More about Marathon Petroleum Corporation
Regulatory Filings for Marathon Petroleum Corporation
Fundamentals for Marathon Petroleum Corporation
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Fundamentals for Marathon Petroleum Corporation
Business Operations:
Sector: EnergyIndustry: Oil & Gas Refining & Marketing
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States. The company operates through three segments: Refining & Marketing; Midstream; and Renewable Diesel. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products through transportation, storage, distribution, and marketing services. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures propane and petrochemicals. It sells refined products to wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets, as well as through long-term fuel supply contracts to direct dealer locations primarily under the ARCO brand. The Midstream segment gathers, transports, stores, distributes, and markets crude oil and refined products, including renewable diesel and other hydrocarbon-based products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and transports, fractionates, stores, and markets natural gas liquids. The Renewable Diesel segment processes renewable feedstocks into renewable diesel, markets, and distributes renewable diesel through its Midstream segment and third parties. It sells renewable diesel to wholesale marketing customers, buyers on the spot market, and through long-term supply contracts to direct dealers under the ARCO brand. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.
Revenue projections:
Marathon Petroleum Corporation's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.
Financial Ratios:
| currentRatio | 1.259000 |
|---|---|
| forwardPE | 11.979722 |
| debtToEquity | 142.647000 |
| earningsGrowth | 3.507000 |
| revenueGrowth | -0.012000 |
| grossMargins | 0.103080 |
| operatingMargins | 0.062870 |
| trailingEps | 13.210000 |
| forwardEps | 20.547220 |
MPC's current ratio of 1.259 highlights the company's ability to easily cover its short-term debt using its available cash and assets. This indicates a strong liquidity position, ensuring MPC is unlikely to face difficulties in meeting immediate financial obligations.
MPC's Forward PE is in an attractive range, meaning its stock price aligns well with earnings and isn't inflated. This creates room for growth, making it a solid investment opportunity for those looking to benefit from potential price appreciation.
MPC's elevated debt-to-equity ratio suggests the company is highly leveraged, meaning it has significant debt compared to equity. This can be risky, particularly if MPC's cash flow or profits decrease, making it harder to meet debt obligations.
MPC's forward EPS being higher than its trailing EPS signals anticipated growth in profitability for the current financial year. This suggests that MPC is on track to improve its earnings, outpacing the previous year's performance and reflecting positive market expectations.
Price projections:
Price projections for MPC have consistently been revised upward, indicating positive sentiment toward the company. This gradual adjustment reflects growing confidence in MPC's future potential and financial outlook among analysts.
Insider Transactions:
There were 5 transactions selling MPC stock, with prevailing market price of 198.53200073242186.2 transactions to buy MPC took place, with market price at 134.9199981689453 per share.The insider transaction data does not present a strong trend, leaving ambiguity about the company’s overall strategic or financial direction.
Recommendation changes over time:
Analysts have shown a buy bias for MPC, marking it as a favorable investment option. This could inspire investors to see MPC as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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