Marathon Petroleum (MPC) Tops Q3 EPS by 39c

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Marathon Petroleum Corp. Reports Third-Quarter 2023 Results

October 31, 2023 6:40 AM EDT

FINDLAY, Ohio, Oct. 31, 2023 /PRNewswire/ --

Third-quarter net income attributable to MPC of $3.3 billion, or $8.28 per diluted share; adjusted net income of $3.2 billion, or $8.14 per adjusted diluted shareAdjusted EBITDA of $5.7 billion; net cash provided by operating activities of $5.0 billion, reflecting continued strong cash generationMPLX increases distribution 10%; MPC expects to receive an incremental $200 million, for a total of $2.2... More