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Marathon Petroleum (MPC) Tops Q1 EPS by 39c

May 4, 2021 6:42 AM

Marathon Petroleum (NYSE: MPC) reported Q1 EPS of ($0.20), $0.39 better than the analyst estimate of ($0.59). Revenue for the quarter came in at $22.88 billion versus the consensus estimate of $19.76 billion.

Second Quarter 2021 Outlook

Refining & Marketing Segment:

Refining operating costs per barrel(a)

$

5.20

Distribution costs (in millions)

$

1,250

Refining planned turnaround costs (in millions)

$

100

Depreciation and amortization (in millions)

$

465

Refinery throughputs (mbpd):

Crude oil refined

2,560

Other charge and blendstocks

120

Total

2,680

(a) Excludes refining planned turnaround and depreciation and amortization expense.

Corporate and unallocated items (in millions)

$

175

Conference Call

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

Categories

Earnings Guidance

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