Marathon Petroleum (MPC) Tops Q2 EPS by 10c

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Go back to Marathon Petroleum (MPC) Tops Q2 EPS by 10c

Marathon Petroleum Corporation Reports Second-Quarter 2016 Results

July 28, 2016 6:37 AM EDT

Reported second-quarter earnings of $801 million, or $1.51 per diluted share, including a net benefit of $0.44 per diluted share primarily related to reversal of the company's lower of cost or market inventory valuation reserve Achieved record second-quarter segment income at Speedway Increased quarterly dividend by 12.5 percent, to $0.36 per share

FINDLAY, Ohio, July 28, 2016 - Marathon Petroleum Corporation (NYSE: MPC) today reported 2016... More