Revenue segments as reported by the company.

Sales and other operating revenues

Income (loss) from equity method investments

Net gain on disposal of assets

Other income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

LCM inventory valuation adjustment

Impairment expense

Depreciation and amortization

Selling, general and administrative

Restructuring expenses

Other taxes

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Marathon Petroleum

Hess is an American global independent energy company engaged in the exploration and production of crude oil and natural gas. In 2014 Speedway, a subsidiary of Marathon Petroleum, purchased the retail operations of Hess Corporation for $2.82 billion

Hess

Speedway is the nation's second largest chain of corporate-owned convenience stores. Speedway is headquartered in Enon, Ohio, United States with locations operating under its namesake brand along the Midwestern and East Coast of the United States. Speedway LLC is a wholly owned subsidiary of the Marathon Petroleum Corporation and is the largest chain in central Ohio. Central to Speedway's brand is its Speedy Rewards loyalty program.

Speedway

Marathon Petroleum Corp. engages in the refining, marketing, and transportation of petroleum products. It operates through the Refining and Marketing, and Midstream segments. The Refining and Marketing segment includes refining crude oil and other feedstocks, purchasing ethanol, and refined products for resale and distribution of refined products. The Midstream segment refers to transportation, storing, distribution, and marketing of crude oil and refined products. The company was founded in 1887 and is headquartered in Findlay, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Marathon Petroleum reports robust Q4 performance and eyes growth opportunities

Marathon Petroleum's Q4 2022 performance reflects strong financial results and operational resilience. The company's focus on strategic partnerships, diversified investments, and market opportunities positions it well for future growth. Challenges related to market dynamics and supply chain disruptions require proactive management.

Marathon Petroleum (MPC) posts record Q1 earnings amidst market challenges

Marathon Petroleum (MPC) delivered strong financial performance in Q1 2023, driven by robust refining margins and strategic initiatives.
While facing challenges such as heavy turnaround expenses and market uncertainties, MPC remains focused on shareholder returns and sustainable growth.
The company's emphasis on low-carbon initiatives, margin capture strategies, and commercial improvements positions it well for future success.
Opportunities in renewable energy investments, consumer trends, and market dynamics offer avenues for MPC to further enhance its competitive position.

Marathon Petroleum (MPC) reports robust Q2 performance and strategic evolution

Marathon Petroleum (MPC) showcased strong financial performance, operational efficiency, and strategic evolution in Q2 2023.
Despite challenges in regulatory approvals and industry-wide refining delays, MPC remains well-positioned for growth.
Opportunities in market expansion, renewable investments, and product optimization offer avenues for future success.
Commitment to shareholder value through dividends, share repurchases, and sustainable practices underpins MPC's solid performance.

Marathon Petroleum posts stellar Q3 results, eyes growth opportunities ahead

Marathon Petroleum's Q3 performance reflects financial strength and operational efficiency, underpinned by a shareholder-friendly approach. While facing near-term challenges like turnaround expenses and regulatory compliance, the company is well-positioned to capitalize on growth opportunities through strategic focus and sustainable initiatives.

Marathon Petroleum posts robust 2023 results, eyes growth opportunities

Marathon Petroleum (MPC) reported strong financial performance in 2023, returning significant value to shareholders and emphasizing strategic capital allocation priorities.
The company's focus on margin improvement, reliability, and employee development underpins its competitive strengths and growth initiatives.
While facing challenges in capital allocation and maintaining shareholder returns, MPC sees opportunities in a favorable refining environment and targeted investments.
Overall, MPC remains optimistic about the future, leveraging its integrated system and operational excellence to drive sustained success and shareholder value.

Marathon Petroleum (MPC) reports robust Q1 earnings and growth opportunities

Marathon Petroleum (MPC) delivered strong financial results in Q1 2024 despite operational challenges, with a focus on safety, reliability, and strategic investments for long-term growth.
The company's optimistic outlook on the refining industry, coupled with increased cash distributions from MPLX and a significant share repurchase authorization, underscores MPC's commitment to enhancing shareholder value.
While facing challenges related to product margins, regulatory alignment, and market dynamics, MPC is well-positioned to leverage opportunities in the global refining market and drive sustainable growth.

