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Marathon Petroleum (MPC) Stock Declines While Market Improves: Some Information for Investors

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Marathon Petroleum (MPC - Free Report) ended the recent trading session at $476.26, demonstrating a -1.79% change from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.33%. Elsewhere, the Dow saw an upswing of 1.08%, while the tech-heavy Nasdaq appreciated by 0.08%.

The refiner's shares have seen an increase of 17.15% over the last month, surpassing the Oils-Energy sector's gain of 5.67% and the S&P 500's gain of 1.41%.

The investment community will be paying close attention to the earnings performance of Marathon Petroleum in its upcoming release. The company is slated to reveal its earnings on November 3, 2026. It is anticipated that the company will report an EPS of $25.13, marking a 734.88% rise compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $33.56 billion, down 6.38% from the prior-year quarter.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $62.78 per share and revenue of $155.33 billion, indicating changes of +486.73% and +14.87%, respectively, compared to the previous year.

Investors should also pay attention to any latest changes in analyst estimates for Marathon Petroleum. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 6.13% rise in the Zacks Consensus EPS estimate. Marathon Petroleum presently features a Zacks Rank of #1 (Strong Buy).

With respect to valuation, Marathon Petroleum is currently being traded at a Forward P/E ratio of 7.72. This valuation marks a discount compared to its industry average Forward P/E of 8.76.

Also, we should mention that MPC has a PEG ratio of 0.14. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Oil and Gas - Refining and Marketing industry had an average PEG ratio of 0.29 as trading concluded yesterday.

The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 4, positioning it in the top 2% of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

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