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Marathon Petroleum (MPC) Stock Falls Amid Market Uptick: What Investors Need to Know

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In the latest close session, Marathon Petroleum (MPC - Free Report) was down 7.36% at $435.98. This change lagged the S&P 500's daily gain of 0.6%. At the same time, the Dow added 0.03%, and the tech-heavy Nasdaq gained 1.18%.

The refiner's shares have seen an increase of 20.85% over the last month, surpassing the Oils-Energy sector's gain of 7.33% and the S&P 500's loss of 0.79%.

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. The company's earnings per share (EPS) are projected to be $25.74, reflecting a 755.15% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $33.56 billion, reflecting a 6.38% fall from the equivalent quarter last year.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $64.12 per share and a revenue of $155.33 billion, indicating changes of +499.25% and +14.87%, respectively, from the former year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Marathon Petroleum. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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, 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. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 8.39% increase. Marathon Petroleum presently features a Zacks Rank of #1 (Strong Buy).

From a valuation perspective, Marathon Petroleum is currently exchanging hands at a Forward P/E ratio of 7.34. This expresses a discount compared to the average Forward P/E of 8 of its industry.

Investors should also note that MPC has a PEG ratio of 0.12 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Oil and Gas - Refining and Marketing stocks are, on average, holding a PEG ratio of 0.2 based on yesterday's closing prices.

The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 6, finds itself in the top 3% echelons 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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