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Market Overview

Marathon Petroleum: Q4 Earnings Insights

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Shares of Marathon Petroleum (NYSE:MPC) were flat in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 160.26% year over year to ($0.94), which beat the estimate of ($1.41).

Revenue of $18,187,000,000 declined by 42.03% from the same period last year, which beat the estimate of $17,420,000,000.

Guidance

Marathon Petroleum hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Feb 02, 2021

Time: 11:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/mpc/mediaframe/41084/indexr.html

Technicals

Company's 52-week high was at $60.35

Company's 52-week low was at $15.26

Price action over last quarter: Up 36.16%

Company Description

Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 2.8 million barrels per day. The firm also owns and operates midstream assets primarily through its listed MLP, MPLX.

 

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Posted-In: BZI-RecapsEarnings News

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