Marathon Petroleum vs EOG Resources
Marathon Petroleum Corporation and EOG Resources, Inc. This page compares their business models, financial performance, and market context in a neutral, accessible way. It explains how each company operates, the markets they serve, and the drivers behind their results, without making recommendations. Educational content, not financial advice.
Marathon Petroleum Corporation and EOG Resources, Inc. This page compares their business models, financial performance, and market context in a neutral, accessible way. It explains how each company op...
Why It's Moving
Marathon Petroleum boosts shareholder payouts with $1.00 dividend ahead of pivotal Q4 earnings.
- Dividend maintenance at $1.00 per share underscores robust free cash flow generation, supporting MPC's track record of returning value to investors.
- Refining margins climbed to $17.60 per barrel, up from last year, positioning MPC to capitalize on tight industry capacity despite turnaround costs.
- Upcoming earnings under new CFO Maria Khoury spotlight Garyville refinery's potential to process 20-30% of rising Venezuelan heavy crude exports.
EOG Resources Gains Traction as Analysts Eye Undervaluation Amid Oil Sector Shifts.
- Stock up 3.5% in the past week and 6.8% year-to-date, outpacing the S&P 500 amid broader energy sector repricing.
- Analysts trimmed price targets citing oil supply glut and softer 2026 WTI forecasts at $60/barrel, but maintain positive ratings on data center-driven natgas demand.
- Recent DCF models peg EOG as 55.9% undervalued at current levels around $112, fueled by $4.1B trailing free cash flow projections.
Marathon Petroleum boosts shareholder payouts with $1.00 dividend ahead of pivotal Q4 earnings.
- Dividend maintenance at $1.00 per share underscores robust free cash flow generation, supporting MPC's track record of returning value to investors.
- Refining margins climbed to $17.60 per barrel, up from last year, positioning MPC to capitalize on tight industry capacity despite turnaround costs.
- Upcoming earnings under new CFO Maria Khoury spotlight Garyville refinery's potential to process 20-30% of rising Venezuelan heavy crude exports.
EOG Resources Gains Traction as Analysts Eye Undervaluation Amid Oil Sector Shifts.
- Stock up 3.5% in the past week and 6.8% year-to-date, outpacing the S&P 500 amid broader energy sector repricing.
- Analysts trimmed price targets citing oil supply glut and softer 2026 WTI forecasts at $60/barrel, but maintain positive ratings on data center-driven natgas demand.
- Recent DCF models peg EOG as 55.9% undervalued at current levels around $112, fueled by $4.1B trailing free cash flow projections.
Investment Analysis
Pros
- Marathon Petroleum reported a significant revenue beat in Q3 2025, with revenue approximately $35.85 billion, nearly $3 billion above forecasts.
- The company has a diversified business with refining, marketing, midstream, and renewable diesel operations across multiple US regions.
- Management is optimistic about sustained strong refining margins due to demand strength, low inventory levels, constrained supply, and improving differentials.
Considerations
- Q3 2025 adjusted earnings per share of $3.01 missed analyst expectations of $3.18, causing negative market reaction and share price decline.
- The stock appears overvalued to some analysts despite strong revenue, with recent earnings disappointment raising concerns about profitability trends.
- Marathon’s share price has shown short-term declines and forecast models predict a slight decrease over the next year, indicating potential price headwinds.
Pros
- EOG Resources maintains strong operational efficiency and profitability in upstream exploration and production activities.
- The company benefits from a substantial resource base and reserves, supporting long-term production growth potential.
- EOG has a history of maintaining a robust balance sheet with solid liquidity, supporting capital expenditures and shareholder returns.
Considerations
- EOG Resources is exposed to commodity price volatility, which can lead to earnings unpredictability in volatile oil and gas markets.
- The company’s upstream focus makes it more sensitive to regulatory changes and environmental policies impacting fossil fuel production.
- Recent stock performance has been more volatile and shows larger drawdowns compared to some integrated downstream peers, indicating higher risk.
Related Market Insights
OPEC+'s Bold Gambit: Why Lower Oil Prices Could Spark a Market Revolution
OPEC+'s strategic oil production increase creates opportunities. Invest in fuel-dependent airlines & refiners benefiting from lower costs with Nemo's Oil Price Shift Neme.
