Marathon Petroleum Corp. Reports Second-Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/20/2026
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Walmart shares fall despite earnings beat
- Alibaba stock dips as Q2 profit misses estimates despite strong AI cloud growth
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Moderna stock pulls back after massive one-day rally: analysts weigh in
- Marvell issues Google warrant tied to custom chip deal
- FOMC minutes from July 28-29th meeting
- US stock futures steady after tech slump; investors focus on Middle East tensions
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Wall Street sinks as bond yields rise, Walmart results disappoint
Marathon Petroleum (MPC) Tops Q2 EPS by 42c, Revenues Miss
August 3, 2020 6:41 AM EDTMarathon Petroleum (NYSE: MPC) reported Q2 EPS of ($1.33), $0.42 better than the analyst estimate of ($1.75). Revenue for the quarter came in at $15.2 billion versus the consensus estimate of $18.88 billion.
Reported second-quarter income of $9 million, or $0.01 per diluted share, including net pre-tax benefit of $1.4 billion; adjusted loss of $868 million, or $(1.33) per diluted shareAnnounced agreement to sell Speedway in $21 billion all-cash transaction; estimated after-tax proceeds of $16.5 billion... More