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Sales and other operating revenues

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Net gain on disposal of assets

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Revenue Segments

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

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Margins

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

LCM inventory valuation adjustment

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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. is an independent company, which engages in the refining, marketing, and transportation of petroleum products in the United States. It operates through the following segments: Refining and Marketing, and Midstream. The Refining and Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products through various means, including barges, terminals, and trucks that the company owns or operates. The Midstream segment transports, stores, distributes and markets crude oil and refined products principally for the Refining and Marketing segment via refining logistics assets, pipelines, terminals, towboats, and barges. It also gathers, processes, and transports natural gas, and gathers, transports, fractionates, stores, and markets NGLs. 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.

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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.

FINDLAY, Ohio, May 17, 2021 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) today announced that it commenced a "modified Dutch auction" tender offer to purchase up to $4.0 billion of shares of its common stock, or such lesser number of shares of its common stock as are properly tendered and not properly withdrawn, at a price not greater than $63.00 and not less than $56.00 per share of common stock, to the tendering shareholder in cash, less any applicable withholding taxes and without interest (the "Offer"). The Offer is made upon the terms and subject to the conditions described in the offer to purchase and in the related letter of transmittal.

Marathon Petroleum Corp. announces modified Dutch auction tender offer to purchase up to $4.0 billion of its outstanding common stock

FINDLAY, Ohio, May 14, 2021 /PRNewswire/ -- – Marathon Petroleum Corp. (NYSE: MPC) today provided additional comments regarding the closing of its $21 billion sale of Speedway to 7-Eleven, Inc., a wholly owned, indirect subsidiary of Seven & i Holdings Co., Ltd (3382: Toyko). The parties closed the transaction after all conditions to close were fully satisfied.

Marathon Petroleum Comments on Speedway Sale Closing

Officials from the Federal Trade Commission (FTC) said that 7-Eleven's parent company moved ahead in its merger arrangement with Marathon Petroleum Corporation even as the commission continues to probe the deal, according to a Friday (May 14) press release.

7-Eleven, Speedway Merger Proceeded Despite FTC Probe

The completion of 7-Eleven's purchase of thousands of Speedway gas and convenience stores is potentially illegal and may raise competitive concerns in hundreds of local U.S. markets, two top U.S. Federal Trade Commission officials said as a dispute between the agency and companies broke into the open on Friday.

FTC officials say 7-Eleven purchase of Speedway chain likely illegal despite closing

IRVING, Texas, May 14, 2021 /PRNewswire/ -- 7-Eleven, Inc. ("7-Eleven"), the largest chain in the convenience-retailing industry, announced today the successful completion of its acquisition of Speedway, a leading convenience store chain, from Marathon Petroleum Corp. (NYSE: MPC). Speedway's high-quality portfolio includes approximately 3,800 stores located in 36 states across the U.S. "We are very excited to welcome Speedway into the 7-Eleven family," said Joe DePinto, President and Chief Executive Officer of 7-Eleven.

7-Eleven, Inc. Completes Acquisition of 3,800 Speedway Stores

FINDLAY, Ohio, May 14, 2021 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) today announced the close of the $21 billion sale of Speedway to 7-Eleven, Inc., a wholly owned, indirect subsidiary of Seven & i Holdings Co., Ltd (3382: Toyko). In conjunction with closing, MPC announced its plans regarding the estimated $16.5 billion of after-tax cash proceeds.

Marathon Petroleum Corp. Announces Close of $21 Billion Speedway Sale and Return of Capital Plans

MPLX

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Marathon Petroleum (MPC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Marathon Petroleum (MPC) Hits 52-Week High, Can the Run Continue?

Bristol-Myers

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Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

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5 Goldman Sachs Conviction List Growth Stocks to Buy Also Pay Big Dividends

Marathon Petroleum Corporation's (MPC) CEO Michael Hennigan on Q1 2021 Results - Earnings Call Transcript

Marathon Petroleum (MPC) delivered earnings and revenue surprises of 72.22% and 45.13%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Marathon Petroleum (MPC) Reports Q1 Loss, Tops Revenue Estimates

Marathon Petroleum (MPC) reports expenses of $22.7 billion in first-quarter 2021, down 31.6% from the year-ago quarter.

