Marathon Petroleum (MPC) Projected to Announce Earnings on Tuesday

Posted by Francis Steltz on Jul 28th, 2026

Marathon Petroleum (NYSE:MPC – Get Free Report) is projected to post its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect Marathon Petroleum to announce earnings of $13.95 per share and revenue of $40.8657 billion for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 11:00 AM ET.

Marathon Petroleum (NYSE:MPC – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The oil and gas company reported $1.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.91. The firm had revenue of $34.20 billion for the quarter, compared to analyst estimates of $33.42 billion. Marathon Petroleum had a net margin of 3.36% and a return on equity of 16.22%. The business’s revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous 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 Down 0.1%

MPC traded down $0.28 during trading on Tuesday, hitting $312.06. The company had a trading volume of 265,088 shares, compared to its average volume of 2,437,479. The firm’s 50-day moving average price is $269.70 and its 200 day moving average price is $234.02. The company has a market capitalization of $91.10 billion, a PE ratio of 20.36, a PEG ratio of 0.20 and a beta of 0.52. The company has a quick ratio of 0.73, a current ratio of 1.18 and a debt-to-equity ratio of 1.31. Marathon Petroleum has a one year low of $158.00 and a one year high of $326.92.

Marathon Petroleum Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were paid a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.3%. The ex-dividend date was Wednesday, May 20th. Marathon Petroleum’s payout ratio is presently 26.11%.

Wall Street Analyst Weigh In

MPC has been the subject of a number of analyst reports. Morgan Stanley raised their price target on Marathon Petroleum from $233.00 to $265.00 and gave the company an “overweight” rating in a research note on Friday, June 12th. TD Cowen boosted their price target on Marathon Petroleum from $315.00 to $357.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. BMO Capital Markets reiterated an “outperform” rating on shares of Marathon Petroleum in a research note on Friday, June 12th. Wall Street Zen upgraded shares of Marathon Petroleum from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. Finally, The Goldman Sachs Group increased their price target on shares of Marathon Petroleum from $291.00 to $376.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. Eleven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $298.69.

View Our Latest Research Report on MPC

Insider Buying and Selling at Marathon Petroleum

In related news, VP Michael A. Henschen II sold 6,336 shares of the 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 approximately $4,543,058. This represents a 27.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.17% of the company’s stock.

Institutional Investors Weigh In On Marathon Petroleum

A number of hedge funds have recently modified their holdings of the stock. Sivia Capital Partners LLC boosted its holdings in Marathon Petroleum by 26.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,221 shares of the oil and gas company’s stock valued at $369,000 after purchasing an additional 466 shares during the period. Mitchell Mcleod Pugh & Williams Inc. purchased a new position in shares of Marathon Petroleum in the 4th quarter worth about $165,000. McMillan Office Inc. bought a new position in shares of Marathon Petroleum during the 4th quarter valued at about $163,000. Inspire Investing LLC purchased a new stake in Marathon Petroleum during the fourth quarter valued at about $157,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of Marathon Petroleum in the second quarter worth about $151,000. Institutional investors own 76.77% of the company’s stock.

About Marathon Petroleum

(Get Free Report)

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.