Core Viewpoint - Marathon Petroleum's stock performance has outpaced the broader market, with a recent gain of 6.03% compared to the Oils-Energy sector's loss of 3.19% and the S&P 500's gain of 5.88% [1][2] Financial Performance - The upcoming earnings report is expected to show an EPS of $3.18, reflecting a 22.82% decline year-over-year, with projected revenue of $30.91 billion, down 19.43% from the prior-year quarter [2] - For the entire year, earnings are forecasted at $7.08 per share and revenue at $124.6 billion, indicating declines of 25.55% and 11.26% respectively compared to the previous year [3] Analyst Estimates - Recent changes in analyst estimates are crucial as they reflect the shifting dynamics of the business [4] - The Zacks Rank system, which incorporates these estimate changes, currently ranks Marathon Petroleum at 3 (Hold) [6] Valuation Metrics - Marathon Petroleum has a Forward P/E ratio of 24.74, which is higher than the industry's Forward P/E of 17.68 [7] - The company also has a PEG ratio of 3.39, compared to the industry average of 1.64, indicating a premium valuation relative to expected earnings growth [7] Industry Context - The Oil and Gas - Refining and Marketing industry is currently ranked 198 out of over 250 industries, placing it in the bottom 20% [8] - The Zacks Industry Rank suggests that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Investment Returns - The total return on the Fund's net asset value for the first half of 2025 was 2.3%, with dividends and capital gains reinvested [1] - The S&P Energy Sector and the S&P 500 Materials Sector had returns of 0.8% and 6.0%, respectively, while the benchmark (S&P 500 Energy Sector 80% and S&P 500 Materials Sector 20%) returned 1.8% [1] - The total return on the Fund's market price for the same period was 3.1% [1] Annualized Comparative Returns - For the 1-year period, the Fund's net asset value (NAV) decreased by 2.2%, while the market price increased by 1.7% [4] - Over 3 years, the NAV returned 10.7% and the market price returned 12.3% [4] - The 5-year returns were 21.2% for NAV and 22.1% for market price, while the 10-year returns were 6.1% for NAV and 6.8% for market price [4] Net Asset Value - As of June 30, 2025, the Fund's net assets were $634.74 million, down from $689.99 million a year earlier [6] - The number of shares outstanding increased to 26,888,697 from 25,453,641 [6] - The net asset value per share decreased to $23.61 from $27.11 [6] Largest Equity Portfolio Holdings - The top ten equity holdings accounted for 62.9% of net assets, with Exxon Mobil Corporation at 22.7% and Chevron Corporation at 11.5% [7] - Other significant holdings included ConocoPhilips (5.3%), Linde plc (4.7%), and EOG Resources, Inc. (3.8%) [7] Industry Weightings - The Fund's net assets were allocated primarily to the energy sector, with Integrated Oil & Gas at 35.1% and Exploration & Production at 19.8% [9] - Other allocations included Storage & Transportation (11.6%), Chemicals (13.6%), and Metals & Mining (3.6%) [10]

