MPC
Marathon Petroleum Corp Energy Petroleum Refining S&P 500Russell 3000
$444.73Close
$442.1BMarket cap
$160.76 – $484.9252-week range
Nov 3, 2026Next report · before the open
Highlights
Strengths
- In a stage-2 uptrend all 8 trend conditions pass
- Leading the market RS 98 · stronger than 98% of stocks over 12 months
- Accumulation up-day volume 2.1× down-day volume over 50 sessions
- Earnings growing EPS +347% year on year
Cautions
- Results soon Nov 3, 2026, in 2 days
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
8%
1wk
down 2.7%
price change
1mo
up 12.5%
price change
12-month return
up 131%
market up 11% ·
its own up 120%
F-score
8 / 9
Exceptional
Altman Z
7.07
Low risk
P/E
109.2×
price / earnings
PEG
3.53
P/E / EPS growth
P/B
25.5×
price / book
Earnings yield
up 1.8%
EBIT / enterprise value
Cheaper than
23%
of the market · expensive
Revenue growth
down 4%
year on year
EPS growth
up 347%
latest quarter
Sales growth
up 54%
latest quarter · +45 pts
ROE
up 23%
return on equity
Free cash margin
up 4%
$4.8B FCF
D/E
1.92
long-term debt / equity
Net debt / EBITDA
2.6×
Interest cover
5.6×EBIT / interest
Piotroski tests
- took on more long-term debt
- profitable on its assets
- generating cash from operations
- profitability improving
- profits backed by cash
- short-term liquidity improved
- no new shares issued
- gross margin widened
- assets working harder
Trade setup
ATR%
4.1%
$18.03 a day · 2×ATR $408.67
RS
98 / 99
vs the universe
Trend
8 / 8
trend template
Relative volume
0.8×
vs 50-day average
Up/down volume
2.13
50 sessions
Implied move
11.4%
by Nov 20, 2026 · report Nov 3, 2026
Trend template · 8 of 8
Screen verdict
Did not qualify for any screen.
Warning signs
- Revenue shrinking Revenue fell 4.4% over the year, from $138.9B to $132.7B.
Last reported
Aug 4, 2026
Results reaction
Aug 4, 2026-5% vs market2 sessions after results
Options
$8.2M56.2% IV · activity
Financials
- Gross 10%
- Net 3%
- Free cash 4%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $69.8B | $120.0B | $177.5B | $148.4B | $138.9B | $132.7B |
| Gross margin | 6% | 8% | 15% | 13% | 9% | 10% |
| Operating income | -$12.2B | $4.3B | $21.5B | $14.5B | $6.8B | $8.3B |
| Net income | -$9.8B | $9.7B | $14.5B | $9.7B | $3.4B | $4.0B |
| Net margin | -14% | 8% | 8% | 7% | 2% | 3% |
| Earnings per share | -$15.14 | $15.26 | $28.13 | $23.67 | $10.10 | $13.23 |
| Free cash flow | -$368.0M | $2.9B | $13.9B | $12.2B | $6.1B | $4.8B |
| Free cash margin | -1% | 2% | 8% | 8% | 4% | 4% |
| Cash | $415.0M | $5.3B | $8.6B | $5.4B | $3.2B | $3.7B |
| Long-term debt | $32.0B | $25.9B | $27.1B | $27.6B | $27.8B | $33.3B |
| Shareholders' equity | $22.2B | $26.2B | $27.7B | $24.4B | $17.7B | $17.3B |
| Shares outstanding | 980m | 984m | 990m | 993m | 994m | 994m |
Next report
Nov 3, 2026 · before the open
Expected move The move, either way, the option market prices in through the next scheduled report: the at-the-money straddle for the first expiry that contains it, over the price. It includes the days around the report, so it slightly overstates the report alone. Methodology
±11.4%
$394 – $495 by Nov 20, 2026
Usual move The median, over the company's last four reports, of how far the stock moved either way from the close before the filing to the close of the session after it. Methodology
±2.8%
last 4: -3.0% · -2.7% · +0.6% · +10.7%
Expected against usual The move the options price through this report over the move the last four reports delivered. Above 1 the event is priced bigger than the company's own record; below 1, smaller. A price, not a forecast: it says what protection through the report costs, not which way the stock will go. Methodology
Bigger than usual
4.0× the usual move
What options price now
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- Bigger 56.2% priced · 43.6% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- Choppier
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: no change
Positioning
- Premium traded
- $8.2M calls $4.9M · puts $3.2M · latest session
- 0.65× -0.85 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls +2.73k · puts +1.68k past week
For options traders: ATM IV 56.2% (+3.2% 1w) · 1m ÷ 3m IV 1.11 · 25Δ skew 1.2 pts · Net GEX $6.0M
Most traded contracts
No contract passed the liquidity filters this week.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 4, 2026 | Quarterly ↗ | Jun 30, 2026 | 35d |
| May 5, 2026 | Quarterly ↗ | Mar 31, 2026 | 35d |
| Feb 26, 2026 | Annual ↗ | Dec 31, 2025 | 57d |
| Nov 4, 2025 | Quarterly ↗ | Sep 30, 2025 | 35d |
| Aug 5, 2025 | Quarterly ↗ | Jun 30, 2025 | 36d |
| May 6, 2025 | Quarterly ↗ | Mar 31, 2025 | 36d |
| Feb 27, 2025 | Annual ↗ | Dec 31, 2024 | 58d |
| Nov 5, 2024 | Quarterly ↗ | Sep 30, 2024 | 36d |
| Aug 6, 2024 | Quarterly ↗ | Jun 30, 2024 | 37d |
| Apr 30, 2024 | Quarterly ↗ | Mar 31, 2024 | 30d |
| Feb 28, 2024 | Annual ↗ | Dec 31, 2023 | 59d |
| Oct 31, 2023 | Quarterly ↗ | Sep 30, 2023 | 31d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 29, 2026 | Director or officer change · Other events ↗ |
| Aug 4, 2026 | Results ↗ |
| Jun 29, 2026 | Other events ↗ |
| May 5, 2026 | Results ↗ |
| May 1, 2026 | Shareholder vote ↗ |
| Apr 13, 2026 | Material agreement · Agreement ended · Results · New obligation ↗ |
| Feb 3, 2026 | Results ↗ |
| Dec 18, 2025 | Director or officer change · Other events ↗ |
| Nov 4, 2025 | Director or officer change · Other events ↗ |
| Nov 4, 2025 | Results ↗ |
| Aug 5, 2025 | Results ↗ |
| May 6, 2025 | Results ↗ |