The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

MPC

Concerning the House

Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States. The company operates through three segments: Refining & Marketing; Midstream; and Renewable Diesel. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products through transportation, storage, distribution, and marketing services. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures propane and petrochemicals. The company sells refined products to wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets, as well as through long-term fuel supply contracts to direct dealer locations primarily under the ARCO brand. The Midstream segment gathers, transports, stores, distributes, and markets crude oil and refined products, including renewable diesel and other hydrocarbon-based products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and transports, fractionates, stores, and markets natural gas liquids. The Renewable Diesel segment processes renewable feedstocks into renewable diesel, markets, and distributes renewable diesel through its Midstream segment and third parties. It sells renewable diesel to wholesale marketing customers, buyers on the spot market, and through long-term supply contracts to direct dealers under the ARCO brand. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.

United States · www.marathonpetroleum.com

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$138.86B+18.2%
Operating income$14.51B+10.3%
Net income$3.44B+20.4%
Cash from ops$8.66B+7.1%
Quotation

$348.25

+11.83 (+3.5%)

52w hi$348.25
52w lo$156.06
Vol2.08M
As ofAug 12
The Verdict

Buy

Our score +0.63

Short+0.30
Medium+0.80
Long+0.96

computed 2026-08-12

By the Numbers

Marathon Petroleum Corporation

Energy · Oil & Gas Refining & Marketing

Market cap$101.67B
Enterprise value$127.64B
Trailing P/E12.08x
Forward P/E11.40x
EV / EBITDA8.29x
P / S (ttm)0.63x
Profit margin5.5%
Return on equity42.1%
Revenue growth+53.7%
Earnings growth+348.0%
Debt / equity133.33
Risk Metrics
Beta vs SPX0.65
Corr SPX0.30
Annual vol34.9%
Annual ret+42.2%
Sharpe1.21
Max DD-34.4%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.44
Sector+0.13
Technical+0.27
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-12

Recent Sessions
DateOpenHighLowCloseVol
Aug 12$335.05$348.32$331.99$348.252.08M
Aug 11$319.00$336.45$318.00$336.423.18M
Aug 10$302.20$320.42$302.20$320.324.06M
Aug 7$295.14$301.49$290.36$298.202.30M
Aug 6$303.17$303.33$293.72$299.251.98M