MARATHON PETROLEUM CORPORATION
At today's price, MARATHON PETROLEUM CORPORATION (MPC) is priced for +2.4% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
At $242.82 Marathon Petroleum trades close to fair on most standard methods, which cluster within roughly 15% of the price. The reverse solve implies the market is actually pricing operating income to shrink about 3.8% a year, a fade rather than growth, which the model reads as within range for a refiner near a margin peak. The recent earnings trajectory has been the engine. Q1 2026 adjusted EPS of $1.65 beat the $1.09 estimate, adjusted EBITDA rose $788 million year over year to $2.76 billion,
Is MPC overvalued? See what's priced in →
1,847 institutional managers reported holding MPC in 13F filings for the quarter ended 2026-03-31. Together they hold about 73% of the company; the top 10 hold 41%. 313 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 7.7M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (3.3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
MPC has cut its share count 54.6% over the past five years, spending $40.78B on repurchases. It pays a dividend, and has paid one every year in our records (15 and counting), raised 4 years straight; the current rate is $3.73 a share annually. Cash returned over the past three years: $3.20B in dividends and $18.85B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at MPC over the trailing three years: 2024: 1 buy totaling $898k; 2025: 2 buys totaling $403k. 24 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
MPC's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-02 | +2.1% | +4.4% |
| 2023-11-01 | +5.7% | +1.7% |
| 2024-02-29 | -1.4% | +8.1% |
| 2024-05-01 | -10.7% | -2.2% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
MPC's latest 8-K filings: 2026-06-29 (items 8.01); 2026-05-05 (items 2.02, 9.01); 2026-05-01 (items 5.07); 2026-04-13 (items 1.01, 1.02, 2.02, 2.03, 9.01); 2026-02-03 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.