Core Viewpoint - Marathon Petroleum (MPC) has been a highly searched stock, indicating potential interest and volatility in its performance [1] Group 1: Stock Performance - Over the past month, Marathon Petroleum shares have returned +4.9%, slightly underperforming the Zacks S&P 500 composite's +5.1% and the Zacks Oil and Gas - Refining and Marketing industry's +6.9% [2] - The future direction of the stock is uncertain, influenced by both media reports and fundamental factors that drive long-term investment decisions [2] Group 2: Earnings Estimates - The expected earnings for the current quarter are $3.42 per share, reflecting a year-over-year decline of -17% [5] - The consensus earnings estimate for the current fiscal year is $6.98, indicating a year-over-year change of -26.6% [5] - For the next fiscal year, the consensus earnings estimate is $11.49, representing a significant increase of +64.6% from the previous year [6] Group 3: Revenue Growth - The consensus sales estimate for the current quarter is $30.91 billion, showing a year-over-year decline of -19.4% [11] - The revenue estimates for the current and next fiscal years are $124.6 billion and $122.6 billion, indicating changes of -11.3% and -1.6%, respectively [11] Group 4: Recent Results and Surprises - In the last reported quarter, Marathon Petroleum generated revenues of $31.85 billion, a year-over-year decrease of -4.1% [12] - The EPS for the same period was -$0.24, compared to $2.78 a year ago, but the company beat the Zacks Consensus Estimate for revenues by +5.86% and for EPS by +61.9% [12][13] Group 5: Valuation - Marathon Petroleum's valuation metrics suggest it is trading at a discount to its peers, receiving a Zacks Value Style Score of B [17] - The assessment of valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) is crucial for determining the stock's intrinsic value [15][16] Group 6: Conclusion - The information presented may assist in evaluating the market interest surrounding Marathon Petroleum, with a Zacks Rank of 3 indicating it may perform in line with the broader market in the near term [18]

Company Insights - Marathon Petroleum Corporation (MPC) reported first-quarter total revenues and other income of $31.85 billion, exceeding the consensus estimate of $29.58 billion [1] - The adjusted EPS loss for Marathon Petroleum was $(0.24), an improvement from $(2.58) a year earlier, and better than the analyst consensus estimate of $(0.53) [1] - Aurora Innovation posted a first-quarter GAAP loss of 12 cents per share, which was in line with estimates [2] - QXO, Inc. proposed to acquire GMS for $95.20 per share in cash [2] - Toast (TOST) received a Buy rating from Truist Securities analyst Matthew Coad, with a price target of $48 [3] Stock Performance - Marathon Petroleum shares increased by 1.1% to settle at $167.52 [6] - Aurora Innovation shares rose by 2.1% to close at $5.40 [6] - QXO shares gained 1.4% to settle at $24.12 [6] - Toast shares experienced a 2.4% increase, closing at $42.49 [6]

Company Performance - Marathon Petroleum's stock increased by 1.13% to $167.57, outperforming the S&P 500's daily gain of 0.8% [1] - Over the last month, Marathon Petroleum's shares rose by 4.46%, compared to the Oils-Energy sector's gain of 3.8% and the S&P 500's gain of 5.12% [1] Earnings Projections - The company is expected to report earnings of $3.38 per share on August 5, 2025, reflecting a year-over-year decline of 17.96% [2] - The Zacks Consensus Estimate for revenue is projected at $30.91 billion, down 19.43% from the previous year [2] - For the entire fiscal year, earnings are projected at $6.95 per share and revenue at $124.6 billion, representing declines of 26.92% and 11.26%, respectively [3] Analyst Estimates - Recent modifications to analyst estimates for Marathon Petroleum indicate shifting short-term business dynamics, with positive revisions suggesting a favorable outlook on business health and profitability [4] - The Zacks Rank system, which assesses these estimate changes, currently ranks Marathon Petroleum at 3 (Hold) [6] Valuation Metrics - Marathon Petroleum has a Forward P/E ratio of 23.84, indicating a premium compared to its industry's Forward P/E of 17.55 [7] - The company has a PEG ratio of 3.27, while the average PEG ratio for the Oil and Gas - Refining and Marketing industry is 1.57 [7] Industry Context - The Oil and Gas - Refining and Marketing industry is ranked 149 in the Zacks Industry Rank, placing it in the bottom 40% of over 250 industries [8]

Group 1 - Madison Pacific Properties Inc. held its Annual General Meeting on June 19, 2025, in Vancouver, British Columbia [1] - Five nominees were re-elected as directors with overwhelming support, each receiving 99.99% of the votes for their re-election [1] - PricewaterhouseCoopers LLP was re-appointed as the auditor for Madison Pacific Properties Inc. [1] Group 2 - Madison Pacific Properties Inc. is a real estate company based in Vancouver [2]