Aimee Silverwood | Financial Analyst
September 9, 2025
Energy Giants Under Pressure: Why Oil & Gas Stocks Still Matter
Explore why oil & gas stocks remain vital. Discover how energy giants like Exxon & Chevron adapt with carbon capture. Invest in the Oil & Gas Neme on Nemo, starting from $1.
Aimee Silverwood | Financial Analyst
July 25, 2025
Related Market Insights
OPEC+'s Bold Gambit: Why Lower Oil Prices Could Spark a Market Revolution
OPEC+'s strategic oil production increase creates opportunities. Invest in fuel-dependent airlines & refiners benefiting from lower costs with Nemo's Oil Price Shift Neme.
Aimee Silverwood | Financial Analyst
September 9, 2025
Energy Giants Under Pressure: Why Oil & Gas Stocks Still Matter
Explore why oil & gas stocks remain vital. Discover how energy giants like Exxon & Chevron adapt with carbon capture. Invest in the Oil & Gas Neme on Nemo, starting from $1.
Aimee Silverwood | Financial Analyst
July 25, 2025
Marathon Petroleum (MPC) Next Earnings Date
Marathon Petroleum (MPC) will release its fourth-quarter 2025 and full-year financial results on February 3, 2026 before market open. Analysts are anticipating earnings per share of approximately $2.72 to $2.73, with revenue expected to decline 5.6% sequentially to $32.86 billion. This earnings report will also mark the first major financial disclosure under new CFO Maria A. Khoury, who assumed her position on January 19, 2026.
EOG Resources (EOG) Next Earnings Date
EOG Resources is scheduled to report its fourth quarter and full year 2025 earnings on February 25, 2026, with a webcast and conference call beginning at 10:00 AM EST. The earnings report will cover the fiscal quarter ending December 2025. This upcoming announcement represents the company's final quarterly results for the 2025 fiscal year, following a pattern of reporting earnings approximately 7-8 weeks after quarter-end.
Marathon Petroleum (MPC) Next Earnings Date
Marathon Petroleum (MPC) will release its fourth-quarter 2025 and full-year financial results on February 3, 2026 before market open. Analysts are anticipating earnings per share of approximately $2.72 to $2.73, with revenue expected to decline 5.6% sequentially to $32.86 billion. This earnings report will also mark the first major financial disclosure under new CFO Maria A. Khoury, who assumed her position on January 19, 2026.
EOG Resources (EOG) Next Earnings Date
EOG Resources is scheduled to report its fourth quarter and full year 2025 earnings on February 25, 2026, with a webcast and conference call beginning at 10:00 AM EST. The earnings report will cover the fiscal quarter ending December 2025. This upcoming announcement represents the company's final quarterly results for the 2025 fiscal year, following a pattern of reporting earnings approximately 7-8 weeks after quarter-end.
Which Baskets Do They Appear In?
Oil Price Shift Overview: OPEC+ Production Strategy
OPEC+'s decision to increase oil production is set to lower global prices, pressuring U.S. shale producers while defending its own market share. This scenario creates a potential investment opportunity in fuel-dependent sectors like transportation and manufacturing that stand to gain from reduced energy costs.
Published: September 9, 2025
Explore BasketOil & Gas
Fuel up with investment opportunities in the energy markets. This collection features carefully selected stocks from industry giants and innovators, chosen by professional analysts for their potential in the growing $6.93 trillion global oil and gas market.
Published: May 15, 2025
Explore BasketWhich Baskets Do They Appear In?
Oil Price Shift Overview: OPEC+ Production Strategy
OPEC+'s decision to increase oil production is set to lower global prices, pressuring U.S. shale producers while defending its own market share. This scenario creates a potential investment opportunity in fuel-dependent sectors like transportation and manufacturing that stand to gain from reduced energy costs.
Published: September 9, 2025
Explore BasketOil & Gas
Fuel up with investment opportunities in the energy markets. This collection features carefully selected stocks from industry giants and innovators, chosen by professional analysts for their potential in the growing $6.93 trillion global oil and gas market.
Published: May 15, 2025
Explore BasketBuy MPC or EOG in Nemo
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Comparisons
Marathon Petroleum vs Phillips 66
Marathon Petroleum vs Phillips 66
Marathon Petroleum vs Kinder Morgan
Marathon Petroleum vs Kinder Morgan: A stock comparison
Marathon Petroleum vs Eni
Marathon Petroleum vs Eni