MPC Earnings

MPC reported its earnings on 2026-02-03, showcasing a revenue of 33.42B against an estimate of 29.61B, resulting in a 12.87% surprise. The EPS was 4.07, surpassing the expected 2.73 by 49.08%. The stock experienced a 6.03% price change on the earnings day and a 14.75% change over the next five days, reflecting market reactions to the results.

Following MPC's earnings announcement on 2026-02-03, the stock price moved by 6.03% on the day of the release. Over the subsequent five days, it saw a 14.75% change. Historically, MPC's stock price tends to shift by an average of -1.18% in the 10 days leading up to earnings and 2.61% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate MPC's annual revenue to reach 30.02B, while the EPS is projected at 2.81. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates revised downward by -0.56% over the past three months, indicating analyst expectation in the company's performance.

The correlation between MPC's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved revised downward by -0.56%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, MPC's stock price typically moves by -1.18% in the 10 days before its earnings and 2.61% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 2.81 and revenue of 30.02B.

The earnings call summary indicates strong financial performance with increased crude throughput and refinery optimization. The Q&A session reveals positive management sentiment towards Venezuelan crude access and capital discipline. Despite some concerns about USW negotiations and inflation, the overall outlook is optimistic with expected strong refined product demand and strategic project investments. The positive sentiment is further supported by favorable market conditions and capital return plans, suggesting a likely stock price increase in the short term.