Forecasting The Future: 4 Analyst Projections For Marathon Petroleum

During the last three months, 4 analysts shared their evaluations of Marathon Petroleum MPC, revealing diverse outlooks from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

In the assessment of 12-month price targets, analysts unveil insights for Marathon Petroleum, presenting an average target of $199.25, a high estimate of $230.00, and a low estimate of $168.00. This upward trend is evident, with the current average reflecting a 12.89% increase from the previous average price target of $176.50.

Exploring Analyst Ratings: An In-Depth Overview

The standing of Marathon Petroleum among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Marathon Petroleum. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Marathon Petroleum compared to the broader market.
• Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Marathon Petroleum's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Marathon Petroleum's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Marathon Petroleum analyst ratings.

All You Need to Know About Marathon Petroleum

Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 3.0 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility will have the ability to produce 730 million gallons a year of renewable diesel once converted. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.

Financial Milestones: Marathon Petroleum's Journey

Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.

Revenue Challenges: Marathon Petroleum's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -8.94%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 4.0%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Marathon Petroleum's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.77% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Marathon Petroleum's ROA excels beyond industry benchmarks, reaching 1.65%. This signifies efficient management of assets and strong financial health.

Debt Management: Marathon Petroleum's debt-to-equity ratio is below the industry average. With a ratio of 1.17, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Basics of Analyst Ratings

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.