Marathon Petroleum rebounds with Q3 earnings beat
Marathon Petroleum Corporation (MPC) is up 1.0% Thursday morning. The company reported adjusted third-quarter earnings before the market open of $1.70 per share on revenue of $23.13 billion. Analysts had expected earnings of $1.68 per share on sales of $22.88 billion.
Marathon Petroleum Corporation (MPC) is an oil and gas refiner.
Fitbit, Inc. (FIT) and Newfield Exploration Company (NFX) top the list of other companies with positive news today, while Wayfair Inc. (W) and Spotify Technology S.A. (SPOT) top the list of companies with negative news.
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About Marathon Petroleum Corporation
Marathon Petroleum is an independent refiner with 16 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 3.0 million barrels per day. Its Speedway retail segment sells transportation fuels through 5,000 stores. The firm also owns and operates midstream assets primarily through its two listed MLPs, MPLX and Andeavor Logistics.