MPC Earnings Prediction
The chart below shows how MPC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MPC sees a -1.48% change in stock price 10 days leading up to the earnings, and a +0.16% change 10 days following the report. On the earnings day itself, the stock moves by +1.65%. This data can give you a slight idea of what to expect for the next quarter's release.
MPC Key Earning Data
MPC Earnings Analysis
Positive
Earnings Surprise Q4 2024: Marathon Petroleum Corporation reported an adjusted EPS of $0.77 for Q4 2024, significantly exceeding expectations of $0.02199.
Refining Segment Profitability: The refining and marketing segment achieved an adjusted EBITDA per barrel of $5.33 for the full year, reflecting strong operational performance and profitability.
Quarterly Distribution Increase: MPLX increased its quarterly distribution by 12.5%, resulting in an annualized cash distribution to MPC of $2.5 billion, marking the third consecutive year of distribution growth of 10% or greater.
Capital Return Yield: Full year net cash from operations reached $8.7 billion, enabling a capital return of $10.2 billion, which translates to a 23% capital return yield for shareholders.
Cash Flow and Shareholder Returns: Operating cash flow for Q4 was $1.7 billion, contributing to nearly $1.3 billion in share repurchases and $292 million in dividends during the quarter.
Negative
EBITDA Decline Analysis: Adjusted EBITDA decreased by approximately $400 million sequentially, primarily due to lower results in the refining and marketing segment.
Rising Refining Operating Costs: Refining operating costs increased to $5.26 per barrel in the fourth quarter, reflecting higher expenses despite a decrease in refining margins.
Decline in Adjusted EBITDA: Refining & marketing segment adjusted EBITDA per barrel dropped to $2.03 for the quarter, indicating a decline in profitability compared to previous periods.
Turnaround Expense Projections: Projected turnaround expenses for the first quarter are expected to be approximately $450 million, with full-year expenses anticipated to remain high at around $1.4 billion.
Crude Throughput Decline: Crude throughput volumes are projected to decline to just over 2.5 million barrels per day in the first quarter, representing a utilization rate of only 85%.
MPC FAQs
How does MPC typically perform around its earnings report dates?
MPC's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a -1.48% change leading up to the report and a +0.16% change in the 10 days following the release.
Is Marathon Petroleum Corp (MPC) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
MPC Earning Call Sentiment
Marathon Petroleum Corporation (NYSE:MPC) Q4 2024 Earnings Call Transcript
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