
Marathon Petroleum (MPC) Stock Forecast & Price Target
Marathon Petroleum (MPC) Analyst Ratings
Bulls say
Marathon Petroleum is a strong operator with competitive EBITDA/bbl among large caps thanks to its unique cost profile and strong operations. The company's 2Q results exceeded expectations, with 2Q net income of $1.1 billion, nearly two times higher than the same period last year. MPC's parent company has a strong balance sheet with near-zero net debt, giving it the ability to continue investing in growth projects and return excess cash to shareholders through share buybacks.
Bears say
Marathon Petroleum is facing significant challenges in its Refining and Midstream segments, which together account for the majority of its EBITDA. Its Renewables segment has historically been unprofitable and is only now starting to improve. With negative EBITDA expected in the next few years and a challenging industry for Renewable Diesel, it is likely that MPC's overall financials will be negatively impacted.
This aggregate rating is based on analysts' research of Marathon Petroleum and is not a guaranteed prediction by Public.com or investment advice.
Marathon Petroleum (MPC) Analyst Forecast & Price Prediction
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