Marathon Petroleum (MPC) Short-term Investments (2010 - 2024)
Marathon Petroleum (MPC) reported Short-term Investments of $1.14 billion for Q3 2024, down 75.2% from $4.6 billion a year earlier and down 71.9% from the prior quarter.
Marathon Petroleum (MPC) Short-term Investments (2010 - 2024) Analysis & Trends
At the end of FY2023, Marathon Petroleum posted Short-term Investments of $4.78 billion, up 52.0% from FY2022.
- By year, Short-term Investments came in at $3.15 billion in FY2022 (-43.3%) and $5.55 billion in FY2021.
- The Q3 2024 figure ranks as the lowest quarterly Short-term Investments in data going back to Q4 2010.
- Year over year, Short-term Investments gained in four of the last eight quarters, with an average decline of 2.6%.
- The high point for year-over-year Short-term Investments in five years was Q4 2023 (growth of 52.0%); the low point was Q3 2024 (a decline of 75.2%).
- Per Business Quant data, the three quarters before Q3 2024 came in at $4.06 billion (Q2 2024), $4.4 billion (Q1 2024) and $4.78 billion (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marathon Petroleum | 137.97 Bn | 121.73 Bn | 9.27 Bn |
| 2 | Valero Energy | 134.23 Bn | 111.17 Bn | 5.47 Bn |
| 3 | HF Sinclair | 23.03 Bn | 17.20 Bn | 1.57 Bn |
| 4 | PBF Energy | 10.79 Bn | 8.35 Bn | 1.15 Bn |
| 5 | Sunoco | 10.43 Bn | 4.80 Bn | 1.46 Bn |
| 6 | Ultrapar Holdings | 8.35 Bn | 1.76 Bn | 912.61 Mn |
| 7 | Cvr Energy | 6.36 Bn | 3.93 Bn | 117.00 Mn |
| 8 | Delek US Holdings | 4.96 Bn | 2.45 Bn | 365.10 Mn |
| 9 | Icahn Enterprises | 4.49 Bn | -1.27 Bn | - |
| 10 | Par Pacific Holdings | 4.36 Bn | 3.68 Bn | 852.68 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 1.14 Bn |
| Jun 30, 2024 | 4.06 Bn |
| Mar 31, 2024 | 4.40 Bn |
| Dec 31, 2023 | 4.78 Bn |
| Sep 30, 2023 | 4.60 Bn |
| Jun 30, 2023 | 4.11 Bn |
| Mar 31, 2023 | 3.49 Bn |
| Dec 31, 2022 | 3.15 Bn |
| Sep 30, 2022 | 3.76 Bn |
| Jun 30, 2022 | 4.24 Bn |
| Mar 31, 2022 | 3.45 Bn |
| Dec 31, 2021 | 5.55 Bn |
| Sep 30, 2021 | 7.35 Bn |
| Jun 30, 2021 | 5.42 Bn |
| Dec 31, 2010 | 2.40 Bn |
Marathon Petroleum Short-term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=short-term-investments&ticker=MPC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "ticker": "MPC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=short-term-investments&ticker=MPC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();