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Marathon Petroleum announced earnings per share of $1.3 on revenue of $35.61B. Analysts polled by Investing.com anticipated EPS of $0.5622 on revenue of $21.91B.
Marathon Petroleum shares are up 15.67% from the beginning of the year, still down 2.45% from its 52 week high of $75.88 set on January 18. They are outperforming the S&P 500 which is down 4.61% from the start of the year.
Marathon Petroleum’s report follows an earnings beat by Exxon Mobil on Tuesday, who reported EPS of $2.05 on revenue of $84.97B, compared to forecasts EPS of $1.93 on revenue of $85.01B.
Chevron had missed expectations on Friday with fourth quarter EPS of $2.56 on revenue of $48.13B, compared to forecast for EPS of $3.13 on revenue of $45.34B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
