Marathon(MPC)
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Marathon Petroleum Corp. Reports First-Quarter 2025 Results
Prnewswire· 2025-05-06 10:30
Core Insights - Marathon Petroleum Corp. reported a net loss of $74 million, or $0.24 per diluted share, for Q1 2025, a significant decline from a net income of $937 million, or $2.58 per diluted share, in Q1 2024 [1][9][28] - Adjusted EBITDA for Q1 2025 was $2.0 billion, down from $3.3 billion in Q1 2024, reflecting the impact of planned maintenance and market conditions [2][3][50] Financial Performance - The refining and marketing segment adjusted EBITDA was $489 million in Q1 2025, compared to $1.986 billion in Q1 2024, with a margin of $1.91 per barrel versus $8.22 per barrel in the prior year [5][6][31] - Midstream segment adjusted EBITDA increased to $1.720 billion in Q1 2025 from $1.589 billion in Q1 2024, driven by higher throughput and growth from equity affiliates [10][3] - Renewable diesel segment adjusted EBITDA improved to $(42) million in Q1 2025 from $(90) million in Q1 2024, attributed to increased utilization and higher margins [11][44] Operational Highlights - The company executed its second-largest planned maintenance quarter in history, which contributed to the net loss [9][3] - Refining capacity utilization was 89%, with total throughput of 2.8 million barrels per day in Q1 2025 [7][33] - The company returned approximately $1.3 billion to shareholders, including $1.1 billion in share repurchases [9][14] Strategic Developments - The company is focusing on high-return investments in its refining operations, including projects at its Los Angeles, Galveston Bay, and Robinson refineries [15][17] - MPLX, a subsidiary, announced the acquisition of the remaining 55% of BANGL, LLC for $715 million, enhancing its natural gas liquids transportation capabilities [16][18] - The Traverse Pipeline project, designed to transport 1.75 billion cubic feet per day of natural gas, has reached a final investment decision and is expected to be operational by 2027 [16][18] Financial Position - As of March 31, 2025, the company had $3.8 billion in cash and cash equivalents, with $5 billion available on its bank revolving credit facility [13][14] - The company issued $2.0 billion in unsecured senior notes to refinance maturing debt [14][46] Market Outlook - The refining and marketing segment is expected to see improved margins due to seasonal demand trends [3][20] - The company remains optimistic about its long-term outlook, aiming to deliver peer-leading capital returns [3][9]
Marathon Petroleum (MPC) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2025-05-02 14:20
Core Viewpoint - Marathon Petroleum (MPC) is expected to report a quarterly loss of $0.63 per share, a decline of 122.7% year-over-year, with revenues forecasted at $30.09 billion, down 9.4% from the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised 4.1% lower in the last 30 days, indicating a collective reevaluation by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are strongly linked to short-term stock price performance [3]. Key Metrics Forecast - Analysts predict 'Refining & Marketing - Refinery throughputs - Net refinery throughput' at 2,765.67 million barrels per day, up from 2,664 million barrels per day a year ago [5]. - The estimate for 'Refining & Marketing - Refinery throughputs - Crude oil refined' is 2,513.68 million barrels per day, compared to 2,427 million barrels per day last year [5]. - 'Refining & Marketing - Refinery throughputs - Other charge and blendstocks' is expected to reach 250.81 million barrels per day, up from 237 million barrels per day in the same quarter last year [6]. - The consensus estimate for 'Income from operations- Refining & Marketing' is -$561.74 million, down from $766 million year-over-year [6]. - 'Income from operations- Midstream' is forecasted at $1.34 billion, compared to $1.25 billion last year [7]. - 'Adjusted EBITDA- Refining & Marketing' is expected to be $286.27 million, significantly lower than $1.87 billion from the previous year [7]. - 'Adjusted EBITDA- Midstream' is projected at $1.68 billion, compared to $1.59 billion in the same quarter last year [8]. Stock Performance - Over the past month, shares of Marathon Petroleum have increased by 7.1%, while the Zacks S&P 500 composite has decreased by 0.5% [9]. - Currently, MPC holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [9].
Here's Why Marathon Petroleum (MPC) Gained But Lagged the Market Today
ZACKS· 2025-04-29 22:50
Company Performance - Marathon Petroleum (MPC) closed at $138.31, with a +0.53% change from the previous day, underperforming the S&P 500's gain of 0.58% [1] - Over the last month, MPC shares decreased by 5.57%, compared to the Oils-Energy sector's loss of 8.92% and the S&P 500's loss of 0.84% [1] Upcoming Financial Results - The company is set to announce its earnings on May 6, 2025, with projected earnings per share (EPS) of -$0.63, indicating a 122.66% decrease from the same quarter last year [2] - Revenue is expected to be $30.09 billion, reflecting a 9.41% decline from the equivalent quarter last year [2] Full Year Projections - For the full year, the Zacks Consensus Estimates project earnings of $7.50 per share and revenue of $123.3 billion, representing changes of -21.14% and -12.19% from the prior year, respectively [3] Analyst Projections - Recent shifts in analyst projections for Marathon Petroleum should be monitored, as they reflect short-term business trends and can indicate analyst optimism regarding the company's profitability [4] Stock Performance and Ranking - The Zacks Rank system, which evaluates estimated changes, currently ranks Marathon Petroleum at 3 (Hold) [6] - Over the past month, the Zacks Consensus EPS estimate has increased by 1.2% [6] Valuation Metrics - Marathon Petroleum has a Forward P/E ratio of 18.34, which is a premium compared to the industry average of 15.39 [7] - The company has a PEG ratio of 3.06, while the Oil and Gas - Refining and Marketing industry has an average PEG ratio of 1.36 [8] Industry Context - The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector and holds a Zacks Industry Rank of 83, placing it in the top 34% of over 250 industries [9]
Earnings Preview: Marathon Petroleum (MPC) Q1 Earnings Expected to Decline
ZACKS· 2025-04-29 15:07
The market expects Marathon Petroleum (MPC) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 6, 2025, might help the stock move higher if these key numbers are ...
