Marathon Petroleum, represented by the stock symbol MPC, has a history of reporting its earnings. Tracking the earnings history of Marathon Petroleum can provide valuable insights for investors.
- Marathon Petroleum, with the stock symbol MPC, regularly reports its earnings.
- Tracking the earnings history of Marathon Petroleum can provide valuable insights for investors.
- Earnings reports help investors analyze and assess the financial performance of the company.
- Marathon Petroleum’s earning history can assist in evaluating the company’s stability and growth potential.
- Stay updated with Marathon Petroleum’s earnings announcements to make informed investment decisions.
Marathon Petroleum Stock Symbol and Market Information
Marathon Petroleum, a leading player in the oil and gas industry, is listed on the New York Stock Exchange under the stock symbol MPC. As of the latest market data, the current price of Marathon Petroleum stock is $166.33 USD. The stock has shown steady trading activity with a volume of 2,300,593 shares.
Marathon Petroleum Market Information
|Trading Volume (shares)
Investors can easily track the performance of Marathon Petroleum stock using the provided stock symbol. The current market price reflects the value of each share, while the trading volume indicates the level of investor interest and liquidity in the market. It’s essential for investors to stay updated on market fluctuations to make informed decisions.
Zacks Rank and Style Scores for Marathon Petroleum
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Marathon Petroleum, represented by the stock symbol MPC, is assigned a Zacks Rank of 3, indicating a hold rating. The Zacks Rank is a renowned system designed to predict the future performance of stocks based on earnings estimates and other factors.
In addition to the Zacks Rank, Marathon Petroleum also receives impressive Style Scores. These scores analyze stocks based on different trading styles to provide investors with a comprehensive assessment of the company’s potential.
The Value Score, Growth Score, Momentum Score, and VGM Score for Marathon Petroleum are all rated A. These scores indicate that the stock possesses strong potential across various trading styles, making it an attractive choice for investors looking for stable growth or potential value.
Investors should take into account both the Zacks Rank and the Style Scores when evaluating Marathon Petroleum as an investment opportunity. A thorough analysis of these factors can provide valuable insights for making informed decisions.
Marathon Petroleum Industry Rank
Marathon Petroleum, one of the leaders in the oil and gas – refining and marketing industry, holds a prominent industry rank that places it in the top 22% out of 251 industries. This high industry ranking reflects Marathon Petroleum’s strong position and performance within the oil and gas sector.
With its strategic focus on refining and marketing, Marathon Petroleum has established itself as a key player in the industry. The company’s dedication to operational excellence and commitment to providing quality products and services has contributed to its industry success.
Marathon Petroleum’s industry rank showcases its resilience and ability to navigate the challenges and opportunities within the oil and gas sector. As a top-ranked company, Marathon Petroleum continues to drive innovation and sustainability in the industry.
By consistently delivering value to its customers and shareholders, Marathon Petroleum solidifies its position as an industry leader. Its industry rank not only highlights its current success but also indicates the potential for future growth and prosperity.
Marathon Petroleum in the Oil and Gas Industry
Marathon Petroleum’s strong industry rank showcases its competitive advantage in the oil and gas sector. As a leading player in the refining and marketing industry, Marathon Petroleum has a significant impact on fuel supply and distribution.
The company’s comprehensive portfolio enables it to efficiently process crude oil into refined products that meet the needs of consumers and businesses. Marathon Petroleum’s extensive network of refineries, pipelines, and terminals ensures the reliable and timely delivery of fuel and other petroleum products across the United States.
Marathon Petroleum’s industry rank reflects its ability to adapt to changing market conditions, technological advancements, and regulatory requirements. The company’s strategic investments in refining capacity, logistics infrastructure, and product diversification position it for continued success in the dynamic oil and gas industry.
|Oil and Gas – Refining and Marketing
|Top 22% out of 251 industries
Marathon Petroleum Expected Earnings Data
The next earnings release date for Marathon Petroleum is estimated to be on May 7, 2024. The Zacks Consensus Estimate for the earnings per share for that period is $2.13.
Investors and analysts eagerly await the release of Marathon Petroleum’s earnings report to assess the company’s financial performance and make informed investment decisions. The upcoming earnings announcement will provide valuable insights into the company’s revenue, net income, and other key financial metrics.
