Barclays lifts target for Marathon Petroleum stock to USD 488.00
Published on 10/13/2026 at 15:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBarclays target and reporting date
- Barclays raised its Marathon Petroleum target from USD 321.00 to USD 488.00 on October 12, 2026.
- Marathon Petroleum will report third-quarter financial results on November 3, 2026.
- Marathon Petroleum stock costs EUR 419.00 at Lang & Schwarz on October 13, 2026 at 3:38 p.m. CEST, plus 1.51 percent versus the Xetra close of October 12, 2026.
- The price-to-earnings ratio is 16.01 and the dividend yield is 1.00 percent.
Barclays raised its Marathon Petroleum target from USD 321.00 to USD 488.00 on October 12, 2026, while keeping an Overweight rating, according to Markets Insider. Against the NYSE quote of USD 470.50 on October 13, 2026, the new target stands 3.72 percent above the share price. Marathon Petroleum was trading at EUR 419.00 at Lang & Schwarz on October 13, 2026 at 3:38 p.m. CEST, up 1.51 percent versus the Xetra close of October 12, 2026 at EUR 412.75.
Results date is November 3
Marathon Petroleum will discuss its 2026 third-quarter financial results on November 3, 2026, at 11:00 a.m. EST. The date comes from the company's release dated September 17, 2026, published on its investor-relations site, Marathon Petroleum. The upcoming report is the next scheduled company event in the available calendar.
Stock sits below its yearly high
The Lang & Schwarz price of EUR 419.00 is EUR 2.95 below the 52-week high of EUR 421.95, a gap of 0.70 percent. The 52-week range runs from EUR 110.36 to EUR 421.95 as of October 13, 2026, placing the stock close to the upper end of its annual range.
Marathon Petroleum operates refining, retail and midstream businesses. Its refining system has crude oil capacity of approximately 3 million barrels per day across 13 refineries, while its Marathon and ARCO brands serve retail fuel customers in the United States.
Valuation leaves results as the next test
Marathon Petroleum carried a market capitalization of EUR 119.0 billion and a price-to-earnings ratio of 16.01 on October 13, 2026. The dividend yield was 1.00 percent, giving the scheduled November report a clear valuation reference without turning the figures into a forecast.
Comparison with peers
Market figures below are dated October 13, 2026.
Marathon Petroleum: plus 1.51 percent, P/E 16.01, market capitalization EUR 119.0 billion
Valero (NYSE, USD): plus 2.99 percent, P/E 18.63, market capitalization USD 129.3 billion
Phillips 66 (NYSE, USD): plus 2.38 percent, P/E 16.40, market capitalization USD 115.5 billion
Target and price position
Barclays' USD 488.00 target is 3.72 percent above the NYSE price of USD 470.50 on October 13, 2026. At Lang & Schwarz, Marathon Petroleum was trading at EUR 419.00 on October 13, 2026 at 3:38 p.m. CEST, plus 1.51 percent versus the Xetra close of October 12, 2026 at EUR 412.75. The further course of trading is shown by the continuously updated real-time quote of Marathon Petroleum stock.
Marathon Petroleum market data
- Company: Marathon Petroleum Corporation
- ISIN: US56585A1025
- Ticker: MPC
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 13, 2026, 3:38 p.m. CEST): EUR 419.00
- Change versus Xetra close (October 12, 2026): plus 1.51 percent
- Xetra close (October 12, 2026): EUR 412.75
- Market capitalization: EUR 119.0 billion (as of October 13, 2026)
- 52-week range: EUR 110.36-EUR 421.95 (as of October 13, 2026)
- Sector / Industry: Energy / Oil and Gas Refining and Marketing
- Next earnings date: November 3, 2026
Market context: Market report S&P 500.
