Stock AnalizMarathon Petroleum (MPC) earnings for the quarter ended September 2026: EPS beats estimates
Marathon Petroleum reported results for the quarter ended September 2026 on November 3, 2026. Adjusted earnings per share came in at $26.93 against the analysts’ average forecast of $26.00, a beat of 3.6%.
Revenue for the quarter was $56.49 billion, up 62.3% from $34.81 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 8.8% on the first trading day after the report.
The last four quarters
Marathon Petroleum has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $26.93 | $26.00 | +3.6% | +62% | −8.8% |
| Jun 2026 | $17.73 | $13.95 | +27.1% | +54% | −3.0% |
| Mar 2026 | $1.65 | $0.75 | +120.6% | +9% | −2.7% |
| Dec 2025 | $4.07 | $2.71 | +50.1% | −2% | +10.8% |
What comes next
Analysts expect EPS of $23.43 for the next quarter on average and $68.85 for the fiscal year ending December 31, 2026.
The average analyst price target is $461.94, 11% above the current price of $414.65.
Valuation and score
Marathon Petroleum scores 3.0 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 8.1, and its intrinsic value under moderate assumptions is about 14% below the current market value. Full Marathon Petroleum analysis with 10 years of financials
Frequently asked questions
What was Marathon Petroleum’s EPS for the quarter ended September 2026?
$26.93 adjusted per share, against an analyst consensus of $26.00.
How much revenue did Marathon Petroleum report?
$56.49 billion, up 62.3% year over year.
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This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.