Marathon Petroleum stock (Marathon Petroleum Corporation — MPC)

Marathon Petroleum stock (Marathon Petroleum Corporation — MPC)

Marathon Petroleum stock is the common equity that represents ownership in Marathon Petroleum Corporation (ticker: MPC) and trades on the New York Stock Exchange. This article provides a practical, neutral overview of Marathon Petroleum stock, including company lines of business, listing and ticker details, historical corporate events, price performance, key metrics, drivers of value and risks, and where to obtain current market data and filings. Readers should note that share price and reported metrics change frequently; consult real-time quotes and SEC filings before making decisions.

Company overview

Marathon Petroleum Corporation is an integrated downstream energy company primarily focused on refining and marketing refined petroleum products and operating midstream assets that support those operations. The company’s main business lines are Refining & Marketing and Midstream services, including transportation and storage services that link crude supply and refined-product distribution.

Headquartered in Findlay, Ohio, Marathon Petroleum operates across the Petroleum sector and is classified within the Refining & Marketing industry. Marathon Petroleum stock reflects investors’ claim on the company’s operating assets, earnings from refining and product sales, and any cash flows returned via dividends or share repurchases. For investors evaluating Marathon Petroleum stock, fundamentals such as refining throughput, crack spreads, and midstream fee income are central drivers of earnings and valuation.

Listing and ticker information

Marathon Petroleum stock is listed on the New York Stock Exchange under the trading symbol MPC. Typical NYSE trading hours for MPC follow regular U.S. equity market hours — pre-market and after-hours sessions are available through brokers but have different liquidity and price behavior.

Real-time quotes and historical prices for Marathon Petroleum stock are published by major market-data providers such as Yahoo Finance, Google Finance, MarketWatch, Reuters, and Macrotrends. These providers reference the stock’s primary exchange (NYSE) and the MPC ticker as the basis for display of quotes, historical charts, fundamental metrics and analyst coverage.

For trades and custody, investors may use regulated trading platforms; for users of Bitget, Marathon Petroleum stock positions and related market data can be monitored through Bitget’s market interfaces and account tools. When looking up price history or corporate disclosures, always verify the exchange (NYSE) and the ticker (MPC) to avoid data mismatches.

Historical background and corporate events

Corporate history and formation

Marathon Petroleum’s roots trace back to refining and marketing activities historically associated with the Marathon and Marathon Oil lineages. Over decades, Marathon evolved through asset sales, spinoffs, and reorganizations to form the modern Marathon Petroleum Corporation focused on downstream refining, retail marketing and midstream infrastructure.

The company’s historical development included growth of refining capacity and creation of downstream-focused corporate structures. Marathon Petroleum stock became the primary publicly traded security reflecting the downstream operations after internal reorganizations and spinoff events that separated upstream and downstream businesses.

Major mergers and reorganizations

Marathon Petroleum has undertaken several significant transactions that affected its scale and shareholder base. A notable example is the acquisition of Andeavor in 2018, which materially expanded Marathon Petroleum’s refining footprint, retail presence and geographical diversity. Large mergers such as this have direct implications for Marathon Petroleum stock — they can increase shares outstanding, change operating margins through synergies, and alter the company’s risk profile.

Other strategic reorganizations and divestitures over time have refined the company’s focus on refining and midstream integration, shaping the longer-term earnings capacity that underpins Marathon Petroleum stock valuation.

Stock splits and corporate actions

Corporate actions such as stock splits, reverse splits, large share issuances, dividend changes and share repurchase programs change historical price and volume comparability. Marathon Petroleum’s investor materials document notable actions — for example, a referenced stock split event in investor materials from 2015 — and such events are reflected in adjusted prices published by data providers.

When analyzing Marathon Petroleum stock performance across time, use adjusted historical prices that account for stock splits and paid dividends to ensure accurate return calculations and comparisons.

Share-price performance and historical data

Investors typically review Marathon Petroleum stock performance over multiple horizons: year-to-date (YTD), 1-year, 5-year and longer-term windows (10-year, all-time). Important items to evaluate include major price milestones, realized volatility, drawdowns, and recovery periods following operational events or commodity price shocks.

As of January 25, 2026, according to Benzinga, Marathon Petroleum has outperformed the market over the past 10 years by an annualized 1.97%, producing an average annual return of 15.68% for that period. Benzinga reported a Marathon Petroleum stock price around $177.88 (MPC) at that time, and a market capitalization of approximately $53.47 billion. Benzinga noted that buying $1,000 of MPC stock ten years prior would be worth about $4,373.07 today based on the published price — illustrating the effect of compounded returns on long-term cash growth.

