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The following slide deck was published by Marathon Petroleum Corporation in conjunction with their 2021 Q3 earnings call. For further details see: Marathon Petroleum Corporation 2021 Q3 - Results - Earnings Call Presentation
Marathon Petroleum (NYSE:MPC) -1.8% pre-market despite beating Wall Street estimates for Q3 earnings and revenues. Q3 net income attributable to the company swung to a $694M profit, compared with a year-ago loss of $886M. Q3 adjusted EBITDA totaled $2.4B, compared with $1B in the same quarter...
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...
Read the full article here. For further details see: Wall Street Breakfast: The Week Ahead (Podcast)
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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Blackcomb Pipeline Reaches Final Investment Decision to Transport Growing Natural Gas Production from the Permian Basin to the Gulf Coast Region PR Newswire AUSTIN, Texas , July 31, 2024 /PRNewswire/ -- WhiteWater today announced that WhiteWater, MPLX LP (NYSE: M...
An emergency food pantry in Dickinson, North Dakota, recently got help in meeting local needs after issuing a public call for assistance via social media. The Association to Meet Emergency Needs pantry needed to replenish its supply shelves, prompting support from Marathon Petroleum's Dick...
NORTHAMPTON, MA / ACCESSWIRE / July 16, 2024 / Marathon Petroleum Corporation The Port of Long Beach, California, is supporting an effort to reduce debris in the port with devices that collect trash from the surface of the water. Marathon Pipe Line installed two electric trash skimmers ...