Marathon Petroleum (MPC) Raises Quarterly Dividend 19% to $0.50; 2.5% Yield

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Go back to Marathon Petroleum (MPC) Raises Quarterly Dividend 19% to $0.50; 2.5% Yield

Marathon Petroleum (MPC) Tops Q2 EPS by 80c; Raises Buyback Plan by $2B

July 31, 2014 7:31 AM EDT

Marathon Petroleum (NYSE: MPC) reported Q2 EPS of $2.95, $0.80 better than the analyst estimate of $2.15. Revenue for the quarter came in at $26.93 billion versus the consensus estimate of $22.87 billion.

The company xecuted $459 million of share repurchases during second quarter and increased share repurchase authorization... More