Historical daily closing prices and charts for Marathon Petroleum stock are available from Macrotrends, Yahoo Finance, Google Finance and the company’s investor relations pages. When analyzing returns, use adjusted closing prices that incorporate splits and dividends. Volatility measures such as beta (relative to the broader market) and standard deviation of returns help quantify risk and are available from major data providers.

Market capitalization, float and trading statistics

Key trading statistics for Marathon Petroleum stock include market capitalization, basic shares outstanding, public float, average daily trading volume, and beta. As noted above, Marathon Petroleum had a market capitalization near $53.47 billion as of January 25, 2026 (Benzinga), but market cap changes with share price and issued shares.

Public float and shares outstanding metrics affect liquidity and price impact for large trades. Average daily trading volume indicates how easily positions in Marathon Petroleum stock can be entered or exited with minimal price slippage. Beta, which measures historical correlation and sensitivity to the broader market, is commonly used by investors to gauge equity risk relative to a benchmark.

These time-dependent metrics are published by financial portals such as MarketWatch, Yahoo Finance and Google Finance and should be consulted for current values before any trading decision. Bitget users can reference the platform’s market snapshots and execution tools to assess liquidity and plan trade execution.

Dividends, buybacks and shareholder returns

Marathon Petroleum has historically returned cash to shareholders through a combination of quarterly dividends and share repurchase programs. The company’s dividend policy has typically followed a quarterly cadence, with declared dividend amounts and yield varying with earnings and capital-allocation decisions.

Dividend history (amounts, ex-dividend and payment dates) and any dividend reinvestment options are published in shareholder services materials and on the company’s investor relations page. Computershare is commonly used as a transfer agent for dividend and shareholder services; investors can consult the transfer agent for enrollment in dividend reinvestment plans if offered.

Share buyback programs are another mechanism the company has used to deploy excess cash and reduce shares outstanding, which can increase per-share metrics. Any announced repurchase program details (size, authorization, timing) are reported in SEC filings and company press releases and are reflected in adjusted share counts over time.

For Marathon Petroleum stock, tracking combined shareholder yield (dividends plus buybacks) is useful for understanding total cash returns to investors across periods.

Ownership and shareholder base

Ownership of Marathon Petroleum stock is typically split among institutional investors, retail holders, and insiders/executives. Institutional ownership is often significant for large-cap energy companies, meaning mutual funds, pension funds and other large managers hold notable percentages of shares outstanding.

High institutional ownership can enhance liquidity but also concentrate voting power and influence governance. Insider holdings (executives, directors) align interests but are typically smaller in percentage terms compared with institutional stakes.

Public filings and data providers disclose the largest institutional holders and insider transaction activity; monitoring these ownership trends provides insight into shareholder sentiment and governance dynamics that affect Marathon Petroleum stock.

Financial performance and valuation metrics

Investors evaluate Marathon Petroleum stock using a mix of operating and financial metrics: revenue (product sales and midstream fees), refining margins and crack spreads, adjusted earnings per share (EPS), price-to-earnings (P/E) ratio, EBITDA, free cash flow, and balance-sheet items such as debt levels and liquidity.

Refining companies like Marathon Petroleum derive much of their variability in earnings from changes in refining margins — the spread between refined product prices and crude oil input costs. Analysts also consider throughput volumes, utilization rates, and maintenance or outage impacts.

Valuation metrics (P/E, EV/EBITDA) change with earnings and market sentiment. For up-to-date numeric figures (current EPS, P/E, cash flow), consult the company’s SEC filings (10-K annual reports and 10-Q quarterly reports) and the Marathon Petroleum investor relations site. SEC EDGAR provides official filings and disclosure documents that underpin reported financials.

Drivers of stock price

Several primary factors historically drive Marathon Petroleum stock performance:

• Crude oil prices: The cost of feedstock for refineries. Large swings in crude can compress or expand refining margins.
• Refined product crack spreads and refining margins: The direct economic margin for refining operations; wider spreads generally improve earnings.
• Refinery outages and operational incidents: Unplanned outages or accidents can materially impact production volumes and costs.
• Regulatory and environmental developments: Emissions rules, permitting changes, and incremental compliance costs affect capital and operating expenses.
• Macroeconomic demand for transport fuels: Economic growth, mobility trends and seasonal demand patterns influence product consumption.
• Equity market conditions and investor sentiment: Broader market moves, risk-on/risk-off dynamics and sector rotations affect MPC’s share price independent of near-term fundamentals.

Assessing Marathon Petroleum stock requires monitoring each of these drivers and understanding how they interrelate with the company’s capacity, geographic footprint and hedging or commercial strategies.

