marathon petroleum corp
(MPC:New York Consolidated)
marathon petroleum corp (MPC) Snapshot
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Open
$84.54
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Previous Close
$84.60
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Day High
$84.54
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Day Low
$81.87
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52 Week High
03/25/13 - $92.73
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52 Week Low
06/4/12 - $33.66
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Market Cap
26.9B
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Average Volume 10 Days
3.4M
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EPS TTM
$9.93
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Shares Outstanding
324.8M
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EX-Date
05/14/13
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P/E TM
8.3x
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Dividend
$1.40
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Dividend Yield
1.69%
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marathon petroleum corp (MPC) Latest News
marathon petroleum corp (MPC) Related Businessweek News
marathon petroleum corp (MPC) Details
Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, transporting, and marketing petroleum products primarily in the United States. It operates through Refining & Marketing, Speedway, and Pipeline Transportation segments. The company owns and operates seven refineries in the Gulf Coast and Midwest regions of the United States, which refine crude oil and other feedstocks; and distribute refined products through barges, terminals, and trucks, as well as purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feedstocks and special products, heavy fuel oil, and asphalt. The company also transports crude oil and other feedstocks to its refineries and other locations; and sells transportation fuels and convenience products in the retail market through Speedway convenience stores. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded jobbers, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2012, it owned, leased, and had ownership interests in approximately 8,200 miles of crude oil and refined product pipelines; and operated approximately 4,964 Marathon branded retail outlets and 1,464 convenience stores in the United States. The company is headquartered in Findlay, Ohio. Marathon Petroleum Corporation operates independently of Marathon Oil Corporation as of July 1, 2011.
Last Reported Date: 02/28/13
marathon petroleum corp (MPC) Top Compensated Officers
marathon petroleum corp (MPC) Key Developments
Marathon Petroleum Corporation Presents at Morgan Stanley Fourth Annual Refining Corporate Access Day, May-16-2013 . Venue: New York, United States.
Marathon Petroleum Corporation announced that its Annual Meeting of Shareholders held on April 24, 2013, the shareholders approved an amendment to the corporation’s Restated Certificate of Incorporation to eliminate, over a three year period beginning at the 2015 annual meeting of shareholders, the classified structure of the board of directors and provide for the annual election of all directors beginning at the 2017 annual meeting of shareholders did not receive the required affirmative vote of 80% of the corporation’s outstanding shares and thus the classified board will remain in effect.
Marathon Petroleum Corporation announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. The company reported first-quarter earnings attributable to company of $725 million or $2.17 per diluted share compared with $596 million or $1.70 per diluted share in the first quarter of 2012. Total income from operations was $1.16 billion in the first quarter of 2013, compared with $956 million in the first quarter of 2012. Sales and other operating revenues (including consumer excise taxes) were $23,328 million against $20,264 million reported last year. Total revenues and other income were $23,345 million against $20,275 million reported last year. Income before income taxes was $1,108 million against $934 million reported last year. Total segment EBITDA was $1,504 million against $1,259 million reported last year. Cash provided from operations was $2,079 million against $2,043 million reported last year.
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Industry Analysis
MPC
Industry Average
| Valuation | MPC | Industry Range |
| Price/Earnings | 8.1x |
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| Price/Sales | 0.4x |
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| Price/Book | 2.3x |
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| Price/Cash Flow | 6.0x |
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| TEV/Sales | 0.2x |
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To contact MARATHON PETROLEUM CORP, please visit www.marathonpetroleum.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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