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Marathon Petroleum (MPC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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Marathon Petroleum (MPC - Free Report) ended the recent trading session at $244.61, demonstrating a -2.34% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 1.22%. Meanwhile, the Dow experienced a drop of 0.98%, and the technology-dominated Nasdaq saw a decrease of 1.35%.
Coming into today, shares of the refiner had lost 4.77% in the past month. In that same time, the Oils-Energy sector lost 6.85%, while the S&P 500 gained 1.56%.
The upcoming earnings release of Marathon Petroleum will be of great interest to investors. The company's earnings report is expected on August 4, 2026. The company's earnings per share (EPS) are projected to be $14.25, reflecting a 259.85% increase from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $34.87 billion, indicating a 2.24% upward movement from the same quarter last year.
MPC's full-year Zacks Consensus Estimates are calling for earnings of $31.95 per share and revenue of $143.04 billion. These results would represent year-over-year changes of +198.6% and +5.78%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Marathon Petroleum. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 7.66% rise in the Zacks Consensus EPS estimate. Marathon Petroleum presently features a Zacks Rank of #1 (Strong Buy).
In terms of valuation, Marathon Petroleum is currently trading at a Forward P/E ratio of 7.84. This signifies a discount in comparison to the average Forward P/E of 8.7 for its industry.
Also, we should mention that MPC has a PEG ratio of 0.38. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Oil and Gas - Refining and Marketing industry had an average PEG ratio of 0.35 as trading concluded yesterday.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 20, which puts it in the top 9% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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Marathon Petroleum (MPC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Marathon Petroleum (MPC - Free Report) ended the recent trading session at $244.61, demonstrating a -2.34% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 1.22%. Meanwhile, the Dow experienced a drop of 0.98%, and the technology-dominated Nasdaq saw a decrease of 1.35%.
Coming into today, shares of the refiner had lost 4.77% in the past month. In that same time, the Oils-Energy sector lost 6.85%, while the S&P 500 gained 1.56%.
The upcoming earnings release of Marathon Petroleum will be of great interest to investors. The company's earnings report is expected on August 4, 2026. The company's earnings per share (EPS) are projected to be $14.25, reflecting a 259.85% increase from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $34.87 billion, indicating a 2.24% upward movement from the same quarter last year.
MPC's full-year Zacks Consensus Estimates are calling for earnings of $31.95 per share and revenue of $143.04 billion. These results would represent year-over-year changes of +198.6% and +5.78%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Marathon Petroleum. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 7.66% rise in the Zacks Consensus EPS estimate. Marathon Petroleum presently features a Zacks Rank of #1 (Strong Buy).
In terms of valuation, Marathon Petroleum is currently trading at a Forward P/E ratio of 7.84. This signifies a discount in comparison to the average Forward P/E of 8.7 for its industry.
Also, we should mention that MPC has a PEG ratio of 0.38. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Oil and Gas - Refining and Marketing industry had an average PEG ratio of 0.35 as trading concluded yesterday.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 20, which puts it in the top 9% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.