Marathon Petroleum (MPC) reports robust Q2 earnings and strategic advancements

Marathon Petroleum (MPC) delivered strong Q2 earnings driven by operational excellence and robust cash generation amidst favorable market conditions.
The company's midstream segment, MPLX, made strategic advancements, enhancing MPC's value chain and positioning it for future growth.
While facing inquiries on dividend policy and market dynamics, MPC remains committed to safe operations, value creation, and strategic capital allocation.
With a focus on seizing growth opportunities and navigating challenges, MPC aims to sustain its performance and drive shareholder value in a dynamic market landscape.

Marathon Petroleum (MPC) reports robust Q3 earnings amid market challenges

Marathon Petroleum (MPC) delivered strong Q3 results with a focus on capital returns and operational excellence amidst market volatility.
While facing challenges in refining margins and analyst inquiries, MPC's strategic investments and commitment to safety position it for growth.
Opportunities lie in optimizing the portfolio, capitalizing on steady product demand, and enhancing operational efficiency for sustained success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

MPLX

FINDLAY, Ohio , Jan. 31, 2023 /PRNewswire/ -- Fourth -quarter net income attributable to MPLX of $816 million and full-year net income of $3.9 billion Fourth -quarter adjusted EBITDA attributable to MPLX of $1.5 billion and full-year 2022 adjusted EBITDA of $5.8 billion Full-year 2022 net cash provided by operating activities of $5.0 billion and over $3.5 billion in capital returned to unitholders Announced 2023 MPLX capital spending outlook of $950 million MPLX LP (NYSE: MPLX) today reported fourth-quarter 2022 net income attributable to MPLX of $816 million, compared with $830 million for the fourth quarter of 2021.  Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) attributable to MPLX was $1,454 million, compared with $1,445 million for the fourth quarter of 2021.

MPLX LP Reports Fourth-Quarter and Full-Year 2022 Financial Results

FINDLAY, Ohio , Jan. 31, 2023 /PRNewswire/ -- Fourth-quarter net income attributable to MPC of $3.3 billion , or $7.09 per diluted share; adj. net income of $3.1 billion, or $6.65 per diluted share; adj.

Marathon Petroleum Corp. Reports Fourth-Quarter and Full-Year 2022 Results

Marathon Petroleum (MPC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Marathon Petroleum (MPC)

FINDLAY, Ohio , Jan. 27, 2023 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) announced today that its annual meeting of shareholders will take place April 26, 2023, at 10 a.m. ET in a virtual-only format via live webcast.

Marathon Petroleum Corp. to host 2023 annual meeting of shareholders

Energy stock Marathon Petroleum Corp (NYSE:MPC) is trading a new all-time high this afternoon, last seen 3.4% higher to trade at $134.14.

Red-Hot Energy Stock Could Nab More Record Highs

High refining margins are likely to have boosted Marathon Petroleum's (MPC) profit levels in the fourth quarter.

Can Marathon (MPC) Q4 Earnings Maintain the Beat Streak?

APA Corporation

CubeSmart

EPR Properties

Hancock Whitney Corp.

Starwood Property

Williams

All the Wall Street firms that we follow here at 24/7 Wall St. keep a list for their institutional and high-net-worth retail clients of high-conviction stock picks.

7 Strong Buy Raymond James ‘Analyst Current Favorite' Stocks Have Big Upside and Big Dividends

Marathon Petroleum (MPC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Marathon Petroleum (MPC) is Poised to Beat Earnings Estimates Again

2022 was an extraordinary year for US oil refiners due to high margins from a surge in demand and Russian energy export dislocations. Marathon Petroleum further offered generous stock buybacks. This $57.1 billion market cap company is also a 64.6% owner of $34.2 billion mid-streamer MPLX.

Marathon Petroleum: Stock Up 63% In A Year, On Track For Good 2023 Performance

Marathon Petroleum is a refiner of oil products. Demand for refined products was abnormally strong in 2022. What's the outlook for 2023 like? A discussion of Marathon Petroleum's operating leverage.

