Marathon Petroleum Tops Q4 Estimates

Marathon Petroleum beats Q4 profit estimates as midstream strength offsets refining weakness
By Tanay Dhumal (Reuters) -Top U.S. refiner Marathon Petroleum on Tuesday posted a 74% drop in fourth-quarter earnings but beat Wall Street estimates, as strength in its midstream segment helped offset a steep decline in refining margins.
Marathon Petroleum Tops Q4 Estimates Despite Lower Refining Margins
Marathon Petroleum Corporation (NYSE:MPC) shares are trading higher after it reported fourth-quarter results. Total revenues and other income of $33.47 billion topped the consensus of $31.12 billion.
Marathon Petroleum Tops Q4 Earnings Estimates Despite Falling Refining Margins
Marathon Petroleum reported higher-than-expected fourth-quarter earnings, driven by strong performance in its midstream and renewable diesel divisions, despite a significant decline in refining margins.
Marathon Petroleum beats fourth quarter profit estimates on midstream strength
Top U.S. refiner Marathon Petroleum beat fourth-quarter profit estimates on Tuesday, as strength in its midstream and renewable diesel segment helped offset a slump in refining margins.
Marathon Petroleum: Q4 Earnings Snapshot
The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share. The refiner posted revenue of $33.47 billion in the period. For the year, the company reported profit of $3.
Marathon Petroleum Corporation Q4 Profit Decreases, But Beats Estimates
Marathon Petroleum Corporation (MPC) released a profit for fourth quarter that decreased from the same period last year but beat the
Marathon Petroleum beats fourth quarter profit estimates
Refiner Marathon Petroleum beat fourth-quarter profit estimates on Tuesday, helped by strength in its midstream segment.On an adjusted basis, the company reported a profit of 77 cents per share in the quarter,
Marathon Petroleum 4Q Profit, Revenue Fall
Marathon Petroleum reported a steep decline in profit for the fourth quarter, and revenue fell in line with analyst expectations. The refiner, transporter and marketer of petroleum products posted on Tuesday a fall in net income to $371 million,
Marathon Petroleum: Q4 EPS, Revenue Fall
Marathon Petroleum saw revenue and earnings fall year over year in Q4, leading to a significant profit decline.
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