We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Marathon Petroleum (MPC) Dips More Than Broader Market: What You Should Know
Read MoreHide Full Article
In the latest trading session, Marathon Petroleum (MPC - Free Report) closed at $387.71, marking a -1.48% move from the previous day. This change lagged the S&P 500's daily loss of 0.77%. Elsewhere, the Dow saw a downswing of 0.67%, while the tech-heavy Nasdaq depreciated by 0.92%.
The refiner's stock has climbed by 6.69% in the past month, exceeding the Oils-Energy sector's gain of 1.13% and the S&P 500's gain of 0.96%.
The upcoming earnings release of Marathon Petroleum will be of great interest to investors. The company's earnings report is expected on November 3, 2026. The company is forecasted to report an EPS of $23.15, showcasing a 669.1% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $32.84 billion, indicating a 8.39% decrease compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $59.15 per share and revenue of $154.8 billion, indicating changes of +452.8% and +14.48%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Marathon Petroleum should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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 last 30 days, the Zacks Consensus EPS estimate has witnessed a 26.78% increase. Marathon Petroleum is holding a Zacks Rank of #1 (Strong Buy) right now.
Valuation is also important, so investors should note that Marathon Petroleum has a Forward P/E ratio of 6.65 right now. This indicates a discount in contrast to its industry's Forward P/E of 9.04.
Also, we should mention that MPC has a PEG ratio of 0.12. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. MPC's industry had an average PEG ratio of 0.26 as of yesterday's close.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 9, this industry ranks in the top 4% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within 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 follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
Image: Bigstock
Marathon Petroleum (MPC) Dips More Than Broader Market: What You Should Know
In the latest trading session, Marathon Petroleum (MPC - Free Report) closed at $387.71, marking a -1.48% move from the previous day. This change lagged the S&P 500's daily loss of 0.77%. Elsewhere, the Dow saw a downswing of 0.67%, while the tech-heavy Nasdaq depreciated by 0.92%.
The refiner's stock has climbed by 6.69% in the past month, exceeding the Oils-Energy sector's gain of 1.13% and the S&P 500's gain of 0.96%.
The upcoming earnings release of Marathon Petroleum will be of great interest to investors. The company's earnings report is expected on November 3, 2026. The company is forecasted to report an EPS of $23.15, showcasing a 669.1% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $32.84 billion, indicating a 8.39% decrease compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $59.15 per share and revenue of $154.8 billion, indicating changes of +452.8% and +14.48%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Marathon Petroleum should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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 last 30 days, the Zacks Consensus EPS estimate has witnessed a 26.78% increase. Marathon Petroleum is holding a Zacks Rank of #1 (Strong Buy) right now.
Valuation is also important, so investors should note that Marathon Petroleum has a Forward P/E ratio of 6.65 right now. This indicates a discount in contrast to its industry's Forward P/E of 9.04.
Also, we should mention that MPC has a PEG ratio of 0.12. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. MPC's industry had an average PEG ratio of 0.26 as of yesterday's close.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 9, this industry ranks in the top 4% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within 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 follow all of these stock-moving metrics, and many more, on Zacks.com.