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...

About The Companies

Marathon Petroleum (MPC)

Marathon Petroleum Corporation (MPC) is a large US downstream energy company focused on refining, marketing and midstream logistics, with a market capitalisation of about $55.60 billion. Investors should know MPC’s earnings are driven largely by refining margins, throughput volumes and the price of crude oil, while its midstream businesses provide fee-based cash flows and logistical scale. The company operates one of the country’s largest refining systems and sells transportation fuels under well-known retail brands. Key investment considerations include sensitivity to cyclical oil markets, changes in fuel demand, regulatory and environmental pressures, and capital intensity of the business. MPC has historically returned cash via dividends and buybacks, but distributions depend on cash flow and board decisions. This summary is educational only, not personal advice — values can rise and fall and past performance is no guarantee of future results. Investors should assess suitability for their objectives and consider further research or professional advice.

EOG Resources (EOG)

EOG Resources, Inc. is a large US-based independent oil and gas exploration and production company with a market capitalisation of about $57.9bn. The business focuses largely on onshore shale plays and produces a high proportion of liquids (crude oil and natural gas liquids). Management highlights capital discipline, cash-flow generation and shareholder returns through dividends and buybacks, while investing in efficient development of its acreage. Investors should be aware that revenue, earnings and cash flow are highly sensitive to commodity price swings and production changes. Other considerations include regulatory and environmental pressures, operational execution risks, and the cyclical nature of the energy industry. This summary is for general educational purposes only and is not personalised investment advice. Energy stocks can be volatile and past performance is not a reliable guide to future results; suitability depends on your individual circumstances and you may wish to consult a regulated adviser.

Comparison Snapshot

Key Financial Metrics

MPC

Metric

EOG

$56.25B

Market Cap

$59.42B

8.88%

Potential Profit

24.56%

Buy

Analyst Rating

Buy

Why It's Moving

Marathon Petroleum's Q1 Earnings Reflect Strategic Growth Amid Margin Pressures

Q1 2025 adjusted EBITDA dropped to $2.0 billion from $3.3 billion a year ago, reflecting the second largest planned maintenance quarter and softer refining margins at $13.38 per barrel versus $19.35 previously.
Midstream segment EBITDA grew 8%, supported by expansions in Permian to Gulf Coast pipelines and investments in natural gas and NGL infrastructure, underpinning growth in producer demand.
Returned $1.3 billion to shareholders in Q1; reaffirmed $1.25 billion 2025 capital plan focused 70% on high-return projects at key refineries and midstream expansions, aiming for mid-single-digit MPLX EBITDA growth and increased distributions.

Sentiment:

⚖️Neutral

EOG Resources Surpasses Q3 Free Cash Flow Expectations Amid Strategic Expansion and Strong Market Outlook

Q3 free cash flow of $1.4 billion exceeded guidance, driven by operational excellence and cost control.
Successful acquisition of Encino enhances production mix and accelerates cash flow growth potential.
Outlook highlights sustained support for oil prices due to tightening spare capacity and rising LNG demand, supporting long-term value creation.

Sentiment:

🐃Bullish

Marathon Petroleum's Q1 Earnings Reflect Strategic Growth Amid Margin Pressures

Q1 2025 adjusted EBITDA dropped to $2.0 billion from $3.3 billion a year ago, reflecting the second largest planned maintenance quarter and softer refining margins at $13.38 per barrel versus $19.35 previously.
Midstream segment EBITDA grew 8%, supported by expansions in Permian to Gulf Coast pipelines and investments in natural gas and NGL infrastructure, underpinning growth in producer demand.
Returned $1.3 billion to shareholders in Q1; reaffirmed $1.25 billion 2025 capital plan focused 70% on high-return projects at key refineries and midstream expansions, aiming for mid-single-digit MPLX EBITDA growth and increased distributions.

Sentiment:

⚖️Neutral

EOG Resources Surpasses Q3 Free Cash Flow Expectations Amid Strategic Expansion and Strong Market Outlook

Q3 free cash flow of $1.4 billion exceeded guidance, driven by operational excellence and cost control.
Successful acquisition of Encino enhances production mix and accelerates cash flow growth potential.
Outlook highlights sustained support for oil prices due to tightening spare capacity and rising LNG demand, supporting long-term value creation.

Sentiment:

🐃Bullish

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

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Oil & 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

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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 Basket

Oil & 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 Basket

Investment Analysis