Marathon Petroleum (MPC) Tops Q2 EPS by 24c, Revenues Beat

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Go back to Marathon Petroleum (MPC) Tops Q2 EPS by 24c, Revenues Beat

Marathon Petroleum Corp. reports second-quarter 2018 results

July 26, 2018 7:06 AM EDT

FINDLAY, Ohio, July 26, 2018 /PRNewswire/ --

Reported second-quarter earnings of $1.06 billion, or $2.27 per diluted share, and income from operations of $1.71 billion Refining & Marketing segment income from operations of $1.03 billion supported by record crude throughput volumes Midstream segment income from operations of $617 million, achieving record gathered, processed and fractionated volumes as well as pipeline throughputs Disciplined capital strategy enabled $1.1 billion return of capital to shareholders, including $885 million of share repurchases Andeavor combination on track for closing in the second half of 2018; multiple milestones achieved

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