Pegasus Tech Ventures to host a Startup Pitch Competition during San Francisco Climate Week
Prnewswire· 2025-04-22 13:00
Group 1 - Pegasus Tech Ventures will host a Startup Pitch Contest during San Francisco Climate Week on April 23, 2025, focusing on emerging energy solutions [1] - The winning startup will receive an invitation to the Startup World Cup Grand Finale, competing for a $1,000,000 investment [1] - The regional Startup Pitch Contest is co-sponsored by Marathon Petroleum Corporation, the largest fuels manufacturer in the U.S. [3] Group 2 - Marathon Petroleum and Pegasus Tech Ventures are collaborating to identify and invest in emerging technology companies within the energy sector [4] - This partnership aims to enhance operational performance and embed sustainability throughout Marathon Petroleum's value chain [4] - Marathon Petroleum has invested in several emerging technology companies with the support of Pegasus Tech Ventures [4] Group 3 - Pegasus Tech Ventures operates with over $2 billion in assets under management and has invested in over 270 companies globally [6] - The firm offers a unique Venture Capital-as-a-Service (VCaaS) model for corporations seeking to partner with innovative technology startups [6] - Pegasus Tech Ventures has partnered with over 40 corporations, including Marathon, ASUS, and SEGA [6] Group 4 - The Startup World Cup is the leading startup pitch competition globally, hosting over 100 regional events across more than 60 countries [7] - The Grand Finale of the Startup World Cup will take place on October 17, 2025, in San Francisco [7] - Winning startups from regional events compete for a $1 million cash investment at the Grand Finale [7] Group 5 - The Startup Pitch Contest will focus on areas such as energy industry modernization, energy supply chain optimization, artificial intelligence, machine learning, and climate technologies [8]
Why This Beaten-Down Oil Stock Could Skyrocket 51% in 2025
MarketBeat· 2025-04-15 11:01
Over the past two weeks, the world has been shaken into a new paradigm as President Trump has rolled out an aggressive new plan for global trade through tariffs between the United States and its biggest trading partners. While reports suggest that most countries have approached the United States to negotiate the state of these tariffs, one loose end is still filling markets with uncertainty. And that country is China. Marathon Petroleum TodayMPCMarathon Petroleum$124.87 +1.44 (+1.17%) 52-Week Range$115.10▼ ...
Will Marathon Petroleum (MPC) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-04-08 17:15
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Marathon Petroleum (MPC) . This company, which is in the Zacks Oil and Gas - Refining and Marketing industry, shows potential for another earnings beat.This refiner has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past t ...
Marathon Petroleum: Unique Financial Position (Rating Upgrade)
Seeking Alpha· 2025-03-26 03:59
Core Insights - Marathon Petroleum Corporation (NYSE: MPC) operates with a unique business posture, particularly in its relationship with its transportation arm, MPLX [1] Company Overview - Marathon Petroleum has a well-operated transportation segment that complements its refining operations, which is often misunderstood by investors [1] Analyst Background - The article reflects the author's extensive experience in investment and process control engineering, providing a seasoned perspective on the market [1]
Marathon Petroleum (MPC) Stock Sinks As Market Gains: Here's Why
ZACKS· 2025-03-24 22:50
Marathon Petroleum (MPC) closed the most recent trading day at $148.68, moving -0.85% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 1.77%. At the same time, the Dow added 1.42%, and the tech-heavy Nasdaq gained 2.28%.Shares of the refiner witnessed a loss of 2.46% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 0.43% and outperforming the S&P 500's loss of 5.73%.Analysts and investors alike will be keeping a close ...
MPC Container Ships: A Good Buy That Might Get Better
Seeking Alpha· 2025-03-07 18:21
Core Insights - MPC Container Ships ASA has a dividend yield exceeding 20%, indicating strong cash flow generation and profitability [1] - The company's income statement suggests it is generating substantial profits, which may attract investor interest [1] Company Analysis - The company is involved in the container shipping industry, which has seen fluctuations in demand and profitability [1] - The high dividend yield may signal confidence in the company's financial health and future cash flow [1] Investment Perspective - The article reflects a positive sentiment towards MPC Container Ships ASA, highlighting its potential as an investment opportunity due to its financial performance [1]