Scotiabank Analysts Increase Earnings Estimates for MPC

Marathon Petroleum Corporation (NYSE:MPC) – Equities researchers at Scotiabank upped their FY2026 earnings estimates for Marathon Petroleum in a report released on Wednesday, February 11th. Scotiabank analyst P. Cheng now expects that the oil and gas company will earn $13.60 per share for the year, up from their previous forecast of $9.65. Scotiabank has a “Outperform” rating and a $174.00 price objective on the stock. The consensus estimate for Marathon Petroleum’s current full-year earnings is $8.47 per share. Scotiabank also issued estimates for Marathon Petroleum’s FY2027 earnings at $19.90 EPS.

Other research analysts also recently issued reports about the stock. TD Cowen lifted their target price on shares of Marathon Petroleum from $183.00 to $198.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. BMO Capital Markets raised their price target on shares of Marathon Petroleum from $200.00 to $225.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. Citigroup upped their price objective on shares of Marathon Petroleum from $182.00 to $210.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Marathon Petroleum in a research note on Thursday, January 22nd. Finally, Zacks Research lowered Marathon Petroleum from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 20th. Ten research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $202.19.

Marathon Petroleum Price Performance

Shares of Marathon Petroleum stock opened at $203.33 on Monday. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.32 and a quick ratio of 0.79. Marathon Petroleum has a one year low of $115.10 and a one year high of $210.32. The business’s 50 day simple moving average is $178.84 and its two-hundred day simple moving average is $182.26. The stock has a market capitalization of $61.12 billion, a P/E ratio of 15.23, a price-to-earnings-growth ratio of 1.32 and a beta of 0.74.

Marathon Petroleum (NYSE:MPC) last released its earnings results on Tuesday, February 3rd. The oil and gas company reported $4.07 earnings per share for the quarter, beating analysts’ consensus estimates of $3.73 by $0.34. The company had revenue of $35.10 billion during the quarter, compared to analyst estimates of $30.89 billion. Marathon Petroleum had a return on equity of 14.00% and a net margin of 2.99%.Marathon Petroleum’s revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.77 EPS.

Institutional Trading of Marathon Petroleum

Hedge funds and other institutional investors have recently modified their holdings of the business. Delos Wealth Advisors LLC purchased a new position in Marathon Petroleum during the 2nd quarter valued at about $25,000. Navalign LLC purchased a new position in shares of Marathon Petroleum during the fourth quarter valued at approximately $30,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Marathon Petroleum in the 4th quarter worth approximately $31,000. KERR FINANCIAL PLANNING Corp bought a new position in Marathon Petroleum during the 3rd quarter valued at approximately $39,000. Finally, NewSquare Capital LLC raised its stake in Marathon Petroleum by 103.1% during the second quarter. NewSquare Capital LLC now owns 199 shares of the oil and gas company’s stock valued at $33,000 after buying an additional 101 shares during the last quarter. 76.77% of the stock is owned by hedge funds and other institutional investors.

Marathon Petroleum Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 18th will be issued a $1.00 dividend. The ex-dividend date is Wednesday, February 18th. This represents a $4.00 dividend on an annualized basis and a yield of 2.0%. Marathon Petroleum’s dividend payout ratio is 29.96%.

Marathon Petroleum Company Profile

Marathon Petroleum Corporation (NYSE: MPC) is a U.S.-based downstream energy company engaged principally in the refining, marketing, supply and transportation of petroleum products. The company was formed through a spin-off from Marathon Oil in 2011 and operates an integrated system of refining and logistics assets that support the production and distribution of transportation fuels and other refined petroleum products.

Marathon Petroleum’s operations include refining crude oil into gasoline, diesel, jet fuel, asphalt and other specialty products, as well as managing the distribution and storage infrastructure needed to move those products to market.