Marathon Petroleum Corp

Marathon Petroleum Corp

MPC

Market Cap$49.31B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Marathon Petroleum CorpMarathon Petroleum Corp12.92.17%15%0.4-

Earnings Call Q4 2024

February 4, 2025 - AI Summary

Strong Financial Performance: Marathon Petroleum (MPC) reported adjusted earnings per share of $0.77 for Q4 and $9.51 for the full year 2024, with adjusted EBITDA reaching $2.1 billion for the quarter and $11.3 billion for the year. The refining and marketing segment achieved an EBITDA per barrel of $5.33 for the year, showcasing robust profitability despite typical seasonal weaknesses in Q4 margins.
Record Demand Outlook: The company anticipates continued growth in refined product demand in 2025, expecting it to surpass previous records, particularly for gasoline, diesel, and jet fuel. This is backed by a macro environment that favors U.S. refining due to comparatively lower-cost energy sources, with expectations that U.S. refining fundamentals will improve as demand outstrips new capacity additions.
MPLX Contributions and Capital Returns: MPC's midstream segment, primarily represented by MPLX, boosted adjusted EBITDA by 6% year-over-year, with MPLX increasing its quarterly distribution by 12.5% to MPC, amounting to an annualized $2.5 billion. This stable cash flow allows MPC to cover its dividends and capital expenditures comfortably while enabling $10.2 billion in capital returns, highlighting a 23% return yield for shareholders.

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$174.00

Target Price by Analysts

9.4% upsideMarathon Petroleum Target Price DetailsTarget Price
$364.74

Current Fair Value

129.3% upside

Undervalued by 129.3% based on the discounted cash flow analysis.

Share Statistics

Market cap$49.31 Billion
Enterprise Value$49.31 Billion
Dividend Yield$3.385 (2.16903754966039%)
Earnings per Share$10.13
Beta1.37
Outstanding Shares320,000,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio12.94
PEG-28.19
Price to Sales0.37
Price to Book Ratio1.99
Enterprise Value to Revenue0.35
Enterprise Value to EBIT8.73
Enterprise Value to Net Income12
Total Debt to Enterprise0
Debt to Equity0

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Marathon Petroleum Corp

CEO: Michael Hennigan