Marathon Petroleum Corporation (MPC) is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system. MPC's marketing system includes branded locations across the United States, including Marathon brand retail outlets. Speedway LLC, an MPC subsidiary, owns and operates retail convenience stores across the United States. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure.
Company profile
Ticker
MPC
Exchange
Website
CEO
Michael Hennigan
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Chevron • Exxon Mobil • Phillips 66 • Valero Energy • Hess • Conoco Phillips • HF Sinclair • PBF Energy • CVR Energy • Delek US ...
SEC CIK
Corporate docs
Subsidiaries
631 South Main Street Development LLC • Andeavor LLC • Andeavor Rio Holdings LLC • Andeavor Servicios de Mexico • BEH Holding LLC • Blanchard Holdings Company LLC • Blanchard Pipe Line Company LLC • Blanchard Refining Company LLC • Buckeye Assurance Corporation • Buffalo Terminal LLC ...
IRS number
271284632
MPC stock data
Analyst ratings and price targets
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
24 Mar 23
PX14A6N
Letter to shareholders
24 Mar 23
PX14A6G
Letter to shareholders
15 Mar 23
ARS
2022 FY
Annual report to shareholders
13 Mar 23
DEFA14A
Additional proxy soliciting materials
13 Mar 23
DEF 14A
Definitive proxy
13 Mar 23
PRE 14A
Preliminary proxy
1 Mar 23
10-K
2022 FY
Annual report
23 Feb 23
8-K
Marathon Petroleum Corp. Reports Fourth-Quarter and Full-Year 2022 Results
31 Jan 23
8-K
Departure of Directors or Certain Officers
30 Jan 23
Transcripts
MPC
Earnings call transcript
2022 Q4
31 Jan 23
MPC
Earnings call transcript
2022 Q3
1 Nov 22
MPC
Earnings call transcript
2022 Q2
2 Aug 22
MPC
Earnings call transcript
2022 Q1
3 May 22
MPC
Earnings call transcript
2021 Q4
2 Feb 22
MPC
Earnings call transcript
2021 Q3
2 Nov 21
MPC
Earnings call transcript
2021 Q2
5 Aug 21
MPC
Earnings call transcript
2021 Q1
4 May 21
MPC
Earnings call transcript
2020 Q4
2 Feb 21
MPC
Earnings call transcript
2020 Q3
2 Nov 20
Latest ownership filings
4
Michael J Hennigan
21 Mar 23
144/A
Notice of proposed sale of securities (amended)
9 Mar 23
4
Kim K.W. Rucker
6 Mar 23
4
Maryann T. Mannen
3 Mar 23
4
Shawn M Lyon
3 Mar 23
4
Michael J Hennigan
3 Mar 23
4
CARL KRISTOPHER HAGEDORN
3 Mar 23
4
Suzanne Gagle
3 Mar 23
4
Gregory Scott Floerke
3 Mar 23
4
Timothy J Aydt
3 Mar 23
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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| Revenue | |||||
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Institutional ownership, Q4 2022
87.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1316 |
| Opened positions | 196 |
| Closed positions | 111 |
| Increased positions | 395 |
| Reduced positions | 491 |
| 13F shares | Current |
|---|---|
| Total value | 40.74 tn |
| Total shares | 350.43 mm |
| Total puts | 7.93 mm |
| Total calls | 6.15 mm |
| Total put/call ratio | 1.3 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 43.89 mm | $5.11 tn |
| BLK Blackrock | 43.46 mm | $5.06 tn |
| STT State Street | 32.56 mm | $3.79 tn |
| Elliott Investment Management | 11.07 mm | $1.29 tn |
| Geode Capital Management | 8.43 mm | $982.28 bn |
| BK Bank Of New York Mellon | 8.25 mm | $960.54 bn |
| MS Morgan Stanley | 7.85 mm | $913.82 bn |
| Boston Partners | 6.88 mm | $802.97 bn |
| AMP Ameriprise Financial | 6.19 mm | $720.55 bn |
| Wellington Management | 5.81 mm | $675.87 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 17 Mar 23 | Michael J Hennigan | Common Stock | Payment of exercise | Dispose F | No | No | 124.31 | 38,591 | 4.80 mm | 216,029 |
| 2 Mar 23 | Kim K.W. Rucker | Common Stock | Sell | Dispose S | No | Yes | 130 | 6,000 | 780.00 k | 34,950.394 |
| 1 Mar 23 | Townes-Whitley Toni | Common Stock | Grant | Acquire A | No | No | 0 | 104.981 | 0.00 | 104.981 |
| 1 Mar 23 | Timothy J Aydt | Common Stock | Grant | Acquire A | No | No | 0 | 3,869 | 0.00 | 18,994.753 |
| 1 Mar 23 | Timothy J Aydt | Common Stock | Payment of exercise | Dispose F | No | No | 126.52 | 316 | 39.98 k | 15,125.753 |
| 1 Mar 23 | Timothy J Aydt | Common Stock | Payment of exercise | Dispose F | No | No | 126.52 | 382 | 48.33 k | 15,441.753 |
| 1 Mar 23 | Timothy J Aydt | Common Stock | Payment of exercise | Dispose F | No | No | 126.52 | 199 | 25.18 k | 15,823.753 |
News
Goldman Sachs Maintains Buy on Marathon Petroleum, Raises Price Target to $150
30 Mar 23
Goldman Sachs Upgrades Marathon Petroleum to Buy, Raises Price Target to $150
29 Mar 23
Benzinga's Top Ratings Upgrades, Downgrades For March 28, 2023
28 Mar 23
12 Analysts Have This to Say About Marathon Petroleum
28 Mar 23
JP Morgan Downgrades Marathon Petroleum to Neutral, Raises Price Target to $149
28 Mar 23
Press releases
Marathon Petroleum Corp. to Report First-Quarter Financial Results on May 2, 2023
9 Mar 23
Marathon Petroleum Corp. Announces Acquisition of a 49.9% Interest in Emerging RNG Producer
8 Mar 23
Thinking about trading options or stock in Spotify, Amazon, Advanced Micro Devices, Marathon Petroleum, or Apple?
31 Jan 23
MPLX LP Reports Fourth-Quarter and Full-Year 2022 Financial Results
31 Jan 23
Marathon Petroleum Corp. Reports Fourth-Quarter and Full-Year 2022 Results
31 Jan 23