Marathon Petroleum: Q4 Earnings Snapshot

FINDLAY, Ohio (AP) _ Marathon Petroleum Corp. (MPC) on Tuesday reported fourth-quarter earnings of $3.32 billion.On a per-share basis, the Findlay,...

January 31, 2023
12:13 PM

FINDLAY, Ohio (AP) _ Marathon Petroleum Corp. (MPC) on Tuesday reported fourth-quarter earnings of $3.32 billion.On a per-share basis, the Findlay, Ohio-based company said it had net income of $7.09. Earnings, adjusted for one-time gains and costs, were $6.65 per share.AdvertisementArticle continues below this adThe results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $5.54 per share.The refiner posted revenue of $40.