MPC Stock Summary and Trading Ideas (Marathon Petroleum | NYSE:MPC)

Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 3.0 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility has the ability to produce 730 million gallons a year of renewable diesel. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.

Marathon Petroleum trades on the NYSE stock market under the symbol MPC.

As of March 3, 2025, MPC stock price declined to $145.82 with 2,528,279 million shares trading.

MPC has a beta of 0.84, meaning it tends to be less sensitive to market movements. MPC has a correlation of 0.14 to the broad based SPY ETF.

MPC has a market cap of $45.58 billion. This is considered a Large Cap stock.

Last quarter Marathon Petroleum reported $33 billion in Revenue and $.77 earnings per share. This beat revenue expectation by $2 billion and exceeded earnings estimates by $.75.

In the last 3 years, MPC traded as high as $221.11 and as low as $73.18.

The top ETF exchange traded funds that MPC belongs to (by Net Assets): VTI, VOO, XLE, SPY, IVV.

MPC has underperformed the market in the last year with a price return of -10.7% while the SPY ETF gained +16.7%. MPC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -5.6% and -6.0%, respectively, while the SPY returned -2.2% and -4.3%, respectively.

MPC support price is $146.75 and resistance is $153.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MPC shares will trade within this expected range on the day.