Marathon Oil Corp. (MRO) Declares $0.19 Quarterly Dividend; 2.1% Yield

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Go back to Marathon Oil Corp. (MRO) Declares $0.19 Quarterly Dividend; 2.1% Yield

UPDATE: Marathon Petroleum (MPC) Misses Q1 EPS by 5c

May 1, 2014 8:18 AM EDT

(Updated - May 1, 2014 8:18 AM EDT)

Marathon Petroleum (NYSE: MPC) reported Q1 EPS of $0.67, $0.05 worse than the analyst estimate of $0.72.

Refining & Marketing

Refining & Marketing segment income from operations was $362 million in the first quarter of 2014, compared with $1.11 billion in the first quarter of 2013. The decrease was primarily due to narrower crude oil differentials, higher turnaround costs and lower refinery throughput, primarily due to the turnaround activities. The decrease was partially offset by higher crack... More