Marathon Petroleum Tops Q3 Earnings, Boosts Stock Buyback
Independent oil refiner and marketer Marathon Petroleum Corporation MPC reported third-quarter adjusted earnings per share of $1.87, which comfortably beat the Zacks Consensus Estimate of 97 cents. The outperformance primarily reflects the stronger-than-expected performance of its Refining & Marketing segment.
Marathon Petroleum (MPC) Q3 2024 Earnings Call Transcript
Marathon Petroleum (NYSE: MPC) Q3 2024 Earnings Call Nov 05, 2024, 11:00 a.m. ET Welcome to the MPC third-quarter 2024 earnings call. My name is Sheila, and I will be your operator for today's call. [Operator instructions] Please note that this conference is being recorded. I will now turn the call over to Kristina Kazarian.
Marathon Petroleum Q3 Earnings: Outpaces Expectations, Powers Up Shareholder Rewards & More
Marathon Petroleum shares rise after surpassing Q3 expectations and returning $3 billion to shareholders in third quarter FY24.
Marathon Petroleum Tops Estimates Despite Earnings Slump
Marathon Petroleum beat analyst expectations for third-quarter earnings despite lower refining margins, thanks to strong operational performance and shareholder-friendly policies.
Marathon Petroleum's 3Q profit beats, boosts share buybacks by $5 B
Oil refiner Marathon Petroleum reported its third-quarter earnings on Tuesday, beating Wall Street estimates on better-than-expected throughput and utilization rates even as global refining margins decline.
Marathon Petroleum Corporation (NYSE:MPC) Q3 2024 Earnings Call Transcript
Q3 2024 Earnings Call Transcript November 5, 2024 Marathon Petroleum Corporation beats earnings expectations. Reported EPS is $1.87, expectations were $0.98. Operator: Welcome to the MPC Third Quarter 2024 Earnings Call.
Marathon Petroleum's quarterly profit drops on weak refining margins
Marathon Petroleum reported a lower third-quarter profit on Tuesday as the top U.S. refiner took a hit from weak fuel demand which shrunk refining margins.
Marathon Petroleum Corporation Q3 Profit Decreases, But Beats Estimates
Marathon Petroleum Corporation (MPC) reported a profit for third quarter that decreased from the same period last year but beat the
Marathon Petroleum (MPC) Tops Q3 Earnings and Revenue Estimates
Marathon Petroleum (MPC) came out with quarterly earnings of $1.87 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $8.14 per share a year ago. These figures are adjusted for non-recurring items.
Marathon Petroleum’s Robust Q3 Performance and Strategic Buybacks Reinforce Buy Rating
In a report released today, Joe Laetsch from Morgan Stanley maintained a Buy rating on Marathon Petroleum (MPC – Research Report), with a ...
Marathon, Teamsters to resume contract talks as Detroit refinery strike enters second month
Marathon Petroleum Corp and the Teamsters union, which represents hundreds of refinery workers, will resume labor contract ...
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Marathon Petroleum Corp. Reports Third-Quarter 2024 Results
Highlights  Third-quarter net income attributable to MPC of $622 million, or $1.87 per diluted share $2.5 billion of adjusted EBITDA and $1.7 billion of net cash provided by operating acti. . .
Marathon Petroleum: Strategic Initiatives and Strong Financial Performance Justify Buy Rating
TD Cowen analyst Jason Gabelman maintained a Buy rating on Marathon Petroleum (MPC – Research Report) today and set a price target of ...
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Marathon Reports Third-Quarter 2024 Results
Marathon Petroleum Corporation reported its third-quarter 2024 numbers on Tuesday. The oil refiner headquartered in Findlay ...
Marathon's Q3 Performance Surges Above Forecasts, But Analyst Flags Caution On Mid-Con Outlook For Q4
Marathon Petroleum shares up on Q3 earnings beat, expects strong refining operations. Scotiabank analyst expects near-term ...
Marathon Petroleum price target lowered to $170 from $174 at TD Cowen
TD Cowen lowered the firm’s price target on Marathon Petroleum (MPC) to $170 from $174 and keeps a Buy rating on the shares. The firm ...