Risk factors

Material risks for Marathon Petroleum stock include:

• Commodity-price risk: Volatility in crude oil and refined product prices can cause large swings in earnings and cash flow.
• Regulatory and environmental risk: Emissions standards, carbon pricing or permitting constraints may increase costs or require capital investments.
• Operational risk: Refinery incidents, unplanned downtime or supply-chain disruptions can materially impair production and margins.
• Margin compression: Competition, oversupply, or weak demand can reduce crack spreads and refining profitability.
• Energy transition risk: Longer-term shifts to electrification and alternative fuels may depress demand for conventional transport fuels over time.

Investors should consult the company’s risk-disclosure sections in SEC filings for a complete and current list of risks and to understand how management mitigates these exposures. This article does not provide investment advice and is informational in nature.

Analyst coverage and investor sentiment

Marathon Petroleum stock typically receives coverage from sell-side analysts and independent research providers. Analyst coverage includes consensus ratings (buy/hold/sell mixes), price targets and earnings estimates. Newsflow around earnings releases, margin reports and operational developments can cause analyst revisions and short-term price movement.

Sources like MarketWatch, Reuters and other data aggregators publish analyst summaries and consensus metrics. Investors should review multiple analyst viewpoints, monitor recent revisions and understand the assumptions behind price targets when assessing Marathon Petroleum stock.

Trading considerations and instruments

Marathon Petroleum stock is traded as common shares on the NYSE under MPC and is available to trade through most regulated brokerages and trading platforms. Options contracts on MPC provide alternative ways to obtain exposure or manage risk, subject to the investor’s understanding of options mechanics.

For intraday traders, average volume and bid-ask spreads are important considerations for execution cost. For longer-term investors, liquidity and corporate-event calendars (earnings, dividend dates) are relevant.

Indirect exposure to refining and midstream economics is also available through energy-sector ETFs and sector-focused mutual funds that hold MPC as a component. Bitget customers who prefer a seamless ecosystem can track and execute equity trades using Bitget’s trade tools; for Web3 custody or wallet interactions, Bitget Wallet is the recommended option for Bitget users.

Investor relations and shareholder services

Marathon Petroleum’s investor relations site is the primary destination for formal corporate disclosures, earnings presentations, press releases and SEC filings. The company’s transfer agent (commonly Computershare for similar corporations) handles shareholder services, dividend disbursements and enrollment in dividend reinvestment programs if offered.

Shareholders can obtain tax documents such as 1099-DIV forms for dividend income from the transfer agent or their brokerage. For authoritative corporate details, rely on the company’s SEC filings (10-K and 10-Q) and official investor presentations.

See also

• Major competitor refiners and integrated energy companies
• Refining margin and crack spread concepts
• Energy sector indices and ETFs
• MPLX and midstream affiliates

References and primary data sources

This article relies on public market-data and corporate sources for its factual basis. Primary sources include Marathon Petroleum investor relations materials and shareholder services pages, SEC filings available through EDGAR, and financial-data providers such as Yahoo Finance, Google Finance, MarketWatch, Reuters, Macrotrends and Benzinga. Institutional-ownership data and analyst summaries are commonly available via MarketWatch and other data aggregators.

As of January 25, 2026, according to Benzinga, Marathon Petroleum (NYSE: MPC) had a market capitalization of approximately $53.47 billion and a share price around $177.88, and an average annualized return of 15.68% over the past 10 years (outperforming the market by 1.97% annually for that period). Benzinga also noted that a hypothetical $1,000 investment in MPC ten years ago would be worth about $4,373.07 at the referenced price. Benzinga’s report is dated January 25, 2026 and was generated via an automated content engine with editorial review.

Note: numeric values such as price, market cap and return metrics change daily; verify current figures with primary data providers and the company’s latest filings.

Appendix: Historical price tables and charts (guidance)

• Recommended sources for downloadable historical daily closes and adjusted prices: Macrotrends, Yahoo Finance and the company’s IR data center.
• When preparing time-series analysis of Marathon Petroleum stock, use adjusted close prices that reflect splits and dividends for accurate total-return calculations.

Appendix: Dividend history table (guidance)

• Investors requiring a chronological listing of declared and paid dividends, ex-dividend dates and amounts should retrieve dividend history from Marathon Petroleum’s shareholder relations materials or a consolidated data provider. Transfer-agent records (e.g., Computershare) provide authoritative payment histories for shareholders.

Appendix: Stock-split and capital-structure history (guidance)

• A chronology of splits, reverse splits and major share issuances should be compiled from company press releases and historical SEC filings. Data providers typically annotate adjusted price series to reflect these corporate actions.

Further exploration

For more detailed, real-time market data and trade execution, explore Bitget’s trading platform and Bitget Wallet for custody and account management. To review Marathon Petroleum’s formal disclosures, search the SEC EDGAR database for the company’s most recent 10-K and 10-Q filings and consult Marathon Petroleum’s investor-relations announcements.

Discover more practical guides and market summaries at Bitget to help you follow Marathon Petroleum stock and related energy-sector developments.