Back to top

Image: Bigstock

Marathon Petroleum (MPC) Outperforms Broader Market: What You Need to Know

Read MoreHide Full Article

Marathon Petroleum (MPC - Free Report) ended the recent trading session at $248.29, demonstrating a +2.68% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 1.02%. Meanwhile, the Dow gained 1.62%, and the Nasdaq, a tech-heavy index, added 0.89%.

Shares of the refiner have appreciated by 1.53% over the course of the past month, outperforming the Oils-Energy sector's loss of 1.97%, and lagging the S&P 500's gain of 12.23%.

The investment community will be closely monitoring the performance of Marathon Petroleum in its forthcoming earnings report. The company is scheduled to release its earnings on May 5, 2026. It is anticipated that the company will report an EPS of $0.68, marking a 383.33% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $30.35 billion, down 4.7% from the year-ago period.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $26.3 per share and revenue of $136.87 billion, indicating changes of +145.79% and +1.22%, respectively, compared to the previous year.

Investors should also pay attention to any latest changes in analyst estimates for Marathon Petroleum. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 53.21% higher. Marathon Petroleum is currently a Zacks Rank #1 (Strong Buy).

Looking at valuation, Marathon Petroleum is presently trading at a Forward P/E ratio of 9.2. This denotes a discount relative to the industry average Forward P/E of 10.72.

We can additionally observe that MPC currently boasts a PEG ratio of 0.36. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Oil and Gas - Refining and Marketing stocks are, on average, holding a PEG ratio of 0.41 based on yesterday's closing prices.

The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 8, placing it within the top 4% of over 250 industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow MPC in the coming trading sessions, be sure to utilize Zacks.com.

Zacks' 7 Best Strong Buy Stocks (New Research Report)

Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.

Click Here, It's Really Free

Published in