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Model output · Signal date 2026-10-16

Marathon Petroleum Corp (MPC) Stock Forecast Oct. 16, 2026

Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · NYSE

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Rating · 90D Neutral Total
90-day forecast Sign up free to reveal
30-day forecast Total
Rank in coverage Middle 30% of 5172 stocks scored
Rank correlation · 90D -1.0% Spearman, 357 dates
Market Cap $134.25B large-cap · #3 of 15 peers
Summary

Marathon Petroleum Corp (MPC) stock forecast summary

On Oct. 16, 2026, MPC is rated Neutral: its 90-day Total forecast sits in the middle 30% of the 5172 stocks scored that day.

Marathon Petroleum Corp is a large-cap company with a market capitalization of $134.25B. It ranks number 3 by market capitalization among the 15 Petroleum Refining issuers in our coverage with a current forecast. Its Dividend Yield of 0.86% is the lowest of the 8 peers that report one.

For MPC, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -1.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 2.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.0%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)

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Price

MPC price chart and AI forecast

MPC
Cross-section · 2026-10-16

How MPC ranks among 5172 stocks

90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-06-30

Marathon Petroleum Corp (MPC) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Petroleum Refining peers listed below that report each metric.

Valuation & Market

MetricMPCIndustry medianRank
Market Cap $134.25B $64.76B 3/15
P/E Ratio 16.65x 18.51x 8/11
P/B Ratio 5.50x 3.73x 3/10
Dividend Yield 0.86% 1.50% 8/8
EPS $28.72 – –
Book Value/Share $86.90 – –
Revenue/Share $425.09 – –
FCF/Share $45.93 – –

Profitability & Margins

MetricMPCIndustry medianRank
ROE 23.8% 18.0% 2/10
Gross Margin -12.6% 6.1% 9/11
Operating Margin 9.8% 6.5% 2/8
Net Margin 4.0% 4.0% 6/11
EBT Margin 8.8% 7.8% 5/11
Tax Rate 19.3% – –

Financial Health

MetricMPCIndustry medianRank
Current Ratio 1.25x 1.29x 10/13
Quick Ratio 0.89x 0.91x 7/12
D/E Ratio 2.24x 1.70x 6/13
Interest Coverage 16.9x 4.8x 3/8
Working Capital $6.87B $2.69B 4/13

Cash Flow

MetricMPCIndustry medianRank
Operating Cash Flow $17.13B $8.93B 5/13
Free Cash Flow $12.90B $2.19B 3/8
Capital Spending -$4.23B -$1.86B 6/8
OCF Growth YoY 164.9% 98.8% 4/10
FCF Growth YoY 253.7% – –
FCF/Sales 10.8% 8.1% 2/8
CapEx/Sales 3.5% 5.2% 6/8

Operational Efficiency

MetricMPCIndustry medianRank
Receivables Turnover 7.6x 10.8x 10/11
Inventory Turnover 13.5x 13.5x 6/11
Fixed Assets Turnover 3.1x 3.0x 5/12
Days Sales Outstanding 48 days 34 days 2/11
Days Inventory 27 days 27 days 6/11
Payables Period 52 days 41 days 4/9
Cash Conversion Cycle 23 days 17 days 1/7

Income Statement

MetricMPCIndustry medianRank
Total Revenue $119.38B $63.34B 6/13
Operating Income $14.13B $6.00B 3/8
Net Income $5.80B $4.98B 5/11
SG&A Expense $3.46B $1.08B 3/9
Cost of Goods Sold $134.39B $34.86B 2/11

Dividend & Shareholder Information

MetricMPCIndustry medianRank
Dividends Per Share $4.13 – –
Payout Ratio 14.4% 28.9% 7/8
Shares Outstanding 281M – –
Net Income Growth 0.0% 0.0% 5/9
EPS Growth 302.8% 33.9% 3/7

Balance Sheet Highlights (USD millions)

Total Current Assets$34.29B39.9% of assets
Cash & Short-term Investments$7.77B9.0% of assets
Accounts Receivable$15.74B18.3% of assets
Inventory$9.97B11.6% of assets
Total Liabilities$54.59B63.5% of assets
Short-term Debt$8.19B9.5% of assets
Quarterly Financial Reports

MPC quarterly financials and insider trading

Industry Peers · Petroleum Refining

Marathon Petroleum Corp (MPC) industry peers

Companies classified under the same SEC industry code as Marathon Petroleum Corp (Petroleum Refining): 15 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Total) Market Cap P/E Ratio P/B Ratio
MPC Marathon Petroleum Corp ▶ $134.25B 16.7x 5.5x
CVX Chevron Corp ▼ $444.53B 21.6x 2.3x
COP Conocophillips ▼ $176.01B 19.4x 2.7x
BP Bp Plc ▼ $129.61B – –
VLO Valero Energy Corp/Tx ▼ $128.04B 18.5x 4.9x
EQNR Equinor Asa ▼ $117.46B 5.3x –
PSX Phillips 66 ▼ $116.98B 17.2x 3.7x
IMO Imperial Oil Ltd ▼ $64.76B 21.6x 3.8x
YPF Ypf Sociedad Anonima ▼ $20.10B – –
SUN Sunoco Lp ▶ $10.03B 8.6x –
PBF Pbf Energy Inc. ▲ $10.02B 7.4x 1.6x
CVI Cvr Energy Inc ▶ $6.17B 89.0x 11.8x
IEP Icahn Enterprises L.P. ▼ $4.73B – 1.2x
DK Delek Us Holdings, Inc. ▲ $4.69B 21.7x 25.2x
SUNC Sunococorp Llc ▶ $3.73B – –

Where MPC sits on the market map

Energy & Transportation · Petroleum Refining
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News

Marathon Petroleum Corp (MPC) stock news

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FAQ

Marathon Petroleum Corp (MPC) stock forecast FAQ

What is the Marathon Petroleum Corp (MPC) stock forecast?

On Oct. 16, 2026, MPC is rated Neutral: its 90-day Total forecast sits in the middle 30% of the 5172 stocks scored that day.

How accurate are Marathon Petroleum Corp stock predictions?

For MPC, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -1.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 2.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Marathon Petroleum Corp forecasts updated?

Marathon Petroleum Corp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.

Which companies are Marathon Petroleum Corp's industry peers?

15 issuers in our coverage, MPC included, share the SEC industry code Petroleum Refining. The largest are: Chevron Corp (CVX), Conocophillips (COP), Bp Plc (BP), Valero Energy Corp/Tx (VLO), Equinor Asa (EQNR), Phillips 66 (PSX).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.