Marathon Petroleum (MPC) Misses Q1 EPS by 14c

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Go back to Marathon Petroleum (MPC) Misses Q1 EPS by 14c

Marathon Petroleum Corporation Reports First-Quarter 2016 Results

April 28, 2016 6:38 AM EDT

Reported first-quarter earnings of $1 million Results include pretax charges of $0.06 per diluted share related to the impairment of goodwill and the valuation of inventories at the lower of cost or market Completed major turnaround activity and refinery light crude upgrade project Delivered strong earnings and cash flow from Speedway and Midstream segments Returned $244 million to... More