Marathon Petroleum (NYSE:MPC) Hits New 12-Month High – Here’s Why

Marathon Petroleum Corporation (NYSE:MPC)’s share price hit a new 52-week high on Wednesday . The company traded as high as $276.24 and last traded at $273.6740, with a volume of 146568 shares changing hands. The stock had previously closed at $266.33.

Marathon Petroleum News Summary

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

• Positive Sentiment: Refining stocks have been strong as geopolitical tensions helped push oil prices higher while U.S. gasoline inventories fell and refinery utilization slipped, a combination that can improve margins for Marathon Petroleum’s refining business. Marathon Petroleum Rallies as Refining Stocks Jump With Oil Volatility and Tight Fuel Inventories
• Positive Sentiment: Marathon Petroleum was added to multiple Russell Growth indexes, which could increase institutional ownership and passive fund demand for the stock. Marathon Petroleum (MPC) Joins Russell Growth Indices: What Does This Mean for Its Investment Narrative?
• Positive Sentiment: Brokerages now rate MPC an average of “Moderate Buy,” reinforcing a constructive view on the company’s earnings and valuation. Marathon Petroleum Corporation (NYSE:MPC) Receives Average Rating of “Moderate Buy” from Brokerages
• Neutral Sentiment: One commentary piece says MPC faces a “value test,” suggesting the stock’s recent run has raised questions about whether upside is already priced in. Marathon Petroleum (NYSE:MPC) Faces Value Test
• Neutral Sentiment: Broader market trading was mixed, so some of MPC’s move may reflect sector rotation rather than company-specific news. Stock Market News for July 9, 2026
• Negative Sentiment: Recent coverage also highlights insider and congressional selling, which may temper enthusiasm even though these transactions are relatively small versus the company’s market value.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. TD Cowen dropped their price objective on shares of Marathon Petroleum from $320.00 to $315.00 and set a “buy” rating on the stock in a report on Monday, June 29th. UBS Group set a $285.00 target price on shares of Marathon Petroleum in a research note on Wednesday, May 6th. Mizuho boosted their price target on Marathon Petroleum from $224.00 to $284.00 and gave the company a “neutral” rating in a research note on Wednesday, May 27th. Bank of America upped their price target on Marathon Petroleum from $224.00 to $260.00 in a report on Tuesday, May 26th. Finally, Raymond James Financial raised their price objective on Marathon Petroleum from $285.00 to $300.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Ten analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, Marathon Petroleum currently has a consensus rating of “Moderate Buy” and an average price target of $272.62.

Marathon Petroleum Price Performance

The stock has a market cap of $82.75 billion, a price-to-earnings ratio of 18.50, a price-to-earnings-growth ratio of 0.41 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. The company’s 50-day moving average is $255.98 and its 200-day moving average is $222.07.

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 for the quarter, beating the consensus estimate of $0.74 by $0.91. Marathon Petroleum had a return on equity of 16.22% and a net margin of 3.36%.The company had revenue of $34.20 billion for the quarter, compared to analyst estimates of $33.42 billion. During the same period in the prior year, the company posted ($0.24) EPS. The company’s revenue was up 8.5% compared to the same quarter last year. Equities research analysts expect that Marathon Petroleum Corporation will post 32.96 earnings per share for the current fiscal year.

Marathon Petroleum Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Wednesday, May 20th. Marathon Petroleum’s dividend payout ratio is 26.11%.

Insider Activity

In other Marathon Petroleum news, VP Michael A. Henschen II sold 6,336 shares of Marathon Petroleum stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $268.82, for a total transaction of $1,703,243.52. Following the completion of the transaction, the vice president directly owned 16,900 shares of the company’s stock, valued at approximately $4,543,058. This trade represents a 27.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.17% of the company’s stock.

Hedge Funds Weigh In On Marathon Petroleum

Several institutional investors have recently added to or reduced their stakes in the company. Navalign LLC bought a new stake in Marathon Petroleum during the fourth quarter worth about $30,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Marathon Petroleum in the fourth quarter valued at approximately $31,000. Berbice Capital Management LLC raised its stake in shares of Marathon Petroleum by 100.0% in the fourth quarter. Berbice Capital Management LLC now owns 200 shares of the oil and gas company’s stock valued at $33,000 after acquiring an additional 100 shares during the last quarter. WFA of San Diego LLC acquired a new position in shares of Marathon Petroleum in the 2nd quarter worth approximately $33,000. Finally, Ares Financial Consulting LLC bought a new stake in Marathon Petroleum during the 4th quarter worth approximately $34,000. 76.77% of the stock is 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.