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
DateValue
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