Analysts’ expectations, as represented by the Zacks Consensus Estimate, play a significant role in evaluating a company’s performance. The Zacks Consensus Estimate reflects the average forecast of analysts covering Marathon Petroleum, providing a benchmark for comparing actual earnings results.
Investors should closely monitor the actual earnings report to determine whether Marathon Petroleum met, exceeded, or fell short of analysts’ expectations. This information can help identify any potential surprises and assess the company’s ability to meet market forecasts.
To stay updated on Marathon Petroleum’s earnings release and to gain insights from the Zacks Consensus Estimate, mark your calendars for May 7, 2024.
Marathon Petroleum Earnings Summary
In the last quarter, Marathon Petroleum reported earnings of $3.98 per share, surpassing the Zacks Consensus Estimate of $2.36 per share. This positive earnings surprise of 68.64% highlights the strong financial performance of the company. However, the upcoming earnings release is projected to reflect a year-over-year decrease of 65.02%, indicating potential challenges faced by Marathon Petroleum during this period.
|Earnings per Share (EPS)
|Zacks Consensus Estimate
Despite the anticipated decrease in earnings, Marathon Petroleum continues to exhibit resilience and remains a key player in the industry. The company’s ability to navigate market challenges and deliver positive earnings surprises in the past highlights its strategic management and adaptability. As investors await the next earnings release, it will be crucial to closely monitor the factors impacting Marathon Petroleum’s performance and analyze the company’s financial statements for valuable insights.
Zacks Equity Research Reports on Marathon Petroleum
Zacks Equity Research provides valuable insights and analysis on Marathon Petroleum. Their in-depth research reports offer key statistics, analysis of earnings and sales, as well as comparisons to industry peers. Accessing these reports can help investors gain a comprehensive understanding of the company’s financial performance.
Investors can rely on Zacks Equity Research’s expertise to make informed decisions regarding Marathon Petroleum. These reports offer a wealth of information, including detailed analysis and projections, helping investors stay ahead of the curve and navigate the complexities of the stock market.
Marathon Petroleum Earnings Announcements and Sales Data
Tracking Marathon Petroleum’s earnings announcements and sales data is crucial for gaining insights into the financial performance of the company. The table below showcases the earnings and sales data for previous quarters, including estimates and actual results.
|Earnings Per Share (EPS) Estimate
|Actual Earnings Per Share (EPS)
|Sales Estimate ($)
|Actual Sales ($)
These figures provide valuable insights into Marathon Petroleum’s financial performance, enabling investors to make informed decisions.
Marathon Petroleum Earnings Date and Information
Marathon Petroleum has not yet confirmed the exact date for its next earnings publication. However, based on previous report dates, the estimated earnings date is May 7th, 2024. Investors can stay updated with the latest information by monitoring Marathon Petroleum’s investor relations website or reliable financial news sources.
One key resource for investors is the Marathon Petroleum earnings conference call. This call provides an opportunity to hear directly from the company’s management team about the financial results, strategic initiatives, and outlook for the future. Investors can gain valuable insights by listening to the conference call and understanding the management’s perspective.
In addition to the conference call, investors can access the Marathon Petroleum earnings call transcript. The transcript provides a written record of the conference call, allowing investors to review and analyze the information shared. It can be a useful reference for those who prefer to read or want to delve deeper into specific details discussed during the call.
By leveraging the earnings conference call and transcript, investors can make informed decisions based on a comprehensive understanding of Marathon Petroleum’s financial performance and future prospects.
Marathon Petroleum Financial Performance
Marathon Petroleum has achieved impressive financial performance, bolstered by its robust revenue and net income figures. The company has recorded annual revenue of $150.31 billion and a net income of $14.52 billion. These numbers highlight Marathon Petroleum’s strong market presence and successful operations within the oil and gas industry.
To further assess the company’s financial health, it is essential to consider the price-to-earnings (P/E) ratio. Marathon Petroleum currently has a trailing P/E ratio of 7.07, indicating that the stock is undervalued relative to its earnings. Looking ahead, the forward P/E ratio, which is based on projected earnings, stands at 11.49. This forward P/E ratio suggests that investors anticipate future growth in Marathon Petroleum’s earnings.
