Marathon Petroleum Earnings, Revenue Beat in Q2

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Marathon Petroleum announced earnings per share of $0.67 on revenue of $29.62B. Analysts polled by Investing.com anticipated EPS of $0.3869 on revenue of $20.59B.

Marathon Petroleum shares are up 35.25% from the beginning of the year, still down 13.73% from its 52 week high of $64.84 set on June 10. They are outperforming the S&P 500 which is up 17.76% from the start of the year.

Marathon Petroleum’s report follows an earnings beat by Exxon Mobil on Friday, who reported EPS of $1.1 on revenue of $67.74B, compared to forecasts EPS of $1.01 on revenue of $64.64B.

Chevron had beat expectations on Friday with second quarter EPS of $1.71 on revenue of $37.6B, compared to forecast for EPS of $1.59 on revenue of $36.33B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar