Earnings Alerts

Marathon Petroleum (MPC) Earnings: Q1 R&M Margin Exceeds Estimates, Revenue Surpasses Expectations

  • Marathon Petroleum‘s refining and marketing (R&M) margin exceeded expectations, achieving +$13.38 against an estimate of +$12.92.
  • The company reported a loss per share of 24 cents, which was better than the anticipated loss of 43 cents per share.
  • Capital expenditure for the quarter was $776 million.
  • Total throughput was recorded at 2,849 thousand barrels per day (mb/d).
  • Total revenues and other income reached $31.85 billion, surpassing the estimated $30.67 billion.
  • For the second quarter, the company forecasts a total throughput of 2,945 mb/d.
  • Expected direct operating cost per barrel in the second quarter is projected to be $5.30.
  • Future capital spending is projected to be $200 million in 2025, with an additional $575 million in 2026 and 2027.
  • Maryann Mannen, President and CEO, highlighted successful execution of significant planned maintenance and strong commercial performance in the first quarter.
  • Analyst recommendations include 12 buys, 11 holds, and no sells.

Marathon Petroleum on Smartkarma

Analysts at Baptista Research, a prominent provider on Smartkarma, have been closely monitoring Marathon Petroleum Corporation. In a recent report titled “Marathon Petroleum’s $17 Billion Shake-Up Is Just the Beginning – Here’s What’s Powering the Next Surge!”, they highlighted the company’s strategic priorities and financial performance. Marathon Petroleum achieved its lowest OSHA recordable injury rate in 2024 and showed improved environmental metrics, emphasizing a focus on safety and sustainability. With operational cash flow reaching $8.7 billion and significant capital return to shareholders, the company demonstrated strong financial execution.

In another insightful piece by Baptista Research titled “Marathon Petroleum Corporation: Refining Utilization & Operational Excellence To Redefine the Industry! – Major Drivers”, analysts discussed the company’s third-quarter performance, reporting earnings per share of $1.87 and a refining utilization rate of 94%. Marathon Petroleum displayed solid performance in its refining and marketing segment, with a 96% capture rate and improving commercial performance. Despite a slight increase in refining operating costs, attributed to decreased throughputs and higher project expenses, the company’s operational excellence continues to drive its competitiveness in the industry.


A look at Marathon Petroleum Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Marathon Petroleum Corporation, a company that refines, transports, and markets petroleum products to consumers in the mid-west, gulf coast, and southeast United States, has received varying scores across different factors according to Smartkarma Smart Scores. With a strong Growth score of 5 and a Momentum score of 4, Marathon Petroleum seems to have positive indicators for long-term expansion and market performance. The Growth score suggests a potential for robust development, while the Momentum score indicates current market trends favoring the company’s stock.

However, the company’s overall outlook is tempered by lower scores in Value (3), Resilience (2), and Dividend (3). This suggests some concerns regarding the company’s value relative to its stock price, its ability to weather economic uncertainties, and its dividend payouts to shareholders. Investors considering Marathon Petroleum should weigh these factors carefully to make informed decisions about the company’s long-term potential and performance in the petroleum industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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