Overall, Marathon Petroleum’s financial performance positions the company as a strong player in the industry, delivering substantial revenue and net income figures. With its attractive P/E ratios, Marathon Petroleum offers potential opportunities for investors seeking a stable and profitable investment.
Key Financial Figures at a Glance
|Trailing P/E Ratio
|Forward P/E Ratio
Earnings Resources for Marathon Petroleum Investors
As an investor interested in Marathon Petroleum’s earnings, you have access to a range of resources that can help you stay informed and make informed decisions. These resources include valuable tools for analyzing earnings growth, accessing ratings and analysis, and staying updated with the latest news and announcements.
One such resource is the Marathon Petroleum earnings growth analyzer, which allows you to track the company’s earnings performance over time. This tool provides visual representations of earnings data, enabling you to identify trends and patterns that can inform your investment strategy.
In addition, you can leverage the Marathon Petroleum ratings and analysis platform, where you can find in-depth reports and evaluations of the company’s financial performance. These reports provide valuable insights from industry experts, helping you gain a deeper understanding of Marathon Petroleum’s position in the market and its potential for growth.
To stay updated with the latest news and announcements regarding Marathon Petroleum’s earnings, you can rely on the Marathon Petroleum earnings news portal. Here, you will find timely articles and press releases that highlight key developments, such as earnings releases, conference calls, and other important events.
When does Marathon Petroleum report its earnings?
Marathon Petroleum typically releases its earnings reports on specified dates throughout the year. The next earnings release date for Marathon Petroleum is estimated to be on May 7, 2024. However, please note that the company has not yet confirmed the exact date for its next earnings publication. Investors can listen to the earnings conference call and read the transcript for more information.
What is the stock symbol for Marathon Petroleum?
The stock symbol for Marathon Petroleum is MPC. The company is listed on the New York Stock Exchange.
What are the Zacks Rank and Style Scores for Marathon Petroleum?
Marathon Petroleum has a Zacks Rank of 3, indicating a hold rating. The Zacks Style Scores for Marathon Petroleum are as follows: Value Score – A, Growth Score – A, Momentum Score – A, VGM Score – A. These scores are based on the trading styles of Value, Growth, and Momentum.
What is the industry rank of Marathon Petroleum?
Marathon Petroleum belongs to the oil and gas – refining and marketing industry. The industry rank of Marathon Petroleum is in the top 22% out of 251 industries.
What is the Zacks Consensus Estimate for Marathon Petroleum’s earnings?
The Zacks Consensus Estimate for Marathon Petroleum’s earnings per share for the next reporting period is $2.13.
How did Marathon Petroleum perform in the last quarter?
In the last quarter, Marathon Petroleum reported earnings of $3.98 per share, surpassing the Zacks Consensus Estimate of $2.36 per share. The positive earnings surprise was 68.64%. However, please note that the next earnings release is expected to reflect a year-over-year decrease of 65.02%.
Where can I find research reports on Marathon Petroleum?
Zacks Equity Research provides in-depth analysis and research reports on Marathon Petroleum. These reports include key statistics, analysis of earnings and sales, and comparisons to industry peers.
How can Marathon Petroleum’s earnings announcements and sales data be useful?
Marathon Petroleum’s earnings announcements and sales data provide valuable insights into the financial performance of the company. By tracking these metrics, investors can gain a better understanding of the company’s profitability and growth prospects.
What is the estimated date for Marathon Petroleum’s next earnings release?
Based on previous report dates, the estimated earnings date for Marathon Petroleum is May 7th, 2024. However, please note that the company has not yet confirmed the exact date for its next earnings publication.
What is Marathon Petroleum’s financial performance?
Marathon Petroleum has recorded annual revenue of $150.31 billion and a net income of $14.52 billion. The company has a trailing price-to-earnings ratio of 7.07 and a forward price-to-earnings ratio of 11.49.
Where can I find earnings resources for Marathon Petroleum investors?
Investors looking for more information on Marathon Petroleum’s earnings can explore various resources. These include tools for analyzing earnings growth, accessing ratings and analysis, and staying updated with the latest news and announcements.
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