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Marathon Petroleum Corporation
$478.07▲ 0.24% today
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Why Marathon Petroleum Corporation (MPC) stock moved

Updated Oct 18, 2026

Marathon Petroleum Corporation (MPC) shares rose 0.2% to $478.07 as of October 18, 2026, a slight gain from the prior close of $476.92. BestStocks flagged the session as a major change for MPC. Below, we break down what changed for MPC, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

MPC climbed 0.2% to $478.07

Marathon Petroleum rose 2.05% to $468.20, driven by strong refining throughput, upward earnings revisions, and broad energy sector momentum. Refining strength and positive analyst sentiment on the downstream outlook have supported the move, with the stock trading near higher ranges relative to its moving averages. Marathon Petroleum earnings report scheduled for November 3, 2026; monitor for EPS beat/miss vs. $24.69 consensus and any guidance on refining margins and throughput trends.

This summary describes the catalyst and move as first detected on Oct 13, 2026, 9:42 AM EDT; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
ValuationWeak confidence
Rel. volume
0.7×
Below Avg
Vs peers
—
No comparable peers
Market cap
$134.3B
New York Stock Exchange
Analyst target
$444
-7.1% vs price
Price chart
Sep 17 – Oct 16
VVVVNNNN$388$437$486Sep 17Sep 24Oct 2Oct 9Oct 16
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for Marathon Petroleum Corporation investors

For Marathon Petroleum Corporation investors, the recent signals are mixed, leaving the near-term picture neutral / mixed. On the constructive side: Positive 0.2% session move; MPC moved +5.39% from $266.33 to $280.68 on 2026-07-08. Weighing against that: Marathon Petroleum Corporation (MPC) moved -5.33% from $314.50 to $297.75 on 2026-08-05; New SEC filing — review for material disclosures. Wall Street's consensus price target sits at $444.30, implying -7.1% downside from $478.07. Over the past 90 days analysts logged 0 upgrades and 1 downgrade. BestStocks rates the overall signal quality weak (32/100). With earnings roughly 16 days out, the next report is the most likely near-term test of the move.

MPC price reaction

MPC last traded at $478.07, up $1.15 (+0.24%) from the previous close of $476.92. The session traded on 0.7× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $388.38 and $484.92, and it currently sits about 93% of the way up that band.

Bullish and bearish analyst opinions on Marathon Petroleum Corporation (MPC)

The consensus analyst price target on Marathon Petroleum Corporation (MPC) is $444.30, 7.1% below the recent $478.07. Over the past 90 days analysts logged 0 upgrades, 21 maintains, and 1 downgrade. Here is how the bullish and bearish cases on MPC line up.

The bullish case

  • The Street's most bullish target is $560.00 (+17.1%).
  • Positive 0.2% session move.
  • MPC moved +5.39% from $266.33 to $280.68 on 2026-07-08.
  • Positive price momentum.

The bearish case

  • The consensus analyst price target of $444.30 sits 7.1% below the recent $478.07, so the average target sees limited room to run.
  • The most bearish analyst target is $321.00 (-32.9%).
  • 1 analyst downgrade in the past 90 days, most recently Jefferies to Hold (2026-09-22).
  • Marathon Petroleum Corporation (MPC) moved -5.33% from $314.50 to $297.75 on 2026-08-05.
Bull vs bear balanceNeutral / Mixed
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is roughly balanced, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Oct 18, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $444-7.1%
= 21 maintains↓ 1 downgrades
Wells Fargo maintained Overweight · 2026-10-14
SEC filings watch
10-Q2026-08-04
Quarterly financial results
medium
8-K2026-08-04
Material event — review for impact
high
8-K2026-06-29
Material event — review for impact
high
Peer context
MPC+0.2%

Previous notable changes for MPC

News2026-10-15-1.6%
First Citizens Bank increased MPC stake by 28.8% to 15,780 shares in Q3.
News2026-10-12+0.8%
Zacks analysis evaluates Marathon Petroleum as a potential momentum stock pick for investors.
Valuation2026-10-08+4.8%via Yahoo Finance ↗
Marathon Petroleum Corporation (MPC) rose 3.37% to $457.18, continuing a sharp rally driven by strong refining margins and geopolitical supply tightening that has constrained global refining capacity, according to Goldman Sachs analysis cited by Yahoo Finance. The stock has surged over 143% since the start of 2026 amid elevated crack spreads and diesel export policy considerations.
News2026-10-06-0.3%
MPC targets 3 million barrels per day throughput in Q3, supported by high utilization and refinery projects.
Upcoming catalysts & outlook
Next earnings
2026-11-03 (est.)
in 16 days
Thesis shift
Neutral / Mixed
bullish signal
Risk level
Medium
from change events

Frequently asked questions about MPC

Why did Marathon Petroleum Corporation (MPC) stock move?

MPC rose 0.2% to $478.07. The move coincided with the context summarized above, though no single company-specific catalyst was independently confirmed.

How much did MPC stock rise?

MPC gained 0.24% ($1.15) versus the prior close of $476.92, last trading at $478.07 on 0.7× average volume.

When is Marathon Petroleum Corporation's next earnings date?

MPC's next earnings report is estimated for 2026-11-03 — about 16 days away.

What is the analyst price target for MPC?

The consensus analyst price target for MPC is $444.30, about 7.1% below the current $478.07. Over the past 90 days, analysts recorded 0 upgrades, 21 maintains, and 1 downgrade.

How BestStocks tracks MPC

This page is generated automatically by BestStocks' change-detection system after its price and volume cleared MPC-specific materiality thresholds, triggering an evidence check. It draws on 20 tracked change events for MPC, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of October 18, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataFMP earnings & estimatesSEC EDGAR filingsAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.