• November 5, 2024

Marathon Petroleum Q3 Earnings: Outpaces Expectations, Powers Up Shareholder Rewards & More

Marathon Petroleum Corporation (NYSE:MPC) shares are trading higher after its third-quarter results. Total revenues and other income of $35.4 billion topped the consensus of $32.8 billion. Adjusted EBITDA was $2.49 billion for the quarter, compared with $5.71 billion in prior year quarter. Refining operating costs per barrel were $5.30 versus $5.14 a year ago. Read: Marathon Petroleum Q3 Earnings Preview: Can Strong Sales Volume Offset Rising Costs? Refining & Marketing refined product sales vol