Why Analysts Are Divided on Marathon Petroleum Corporation (MPC)

Company Overview - Marathon Petroleum Corporation (NYSE:MPC) is an integrated downstream energy company based in Ohio, operating through three segments: Refining & Marketing, Midstream, and Renewable Diesel [4] Market Sentiment - As of December 26, the market sentiment for Marathon Petroleum is mixed, with 50% of analysts recommending a Buy and the other 50% maintaining a neutral stance [1] - The price target range for the stock is between $180 and $231, with a median target of $205 indicating a potential upside of 25.24% [1] Analyst Ratings - Mizuho raised its price target for Marathon Petroleum to $196 from $188 while maintaining a 'Neutral' rating on December 12, reflecting a balanced view amid negative sentiment towards U.S. oil and gas companies due to oversupply and high gas storage levels [2] - BMO Capital reaffirmed an 'Outperform' rating with a price target of $210 on December 9, citing management's strategic focus on refining its footprint, cost structure, and relationships with MPLX as key drivers for future growth [3]