Earnings Alerts

Marathon Petroleum (MPC) Earnings Beat Estimates with Strong 2Q Adjusted EPS of $4.12



  • Adjusted EPS: $4.12, better than the estimated $3.09
  • EPS: $4.33
  • Capital Expenditure: $569 million, closely matching the estimate of $569.3 million
  • Total Throughput: 3,065 mb/d
  • R&M Margin: +$17.37, slightly below the estimate of +$17.41
  • Total Revenues & Other Income: $38.36 billion, significantly higher than the estimated $35.13 billion
  • Third Quarter Forecast:
    • Sees total throughput at 2,845 mb/d
    • Sees direct operating cost per barrel at $5.35
  • Analyst Ratings: 13 buys, 8 holds, 0 sells



Marathon Petroleum on Smartkarma

Analyst coverage on Smartkarma for Marathon Petroleum by Baptista Research highlights the positive outlook for Marathon Petroleum Corporation (MPC) in their report titled “Marathon Petroleum Corporation (MPC): Initiation Of Coverage – Strategic Synergies From M&A & Future Outlook! – Major Drivers”. The report emphasizes MPC’s strong financial health, investments in growth, and recent addition of new independent directors to the board, indicating expansion and diversification. Additionally, the report mentions MPC’s optimistic view on the macro refining environment, forecasting an increase in oil demand driven by the growing need for transportation fuels.


A look at Marathon Petroleum Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience2
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Marathon Petroleum Corporation, a company that refines, transports, and markets petroleum products mainly in the mid-west, gulf coast, and southeast United States, has received varying Smart Scores across different categories. With a high Growth score of 5, the company shows potential for expansion and improving performance in the long term. However, its Resilience score of 2 indicates some vulnerability to market fluctuations or unexpected events.

While Marathon Petroleum scores moderately in Value, Dividend, and Momentum with scores of 3 across these categories, investors may find stability in the company’s consistent performance. Overall, it seems that Marathon Petroleum has a positive outlook for growth, supported by its strong performance metrics in value, dividends, and momentum, with potential room for improvement in resilience to external challenges.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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