Petroleum to post $26 EPS for the current fiscal year and $24 EPS for the next fiscal year.

Marathon Petroleum Stock Up 0.3%

MPC stock opened at $246.77 on Monday. The firm has a market cap of $72.67 billion, a price-to-earnings ratio of 18.48, a PEG ratio of 0.36 and a beta of 0.53. Marathon Petroleum has a 1-year low of $137.30 and a 1-year high of $255.77. The firm has a fifty day moving average price of $226.00 and a two-hundred day moving average price of $199.59. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.26 and a quick ratio of 0.74.

Marathon Petroleum Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th will be issued a $1.00 dividend. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $4.00 annualized dividend and a dividend yield of 1.6%. Marathon Petroleum’s payout ratio is 29.96%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on MPC shares. UBS Group increased their price objective on shares of Marathon Petroleum from $221.00 to $280.00 and gave the stock a “buy” rating in a research note on Thursday, April 2nd. TD Cowen lifted their target price on Marathon Petroleum from $198.00 to $299.00 and gave the company a “buy” rating in a research note on Wednesday, April 1st. Scotiabank increased their price target on Marathon Petroleum from $174.00 to $210.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, April 22nd. Morgan Stanley raised their price target on Marathon Petroleum from $200.00 to $233.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Finally, Weiss Ratings lowered Marathon Petroleum from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, March 19th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have given 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 target price of $241.81.

Insider Buying and Selling

In other Marathon Petroleum news, insider Ricky D. Hessling sold 1,810 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $224.78, for a total value of $406,851.80. Following the sale, the insider owned 10,188 shares in the company, valued at approximately $2,290,058.64. This trade represents a 15.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last ninety days, insiders have sold 4,473 shares of company stock valued at $1,015,428. 0.17% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Marathon Petroleum

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Onyx Bridge Wealth Group LLC increased its position in Marathon Petroleum by 4.7% in the 4th quarter. Onyx Bridge Wealth Group LLC now owns 1,253 shares of the oil and gas company’s stock valued at $204,000 after acquiring an additional 56 shares during the period. Ameriflex Group Inc. boosted its position in Marathon Petroleum by 15.0% during the 4th quarter. Ameriflex Group Inc. now owns 474 shares of the oil and gas company’s stock worth $77,000 after acquiring an additional 62 shares during the period. Lazard Asset Management LLC grew its stake in shares of Marathon Petroleum by 7.1% in the second quarter. Lazard Asset Management LLC now owns 1,037 shares of the oil and gas company’s stock worth $172,000 after purchasing an additional 69 shares in the last quarter. Lbmc Investment Advisors LLC increased its holdings in shares of Marathon Petroleum by 5.3% during the fourth quarter. Lbmc Investment Advisors LLC now owns 1,409 shares of the oil and gas company’s stock valued at $229,000 after purchasing an additional 71 shares during the period. Finally, Ausdal Financial Partners Inc. increased its holdings in shares of Marathon Petroleum by 2.2% during the fourth quarter. Ausdal Financial Partners Inc. now owns 3,342 shares of the oil and gas company’s stock valued at $543,000 after purchasing an additional 73 shares during the period. 76.77% of the stock is owned by institutional investors.

Marathon Petroleum News Roundup

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

• Positive Sentiment: Analyst upgrades and a higher near‑term earnings outlook have driven momentum and income appeal, cited as the primary reason for the recent surge in MPC shares. Marathon Petroleum (MPC) Is Up 12.3% After Analyst Upgrades And Dividend Declaration – What’s Changed
• Positive Sentiment: The board declared a $1.00 quarterly dividend (record May 20, pay June 10), reinforcing cash-return policy and supporting yield-focused investor demand; the announcement accompanies an upgraded outlook in several writeups. Assessing Marathon Petroleum (MPC) Valuation After Dividend Declaration And Upgraded Earnings Outlook
• Positive Sentiment: Market research firm coverage boosted sentiment—MPC made Zacks’ Rank #1 (Strong Buy) growth list, which can attract momentum and quant-driven flows. Best Growth Stocks to Buy for May 1st
• Neutral Sentiment: Analysts and previews are focusing on Q1 drivers—strong refining margins and utilization could help results, but details will matter. Investors should watch reported margins, renewables and midstream segments for nuance. What’s in the Offing for Marathon Petroleum in Q1 Earnings?
• Neutral Sentiment: Valuation analysis pieces discuss whether the recent share gains are pricing in expected cash flows and DCF value—helpful for longer‑term allocation decisions but not an immediate catalyst. Is Marathon Petroleum (MPC) Pricing Reflect Recent Share Surge And DCF-Based Value Gap
• Neutral Sentiment: Market commentary and “trending” coverage have amplified visibility; such coverage can reinforce flows but may fade after earnings. Marathon Petroleum Stock Is Trending Overnight: Here’s Why
• Negative Sentiment: Macro energy risks remain: a Bank of England note warned that a sustained energy shock could push inflation and rates higher—an outcome that could pressure demand and margins if oil dislocations persist. This is a tail risk for refiners. Bank of England sounds warning of interest rate hikes ahead

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.