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What You Need To Know Ahead of Marathon Petroleum’s Earnings Release
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Findlay, Ohio-based Marathon Petroleum Corporation (MPC) is a leading U.S. downstream and midstream energy company. With a market capitalization of approximately $86.7 billion, it operates the nation's largest refining system, markets fuel through Marathon-branded retail locations, and owns a majority interest in MPLX, which provides crude oil, natural gas, and logistics infrastructure services. MPC is set to report its Q2 earnings on Tuesday, August 4, 2026, before the market opens. Ahead of the release, analysts expect the company to report diluted EPS of $13.26, up 234.9% from $3.96 in the year-ago quarter. MPC has surpassed Wall Street's EPS estimates in three of the last four quarters, while missing expectations in the remaining quarter. Elon Musk Dubs Him 'Scam Altman' Not Sam — Then Altman Clapped Back: 'Homeboy You're The One Selling Space Datacenters' Oracle Stock Crashes to a 52-Week Low. Here's Why It Might Be Time to Buy. Short Seller Hunterbrook Attacked Bloom Energy's Supply-Chain Claims. BE Stock Is Bruised, But Not Broken. Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For fiscal 2026, analysts expect the company to report EPS of $33.00, reflecting a 208.4% increase from $10.70 in fiscal 2025. MPC stock has climbed 72.8% over the past 52 weeks, significantly outperforming both the S&P 500 Index ($SPX), which returned 20.3%, and the State Street Energy Select Sector SPDR ETF (XLE), which gained 29.2% during the same period. On July 13, 2026, Marathon Petroleum shares climbed more than 4% as WTI crude oil surged over 9% to a 3.5-week high following escalating U.S. Iran tensions and renewed concerns over disruptions in the Strait of Hormuz. The sharp rise in oil prices lifted energy stocks broadly, reflecting expectations of stronger industry profitability despite broader market weakness. Analysts remain cautiously optimistic about MPC, with the stock carrying a consensus "Moderate Buy" rating. Among the 17 analysts covering the stock, seven recommend a "Strong Buy," three rate it a "Moderate Buy," and seven suggest a "Hold." While the stock currently trades above the average analyst price target of $292.94, the Street-high price target of $344 suggests an upswing potential of 17.4% from the current market price. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
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