Marathon Petroleum Corp reports results for the quarter ended June 30 - Earnings Summary
Marathon Petroleum Corp reports results for the quarter ended June 30 - Earnings Summary
Marathon Petroleum Corp MPC.N reported quarterly adjusted earnings of $17.73 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $3.96. The mean expectation of nineteen analysts for the quarter was for earnings of $13.73 per share. Wall Street expected results to range from $8.56 to $15.55 per share.
Revenue rose 53.5% to $52.34 billion from a year ago; analysts expected $42.08 billion.
Marathon Petroleum Corp's reported EPS for the quarter was $17.73.
The company reported quarterly net income of $5.14 billion.
Marathon Petroleum Corp shares had risen by 20.1% this quarter and gained 88.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 48.3% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the oil & gas refining and marketing peer group is also "buy"
Wall Street's median 12-month price target for Marathon Petroleum Corp is $300.00, about 2.3% below its last closing price of $307.03
This summary was machine generated from LSEG data August 4 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 13.73 | 17.73 | Beat |
Mar. 31 2026 | 0.75 | 1.65 | Beat |
Dec. 31 2025 | 2.88 | 4.07 | Beat |
Sep. 30 2025 | 3.15 | 3.01 | Missed |