Marathon Petroleum Corporation (MPC)

Over the past six months, Marathon Petroleum's stock price has experienced fluctuations. As of January 6, 2026, the share price was $170.42, an increase of 20.30% from January 7, 2025, when it was $141.66. The stock's 52-week high was $202.29 on November 14, 2025, and its 52-week low was $115.10 on April 7, 2025. On November 4, 2025, MPC's stock fell by 5.1% after reporting weaker-than-expected Q3 adjusted earnings, primarily due to elevated maintenance costs. On December 18, 2025, Maria A. Khoury was named as Chief Financial Officer. On November 4, 2025, Maryann T. Mannen was elected as Chairman of the Board. On January 5, 2026, the company announced it would report fourth-quarter and full-year financial results on February 3, 2026. On January 12, 2026, the capture and extradition of Venezuela's Nicolas Maduro sparked seismic activity in the oil market, potentially creating a more competitive market for feedstocks for Marathon, and MPC's stock moved up nearly 2% in the trailing five sessions.

Demand for Marathon Petroleum's products and services is subject to seasonality, particularly for refined fuels. Colder temperatures in the Northern Hemisphere often lead to lower demand for certain energy products. The seasonal returns chart for MPC stock highlights recurring trends in asset performance over specific months. Increased demand for natural gas is anticipated due to continued coal-to-natural gas switching and the production of blue hydrogen. Demand for renewable diesel as a replacement for fossil diesel is also expected to continue. Increased demand for Natural Gas Liquids (NGLs) as petrochemical feedstock or cleaner cooking fuel in developing nations could strengthen demand for NGLs processed by MPC's facilities.

Marathon Petroleum Corp. (MPC) is a leading integrated downstream energy company based in Findlay, Ohio, operating one of the largest refining systems in the U.S. with a crude oil refining capacity of approximately 3 million barrels per calendar day across 13 refineries. MPC operates within the Energy and Utilities sector, specifically in the petroleum industry, focusing on downstream operations. MPC's primary products include gasoline, distillates, renewable diesel, and petrochemicals, as well as jet fuel, asphalt, natural gas liquids (NGLs), and various specialty industrial products. The company is also the largest producer of asphalt in the U.S.

Marathon Petroleum's operations are primarily concentrated in the Gulf Coast, Mid-Continent, and West Coast regions of the U.S. The company maintains a substantial retail presence across the United States and Northern Mexico, marketing its products under the Marathon® and ARCO® brands. Its refining facilities are located in key areas such as Texas City, Texas, and Garyville, Louisiana, with additional locations including Denver, CO. Through its master limited partnership, MPLX LP, MPC also owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure across the U.S.

Marathon Petroleum has maintained a positive brand reputation over the past year, particularly in areas of corporate responsibility. On February 19, 2025, MPC was named one of America's Most JUST Companies by JUST Capital and CNBC for the second consecutive year. On July 14, 2025, Marathon Petroleum received a Platinum Safety Award from ILTA. On September 24, 2025, Marathon Petroleum's driver Joe Finlen was honored by NPTC. On November 25, 2024, Marathon Petroleum was named a top company for women to work in transportation. The company emphasizes its commitment to creating shared value and accountability to stakeholders, including employees, business partners, customers, communities, governments, and shareholders.

Marathon Petroleum Corporation's ownership is primarily distributed among institutional investors, with significant holdings also present among individual shareholders and company insiders. Institutional investors hold a substantial portion, approximately 59.38% to 78.91% of the company's stock. The largest shareholder is Vanguard Group Inc. with 11% of shares outstanding, followed by BlackRock, Inc. with 7.9% of shares outstanding, and State Street Corp with 6.3% of shares outstanding. Individual investors own approximately 23% to 40.36% of the company's stock, while insiders own under 1%.