Marathon Petroleum director Rucker sells $1.29 million in stock

Published 07/07/2025, 14:14
Marathon Petroleum director Rucker sells $1.29 million in stock

Kim K.W. Rucker, a director at Marathon Petroleum Corp (NYSE:MPC), sold 7,392 shares of common stock on July 3, 2025, according to a recent SEC filing. The shares were sold at a price of $175.0, totaling $1,293,600. The transaction comes as Marathon Petroleum, with a market capitalization of $54 billion, trades near its 52-week high of $183.31. InvestingPro analysis shows the company maintains a GOOD financial health score and offers a 2.07% dividend yield, having maintained dividend payments for 15 consecutive years.

Following the transaction, Rucker directly owns 18,944.271 shares of Marathon Petroleum. According to InvestingPro, which offers 12 additional investment tips for MPC, the company has demonstrated strong returns over both the short and long term, with a 25.7% price return over the past six months.

The sale was executed under a Rule 10b5-1 trading plan adopted on May 19, 2024.

In other recent news, Marathon Petroleum reported a net loss of $0.24 per share for the first quarter of 2025, which was below analysts’ expectations of $0.18 EPS. Despite this earnings miss, the company’s revenue slightly exceeded forecasts, reaching $31.85 billion compared to the anticipated $31.71 billion. Wolfe Research raised its price target on Marathon Petroleum to $187.00, maintaining an Outperform rating, highlighting the company’s low-cost structure and its strategic position in the refining market. Evercore ISI initiated coverage of Marathon Petroleum with an In Line rating, emphasizing the company’s strong cash flow generation and capital efficiency. The firm projected earnings per share between $9.5 and $13.6 through 2027, with steady free cash flow yields. Marathon Petroleum has been actively returning capital to shareholders, distributing over $1.3 billion through dividends and share buybacks in the first quarter. The company continues to invest in refining and infrastructure improvements, aiming to enhance operational efficiency and reliability. These developments reflect Marathon Petroleum’s strategic focus and ongoing efforts to navigate the current market environment.

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