Marathon Petroleum
About: Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 3.0 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility has the ability to produce 730 million gallons a year of renewable diesel. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.
Employees: 18,300
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
28% more call options, than puts
Call options by funds: $484M | Put options by funds: $378M
24% more first-time investments, than exits
New positions opened: 138 | Existing positions closed: 111
1.21% more ownership
Funds ownership: 73.39% [Q4 2024] → 74.6% (+1.21%) [Q1 2025]
0% less funds holding
Funds holding: 1,525 [Q4 2024] → 1,524 (-1) [Q1 2025]
1% less capital invested
Capital invested by funds: $33.5B [Q4 2024] → $33.1B (-$342M) [Q1 2025]
13% less funds holding in top 10
Funds holding in top 10: 8 [Q4 2024] → 7 (-1) [Q1 2025]
23% less repeat investments, than reductions
Existing positions increased: 482 | Existing positions reduced: 625
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Scotiabank Paul Cheng | 0%upside $180 | Sector Outperform Maintained | 11 Jul 2025 |
Barclays Theresa Chen | 5%upside $189 | Overweight Maintained | 11 Jul 2025 |
UBS Manav Gupta | 13%upside $203 | Buy Maintained | 10 Jul 2025 |
Piper Sandler Ryan Todd | 3%downside $175 | Neutral Maintained | 10 Jul 2025 |
Wells Fargo Roger Read | 14%upside $205 | Overweight Maintained | 10 Jul 2025 |
Financial journalist opinion
Based on 8 articles about MPC published over the past 30 days









