Higher Refining Margins Help Marathon Petroleum Beat Q2 Profit Estimate

Higher Refining Margins Help Marathon Petroleum Beat Q2 Profit Estimate

Marathon Petroleum (NYSE: MPC), the biggest U.S. refiner by volumes, topped the average analyst estimates for second-quarter earnings, on the back of increased refining margins which helped it reverse a first-quarter loss.   Marathon Petroleum on Tuesday reported second-quarter net income of $1.2 billion, or $3.96 per diluted share. That’s lower than the $1.5 billion net income, or $4.33 per share, for the second quarter of 2024, but higher than…

Marathon Petroleum (MPC) to Release Earnings on Tuesday

Marathon Petroleum (NYSE:MPC – Get Free Report) is expected to issue its Q2 2025 quarterly earnings data before the market opens on Tuesday, August 5th. Analysts expect the company to announce earnings of $3.38 per share and revenue of $31.70 billion for the quarter. Marathon Petroleum (NYSE:MPC – Get Free Report) last released its earnings […]