Marathon Petroleum (MPC) Misses Q4 EPS by 7c

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Go back to Marathon Petroleum (MPC) Misses Q4 EPS by 7c

Marathon Petroleum Corp. Reports Fourth-Quarter 2020 Results

February 2, 2021 6:40 AM EST

FINDLAY, Ohio, Feb. 2, 2021 /PRNewswire/ --

Reported fourth-quarter income of $192 million, or $0.29 per diluted share, which includes net pre-tax benefits of $851 million; reported adjusted loss of $608 million, or ($0.94) per diluted share $21 billion Speedway sale targeted to close by end of first quarter; reiterating commitment to use proceeds to strengthen the balance sheet and return capital to shareholders Advancing renewable fuels portfolio; Dickinson is 2nd largest renewable diesel facility in the US and progressing Martinez strategic repositioning Continuing focus on lowering cost structure Announced 2021 MPC... More