Marathon Petroleum (MPC) Tops Q4 EPS by 17c

Marathon Petroleum (NYSE: MPC) reported Q4 EPS of $0.43, $0.17 better than the analyst estimate of $0.26. Revenue for the quarter came in at $17.28 billion versus the consensus estimate of $14.54 billion.

"Our fourth-quarter and full-year 2016 results reflect solid operational and financial performance across the business despite a challenging commodity price and margin environment," said Gary R. Heminger, chairman, president and chief executive officer. "One year following the strategic combination of MPLX and MarkWest, we are pleased with MPLX's 2016 results and are encouraged by the robust portfolio of growth opportunities, which will continue to contribute to long-term value for our investors."

For earnings history and earnings-related data on Marathon Petroleum (MPC) click here.

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