Core Viewpoint - Marathon Petroleum Corporation (MPC) is set to host a conference call on August 5, 2025, to discuss its second-quarter financial results for 2025 [1]. Group 1: Conference Call Details - The conference call will take place at 11 a.m. EDT [1]. - Interested parties can listen to the call via MPC's website, where a replay will be available for two weeks [2]. Group 2: Company Overview - Marathon Petroleum is a leading integrated downstream and midstream energy company based in Findlay, Ohio [3]. - The company operates the largest refining system in the United States and has a marketing system that includes branded retail locations [3]. - MPC owns the general partner and majority limited partner interest in MPLX LP, which operates gathering, processing, and transportation assets [3].

A month has gone by since the last earnings report for Marathon Petroleum (MPC) . Shares have added about 8.5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Marathon Petroleum due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Th ...

Group 1 - The article discusses the focus on building a solid dividend portfolio within sectors such as oil and gas, shipping, energy, and minerals [1] - The individual investor is investing personal funds and does not represent any investment firm or company [1] - The investor holds a formal qualification of an MSc in Business with a major in Finance [1] Group 2 - There is a disclosure stating that the analyst has no stock, option, or similar derivative positions in any mentioned companies and no plans to initiate such positions in the near future [2] - The article expresses the author's personal opinions and is not compensated beyond the platform it is published on [2] - The disclosure emphasizes that past performance does not guarantee future results and that no investment recommendations are being made [3]

Core Viewpoint - The Zacks Oil and Gas - Refining & Marketing industry is experiencing a paradox where strong fundamentals coexist with weak refining margins and market sentiment, primarily due to economic slowdown concerns and regulatory uncertainties [1][3][4]. Industry Overview - The industry includes companies that sell refined petroleum products and operate terminals, storage facilities, and transportation services, with refining margins being highly volatile and influenced by various factors such as inventory levels and capacity utilization [2]. Trends Defining the Industry's Future - Despite healthy demand for diesel and gasoline, refining margins have not met expectations, indicating a disconnect likely driven by macroeconomic concerns [3]. - The transition from the Blenders' Tax Credit to the Production Tax Credit has negatively impacted renewable diesel profitability, leading to reduced output and uncertainty regarding future recovery [4]. Long-Term Outlook - The refining industry is positioned for a favorable mid-cycle environment, supported by structural advantages in the U.S. market, including access to domestic crude and low-cost inputs [5]. - Marathon Petroleum anticipates continued global demand growth for refined products, despite upcoming capacity reductions in the U.S. and Europe [5]. Industry Performance - The Zacks Oil and Gas - Refining & Marketing industry ranks 139 out of 245 Zacks industries, placing it in the bottom 43% and indicating dull near-term prospects [6][7]. - The industry's earnings estimates for 2025 and 2026 have decreased by 38.3% and 19.7%, respectively, over the past year, reflecting a negative outlook [9]. Comparative Performance - Over the past year, the industry has underperformed compared to the broader Zacks Oil - Energy Sector and the S&P 500, with a decline of 16.9% versus an 8.2% decrease for the sector and a 12.5% gain for the S&P 500 [10]. Current Valuation - The industry is currently trading at an EV/EBITDA ratio of 3.76X, significantly lower than the S&P 500's 16.65X and the sector's 4.59X, indicating a potentially undervalued position [14]. Stocks in Focus - **Marathon Petroleum**: A leading independent refiner with a market cap of $48.7 billion, known for strong cash flow generation and shareholder returns, though shares have lost 9% in the past year [18][19]. - **Phillips 66**: Operates 13 refineries with a total capacity of 2.2 million barrels per day, shares have decreased by 19% in the past year [21][22]. - **Valero Energy**: The largest independent refiner in the U.S. with a capacity of 3.2 million barrels per day, shares have lost 18% in the past year [25][27]. - **Galp Energia**: A Portuguese firm with a market cap of $11.3 billion, shares have decreased by 25% in the past year [28][29].