Last $89.72 USD
Change Today +1.10 / 1.24%
Volume 1.6M
MPC On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

marathon petroleum corp (MPC) Snapshot

Open
$88.85
Previous Close
$88.62
Day High
$90.74
Day Low
$88.67
52 Week High
11/21/14 - $97.94
52 Week Low
10/16/14 - $74.64
Market Cap
25.1B
Average Volume 10 Days
3.0M
EPS TTM
$8.77
Shares Outstanding
280.2M
EX-Date
11/17/14
P/E TM
10.2x
Dividend
$2.00
Dividend Yield
2.05%
Current Stock Chart for MARATHON PETROLEUM CORP (MPC)

marathon petroleum corp (MPC) Details

Marathon Petroleum Corporation, together with its subsidiaries, is engaged in refining, transporting, and marketing petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Pipeline Transportation. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feedstocks to its refineries and other locations. 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 February 4, 2014, it owned, leased, and had ownership interests in approximately 8,300 miles of pipeline, as well as owned and operated 1,480 convenience stores in 9 states of the United States; and operated 5,200 independently owned retail outlets in the 18 states of the United States. The company is headquartered in Findlay, Ohio.

29,865 Employees
Last Reported Date: 02/28/14

marathon petroleum corp (MPC) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $1.5M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $631.3K
President of Speedway LLC
Total Annual Compensation: $543.8K
Senior Vice President of Refining
Total Annual Compensation: $537.5K
Compensation as of Fiscal Year 2013.

marathon petroleum corp (MPC) Key Developments

Marathon Petroleum Corporation(NYSE:MPC) dropped from S&P 500 Growth Index

Marathon Petroleum Corporation(NYSE:MPC) dropped from S&P 500 Growth Index

Citgo Reportedly Valued At More Than $10 Billion In Revised Bids

CITGO Petroleum Corporation has received revised bids from at least four bidders, some which have valued the company at more than $10 billion, according to three people familiar with the matter. The companies that made bids in December include HollyFrontier Corporation (NYSE:HFC), Valero Energy Corporation (NYSE:VLO), Marathon Petroleum Corporation (NYSE:MPC) and a consortium of TPG Capital, L.P. and Riverstone Holdings LLC, the people familiar with the matter said. Lazard Ltd (LAZ.N), the investment bank hired by Venezuela's state-run Petróleos de Venezuela S.A. to explore a sale of Citgo, has not told bidders if there will be an additional round of bids, the people familiar with the matter said.

Potential Buyers Reportedly Check Refineries Of CITGO Petroleum

Potential buyers from at least six leading oil companies have visited refinery in Illinois of CITGO Petroleum Corporation and three firms have shown keen interest in its Texas plant, reported Reuters citing four sources familiar with efforts to sell the assets. It is unclear if CITGO's owner, Petróleos de Venezuela S.A., will go ahead with a sale of its U.S. refining and marketing unit. Both Venezuela's president and finance minister have said in the past month that Citgo's assets would not be sold. But Lazard Ltd, the investment bank hired by CITGO to carry out the sale, is still marketing the refinery, three people told Reuters. The sources familiar with the sale efforts said that visits to the Illinois refinery have been made as recently as this week. Sources told Reuters that teams from the following companies have carried out detailed inspections of the Illinois refinery: Reliance Industries Limited (BSE:500325), PBF Energy Inc. (NYSE:PBF), UTesoro Corporation (NYSE:TSO), Marathon Petroleum Corporation (NYSE:MPC), Valero Energy Corporation (NYSE:VLO) and Phillips 66 (NYSE:PSX). Sources said that Representatives from Phillips 66 visited the Lemont refinery this week. One of the source said, "I don't care what they are saying in Venezuela, potential buyers are still coming in." Gary Heminger, President of Chief Executive Officer of Marathon Petroleum in an interview with Reuters, declined to discuss the CITGO sale, but said the company would carefully weigh refineries on the auction block. Heminger said, "We will always study and do our homework and due diligence on assets that are available." The sources said that the three companies showing the deepest interest in the Corpus Christi refinery are Valero, Flint Hills Resources, LLC and Chevron Corporation (NYSE:CVX). The sources said that Chevron, which was examining reliability records at the Corpus Christi refinery last month, could add a crude distillation unit at Citgo's west plant to run sweet crude from the Eagle Ford oil fields in south Texas while the existing CDU continues to run sour crude oil like that produced by Venezuela. A CITGO spokesman did not respond to Reuters when asked about visits to the refineries made by potential buyers. Marathon, Phillips 66, Tesoro and Valero representatives declined to discuss their companies' possible interest in Citgo's assets. PBF and Reliance did not reply to requests for comment. A Chevron spokesman declined to discuss merger and acquisition activity.

 

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MPC Competitors

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Company Last Change
Husky Energy Inc C$27.26 CAD -0.25
Imperial Oil Ltd C$51.19 CAD -0.37
Phillips 66 $72.65 USD +0.55
Tesoro Corp $75.27 USD +0.67
Valero Energy Corp $50.29 USD +0.50
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Industry Analysis

MPC

Industry Average

Valuation MPC Industry Range
Price/Earnings 11.2x
Price/Sales 0.3x
Price/Book 2.3x
Price/Cash Flow 6.9x
TEV/Sales 0.2x
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