Marathon Petroleum (MPC) Tops Q1 EPS by 39c

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Go back to Marathon Petroleum (MPC) Tops Q1 EPS by 39c

Marathon Petroleum Corp. Reports First-Quarter 2021 Results

May 4, 2021 6:40 AM EDT

FINDLAY, Ohio, May 4, 2021 /PRNewswire/ --

Reported first-quarter loss of $242 million, or $(0.37) per diluted share, which includes pre-tax charges of $70 million; reported adjusted loss of $132 million, or $(0.20) per diluted share Reported adjusted EBITDA of $1.6 billion, driven by refining margin recovery, stability of midstream business, and continued focus to lower the overall cost structure Progressing renewables portfolio with final investment decision for Martinez conversion $21 billion Speedway sale close to completion

Marathon Petroleum Corp. (NYSE: MPC) today reported a... More