Marathon Petroleum Tops Q4 Estimates

Marathon Petroleum beats Q4 profit estimates as midstream strength offsets refining weakness
By Tanay Dhumal (Reuters) -Top U.S. refiner Marathon Petroleum on Tuesday posted a 74% drop in fourth-quarter earnings but beat Wall Street estimates, as strength in its midstream segment helped offset a steep decline in refining margins.
Marathon Petroleum Tops Q4 Estimates Despite Lower Refining Margins
Marathon Petroleum Corporation (NYSE:MPC) shares are trading higher after it reported fourth-quarter results. Total revenues and other income of $33.47 billion topped the consensus of $31.12 billion.
Marathon Petroleum: Further Upside Likely After A Better-Than-Feared Q4
Marathon Petroleum Corporation's refining business may be undervalued, but its MLP, MPLX, has been performing well. Click to find out why MPC is a Strong Buy.
Compared to Estimates, Marathon Petroleum (MPC) Q4 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Marathon Petroleum (MPC) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Marathon Petroleum Tops Q4 Earnings Estimates Despite Falling Refining Margins
Marathon Petroleum reported higher-than-expected fourth-quarter earnings, driven by strong performance in its midstream and renewable diesel divisions, despite a significant decline in refining margins.
Marathon Petroleum beats fourth quarter profit estimates on midstream strength
Top U.S. refiner Marathon Petroleum beat fourth-quarter profit estimates on Tuesday, as strength in its midstream and renewable diesel segment helped offset a slump in refining margins.
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