Marathon Petroleum (MPC) Short-term Investments (2010 - 2024)
Marathon Petroleum (MPC) posted Short-term Investments of $1.1 billion for Q3 2024, down 71.88% sequentially from $4.1 billion in Q2 2024, and down 75.22% YoY from $4.6 billion in Q4 2023.
Marathon Petroleum (MPC) Short-term Investments (2010 - 2024) Analysis & Trends
Marathon Petroleum has reported Short-term Investments for 5 years, with the latest figure at $1.1 billion in Q3 2024.
- Quarterly Short-term Investments fell 75.22% year-over-year to $1.1 billion in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $1.1 billion (down 75.22% YoY) and the FY2023 annual result came in at $4.8 billion, up 52.02% from the prior year.
- Short-term Investments slipped to $1.1 billion in Q3 2024 per MPC's latest filing, from $4.1 billion in the prior quarter.
- Over five years, Short-term Investments peaked at $7.4 billion in Q3 2021 and troughed at $1.1 billion in Q3 2024.
- A 4-year average of $4.2 billion and a median of $4.2 billion in 2022 frame the typical range for Short-term Investments.
- The sharpest annual moves came in 2023 and 2024: Short-term Investments soared 52.02% in 2023, then tumbled 75.22% in 2024.
- Over 4 years, Short-term Investments stood at $5.5 billion in 2021, then plunged by 43.31% to $3.1 billion in 2022, then jumped by 52.02% to $4.8 billion in 2023, then sank by 76.13% to $1.1 billion in 2024.
- According to Business Quant data, Short-term Investments over the past three periods registered $1.1 billion, $4.1 billion, and $4.4 billion for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marathon Petroleum | 96.32 Bn | 88.55 Bn | 9.27 Bn |
| 2 | Valero Energy | 95.07 Bn | 87.20 Bn | 5.47 Bn |
| 3 | Phillips 66 | 89.44 Bn | 85.34 Bn | 8.38 Bn |
| 4 | HF Sinclair | 15.59 Bn | 13.33 Bn | 1.57 Bn |
| 5 | Sunoco | 10.15 Bn | 9.38 Bn | 1.46 Bn |
| 6 | PBF Energy | 8.21 Bn | 7.31 Bn | 1.15 Bn |
| 7 | Cosan | 6.57 Bn | 1.46 Bn | 552.94 Mn |
| 8 | Ultrapar Holdings | 6.37 Bn | 4.65 Bn | 603.08 Mn |
| 9 | Icahn Enterprises | 5.05 Bn | 3.08 Bn | 198.00 Mn |
| 10 | Delek US Holdings | 3.93 Bn | 3.30 Bn | 365.10 Mn |
Historic Data
Download 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 |