Marathon (MPC) Q1 Loss Narrower Than Expected, Sales Beat

FINDLAY, Ohio, May 4, 2021 /PRNewswire/ -- Reported first-quarter loss of $242 million , or $(0.37) per diluted share, which includes pre-tax charges of $70 million; reported adjusted loss of $132 million, or $(0.20) per diluted share Reported adjusted EBITDA of $1.6 billion, driven by refining margin recovery, stability of midstream business, and continued focus to lower the overall cost structure Progressing renewables portfolio with final investment decision for Martinez conversion $21 billion Speedway sale close to completion Marathon Petroleum Corp. (NYSE: MPC) today reported a net loss of $242 million, or $(0.37) per diluted share, for the first quarter of 2021, compared with a net loss of $9.2 billion, or $(14.25) per diluted share, for the first quarter of 2020.   Adjusted net loss was $132 million, or $(0.20) per diluted share, for the first quarter of 2021, compared with an adjusted net loss of $106 million, or $(0.16) per diluted share, for the first quarter of 2020.

Marathon Petroleum Corp. Reports First-Quarter 2021 Results

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Cohen & Steers Closed-End Opportunity Fund

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Valero Energy

October-December Kiplinger Today published four articles: 11 Best Monthly Dividend[s], 21 Best Stocks, 11 Dividend Growth Stocks, and 25 Dividend Stocks Analysts Love. Stocks therein I called "Kiplinger Top Stocks For 2021." Then, in March, Barron's Weekly published Retire on Dividends listing 10 to start. All told, five Kip/Bar articles listed 78 stocks. Three duplicates left 75, with 66 paying dividends.

Kiplinger And Barron's 75 Top Stocks For 2021 Show 17 As May Flies

Suncor Energy

Despite an already massive run off the lows of last year, oil looks to be heading higher.

Goldman Sachs Sees $80 Oil This Year: 4 Conviction List Energy Stocks to Buy Now

Marathon Petroleum's (MPC) midstream unit is likely to have benefited from stable, fee-based revenues, contained operating expenses and a contribution from organic growth projects in Q1.

Is a Beat Likely for Marathon (MPC) This Earnings Season?

Southwest Airlines

DALLAS, April 22, 2021 /PRNewswire/ -- Southwest Airlines Co . (NYSE: LUV) today announced memoranda of understanding with two leading energy companies, Marathon Petroleum Corporation (NYSE: MPC), and Phillips 66 (NYSE: PSX), intended to facilitate the development and production of commercialized sustainable aviation fuel (SAF).

Southwest Airlines Seeks To Advance Sustainable Aviation Fuel Through Two New Energy Partnerships

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Bloomin' Brands

ConocoPhillips

Broker-friendly stocks like Antero Resources (AR), Marathon Petroleum (MPC), Valero Energy (VLO), ConocoPhillips (COP) and Bloomin' Brands (BLMN) should be on investors' watchlist.

5 Stocks Prospering on Recent Upgrade by Brokers

This time last year, the price of oil was plummeting as concerns about the COVID-19 pandemic were rising.

Goldman Sachs Says Buy These 4 Energy Stocks for Possible Summer Rally

HollyFrontier

4 Refining & Marketing Stocks to Fend Off Industry Headwinds

Netflix

T-Mobile US

Top Wall Street firms go about covering companies with their research departments in many different ways.

BofA Securities Adds 2 Red-Hot Stocks to Buy to Growth 10 Portfolio for Q2

Marathon Petroleum could be about to rebound in a big way, according to traders in the options market.

Options traders see one Big Oil name retesting its highest levels of the year by May

The Teamsters Union on Monday urged shareholders of oil refiner Marathon Petroleum Corp to vote against an approval on executive compensation, arguing that the company provides outsized and unnecessary exit packages for top leaders.

Union urges shareholders to vote against Marathon exec pay: letter

Cardinal Health

M&T Bank

For years, analysts and portfolio managers have anticipated the return of value stocks as the market has moved higher, and for years they have continued to underperform growth stocks.

News for Marathon Petroleum Stock (MPC)