Marathon Petroleum first-quarter profit beats estimates on refining margin boost
05/05/2026 11:46
May 5 (Reuters) - Marathon Petroleum MPC.N on Tuesday beat Wall Street estimates for first-quarter profit, benefiting from stronger refining margins amid tighter global supply driven by the Middle East war. The Findlay, Ohio-based refiner reported adjusted profit of $1.65 per share for the quarter ended March 31, beating analysts' average estimate of 75 cents per share, according to data compiled by LSEG. (Reporting by Arunima Kumar in Bengaluru; Editing by Devika Syamnath) ((Arunima.Kumar@thomsonreuters.com;))
Recent news on Marathon Petroleum
See all newsUS refining capacity fell by 263,000 barrels per day in 2025, says EIA (updated)
Marathon Galveston Bay Texas Refinery operations normal, sources say
US energy stocks fall as Brent hits lowest since before Iran conflict
Trump calls out Exxon and Chevron in probe over alleged gasoline price 'gouging' (updated)
Brief: Marathon Galveston Bay, Texas Refinery Reports Reports Emissions From Flare 3 321