Marathon Petroleum Corporation (MPC)

Over the past six months, Marathon Petroleum Corp.'s stock price has seen a gain of +24.7%. As of June 23, 2025, the share price was $166.61, representing a decline of 4.24% from June 24, 2024. The stock was up 5.55% over the past 30 days and down 3.18% over the past 12 months as of June 27, 2025. Key events impacting MPC's stock in the past six months include first-quarter 2025 results, dividend announcements, a $2.0 billion senior notes offering, fourth-quarter 2024 results and 2025 capital outlook, analyst coverage and ratings, and removal from the Russell Top 200 Value Index.

Demand for Marathon Petroleum's products, particularly gasoline and distillates, is seasonal, with the highest levels typically during the summer months. Management expects seasonal trends to improve margins for its refining business and anticipates continued growth in refined product demand in 2025. The company's diversified business footprint helps it navigate market swings and adjust to fluctuating oil prices and demand.

Marathon Petroleum Corporation (MPC) is an integrated downstream energy company headquartered in Findlay, Ohio, operating primarily in the United States. The company is recognized as one of the largest petroleum refiners, marketers, and transporters in the U.S. Its core business segments include Refining & Marketing, Midstream, and Renewable Diesel. In its Refining & Marketing segment, MPC refines crude oil and other feedstocks to produce a wide range of refined products, including gasoline, distillates, renewable diesel, and petrochemicals. The Midstream segment, primarily operated through MPLX LP, focuses on gathering, processing, transporting, storing, and marketing natural gas, natural gas liquids, crude oil, and refined products. The Renewable Diesel segment processes renewable feedstocks into renewable diesel.

Marathon Petroleum Corp. operates one of the largest refining systems in the U.S., with 13 refineries and a total crude oil refining capacity of approximately 2.9 to 3.1 million barrels per day as of 2023-2024. Its refining footprint covers key regions including the Gulf Coast, Midwest, and West Coast of the United States. The company distributes its products through an extensive network of pipelines, terminals, and a fleet of barges. MPC's retail and marketing locations include approximately 13,000 retail fuel outlets across 35 states in the United States, under brands such as Marathon and ARCO. MPC also has operations in 41 states and the District of Columbia, as well as in the Mexican states of Baja California, Sonora, and Sinaloa, and trading operations in the U.S., Canada, and Singapore.

Marathon Petroleum Corp. has received positive recognition for its brand reputation, including being named one of America's Most JUST Companies by JUST Capital and CNBC, ranking 35th out of 940 companies and leading the oil and gas industry for the second consecutive year. It was also named a top company for women to work in transportation, and one of its transport drivers was named a National Driver All-Star. The U.S. EPA recognized Marathon Petroleum's energy efficiency, and it was honored as the 2025 FleetOwner 500 Private Fleet of the Year for outstanding safety, reliability, and operational efficiency. Despite positive recognition, the company has faced challenges related to workplace safety and environmental concerns, and is committed to sustainability, aiming to reduce its carbon footprint and invest in renewable energy sources by 2030.

Marathon Petroleum Corporation's stock ownership is a mix of institutional, retail, and individual investors. Institutional investors hold a significant portion, approximately 57.92% to 75% of the company's stock. As of March 31, 2025, 1,680 institutional holders held a total of 242,829,290 shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Individual investors hold approximately 25% to 41.82% of the company's stock, while insiders hold around 0.26% to 1.3% of the shares.