Marathon Petroleum (MPC) Misses Q4 EPS by 56c

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Go back to Marathon Petroleum (MPC) Misses Q4 EPS by 56c

Marathon Petroleum Corp. Reports Fourth-Quarter Results

February 7, 2019 6:30 AM EST

FINDLAY, Ohio, Feb. 7, 2019 /PRNewswire/ --

Reported fourth-quarter earnings of $951 million, or $1.35 per diluted share; results included costs of $1.06 per diluted share primarily from transaction-related items Refining and Marketing segment income from operations of $923 million driven by high utilization and wide crude differentials Midstream segment income from operations of $889 million supported by volume growth Retail segment income from operations of $613 million with strong marginsReturned $4.2 billion of capital to shareholders in 2018, including $675 million in share repurchases in the fourth quarter Announced 15% increase... More