MPLX - Marathon Petroleum Q3: Earnings Beat Strong Cash Generation & More | Benzinga
Marathon Petroleum Corp (NYSE: MPC) reported Q3 FY23 revenue and other income of $41.58 billion, beating the consensus of $40.02 billion.
Income from operations totaled $4.75 billion, better than $6.69 billion a year ago.
Adjusted EBITDA was $5.71 billion for the quarter, compared with $6.83 billion in Q3 FY22.
Refining operating costs per barrel were $5.14 versus $5.63 a year ago on lower energy costs. Refining & Marketing refined product sales volume for the quarter was 3,596 mbpd (vs. 3,587 a year ago); Crude oil capacity utilization was 94% ...