Marathon Petroleum (NYSE:MPC) Given New $198.00 Price Target at TD Cowen

Marathon Petroleum (NYSE:MPC) had its price objective upped by TD Cowen from $183.00 to $198.00 in a research note released on Wednesday morning, MarketBeat Ratings reports. The firm currently has a buy rating on the oil and gas company’s stock.

MPC has been the topic of several other research reports. Citigroup dropped their target price on Marathon Petroleum from $185.00 to $182.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 14th. Mizuho increased their price objective on Marathon Petroleum from $198.00 to $205.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Wells Fargo & Company raised their target price on Marathon Petroleum from $213.00 to $217.00 and gave the company an “overweight” rating in a report on Wednesday. Wall Street Zen cut shares of Marathon Petroleum from a “buy” rating to a “hold” rating in a research note on Saturday, December 20th. Finally, BMO Capital Markets reduced their price objective on shares of Marathon Petroleum from $208.00 to $200.00 and set an “outperform” rating for the company in a research note on Monday, January 12th. Ten investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $198.38.

Marathon Petroleum Stock Performance

Shares of MPC opened at $195.89 on Wednesday. The stock has a market capitalization of $58.88 billion, a P/E ratio of 14.67, a P/E/G ratio of 1.93 and a beta of 0.74. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.79 and a current ratio of 1.32. Marathon Petroleum has a 1 year low of $115.10 and a 1 year high of $202.29. The company’s fifty day moving average is $177.38 and its two-hundred day moving average is $180.80.

Marathon Petroleum (NYSE:MPC) last issued its earnings results on Tuesday, February 3rd. The oil and gas company reported $4.07 earnings per share for the quarter, beating the consensus estimate of $3.73 by $0.34. The business had revenue of $35.10 billion for the quarter, compared to the consensus estimate of $30.89 billion. Marathon Petroleum had a net margin of 2.99% and a return on equity of 14.00%. The business’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.77 earnings per share. On average, sell-side analysts predict that Marathon Petroleum will post 8.47 earnings per share for the current year.

Marathon Petroleum Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 18th will be issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 2.0%. The ex-dividend date is Wednesday, February 18th. Marathon Petroleum’s dividend payout ratio (DPR) is 29.96%.

Institutional Trading of Marathon Petroleum

Several large investors have recently modified their holdings of the business. Delos Wealth Advisors LLC purchased a new stake in Marathon Petroleum in the 2nd quarter valued at approximately $25,000. Activest Wealth Management raised its holdings in shares of Marathon Petroleum by 290.2% in the second quarter. Activest Wealth Management now owns 160 shares of the oil and gas company’s stock worth $27,000 after acquiring an additional 119 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Marathon Petroleum in the fourth quarter valued at $31,000. NewSquare Capital LLC lifted its position in shares of Marathon Petroleum by 103.1% in the second quarter. NewSquare Capital LLC now owns 199 shares of the oil and gas company’s stock valued at $33,000 after acquiring an additional 101 shares in the last quarter. Finally, WFA of San Diego LLC acquired a new stake in shares of Marathon Petroleum during the second quarter valued at $33,000. 76.77% of the stock is currently owned by institutional investors and hedge funds.

Marathon Petroleum News Roundup

Here are the key news stories impacting Marathon Petroleum this week:

• Positive Sentiment: Q4 earnings and margins beat — MPC reported adjusted EPS well above consensus and management cited materially stronger refining margins and high refinery utilization, which drove the initial rally. Marathon Petroleum beats profit estimate on strong refining margins
• Positive Sentiment: Large cash flow and capital returns — Official results show strong operating cash flow that funded $4.5B of capital returns in 2025 and underpins continued buybacks and dividends, supporting EPS per share over time. Marathon Petroleum Corp. Reports Fourth-Quarter and Full-Year 2025 Results
• Positive Sentiment: MPLX stake & buyback visibility — Analysts and commentary highlight MPC’s ~70% MPLX stake and sustained buybacks (share count down materially) as structural support for the stock and dividend coverage. That narrative is lifting investor sentiment. Marathon Petroleum Company Is Ready to Sprint Higher
• Positive Sentiment: Analyst lift — TD Cowen raised its price target and reiterated a buy rating, signaling incremental analyst support after the quarter. TD Cowen raises MPC price target
• Neutral Sentiment: Operational move to heavier crude — Management said MPC bought Venezuelan heavy crude cargos to run at U.S. refineries; this can lower feedstock costs and boost light/heavy margin spreads but adds execution and geopolitical considerations. Marathon Petroleum buys Venezuelan crude for US refineries
• Neutral Sentiment: Earnings call detail and slide deck — Management’s call and presentation highlighted margin capture, utilization (94%) and guidance tone for gasoline margins; useful for modeling but no sweeping forward guidance changes. Marathon Petroleum Corp (MPC) Q4 2025 Earnings Call Highlights
• Negative Sentiment: Some investor caution — despite the beat, a subset of investors initially trimmed positions (stock saw intermittent weakness) citing flat year-over-year revenue and sensitivity of future results to margin cycles and crude sourcing risks. MPC Earnings: Stock Slips Despite Strong Financial Results

Marathon Petroleum Company Profile

Marathon Petroleum Corporation (NYSE: MPC) is a U.S.-based downstream energy company engaged principally in the refining, marketing, supply and transportation of petroleum products. The company was formed through a spin-off from Marathon Oil in 2011 and operates an integrated system of refining and logistics assets that support the production and distribution of transportation fuels and other refined petroleum products.

Marathon Petroleum’s operations include refining crude oil into gasoline, diesel, jet fuel, asphalt and other specialty products, as well as managing the distribution and storage infrastructure needed to move those products to market.