Marathon Petroleum climbs as quarterly profit beat estimates
04/08/2026 12:11
BUZZ-Marathon Petroleum climbs as quarterly profit beat estimates ** Shares of refiner Marathon Petroleum MPC.N up 2% at $313 premarket
** Co's quarterly profit beat Wall Street's estimate as fuel supply disruption from the U.S.-Israeli war on Iran pushed refining margins to multi-year highs
** Reports refining and marketing margin of $36.33 per barrel vs $17.58 per barrel last year
** Posts adjusted profit of $17.73 per share, compared with average analysts' estimate of $13.73 per share - LSEG data
** As of last close, MPC up 88.8% YTD
(Reporting by Varun Sahay in Bengaluru)