Marathon Petroleum: Low Natural Gas Provides Support

Albemarle

Alaska Air Group

Delta Air Lines

Twenty-First Century Fox

Incyte

Southwest Airlines

Regency Centers

You might think fourth quarter earnings reports are ugly if you're just looking at the S&P 500. More than a few stocks buck the trend.

9 Companies' Profit Set To Triple While S&P 500 In Free Fall

FINDLAY, Ohio , Jan. 4, 2023 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) has received notification of an unsolicited mini-tender offer by TRC Capital Investment Corp. (TRC) to purchase up to 1,500,000 shares, which is less than 1% of MPC's outstanding common stock, at a price of $105.00 per share in cash. TRC's offer price is approximately 4.33% lower than the closing price of MPC's common stock on December 16, 2022, the last trading day prior to its stated commencement of the offer.

Marathon Petroleum Corp. Recommends Shareholders Reject Mini-Tender Offer From TRC Capital Investment Corp.

Occidental Petroleum

Schlumberger

Exxon Mobil

Let's take a deep look into the S&P 500's top sector for 22022 - Energy - and its high flyers OXY, HES, MPC, XOM and SLB.

Will These 5 Energy Stocks See Another Bull Run in 2023?

Constellation Energy Corp

First Solar

Halliburton

Valero Energy

About 70% of S&P 500 companies saw negative returns in 2022, which makes it all the more impressive for energy stocks to print such massive gains.

The 10 biggest winners in the S&P 500 this year were led by an oil giant Warren Buffett owns. The top stocks saw a combined $357 billion increase in market value.

Air Products and Chemicals

Fiserv

VMware

Vertex Pharmaceuticals

According to the All-in-one Screener, a Premium feature of GuruFocus, five stocks that outperformed the Standard & Poor's 500 index in 2022 yet are modestly undervalued based on GuruFocus' GF Value measure are Vertex Pharmaceuticals Inc. ( VRTX , Financial), Air Products & Chemicals Inc. ( APD , Financial), Fiserv Inc. ( FISV , Financial), Marathon Petroleum Corp. ( MPC , Financial) and VMware Inc. ( VMW , Financial).

5 Stocks That Outperformed the S&P 500 in 2022

Marathon Oil

Even during a year in which the S&P 500 index has declined 19%, with 70% of its stocks in the red, there are plenty of winners.

These 20 stocks were the biggest winners of 2022

Chevron

Energy Select Sector SPDR Fund

The sector should keep on prospering in the new year.

After Leading the S&P 500 in 2022, Here's Why Energy Stocks Could Continue to Soar in 2023

Shell PLC

Oil is a volatile commodity. Unlike decades past, investing in oil company stocks will give you diversified exposure to the energy industry as a whole.

Are Oil Stocks A Buy Right Now?

Baker Hughes Co

Devon Energy

Oil stocks mostly took losses Monday as the DOE shifted its SPR strategy.

Oil Stocks Mixed, Prices Up As U.S. Shifts From Sell To Buy In Oil Markets

FINDLAY, Ohio , Dec. 16, 2022 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call on Tuesday, January 31, 2023, at 11 a.m. EST to discuss 2022 fourth-quarter and full-year financial results.

Marathon Petroleum Corp. to Report Fourth-Quarter and Full-Year Financial Results on January 31, 2023

As 2022 comes to a close in a few weeks' time, investors are starting to search for value opportunities to take advantage of in the new year.

5 Outperforming Oil Companies to Consider for 2023

Cramer explained his thoughts on the top-performing energy stocks so far this year.

Jim Cramer goes over the energy stock winners of 2022

Phillips 66

The average U.S. gasoline price on Friday was $3.32 per gallon, down from $3.34 a year ago.

Gasoline Is Below Year-Ago Levels and It's Crushing Refiners

AerCap Hlds

Arhaus

HF Sinclair Corp

Perion Network

Five value stocks that meet our other screening criteria are Arhaus, Inc. (ARHS), Perion Network (PERI), HF Sinclair (DINO), Marathon Petroleum (MPC) and Aercap (AER).

5 Lucrative Value Stocks Based on Discounted PEG Ratio

Marathon Petroleum (MPC) reported earnings 30 days ago. What's next for the stock?

News for Marathon Petroleum Stock (MPC)