# Marathon Petroleum Corporation  Share Price Target ‘$196.00’, now 11.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/marathon-petroleum-corporation-share-price-target-196.00-now-11.5-upside-potential/4121168692
- Published: 2024-08-15T13:46:46+01:00
- Author: Charlotte Edwards

**Marathon Petroleum Corporation** which can be found using ticker (MPC) now have
15 market analysts covering the stock. The analyst consensus now points to a rating
of ‘buy’. The range between the high target price and low target price is between
$231.00 and $168.00 calculating the mean target share price we have $196.00. (at
the time of writing). Given that the stocks previous close was at $175.75 this indicates
there is a potential upside of 11.5%. The 50 day moving average now sits at $171.10
and the 200 moving average now moves to $170.62. The total market capitalization
for the company now stands at 59.93B. The stock price is currently at: $179.05 USD

 The potential market cap would be $66,829,779,550 based on the market consensus.

The company has a dividend yield of 2.19%. Other points of data to note are a P/
E ratio of 9.39, revenue per share of $402.63 and a 7.51% return on assets.

Marathon Petroleum Corporation is a downstream energy company. The Company is engaged
in the petroleum product refining, marketing, retail and midstream business in the
United States. The Company operates through two segments: Refining & Marketing and
Midstream. The Refining & Marketing segment refines crude oil and other feedstocks,
including renewable feedstocks, at the Company’s refineries in the Gulf Coast, Mid-
Continent and West Coast regions of the United States. The Company sells refined
products to wholesale marketing customers domestically and internationally, under
Marathon brands. The Midstream segment transports, stores, distributes and markets
crude oil and refined products principally for the Refining & Marketing segment 
through refining logistics assets, pipelines, terminals, towboats and barges, gathers,
processes and transports natural gas, and gathers, transports, fractionates, stores
and markets natural gas liquids (NGLs).

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