MPC News and Press, Marathon Petroleum Corporation From 11/02/21

Marathon Petroleum (NYSE:MPC): Q3 Non-GAAP EPS of $0.73 beats by $0.03; GAAP EPS of $1.09 beats by $0.35. Revenue of $32.61B (+85.8% Y/Y) beats by $10.51B. Press Release Capital expenditure of $464M. Adjusted earnings before interest, taxes, depreciation, and amortization  was $2.4B in t...

Marathon Petroleum Corp. Reports Third-Quarter 2021 Results PR Newswire FINDLAY, Ohio , Nov. 2, 2021 /PRNewswire/ -- Reported third-quarter net income of $694 million , or $1.09 per diluted share; reported adjusted net income of $464 million...

Marathon Petroleum (NYSE:MPC) is scheduled to announce Q3 earnings results on Tuesday, November 2nd, before market open. The consensus EPS Estimate is $0.70 (+170.0% Y/Y) and the consensus Revenue Estimate is $22.1B (+25.9% Y/Y). Over the last 2 years, MPC has beaten EPS estimates 100% of the...

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Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Economic reports in the week ahead Investors have big meetings with the Federal Reserve and OPEC to track even as earnings reports continue to roll in. The...

The energy sector (XLE -3%) sits at the bottom of today's S&P sector leaderboard as crude oil prices widened losses after the latest weekly inventory report from the EIA showed a much larger than expected build. Also, the Wall Street Journal reported that Iran's chief negotiator said his ...

The oil benchmarks recently registered their highest closes since October 2014. And because the global supply crunch is far from resolution and OPEC is sticking to its plan to increase output only gradually, analysts expect oil prices to remain elevated. So, both Marathon Petroleum (MPC) and ...

Rising inflation, fueled by supply chain disruptions and rising oil prices, could foster significant market volatility in the near term. However, analysts expect rising oil and natural gas prices to continue benefiting the energy sector. Therefore, we think dividend-paying energy stocks Marat...

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Seeking Alpha authors continue to be optimistic about XOM based on big reserves and potential bonanza from carbon capture. Reality is an upcoming COP-26 climate summit that is focusing on net zero by 2050 and 50% reduction in emissions by 2030. These goals are not compatible with XOM&...