MPC
EnergyMarathon Petroleum Corporation · Oil & Gas Refining & Marketing · $74B
What is Marathon Petroleum Corporation?
Marathon Petroleum Corporation is a large-cap US downstream energy company operating refineries and a midstream logistics network across the country.
MPC refines crude oil into transportation fuels, asphalt, and petrochemicals, then markets those products through wholesale channels and branded fuel outlets. Its Midstream segment moves and stores crude oil and natural gas liquids via pipelines, terminals, and barges — adding logistical scale to the core refining business.
Incorporated in its current form in 2011, Marathon Petroleum is headquartered in Findlay, Ohio.
- Fuel refining and wholesale marketing
- ARCO and Marathon-branded retail fuel distribution
- Midstream pipeline and terminal operations
- Natural gas gathering and processing
Is MPC a Good Stock to Buy?
UQS Score rates MPC as Below Average overall.
Valuation stands out as the clearest positive signal — MPC appears attractively priced relative to sector peers. Quality and Growth both register as Neutral, suggesting the business is functional but not exceptional on those dimensions.
Moat and Risk are both rated Weak, reflecting the commodity-driven nature of refining and the limited pricing power typical of this segment.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does MPC pay dividends?
Yes — Marathon Petroleum Corporation pays a dividend.
Marathon Petroleum pays a regular dividend, consistent with the cash-return culture common among large downstream energy companies. Refining businesses often return capital to shareholders during periods of strong crack spreads, and MPC has maintained this practice over time.
When does MPC report earnings?
Marathon Petroleum reports earnings on a quarterly cadence, typical for US-listed equities.
Refining margins are cyclical, so MPC's quarterly results tend to move with crack spreads and crude differentials rather than steady organic growth. Investors should watch throughput volumes and midstream fee income as secondary indicators of operational health.
For the most recent quarter's results, visit Marathon Petroleum's investor relations page directly.
MPC Price History
+300.1% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Marathon Petroleum Corporation?
Based on Marathon Petroleum Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
Frequently Asked Questions
What does Marathon Petroleum do?
Marathon Petroleum refines crude oil into fuels and petrochemicals, markets those products through wholesale and branded retail channels, and operates a midstream segment that transports and stores crude oil and natural gas liquids across the United States.
Does MPC pay dividends?
Yes, MPC pays a regular dividend. Downstream energy companies like Marathon often prioritize cash returns to shareholders, and MPC has maintained a dividend program alongside periodic share repurchases. Check the company's investor relations page for the current rate.
When does MPC report earnings?
Marathon Petroleum follows a standard quarterly reporting schedule. For the exact date of the next earnings release, refer to the company's investor relations page, as specific dates are subject to change.
Is MPC a good stock to buy?
UQS Score rates MPC as Below Average overall. Valuation is Attractive relative to peers, but Moat and Risk are both Weak — reflecting the commodity-driven, low-differentiation nature of refining. Whether that trade-off suits your portfolio depends on your risk tolerance and sector view.
Is MPC overvalued?
Based on the UQS Valuation pillar, MPC is rated Attractive, suggesting the stock is not expensive relative to sector peers. Refining stocks can look cheap on earnings-based metrics during strong margin environments, so context matters.
How does MPC compare to its competitors?
MPC competes with Phillips 66 (PSX), Valero Energy (VLO), and ARKO Petroleum (APC) in the downstream energy space. Each company has a different mix of refining scale, midstream assets, and retail exposure. The UQS Score comparison is available on each ticker's page.
What is MPC's market cap bracket?
Marathon Petroleum is classified as a large-cap company, placing it among the more substantial publicly traded downstream energy businesses in the United States.
Is MPC a long-term quality investment?
As a long-term quality indicator, MPC's Below Average UQS Score — driven by Weak Moat and Weak Risk ratings — suggests limited structural advantages. Refining is a cyclical, commodity-exposed business, which can weigh on consistent long-term quality metrics.
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Pro Analysis
MPC — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 3, 2026 | 43.2 | 51.3 | 18.0 | 48.9 | 24.7 | 82.8 | -0.5 |
| May 1, 2026 | 43.7 | 51.3 | 18.0 | 48.9 | 24.7 | 85.7 | +0.1 |
| Apr 26, 2026 | 43.6 | 51.3 | 18.0 | 49.1 | 24.7 | 85.4 | +0.3 |
| Apr 22, 2026 | 43.3 | 51.3 | 18.0 | 46.9 | 24.7 | 86.2 | 0.0 |
| Apr 19, 2026 | 43.3 | 51.3 | 18.0 | 46.9 | 24.7 | 86.1 | +0.3 |
| Apr 18, 2026 | 43.0 | 50.6 | 18.0 | 46.9 | 24.7 | 84.8 | -0.8 |
| Apr 15, 2026 | 43.8 | 50.6 | 18.0 | 46.9 | 24.7 | 90.1 | +0.3 |
| Apr 14, 2026 | 43.5 | 50.6 | 18.0 | 46.0 | 24.7 | 89.5 | 0.0 |
| Apr 12, 2026 | 43.5 | 50.6 | 18.0 | 46.0 | 24.7 | 89.7 | +0.5 |
| Apr 11, 2026 | 43.0 | 50.6 | 18.0 | 46.0 | 24.7 | 86.6 | +0.2 |
MPC — Pillar Breakdown
Quality
— 53.6/100 (25%)Marathon Petroleum Corporation has average quality metrics, with room for improvement in margins or capital efficiency.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 53.1/100 (20%)Marathon Petroleum Corporation shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 24.7/100 (15%)Marathon Petroleum Corporation presents elevated risk with concerns around leverage or financial stability.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 84.9/100 (15%)Marathon Petroleum Corporation appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 18/100 (25%)Marathon Petroleum Corporation operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for MPC.
Score Composition
Financial Data
More Stock Analysis
How is the MPC UQS Score Calculated?
The UQS (Unified Quality Score) for Marathon Petroleum Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Marathon Petroleum Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Marathon Petroleum Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.