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Marathon Petroleum (MPC) Outpaces Stock Market Gains: What You Should Know

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In the latest close session, Marathon Petroleum (MPC - Free Report) was up +2.2% at $303.40. This change outpaced the S&P 500's 0.38% gain on the day. Meanwhile, the Dow gained 0.02%, and the Nasdaq, a tech-heavy index, added 0.9%.

The refiner's stock has climbed by 18.34% in the past month, exceeding the Oils-Energy sector's loss of 1.55% and the S&P 500's gain of 1.27%.

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 August 4, 2026. On that day, Marathon Petroleum is projected to report earnings of $13.26 per share, which would represent year-over-year growth of 234.85%. Simultaneously, our latest consensus estimate expects the revenue to be $34.83 billion, showing a 2.14% escalation compared to the year-ago quarter.

For the full year, the Zacks Consensus Estimates are projecting earnings of $33 per share and revenue of $144.77 billion, which would represent changes of +208.41% and +7.06%, respectively, from the prior year.

Investors might also notice recent changes to analyst estimates for Marathon Petroleum. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.59% higher. Marathon Petroleum presently features a Zacks Rank of #3 (Hold).

In terms of valuation, Marathon Petroleum is currently trading at a Forward P/E ratio of 9. This valuation marks a discount compared to its industry average Forward P/E of 9.53.

Investors should also note that MPC has a PEG ratio of 0.43 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Oil and Gas - Refining and Marketing was holding an average PEG ratio of 0.37 at yesterday's closing price.

The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 45, positioning it in the top 19% of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

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