Market closed · Next open: Wednesday 9:30 AM ET
Last update: Sep 1, 2026, 6:08 PM ET
Marathon Petroleum Corporation
$383.00 2.59% today
Market Closed

Why Marathon Petroleum Corporation (MPC) stock moved

Updated Sep 2, 2026

Marathon Petroleum Corporation (MPC) shares rose 2.6% to $383.00 as of September 2, 2026, a moderate gain from the prior close of $373.32. BestStocks flagged the session as a major change for MPC. The move is tied to price move up. 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 2.6% to $383.00

MPC rose 2.6% in its latest session, moving from $373.32 to $383.00.

Material / EarningsLow confidence
Rel. volume
1.0×
Below Avg
Vs peers
No comparable peers
Market cap
$111.8B
New York Stock Exchange
Analyst target
$328
-14.3% vs price
Price chart
Aug 3 – Sep 1
VVVVEEF$297$340$384Aug 3Aug 10Aug 18Aug 25Sep 1
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: Material positive event; Positive 2.6% session move. Weighing against that: Marathon Petroleum Corporation (MPC) moved -5.33% from $314.50 to $297.75 on 2026-08-05; Marathon Petroleum Corporation (MPC) moved -3.32% from $326.67 to $315.82 on 2026-07-22. Wall Street's consensus price target sits at $328.33, implying -14.3% downside from $383.00. BestStocks rates the overall signal quality low (46/100). With earnings roughly 62 days out, the next report is the most likely near-term test of the move.

MPC price reaction

MPC last traded at $383.00, up $9.68 (+2.59%) from the previous close of $373.32. The session traded on 1.0× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $297.75 and $383.00, and it currently sits about 100% 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 $328.33, 14.3% below the recent $383.00. Over the past 90 days analysts logged 0 upgrades, 15 maintains, and 0 downgrades. Here is how the bullish and bearish cases on MPC line up.

The bullish case

  • The Street's most bullish target is $400.00 (+4.4%).
  • Material positive event.
  • Positive 2.6% session move.
  • Marathon Petroleum Corporation (MPC) moved +2.21% from $305.85 to $312.60 on 2026-07-17.

The bearish case

  • The consensus analyst price target of $328.33 sits 14.3% below the recent $383.00, so the average target sees limited room to run.
  • The most bearish analyst target is $265.00 (-30.8%).
  • 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 Sep 1, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $328-14.3%
= 15 maintains
Mizuho maintained Neutral · 2026-08-11
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
8-K2026-05-05
Material event — review for impact
high
Peer context
MPC+2.6%

Previous notable changes for MPC

Valuation2026-08-12+3.5%via Yahoo Finance
Marathon Petroleum gained 2.02% to $343.23, driven by residual strength from strong Q2 earnings, high refinery utilization rates, and robust crack spreads supported by tight global fuel inventories, per finance.yahoo.com reporting on the move. Volume of 1.13M shares runs at 0.72x the time-adjusted expected level, consistent with normal midday trading.
Valuation2026-08-11+5.0%via zacks.com
Marathon Petroleum rallied 3.61% to $331.89 on the back of a Q2 earnings beat—the company reported EPS of $17.73 versus consensus of $14.52, a 22.1% outperformance driven by strong refining margins (Zacks). The move builds on an 18.1% three-month rally attributed to improving refining economics and disciplined operations. Volume of 633,614 shares (1.24x normal for this time of day) reflects normal intraday activity.
Valuation2026-08-10+7.4%via zacks.com
Marathon Petroleum surged 6.21% to $316.73 following a Q2 earnings beat: the refiner reported EPS of $17.73, exceeding the Zacks consensus of $14.52 by 22.1% on strong refining margins (Zacks, 2026-08-10). The rally builds on an 18.1% three-month gain driven by improving refining economics and disciplined operations. Volume of 1.07M shares ran 0.66x the time-adjusted average, suggesting below-typical participation at this point in the session.
Risk2026-08-05-4.8%
Marathon Petroleum Corporation (MPC) moved -5.33% from $314.50 to $297.75 on 2026-08-05. We checked news, earnings, analyst updates, filings, and corporate actions — no company-specific catalyst was found. Volume was 1.4x the 5-day average, modestly elevated.
Upcoming catalysts & outlook
Next earnings
2026-11-03 (est.)
in 62 days
Thesis shift
Neutral / Mixed
bullish signal
Risk level
High
from change events

Frequently asked questions about MPC

Why did Marathon Petroleum Corporation (MPC) stock move?

MPC rose 2.6% to $383.00. No single company-specific catalyst was confirmed during the move window, and it looks technical.

How much did MPC stock rise?

MPC gained 2.59% ($9.68) versus the prior close of $373.32, last trading at $383.00 on 1.0× average volume.

When is Marathon Petroleum Corporation's next earnings date?

MPC's next earnings report is estimated for 2026-11-03 — about 62 days away.

What is the analyst price target for MPC?

The consensus analyst price target for MPC is $328.33, about 14.3% below the current $383.00. Over the past 90 days, analysts recorded 0 upgrades, 15 maintains, and 0 downgrades.

How BestStocks tracks MPC

This page is generated automatically by BestStocks' change-detection system after price move up was detected and verified against independent data sources. 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 September 2, 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.