Marathon Petroleum Corporation with ticker code (MPC) have now 15 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 165 and 139 and has a mean target at $152.87. Given that the stocks previous close was at $130.22 this indicates there is a potential upside of 17.4%. The day 50 moving average is $127.06 and the 200 day moving average is $111.16. The market capitalization for the company is $57,623m. You can visit the company’s website by visiting: https://www.marathonpetroleum.com
The potential market cap would be $67,646m based on the market consensus.
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. It operates in two segments, Refining & Marketing, and Midstream. 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, including renewable diesel, 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, petrochemicals, and natural gas liquids. 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 transports, stores, distributes, and markets crude oil and refined products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and gathers, transports, fractionates, stores, and markets natural gas liquids. The company was founded in 1887 and is headquartered in Findlay, Ohio.
The company has a dividend yield of 2.3% with the ex dividend date set at 15-2-2023 (DMY).
Other points of data to note are a P/E ratio of 4.66, revenue per share of 348.12 and a 14.09% return on assets.
