Revenue segments as reported by the company.

Sales and other operating revenues

Income (loss) from equity method investments

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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Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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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. 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, Nov. 2, 2020 /PRNewswire/ -- Reported third-quarter loss of $1.0 billion, or $(1.57) per diluted share, including net pre-tax charges of $525 million; adjusted loss of $649 million, or $(1.00) per diluted share On-track to exceed targeted reductions of $1.4 billion of...

Marathon Petroleum Corp. Reports Third-Quarter 2020 Results

Disney

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Stocks This Week: Sell Short Marathon Petroleum And Walt Disney

Marathon Petroleum's (MPC) Q3 earnings and cash flows might have been affected by the coronavirus-borne economic gloom and the related demand woes for its refined products and transportation fuels.

Things to Know Before Marathon Petroleum's (MPC) Q3 Earnings

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In October and July Kiplinger Today listed Analyst and Kiplinger favorite dividend stocks. Analyst October favorites numbered 25, plus 15 from Kiplinger, with one repeated left 39 total. These 39 stocks ranged 1.50% to 10.11% in annual-yield and ranged 2.49% to 87.04% in one-year price-target-upsides per brokers 10/22/20.

15 Of 39 Kiplinger/Analyst Favorite October Dividend Treats

HollyFrontier

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Lingering signs of oil demand weakness are still evident. Refiners, such as PBF Energy (PBF), Valero (VLO) and Phillips 66 (PSX) have reduced runs to cope with the coronavirus-induced erosion in usage.

EIA Oil Supply Data Headlines: Crude Stocks Down, Gasoline Up

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Marathon (MPC) seeks permits to convert its petroleum refinery in Martinez into a renewable diesel facility.

Marathon Seeks Permission to Undertake Renewable Fuel Project

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In a year in which many sectors have enjoyed outsized positive performance despite the effects of the pandemic, the energy sector has been a distinct laggard.

Top Energy Analysts See Oil Up 25% or More in 2021: 5 Top Stocks to Buy Now

Marathon Petroleum (MPC) is expected to have incurred charges worth $125-$175 million in the third quarter of 2020 for severance and employee benefits-related costs.

Marathon Petroleum (MPC) to Lay Off 12% Staff Amid Coronavirus

The federal government's EIA report revealed that crude inventories fell by 2 million barrels compared to expectations of a 1.9-million-barrel build for the week ending Sep 25.

Oil Posts a Quarterly Gain as Supplies Fall for the Third Week

Marathon Petroleum Corp. MPC, -0.30% said late Wednesday it will lay off more than 2,000 employees as it looks to cut costs amid less demand for gasoline and other oil derivatives with the ongoing pandemic.

Marathon Petroleum to lay off more than 2,000 employees

Marathon Petroleum Corp , the largest U.S. oil refiner, said it would lay off about 2,050 employees, or 12% of its workforce, at its U.S. operations, excluding Speedway, as the COVID-19 pandemic crushed global demand for motor fuels.

Top U.S. oil refiner Marathon Petroleum to lay off 12% of workforce

Marathon Petroleum Corp's oil-refining unit is cutting at least 6% of its white-collar staff, according to people familiar with the matter, demonstrating the depth of declining fuel demand during the pandemic.

Exclusive: Marathon Petroleum cutting at least 6% of refinery staff at nine U.S. plants

The Distillate Crack Spread Is Sending A Message To Markets

FINDLAY, Ohio, Sept. 25, 2020 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call with analysts on Monday, Nov. 2, 2020, at 9:30 a.m. EST to discuss 2020 third-quarter financial results, which will be released earlier that day, and to provide an update on...

Marathon Petroleum Corp. to Announce 2020 Third-Quarter Financial Results Nov. 2

MPLX

FINDLAY, Ohio, Sept. 25, 2020 /PRNewswire/ -- Marathon Petroleum Corporation (NYSE: MPC) and MPLX LP (NYSE: MPLX) today announced the redemption of (i) all of the $650 million outstanding aggregate principal amount of MPC's 3.400% senior notes due Dec. 15, 2020, and (ii) all of the $300...

Marathon Petroleum Corp. and MPLX LP announce redemption of outstanding senior notes

Neste Oyj

Renewable diesel offers a rare growth opportunity for oil refiners.

A Rare Piece Of Good News For Oil Refiners; Renewable Diesel

CVR Energy

n a new report on the downstream (refining and marketing) sector of the oil and gas industry, analysts at Moody’s Investors Service raised their outlook on the sector from negative to positive based on expected growth of earnings before interest, taxes, depreciation and amortization in 2021 “well above” the firm’s 10% minimum threshold for a positive outlook. That’s the good news.

How 6 Refiners Look as Moody’s Sees Rebound in Sector Earnings

Cisco Systems

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Stocks This Week: Sell Short Cisco And Marathon Petroleum

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The people who were late to the fear of missing out “buy momentum” club have gotten a hard lesson in stock market investing recently.

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FINDLAY, Ohio, Sept. 1, 2020 /PRNewswire/ -- Marathon Petroleum Corp.

Marathon Petroleum Corp. announces redemption of outstanding 5.375% senior notes due 2022

Oil has rallied big off the spring debacle in which forward futures actually traded negative.

Goldman Sachs Has 5 Top Oil Picks for Gains Into 2021

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Investors' reaction to a zero-sum event added billions to Apple's market value, while the index closed lower on a bad day for airline stocks, cruise stocks, casinos, and oil stocks.

S&P 500 News: Apple Stock Up on Split, Buffett Bags Asian Elephant, Cruise Stocks, Oil Stocks Fall

LyondellBasell Industries

Hurricane Laura strengthened on Wednesday as it churned over evacuated oil-production platforms in the U.S. Gulf of Mexico and took aim at the energy industry's refining hub along the Texas/Louisiana coast.

News for Marathon Petroleum Stock (MPC)