Marathon Petroleum Corp stock hits 52-week high at 183.14 USD

Published 03/09/2025, 14:40
Marathon Petroleum Corp stock hits 52-week high at 183.14 USD

Marathon Petroleum Corp stock reached a new 52-week high, hitting 183.14 USD. This milestone underscores the company’s impressive performance, with the stock surging 31.35% year-to-date and 24.93% over the past six months. According to InvestingPro analysis, the stock appears fairly valued at current levels. The achievement of this 52-week high reflects a period of growth and resilience for Marathon Petroleum Corp, as the company continues to navigate the complexities of the energy market. Management has demonstrated confidence through aggressive share buybacks, while maintaining dividend payments for 15 consecutive years with a current yield of 2.02%. Investors have shown confidence in the stock, pushing it to this new peak and highlighting the company’s steady upward trajectory in the past year. InvestingPro subscribers have access to 12 additional key insights about MPC’s financial health and market position.

In other recent news, Marathon Petroleum reported strong second-quarter 2025 earnings, significantly surpassing market expectations. The company achieved an earnings per share of $3.96, well above the forecasted $3.11. Revenue also exceeded predictions, reaching $34.1 billion compared to the anticipated $33.04 billion. UBS has reiterated its Buy rating on Marathon Petroleum, setting a price target of $203.00, citing stronger crack spreads and wider Western Canadian Select crude differentials. The investment bank also revised its 2025 earnings per share estimate for the company to $8.14 from $7.08. These adjustments reflect Marathon Petroleum’s impressive second-quarter earnings performance, which was 31% above UBS estimates. These developments highlight the company’s current financial strength and positive market outlook.

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